American Leisure Holdings Names L. William Chiles Chief Executive Officer, Malcolm J. Wright President & Chief Operating Officer; James Leaderer Moves to Board of Directors.

Business Editors

American Leisure Holdings (OTCBB: FWPC) ("ALH") has appointed travel industry veteran L. William Chiles as Chief Executive Officer and entrepreneur Malcolm J. Wright as President and Chief Operating Officer.

James Leaderer, who served as acting CEO of FreeWillPC.com prior to the merger, will join the new Board of Directors.

L. William Chiles is considered one of the travel industry's most successful and innovative executives. He has served as both President and CEO of Hickory Travel Systems since 1989. Additionally, Mr. Chiles is Chairman of the supervisory board of directors for both First Travel Management and GlobalStar. He also serves on the Advisory Boards for both Airline Reporting Corp. and the American Society of Travel Agents (ASTA).

For a number of years, Malcolm J. Wright envisioned and worked towards creating the ALH business model by becoming its driving force, bringing together most of the companies that have been rolled up to create American Leisure Holdings, Inc. Mr. Wright is a former partner at Kingston Smith, a prominent London-based audit/accounting firm where he served for eleven years from 1977-1988. Later, he was both Chairman and Managing Director of a London Stock Exchange property company, Zurich Group, from 1985-1989.

Mr. Chiles commented on his appointment by saying, "The appointment as CEO of our newly merged companies is a wonderful milestone to my lengthy history as a travel veteran. I enthusiastically bring my many years of experience to American Leisure Holdings and look forward to announcing many exciting developments that we have planned."

"American Leisure Holdings represents the culmination of a vision I have had for years," said Mr. Wright. "Our plan is to build on a marriage between the cash-flow rich travel service businesses and asset rich leisure properties--creating a foremost travel distributor for the leisure and corporate travel markets."

About American Leisure Holdings, Inc.

American Leisure Holdings, Inc. (OTCBB: FWPC.OB) is a marriage between cash-flow rich travel service businesses and asset rich leisure property businesses. ALH's strategy is to own and manage vacation hotel/resort properties located throughout popular vacation destinations in the U.S. and Caribbean, operate vacation club and travel club programs targeted to corporate and leisure travelers, and sell travel services and vacation ownership to its club member databases. Born from the opportunities in today's travel and leisure industry, ALH's unique business model will allow the Company to maintain its leisure property assets at near full occupancy on a year-round basis.

For more information, visit www.americanleisureholdings.com.

FORWARD LOOKING STATEMENT:

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 2 1E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. Such time, and the company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

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    CONTACT:  The Investor Relations Group Inc., New York
              Investors:
              Tom Caden & Dian Griesel, Ph.D., 212/825-3210
              Media:
              Janet Vasquez, 212/825-3210

    KEYWORD: TEXAS
    INDUSTRY KEYWORD: REAL ESTATE TRAVEL MANAGEMENT CHANGES
BUILDING/CONSTRUCTION ENTERTAINMENT
    SOURCE: American Leisure Holdings