Marine Growth Ventures, Inc., ("MGV") (OTCBB:MGRW), a diversified high growth marine holding company and RCI, the global leader in vacation exchange, today announced they have signed an agreement to add the M\V Pacific Aurora as one of the first Canadian cruise ship affiliates in the RCI network.
The M\V Pacific Aurora will cruise Canadian waters offering both summer and winter itineraries. Timeshare owners may enjoy seven day cruises for time periods of their choosing in some of the most exotic and beautiful marine areas in the world. The M\V Pacific Aurora has been awarded RCI Gold Crown Resort® status by RCI. Sales of vacation ownership in the M\V Pacific Aurora will begin in the coming months by Marine Growth Canada.
Marine Growth Canada purchased the M\V Pacific Aurora in the Spring, 2007 and completed its shipyard renovations in Vancouver, Canada. Consistent with its September 18th announcement "Strategic Initiatives for Accelerated Growth" issued by MGV President and CEO Craig Hodgkins, MGV is focused on the timeshare space and affiliated with Group RCI to help enhance the ownership experience by offering additional vacation options.
“We’re pleased to add this exciting exchange option to our network of vacation options,” said Ricardo Montaudon, president of Group RCI, The Americas. “By choosing RCI as their exchange company, they recognize that we are the right company to help achieve their goals.”
The affiliation agreement with RCI will enable MGV’s customers to exchange with other exciting properties in the RCI exchange network. RCI subscribing members will have the opportunity to exchange their land based timeshare for a week onboard the M\V Pacific Aurora.
"RCI is the global leader in the timeshare exchange program and we are honored to be accepted into its affiliation program which is recognized around the world," said Craig Hodgkins, president and CEO of MGV. "This arrangement will give our marketing agents additional tools as they begin to promote our products and an opportunity for increased benefit to our owners.”
About Group RCI
Group RCI , part of the Wyndham Worldwide family of companies, (NYSE:WYN) is the global leader in non-hotel leisure accommodations with exclusive access for specified periods to more than 60,000 vacation properties in more than 100 countries. Organizationally, Group RCI is comprised of vacation exchange, including RCI®, the worldwide leader in vacation exchange and provider of travel services to businesses and consumers and The Registry Collection®, the world’s largest luxury exchange program; vacation rentals, including Endless Vacation RentalsSM , Landal Greenparks®, Novasol®, and more than 30 other vacation rental brands, through which vacationers can rent a wide variety of property types, from city apartments to country cottages to unique villas; and NorthCourseSM Leisure Real Estate Solutions, an international leader in providing a full spectrum of advisory, research, asset management and turnkey solutions and services. Collectively, the company delivers vacation experiences to leisure travelers around the world and provides products and services to business customers that support the growth of the leisure real estate industry. Wyndham Worldwide Corporation is one of the world’s largest hospitality companies with leading brands in lodging franchising, vacation ownership, vacation rentals and vacation exchange. For additional information visit www.grouprci.com or the media center of www.wyndhamworldwide.com.
About Marine Growth Ventures, Inc. (www.MarineGrowthVentures.com):
Marine Growth's mission is to find, develop, and place in service operating businesses related to our oceans; our vision is to build successful businesses while respecting and protecting our most important environmental resource - our oceans. Marine Growth Ventures seeks marine related opportunities in transportation, freight, aggregates, technology, energy, and homeland security.
Marine Growth Ventures, Inc. Safe Harbor Statement Under the Private Securities Litigation Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of MGRW could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, and such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings