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Press release from Azimut - 2008-10-02

MarineMax and Azimut Yachts Expand Their Relationship

October 1, 2008 – MarineMax, Inc. (NYSE:HZO), the world’s largest recreational boat for boat retailer, and Azimut Yatchs, the leading manufacturer of luxury yatchs announced today they expanded their relationship, adding Florida to MarineMax’s territory for distribution of the brand. Prior to this expansion, MarineMax offered Azimut Yachts in its markets from Baltimore to Boston. After years of great success together, Azimut Yachts chose MarineMax for its distribution in one of the worlds most important boating markets, Florida.

Matthew Barbara, Regional President, Greater New York area for MarineMax, stated, “We have a tremendous relationship and history with Azimut Yachts in the Northeast. Our New York locations have provided Azimut Yachts sales and service for 10 years. Several years ago we successfully expanded with Azimut Yachts into Baltimore, Connecticut and Rhode Island. We are pleased to be able to bring this world class brand to the Florida market.”

William H. McGill, Jr., Chairman, President and Chief Executive officer of MarineMax stated, “We have been successful with Azimut Yachts in the northeast and we believe the potential for MarineMax and Azimut Yachts in Florida is significant. MarineMax now has the exclusive rights as the only boat retailer with the ability to sell and service the world class brand of Azimut Yachts in both the northeast and in Florida. We will now be able to provide the full range of MarineMax services to those northeastern Azimut Yachts owners who have a second home in Florida and frequently boat between the two markets. No other dealer in our industry can offer such an advantage. As our customers migrate to larger products, expanding our relationship with Azimut Yachts further helps to meet their recreational boating needs for a hassle free boating experience.”

Marco Valle, Sales Director of Azimut Yachts stated, “It’s a matter of fact that we have had a great experience in the Northeast United States the last 10 years, yielding one of the most successful Azimut Yachts dealerships worldwide. The idea to duplicate this winning model started a long time ago. Now is the time and one of the most important partnership expansions has occurred with MarineMax expanding into Florida.”

Federico Martini, CEO of Azimut Yachts stated, “We are very happy and satisfied with this the Florida expansion by MarineMax and we are confident that this agreement will help to strengthen the Southeast United States market. Thanks to MarineMax we will be able to reach great goals, assuring a high level of service to our customers, which is already supported by our Azimut Service USA operations based in Fort Lauderdale.”


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