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MarineMax Launches New Product Offering -- Adds Meridian Yachts.


Business Editors

CLEARWATER, Fla.--(BUSINESS WIRE)--Jan. 27, 2003

MarineMax, Inc. (NYSE NYSE

See: New York Stock Exchange
: HZO HZO Herpes Zoster Ophthalmicus ), the nation's largest recreational boat retailer, announced today that it is leveraging its existing infrastructure and expanding its product line to include Meridian Yachts.

Meridian Yachts joins the ranks of MarineMax's other leading brands, including Sea Ray, Hatteras and Boston Whaler.

The Meridian Yachts product line includes seven models ranging from 35 to 58 feet. Meridian, a new yacht manufactured by Brunswick Corporation (NYSE: BC), is designed to target the large pilothouse pi·lot·house  
n. Nautical
An enclosed area, usually on the bridge of a vessel, from which the vessel is controlled when under way. Also called wheelhouse.

Noun 1.
, fly-bridge and aft cabin market. MarineMax will carry the Meridian line in all markets east of the Rockies.

Mr. William H. McGill, Jr., Chairman, Chief Executive Officer and President of MarineMax, stated, "We are excited about adding the Meridian Yachts product line. The MarineMax Team was involved in the design of Meridian as we sought a brand to enhance our existing product portfolio. Meridian will drive same-store sales growth, leverage our current infrastructure and yield future incremental profitability without cannibalizing our existing brands. Our Team is excited about the quality and performance of Meridian and believes the consumer will be equally impressed."

Headquartered in Clearwater, Florida, MarineMax primarily sells premium quality recreational boats, such as Sea Ray, Hatteras and Boston Whaler, through 60 retail locations serving Arizona, California, Delaware, Florida, Georgia, Minnesota, Nevada, New Jersey, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
, Ohio, Pennsylvania, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures


Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15.
, Texas and Utah and offers yacht brokerage services through MarineMax Motor Yachts, its wholly owned Yachts and Brokerage subsidiary. MarineMax is a New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Stock Exchange-listed company.

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks include the ability to accomplish goals and strategies, the success of the acquisition program, synergies expected from acquisition and new products, anticipated service revenue enhancements, general economic conditions and the level of consumer spending, the Company's ability to complete and integrate acquisitions into existing operations and numerous other factors identified in the Company's Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 and other filings with the Securities Exchange Commission.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 27, 2003
Words:361
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