Impending Deadline in Class Action Litigation Against Superior Offshore International, Inc.

SOUTH BURLINGTON, Vt., April 18, 2008 (PRIME NEWSWIRE) — Johnson &
Perkinson hereby announces that the deadline for applying for Lead
Plaintiff status in a class action lawsuit naming Superior Offshore
International, Inc. (“Superior Offshore” or the “Company”)
(Nasdaq:DEEP) is approaching. The action, docket numbered 08-CV-00987,
was filed in the United States District Court for the Southern District
of Texas. Individuals, families, trusts or other entities that
purchased Superior Offshore common stock between April 20, 2007 and
January 9, 2008, inclusive, and have substantial losses, have the
opportunity to participate as Lead Plaintiffs in the currently pending
class action litigation against the Company. To do so, you must apply
to serve in that capacity by April 28, 2008.

Johnson & Perkinson, a law firm based in South Burlington, Vermont, has
extensive experience prosecuting investor class actions and actions
involving financial fraud. Attorneys Johnson and Perkinson are both
former employees of the Securities and Exchange Commission. Dedicated
to maximizing shareholder return, members of Johnson & Perkinson have
prosecuted complex class actions alleging securities or consumer
fraud/deception on behalf of investors/consumers against numerous
public companies since 1985, resulting in the recovery of many hundreds
of millions of dollars, and have been singled out for excellence by
various courts. The firm is litigating, or has recently resolved
litigation, as Lead or Co-Lead Counsel in securities class actions
against Xerox, Priceline, Wireless Facilities, i2 and Xchange, and
served on the Executive Committee in the Global Crossing case.

If you wish to discuss this action or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Johnson & Perkinson attorneys James F. Conway,
III or Eben F. Duval via email at [email protected]; through our
website at; toll free at 1-888-459-7855; or by mail
at Johnson & Perkinson, 1690 Williston Road, P.O. Box 2305, South
Burlington, Vermont 05403. Attorneys at Johnson & Perkinson can help
you decide if seeking appointment as a Lead Plaintiff is right for you.
Your ability to share in any recovery is not affected by your decision
to not seek appointment as a Lead Plaintiff.

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