[PCW] Glacier Bay carries on

[Georgs Kolesnikovs]

Glacier Bay Acquired by Aequitas Capital and Management Team

Lake Oswego, Ore - October 25, 2007 - Glacier Bay Catamarans, LLC has 
announced that it has acquired the operations of Glacier Bay Inc. and 
will continue to build catamarans under the Glacier Bay brand.

Glacier Bay Catamarans, LLC is a partnership between Aequitas Capital 
Management, an alternative asset management firm based in Lake 
Oswego, Ore., and the senior management of Glacier Bay Catamarans, 
LLC.

In making this announcement, Dean Samuelson, President and CEO of 
Glacier Bay Catamarans, LLC said, "We are very excited about building 
upon the twenty year heritage of the Glacier Bay brand. Our new 
partnership will provide us with the financial resources to invest in 
our people, in innovative new products and in the infrastructure to 
deliver outstanding service to our customers. We will remain the 
clear global leader in the powered catamaran market."

"Aequitas is delighted to have facilitated this buyout through our 
Catalyst private equity fund," said Andy MacRitchie, executive vice 
president of Aequitas. "We made the decision to invest in Glacier Bay 
Catamarans based on the strong brand and long tradition of 
exceptional customer loyalty."

http://www.glacierbaycats.com/
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When I pass along press releases that I cross my desk, I post them 
for what they are, publicity releases from power catamaran builders, 
designers, dealers and others which represent the viewpoint of those 
same builders, designers, dealers and others. The discerning reader 
may need to apply a grain of salt.

I post the releases for general information purposes, without any 
verification or endorsement.

--Georgs

Georgs Kolesnikovs
    Power Catamaran World
    http://www.powercatamaranworld.com

PS  Members of the trade are encouraged to ensure I'm on their media 
contact lists.