NEW ALBIN YACHT DEALER ANNOUNCED

SOUTH TAMPA BAY – PALMETTO, FL (November 16, 2004) – Massey Enterprises, Inc. d.b.a. Massey Yacht Sales & Service has been named the full line Albin dealer for Florida’s West Coast. One of the oldest and most established full service yacht dealerships in the Southeastern U.S., Massey is currently a sales volume and customer service award-winning dealer for Catalina, Morgan, Hunter and Caliber sailing yachts.

“We chose Massey Enterprises primarily for their outstanding reputation and large presence in Southwest Florida’s boating industry,” said Craig Smith, National Sales Manager of Albin Marine. The Albin power yacht line ranges from 26’ to 45’ and includes Tournament Express and Sedan models. Most of the Albin models are available in both single and twin diesel engines. Other models are on the drawing board, scheduled for introduction in the near future.

Massey has been searching the lobster boat, cruising boat and trawler market for several years in an effort to find a power line compatible with their large sailing customer base. “Sailors eventually reach an age when they contemplate power or simply desire to expand their yachting horizons and seek a trusted dealership to take care of their needs,” said Ed Massey, President and CEO of Massey Enterprises. “We are very excited about the opportunity to be able to offer our 30,000 plus customer base a yacht with so much proven success and value,” he said. “Some of our yacht owners have decided to explore lobster boat style power yachts for cruising and fishing, and the Albin line will enforce long term relationships.”

Albin is one of the largest American-made lobster style powerboat manufacturers with emphasis on the cruising family and fishing enthusiasts. The Albin line is a leader in modern construction, downeaster good looks and fuel-efficient cruising speeds, offering excellent value.

Massey generates over 18 million dollars in annual sales volume and anticipates continued growth with the addition of the Albin line. Those searching for Albin yachts can inspect them at Regatta Pointe, Palmetto; Centennial Harbour Marina, downtown Ft. Myers and the Harborage Marina in St. Petersburg. The Massey service department is headquartered at the Palmetto location. The Massey Mobile Marine team is available to extend warranty and after sale service solutions at the yacht owners dock.

For more information, contact Edward Massey at yachtsales@masseyyacht.com, visit the website at www.masseyyacht.com or call 941-723-1610.

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Contact Information

Edward Massey

CEO

Massey Yacht Sales & Service

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