The Lexington, Ky.-based investment group that acquired Sumerset Houseboats in Somerset, Ky., in 2003, has formed a new houseboat company American Waterways.

Tom Wylie, V. P for American Waterways stated, Our market research shows a strong opportunity for a quality, NMMA Certified, mid-entry level houseboat. Bolster that with increased consumer awareness of the benefits of houseboating and continued growth and development by the marina industry, and you've got a winning concept.

American Waterways houseboats will be produced in Monticello, Ky., the self-titled Houseboat Capital of the World. The houseboats will appeal to entry-level and mid-level boaters; those with and without houseboat experience.

The American Waterways value proposition streamlines the houseboat purchase process, while maintaining quality, safety and value, said Cary Wade, American Waterways Plant Manager. Many buyers need reassurance that buying a houseboat is not going be an overwhelming process. The experience of our manufacturing crew, coupled with the quality and value commitment American Waterways brings to the table, provide the consumer with that assurance.

American Waterways houseboats anticipates employing up to 90+ individuals and participating in the NMMA's Certification program and the NMMA's Customer Satisfaction Index (CSI) program.

Tom Wylie, V. P for American Waterways added, American Waterways represents the ideal opportunity for families and individuals interested in houseboating to start enjoying the benefits of that lifestyle.

For more information, visit www.American-Waterways.com.

- AMW-


Nancy Rimas, VP Marketing/CRM
American Waterways Houseboats
PH: 1-888-786-3773
Email: nrimas@sumerset.com