Coming soon: North America's longest skiable vertical

NEWS RELEASE

REVELSTOKE MOUNTAIN RESORT

************************* North America's longest skiable vertical is coming $22-million gondola and high-speed quad chairlift contract with Leitner Poma Canada Inc. and acquisition of Selkirk Tangiers Heli Skiing will make the $1-billion Revelstoke Mountain Resort a one-stop heli, cat and lift ski destination Revelstoke, BC, January 16 - Today hundreds gathered for a community celebration in the town square of Revelstoke for a major public announcement from Revelstoke Mountain Resort.

The resort developers, Simpson Property Group Canada, announced a $22-million gondola and high-speed quad chairlift contract with Leitner Poma Canada Inc. that will make Revelstoke Mountain Resort North America's longest skiable vertical at 1,829 m (6,000 ft). The resort also announced the signing of a purchase agreement contract for a spring takeover of renowned local helicopter skiing operation, Selkirk Tangiers.

The signing of these contracts, in combination with the esort's acquisition of CAT Powder Skiing, will make Revelstoke Mountain Resort a one-stop destination for helicopter, snowcat and lift skiers from around the world. "Revelstoke has been my favorite place to ski for years," said Don Simpson, chairman of Simpson Property Group Canada. "This is the epicenter of world class helicopter and snowcat skiing, and now, with the signing of this contract with Poma and the upcoming contract with Selkirk Tangiers, Revelstoke Mountain Resort will be a world-class, one-of-a-kind ski resort.

"You will literally be able to get up in the morning and have the world's greatest adventure playground at your doorstep, with helicopter, snowcat, and lift skiing all accessible from the village."

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