ADG Completes Acquistion of Alpine Products IN THE NEWS | AQUATIC DEVELOPMENT GROUP | April 18, 2011

Cohoes, NY – Aquatic Development Group, Inc. (ADG) a world leader in the design and manufacture of engineered recreation and amusement systems, announced today that it has completed its asset purchase of Alpine Products.  The only U.S. manufacturer of mountain coasters and the redesigned Superslide™, Alpine Products has earned a reputation as a leader in product safety and innovation.

“Ski resorts and mountain attractions the world over are looking to expand and diversify their revenue strategies.” said Ken Ellis, president and CEO of ADG.  “With Alpine Products we can offer a wider range of revenue-producing solutions from mountain coasters to FlowRiders®, to entire waterparks.”  Ellis is also affiliated with the ski industry through his ownership interest in Camelback Mountain Resort in Tannersville, PA.

Mountain coasters have become an increasingly attractive investment for ski resorts and mountain attractions.  Low-risk, easy to install and inexpensive to operate, these rides provide a clear path to return on investment in as few as 24 months.  Operational all year long, they are ideal attractions for non-skiers and are fun and exciting for the entire family.

Attitash Mountain in NH opened an Alpine Products’ Mountain Coaster in 2010.  Owner Tim Boyd commented, “The Alpine Mountain Coaster is certainly a great ride.”  He added, “The acquisition by ADG is a positive development for the future success of this product.”

Alpine has signed two agreements for mountain coasters in recent weeks.  Camelback Mountain Resort of Tannersville, PA and West Mountain Resort of Queensbury, NY both plan installations in the 2011-2012 season.

Aquatic Development Group