PRESS RELEASE

FOR IMMEDIATE RELEASE

PLATINUM SUPERYACHTS INC. LISTED IN
STANDARD & POOR’S CORPORATION RECORDS

Ft. Lauderdale, FL, September 3, 2003 -- Platinum SuperYachts Inc. (OTC:PSUY) announced today that the Editorial Board of Standard and Poor’s (“S&P”) has approved Platinum SuperYachts Inc. for a complete corporate listing and description in Standard and Poor’s Corporation Records. Additionally, Platinum SuperYachts Inc. will have its corporate description published in Standard and Poor’s Daily News Section. S&P also will initiate financial coverage of Platinum SuperYachts Inc. as part of the S&P Market Access Program, including coverage of Platinum SuperYachts Inc. on S&P’s Internet website, www.advisorinsight.com as well as S&P Marketscope and the electronic version of S&P Stock Guide database. Additionally, the S&P coverage will appear on the highly trafficked OTC Bulletin Board web site www.otcbb.com.

Standard Corporation Records is a recognized securities manual for the “Blue Sky” Standard Manual Exemption for secondary trading in more than 35 states. Platinum SuperYachts listing in Standard Corporation Records should assist the brokerage and investment communities in making a market for Platinum SuperYachts stock. It is recommended that brokers check with their compliance officers or legal counsel for applicable “Blue Sky” laws and regulations pertaining to them.
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.