Ferretti Group thrives at the 2010 Miami International Yacht & Brokerage Show

Miami, FL. February 11, 2010- TheFerretti Group, one of the world leaders in the design, building and marketing of luxury motor-yachts that is comprised of nine of the most exclusive and prestigious brands in the nautical industry (Ferretti Yachts, Pershing, Itama, Bertram, Riva, Apreamare, Mochi Craft, CRN and Custom Line),will be present at the upcoming Miami Yacht & Brokerage Show with as many as the 24 new yachts in an extraordinary yacht display.

Of the exciting models on hand are four distinct debuts for the U.S. market including a new Riva Sportriva 56’, an impressive Ferretti Altura 840, Ferretti 881 RPH and Ferretti 592 as well as other noteworthy new models such as the first luxury hybrid yacht, the Mochi Craft Long Range, the Bertram 511 and the Ferretti 631, which has been redesigned to accommodate market trends. This comprehensive display will surely meet the evolving demand of Allied Marine’s dedicated customers and encompasses some of the most technologically advanced vessels out on the market.

Fresh off the success of the Ft. Lauderdale International Boat Show, Allied Marine has maintained a consistent success with boat buyers over the past year, successfully drawing clientele from all over the U.S. It has been over a year since the Ferretti Group acquired Allied Marine and the company has quickly advanced to become one of the leading sales distributors for luxury products in the North American market.

Allied Marine has made swift changes and improvements to its organization as well as to its Grand Showroom sales facility to make it more reflective of the quality of the Ferretti Group brands that it houses. The sales team is now comprised of over 40 qualified seasoned sales executives, each of whom have direct access to an extensive portfolio of luxury vessels as well as a wealth of knowledge and services in the luxury yachting community for each of the Ferretti Group brands. This direct link to its parent company, the Ferretti Group, has allowed for Allied Marine to increase its new yacht and brokerage sales while maintaining a keen competitive advantage over competing dealers in the boating industry.

With offices located in Stuart, Ft. Lauderdale, Miami, Naples and Sag Harbor as well as broker representation in Jacksonville, Sarasota, Ft. Myers, North Carolina and the Northeast and Great Lakes, Allied continues to expand its presence in the North American market. It will continue to cater to its customers through various activities for their continued commitment and support with a few exciting upcoming events and initiatives beginning in spring 2010.

This spring, Allied will host its customers in South Florida for an event-filled Spring Rendezvous at the prestigious Ocean Reef Club located in Key Largo, Florida. For years, Allied Marine owners have gathered at the luxurious marina for family fun activities including fishing tournaments, beach side barbeques and a plethora of boating activities. This year, the company will keep the tradition alive for its Southern guests, but will also embark on a multi-stop owner’s rendezvous in the Northeast this summer. Beginning from the office in Sag Harbor, New York, Allied Marine’s fleet will cruise up the eastern seaboard for a range of activities at some of the most sought after destinations in the Northeast. The fleet will work its way up inviting its customers along the way and end at the Newport Boat Show at the end of September, making it a summer that Ferretti Group customers will surely treasure. These are just some of the activities that Allied will undergo in the coming months.

Allied Marine is also dedicated to continue improving upon its customer service and therefore implemented a 24-hour mobile service team that directs all service-related issues to Ferretti Group customers anywhere, anytime. In addition to the effective responsiveness of the new mobile service team, Allied has recently opened a large warehouse in Ft. Lauderdale, Florida which will store a comprehensive selection of common spare parts for all of the Ferretti Group brands yachts. This will assist in expediting the process of identifying key parts for all repairs needed.

With its drive to continue serving the luxury yachting market, the Ferretti Group continues to support Allied Marine to become the leading sales and marketing organization for its valuable brand portfolio.