February 27, 2007

US SAILING AND RIBCRAFT BECOME PARTNERS Create New Support Boat Program for Sailing Organizations

Portsmouth, R.I. February 27, 2007 – US SAILING, national governing body of the sport, and RIBCRAFT, a leading manufacturer of professional grade rigid inflatable boats (RIBs), announced a new partnership today naming RIBCRAFT an Official Sponsor of US SAILING and the US Sailing Team, and Official Coach Boat of US SAILING. The three-year agreement runs through 2009 and includes the creation of a US SAILING RIBCRAFT RIB available to US SAILING members and member sailing organizations.

“This partnership recognizes that every day thousands of support boats at hundreds of sailing organizations carry precious cargo – coaches, instructors and students,” said US SAILING’s Marketing Director Dan Cooney. “RIBCRAFT’s superb quality, product knowledge and commitment to sailing will not only contribute to our organization and our members but will also contribute to the sport in general. We’re thrilled to have them on-board.”

The partnership includes the development of a 15-foot US SAILING RIBCRAFT RIB that comes equipped with a 40HP engine, configured to meet the requirements of sailing organizations and their on-the-water activities. In addition, RIBCRAFT will provide the US Sailing Team with professional-grade RIBs for use in training and competition at home and abroad. RIBCRAFT will also provide financial support to US SAILING.

“Having been dedicated to supplying the sailing community with high-quality, professional-grade RIBs for many years, it seems only natural that we’ve partnered with the national governing body for the sport,” said RIBCRAFT President Brian Gray. “We look forward to strengthening our commitment to the sailing community through support and sponsorship of US SAILING.”

For information about the US SAILING RIBCRAFT RIB, please visit www.ribcraftusa.com/ussailing or call RIBCRAFT toll free at 1-866-RIBS-USA.

About RIBCRAFT RIBCRAFT is a leading supplier of professional grade RIBs for the military, commercial, and recreational markets worldwide. With models starting at 15 feet, RIBCRAFT offers RIBs capable of fulfilling most any mission. www.ribcraftusa.com

About US SAILING The United States Sailing Association (US SAILING) is the national governing body for sailing and sailboat racing. Headquartered in Portsmouth, Rhode Island, the organization’s mission is to encourage participation and promote excellence in sailing and racing in the U.S. US SAILING offers training and education programs, supports a wide range of sailing organizations and communities, and provides administration and oversight of competitive sailing across the country, including the US Sailing Teams and the U.S. Olympic and Paralympic Sailing Teams. For more information, please visit www.ussailing.org.