Florida East Coast Realty, Inc. and Waveman, Inc. Sign Corporate Naming Rights Sponsorship Rep Agreement

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World Class Marina on Biscayne Bay, Miami and host site for the International Boat Show and Strictly Sail, which attracts over 240,000 visitors annually.

Florida East Coast Realty Inc., South Florida's premier firm responsible for developing 50 million square feet of commercial and residential property over a period of 50 years, is pleased to announce that it has chosen a firm to handle the acquisition of a corporate naming rights sponsor for their Sea Isle Marina property located on 1635 North Bay Shore Drive, Miami. Waveman, Inc., a boating media and promotions company, headquartered in New York has been awarded the exclusive contract.

"Florida East Coast Realty, Inc. is very pleased to be associated with Waveman, Inc." said Judy Cable, Director of Leasing. Throughout our long and prosperous history, Florida East Coast has been very selective, forming strategic alliances only with firms that meet strict requirements. In this case, we have sought a firm with extensive knowledge of the key players in the boating and aquatic industries. They have a proven track record in this unique category of marketing and promotions. "This opportunity to solicit a corporate naming sponsor fits in nicely with our overall mission to be the leading boating media and promotions company", said Ken Smallwood, President of Waveman, Inc. "This is a great branding opportunity for a Multi-National Company looking to put their mark on Miami. The Marina offers an excellent venue to reach affluent clientele where they cruise shop, live and play. This opportunity does not come along every day. We have already received numerous inquires from corporations and interest is strong", according to Mr. Smallwood.

The marina is strategically situated in the epicenter of Miami's Arts & Entertainment District, blocks from the new performing Arts Center, and just north of Miami's downtown. The spectacular combination of residential, hotels, intercoastal boaters, and the heavy influx of traffic on the Venetian and McArthur causeways, allows a minimum of 1,650,000 people annually an unobstructed view of the property signage. The corporate sponsor will enjoy the full range of promotional exposure, including primary signage which fronts Biscayne Bay, and all associated rights and opportunities that accompany this sponsorship package.

Formerly know as Sealine Marina; this world-class resort destination marina has 180 deepwater slips and offers both short term and long term dockage for yachts up to 170'. Yachtsmen will enjoy a host of on premises services that include provisions for food, fuel, gas and diesel, electric, and more. Positioned just a quarter mile north of Government Cut, Sea Isle Marina provides an excellent jumping-of point for the Bahamas and the Caribbean. In addition to providing the full-range of amenities to satisfy the needs of today's yachtsman, the marina serves as the host of the Miami International Boat Show each year. This event, with 2.5 million square feet of exhibit space, brings together more than 2,300 of the world's leading marine manufacturers. Over the years more than 1 million visitors have come to the show making it one of Miami's key attractions.

Corporate sponsors who are interested in learning more about naming rights for this facility can contact Waveman, Inc. at (914) 472-1146 or write ksmallwood@wavemaninc.com.

About Waveman, Inc.

Waveman, Inc. is an out-of-home media and promotions company which creates, markets, and sells targeted media channels and promotions including its Water-Taxi and Boat-Boards signage in the N.E and Florida targeting boating and resort enthusiasts. For more information call Ken Smallwood, President, (914) 472-1146, write ksmallwood@wavemaninc.com or go to http://www.wavemaninc.com.

About Florida East Coast Realty, Inc

Florida East Coast Realty is a Southeastern Florida firm that has developed over 50 million square feet of commercial and residential property. Founded in 1945, Florida East Coast Realty Inc. continues to forge new avenues of success. Its latest projects include the soon-to-be-completed Opera Tower, and Villa Magna, a brand new ultra-luxurious twin 54-story building complex that fronts Biscayne Bay in the heart of Brickell. Residents living in either development have privileges at the Sea Isle Marina. For more information call (305) 358-7710, ext. 132 or go to http://www.fecr.com.

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