YachtWorld Breaks New Ground With More Than 40,000 Boats for Sale Largest, Broker-only Listing Service Attains Industry First

SEATTLE, WA, November 14, 2000 - YachtWorld (http://www.yachtworld.com), a division of boats.com, today announced a significant industry milestone in reaching more than 40,000 boats offered for sale by 1,273 YachtWorld broker-members. As the largest broker-only boat listing site, YachtWorld.com currently showcases more than $11 billion dollars of inventory, including international listings from its recently-launched YachtWorld Europe site.

"Over the past year, our listing numbers and inventory value have grown by more than 60 percent," said Neil McCurdy, vice president and general manager of YachtWorld. "By providing a site that is limited to and specifically designed for our broker members, YachtWorld is providing a critical service to the marine industry - we look forward to our continued partnership and mutual success."

With a six-year history, YachtWorld has been steadily developing into the premier private Web site management system and multiple listing service for yacht brokers and boat dealers. Proprietary tools, such as the BoatWizardTM software, allow YachtWorld broker-members, to input their listings, edit and manage their own personal web sites, communicate and share vessel listings in a private online marketplace, as well as obtain customer leads, monitor their site traffic, and update listings.

"YachtWorld provides that unique combination of valid listings and quality leads that is essential to my brokerage's success," said Lyndon Lattie, Third Coast Yachts. "There are a variety of online options to choose from, but YachtWorld has become an indispensable component of my brokerage -- I could not imagine doing business without it."

From a 10-foot jet boat to a 400-foot mega yacht, consumers can research a broad array of inventory, find the perfect boat and have immediate access to the listing broker and boat status. Visitors currently view over 13 million pages of information each month.

As the international scope of the business has increased, YachtWorld has grown with its member-base that now includes brokers and listings from more than 80 countries around the world. With an office in Southampton, England, YachtWorld is already an international entity and has added more than 5000 listings from more than 120 newly signed European brokers.

About YachtWorld

Since 1994, YachtWorld has been the premier channel for yacht brokers to list and sell boats over the Internet. Through member feedback, continuing evolution and by handling only brokerage-listed boats, YachtWorld makes it easy for brokers to list boats, modify listings, trace quality leads and measure consumer traffic and interest. As a division of boats.com, YachtWorld continues to find innovative ways to increase traffic and deliver consumers to its broker-members. With more than 40,000 yachts for sale from 82 countries, YachtWorld is an integral part of the global brokerage community.