For Immediate Release, 3/1/2007

Element Yachts confirms first order in Europe! 

Element Yachts continues to advance the sales of it's flagship yacht, the Element 270 EXC with a purchase order from a customer in Europe.  This represents the first sale of the Element 270 EXC outside of North America and is major step for the company.

President James Countouris said, "this is a great win for all of us at Element as it confirms that we've always known, that the Element 270 EXC can compete on the global stage.  Our strong showing at the Toronto International Boat Show and the quality of our product is what led to this sale.  We were not the only product under consideration nor were we the cheapest, but our product quality and features really stood out from the crowd and made a difference in securing this order."

Element Yachts continues to expand it's sales in North America with a mix of factory direct as well as sales through it's growing dealer network. For more information on the Element 270 EXC, please contact Element Yachts at info@elementyachts.com

About Element Yachts

Element Yachts is privately held Canadian company headquartered in Erin, Ontario.  Element Yachts and sister companies Element Composites and Element Power Center focus on composite fabrication and the recreational boat market.