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Contact: Grif Amies
Hunter Robbins
Amies Communications
(949) 863-1910 exts. 16 and 11
wmi@primnet.com
Lynn Bowser/Steve Lee
Westerly Marine Inc.
(949) 642-0146

AMERICAONE SELECTS WESTERLY MARINE AS BUILDER FOR TWO NEW INTERNATIONAL AMERICA’S CUP RACING BOATS

Westerly Marine Inc. Will Be The First U.S. Builder
On The West Coast To Build An IACC Boat

COSTA MESA, CALIF. -- NOVEMBER 10, 1998 -- Westerly Marine Inc., a premier builder of high quality advanced composite yachts, will construct two International America’s Cup Class (IACC) boats for AmericaOne, the San Francisco-based challenger for America’s Cup XXX. "As builder of the new International America’s Cup Class boats, our state of the art construction technology allows us to play a fundamental role in the development and implementation of AmericaOne’s aggressive two-boat program," said Lynn Bowser, Westerly Marine principal.

Westerly Marine, Inc. is one of only a handful of boat-builders worldwide having the experience and capability to build complete, pre-preg, oven-curved boats. Its upgraded facility incorporates a temperature and humidity controlled workshop, a secure sealed inner-room, and launching facilities nearby providing easy access for testing and sea trials.

"We are pleased to have one of the finest composite boat building companies on our team," said Bruce Nelson, manager of technology and design, AmericaOne.

Westerly Marine’s vast experience in composite yacht building enables them to offer invaluable services to teams like AmericaOne. Over the years, Westerly has produced countless winning yachts and was closely involved during the 1995 "Cup" in San Diego.

"Westerly Marine’s America’s Cup experience, reputation for performance and quality along with their central location in proximity to our training operations were major factors in selecting a builder," said Bob Billingham, AmericaOne COO. "Our design team has some advanced concepts that many boat yards would have been reluctant to embrace. One of our goals was to keep our entire operation in California and I am very happy we now have these operations in place."

AmericaOne has appointed veteran boat-builder Ted Brown as construction manager to work directly with Westerly Marine. Ted brings with him over 18 years of experience in yacht building and project management. Construction on the first boat, of AmericaOne’s two-boat program, will begin in early December 1998. Construction on the second boat is slated to begin in March 1999 and is expected to be completed mid-1999, allowing the sailing team plenty of time to prepare for the race. Both new boats will be tested in Long Beach, California.

Founded in 1970, by business partners Lynn Bowser and Steve Lee, Westerly Marine is a custom builder of high performance, composite, racing and cruising yachts. Located in Costa Mesa, California, Westerly has over 28 years experience in new boat development and construction. For more information on Westerly Marine, e-mail us at Westerly Marine and wmi@primnet.com.

About the Challenge

AmericaOne is dedicated to recapturing the America’s Cup by applying U.S. technology in computer equipment, aerodynamics, hydrodynamics, sail design, naval architecture and structural engineering to America’s Cup sailboat design. Technology partners include Hewlett-Packard, Bellcore/SAIC and Ford Motor Company/Visteon Racing. The AmericaOne team is comprised of 43 professionals, including 30 members of the design team actively working on the research and design of its sailboats. Operating since June 1, 1996, AmericaOne is the challenger on behalf of San Francisco’s St. Francis Yacht Club. To learn more about AmericaOne visit: www.ac2000.org

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For additional information on AmericaOne, contact:

Gina von Esmarch
E-mail: gvonesmarch@americaone.org
Phone: 415-474-3425
Fax: 415-474-3571



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