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Donzi Announces Record Sales at Miami Show

Sarasota, FL February 28, 2006  – Donzi Marine, a premium builder of high performance recreational fiberglass powerboats, has announced a record increase in sales at the 2006 Miami International Boat Show. During the event, held February 16th-20th at the Miami Beach Convention Center, Donzi booked retail orders for 56 boats with an approximate value of  $12 million. This represents an increase of approximately 50% over Donzi’s Miami results from the prior year.

“Donzi’s sales record is clear evidence of our strategic direction and leadership position in the performance boat industry, “ said Lee Kimmell, Chairman and CEO of American Marine Holdings, Donzi’s parent company.

Company executives credit their substantial investment in product development as the primary catalyst for Donzi’s success. “This was the best Miami Boat Show in Donzi’s history,” according to vice president of sales Tom Kosto. “Our research told us that customers were craving new product. We stepped up and delivered an entire new line of performance boats.  It is now apparent just how well they have been received.”  Kosto added that high traffic at the show and a generally strengthening market were additional elements of Donzi’s impressive showing.

Donzi introduced its newest models at a press conference on the show’s opening day. Among the new products introduced was Donzi’s new 27 ZR, which joins the company’s lineup of 35’, 38’, and 43’ ZR high performance models.  Said Mr. Kimmell, “This is the fourth ZR we’ve introduced since 2005 – all of them bred directly from our World Champion offshore racing program. “ Mr. Kimmell explained that the 27 ZR is unique in that it brings genuine offshore performance to buyers in the sub-$100,000 market, and added, “Donzi is investing more in new high performance product than any other manufacturer.”

“We’ve launched eleven new models in fifteen months, six of which are making their Miami Show debut today, and we’re generating plenty of excitement in the process,” said Donzi vice president of marketing, Josh Stickles.

Stickles announced that Donzi had been selected to produce seven boats for the filming of the upcoming Universal Studios film, “Miami Vice,” directed by Michael Mann. “Universal hand-picked these boats,” according to Stickles, who also announced that Donzi is the “Official Vee-Bottom Boat of the Miami Vice Movie.”  One of the boats used in the filming, a solid black Donzi 38 ZR, was on display at the show. “We will be working closely with Universal to promote our involvement in the film,” said Stickles, who added, “You’ll being seeing the Miami Vice Donzis everywhere from now through the premiere.”

In closing, Mr. Kimmell pledged Donzi’s continuing support for and sponsorship of the Southern Kingfish Association. Donzi displayed one of its newest SKA boats at the show, a 38 ZF Open powered by a trio of prototype Mercury Racing 300HP Optimax engines.

Founded in Miami in 1964, and located today in Sarasota, Florida, Donzi offers over 30 fiberglass powerboat models from 16 to 45 feet. In the past year Donzi has added a 70,000 square-foot facility to its manufacturing space, and recently completed the acquisition of an additional 2 ½-acre parcel adjoining its main production facility with plans for additional growth. Donzi is a division of American Marine Holdings, which also includes Pro Line, a market leader of recreational saltwater fishing boats from 17 to 35 feet; and AMH Government Services, which offers customized Donzi and Pro-Line vessels for government and military applications worldwide.

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