Deep Down Inc., Houston, (OTCBB: DPDW) has named Marcelo Lardosa business development officer where he will work with senior management to develop, implement and monitor new business strategies and relationships in Brazil. He has experience with British Petroleum Plc and Marine Production Systems do Brasil, a subsidiary of Oceaneering International Inc.

            Deep Down president and chief executive Ronald Smith says, “Deep Down is currently providing buoyancy for the new build Delba III semi-submersible rig to be deployed offshore Brazil. We are committed to increasing our market share of Deep Down offshore products and services in Brazil. Our relationship with Mr. Lardosa will help us to capitalize on opportunities as they emerge and further enhance important strategic relationships.”

Deep Down is an oilfield services company serving the worldwide offshore exploration and production industry.