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AmericaOne Report 11/17/99
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November 17, 1999 -- Auckland, New Zealand -

For Immediate Release

Designers Afforded More Time To Develop & Design Last New Boat

AUCKLAND, NEW ZEALAND - November 17, 1999 - AmericaOne, St. Francis Yacht Club's challenger for America's Cup 2000, christened and launched its second International America's Cup Class (IACC) boat, USA 61, today. AmericaOne's second boat is the beneficiary of six additional months of research and design. The event was attended by 120+ guests composed of sponsors, private donors and media, as well as Louis Vuitton and America's Cup Association VIPs.

Jan Finch, wife of Larry Finch, AmericaOne Founders' Club Chairman and Board Member speaks on behalf of the team during this morning's christening ceremony.

"Now we have both barrels of our gun loaded." Affirmed AmericaOne Skipper Paul Cayard as he set the tone for the ceremony when he spoke of adding USA 61 to the team's arsenal. Cayard explained his feelings on the strong support the team has received from both corporate and private entities. Two of out of the three couples, who have provided significant support to the team over the last three years, were present at the christening when Cayard explained, "I thought it would be appropriate to have the ladies play a leading role in today's ceremony. They have really stood out as leaders within the AmericaOne family."

"It is a great honor to be here today speaking on behalf of a team that is very near and dear to my heart," Jan Finch, wife of Larry Finch, AmericaOne Founders' Club Chairman and Board Member, happily remarked. "This team is comprised of the finest group of people - dedicated and determined to win. This morning we welcome our newest addition to the family, USA 61, our high-test baby!"

USA 61 is the second of two boats to be built by Westerly Marine Inc. of Costa Mesa, California. It was designed by two-time Cup winner and AmericaOne principal designer, Bruce Nelson and his 45-member design team including representatives from Ford, Hewlett-Packard, SAIC and United Technologies. The design team completed USA 61 with Nelson providing coordination from AmericaOne's headquarters in Auckland.

Lucy Jewett christens USA 61 with Paul Cayard by her side

Although the mid-hull and appendages were cloaked from view, the famous AmericaOne green shards were evident on the visible bow section. Moments later, Möet flowed over the bow as it was christened by nine-time America's Cup veteran .

USA 61 was officially launched prior to the team's 9:00 AM dockstart. Earlier in the morning, as guests arrived, AmericaOne hosted a continental breakfast as final preparations were made for the ceremony. Immediately following the morning's events, onlookers wished the AmericaOne Team well as they headed out, aboard USA 49, to the racecourse to compete in Race 9 of the Louis Vuitton Cup. Guest speakers included: AmericaOne Chief Operating Officer, Bob Billingham; St. Francis Yacht Club Commodore, Monroe Wingate; AmericaOne Skipper, Paul Cayard and Founders' Club leader Jan Finch.




About AmericaOne
AmericaOne is one of the leading challengers for America's Cup 2000. The team is currently competing in Auckland, New Zealand for the Louis Vuitton Cup and the right to challenge New Zealand for the America's Cup in February 2000. AmericaOne has built two boats based on four years of technology development and innovation. The top level technology partners are Hewlett-Packard Company, Telcordia Technologies/SAIC, Ford Motor Company/Visteon and United Technologies Corp. AmericaOne represents San Francisco's St. Francis Yacht Club.

For further information on AmericaOne, please contact: Gina von Esmarch E-mail: gvonesmarch@americaone.org / Phone: + 64 9 359 9246/Fax: + 64 9 359 9262 # # #


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