PRESS RELEASE

JAMES NEIL RODGERS BECOMES CHIEF LEGAL OFFICER AT PLATINUM SUPERYACHTS

Fort Lauderdale, Florida September 9, 2003. Platinum SuperYachts, Inc. (OTCBB: PSUY) announced today that it has retained James Neil Rodgers as Chief Legal Officer and Corporate Attorney to provide professionally legal services for the firm.

James Neil Rodgers, a senior partner and founder of Rodgers & Co., Barristers & Solicitors, located in Vancouver, BC., is a member in good standing of the Law Society of British Columbia since 1979. He will be responsible for all legal matters that pertain to Platinum Super Yacht’s contracts, acquisitions, offering memorandums, as well as the company's S.E.C. filings and compliance.

“I wish to express my appreciation to the Board of Directors of Platinum SuperYachts for choosing to imbue me with the professional responsibility of guiding this energetic corporation to the top of its field." said Rodgers. "It is a pleasure to work with energetic, creative and aggressive men who know where they are going, have the right reasons for going there, yet are able to absorb guidance with a positive spirit," he added.

Ron Ruskowsky, Platinum’s President and Chief Executive Officer stated, “The appointment of Mr. James Rodgers as Chief Legal Officer will be a valuable asset to our team. His extensive background in securities and corporate law has allowed his former employers to achieve and maintain extremely high standards in their industry. We are pleased and excited to have Mr. Rodgers aboard."

Career Highlights

Visa Cash/Mondex - Working with Vice-President and Corporate Counsel and Secretary to Visa International, in perfecting the Net1 patents and assisting to bring the Visa Cash product to market during January - July, 1997. This product is also the genesis of the Mastercard Mondex smart card payment system.

Microsoft Negotiations - Negotiating with Head of Partner Training for Microsoft, Redmond, WA, U.S.A. and potential agreement structure to utilize the Mentor On Call, Inc., E-Learning Software Engine during October - November, 2000.

Personally assisted Chairman of the Board of Drake International, in vetting new technologies and in restructuring numerous development companies within the Drake International organization including Sylvan Learning Systems.

Working with Entrepreneur of the Year in B.C. The sole owner of United Furniture Warehouse, which expanded from six outlets to 125 in four years.

Defending Net1 patent pending applications in Munich, Germany for EEC filing during 1998 and followed the same to patent status in Europe and U.S.A.

About Platinum SuperYachts, Inc.

The principle objective of Platinum SuperYachts, Inc. is to create a Global Yacht Company, in a market estimated to exceed $25 Billion per year in the U.S. alone. Platinum intends to enter market segments that include Design, Construction, Marketing, Management, Service and Chartering. The business strategy will focus initially on targeted acquisitions of Yacht Builders in North America and Europe and after the stabilization of these operations, expand the Company to incorporate a Service/Warranty Facility in Fort Lauderdale, which is the center of the yachting industry. The Company’s aggressive consolidation strategy will truly provide a Full-Service approach for clients, which will include all aspects of Yacht Ownership.

Statements included in this press release that are not historical in nature are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The Company cautions readers that forward-looking statements are subject to certain risks and uncertainties, which could cause actual results to differ materially and which are identified from time to time in the Company's reports filed with the U.S. Securities and Exchange Commission. Platinum SuperYachts, Inc. claims the protection of the Safe Harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

For more information, visit PSUY's web site at www.platinumsuperyachts.com . Information included on the Company's website is not incorporated herein by reference or otherwise.

Shareholder and Public Relations
Contact: Henry Harrison
Harrison, Elliott & Brown, L.L.C.
407-862-5151

 
 

Copyright © 2003 Platinum Super Yachts, Inc. All rights reserved.