Deep Down, Inc. (OTCQX: DPDW) ("Deep Down"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announces it has received a large order for patented flying leads and unique UTA (Umbilical Termination Assembly), valued at approximately $2.5 million directly from an independent operator.

The flying leads and UTA will be delivered and deployed in the Gulf of Mexico in the first quarter of 2016.

Ron Smith, Chief Executive Officer of Deep Down, Inc. stated, "Despite the current environment of lower oil prices, this order from a new customer reinforces our strategy and ability to work directly for operators."