Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Deep Down, Inc.

Deep Down, Inc. (OTCBB:DPDW) is an installation engineering and management company focused on the offshore segment of the energy industry. It provides installation management, engineering services, support services, custom fabrication and storage management services for the offshore subsea control, umbilical, and pipeline industries.

The company’s products include flying lead installation, maintenance and termination systems; buoyancy and rigging systems; high and low pressure testing and monitoring systems; latch systems; lay chutes; rollers; tensioners; and offshore storage and space management systems.

Deep Down fabricates component parts of subsea distribution systems and assemblies that specialize in the development of subsea fields and tie backs. These items include umbilicals, flow lines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems, among others

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