Minneapolis,MN USA, February 8, 2010: Marquis Yachts, LLC announced today that it has renewed and extended its exclusive design and engineering contract for all Marquis yachts with the world-renowned firm of Nuvolari-Lenard Naval Design in Venice, Italy. Robert Van Grunsven, President of Marquis Yachts, LLC stated, "It gives me great pleasure to announce that Marquis has renewed and extended our relationship with the Nuvolari-Lenard design team in a new, multi-year contract. Nuvolari-Lenard will continue to be the exclusive design and engineering team for all Marquis yachts. Nuvolari-Lenard has been with Marquis for more than nine years and is responsible for Marquis' extraordinary success in becoming the world's largest yacht builder of its kind in less than five years." VanGrunsven further stated, "Since the launch of our Marquis Yacht Division in 2004, we have manufactured and delivered more than 500 Marquis yachts throughout the world. Under our new owners we are once again a privately-owned entrepreneurial company with all of the financial and human resources necessary to aggressively continue the expansion of our Marquis family of yachts. I am confident that together, Nuvolari-Lenard and Marquis, will rise to the prestigious position in the global market as the world's premier designers and builders of premium quality yachts 42' and larger."

Carlo Nuvolari, President of Nuvolari-Lenard stated, "We couldn't be more pleased and excited that Marquis Yachts has been purchased by Irwin Jacobs and John Paul DeJoria and that we have finalized a long term agreement with the new company. From the launching of the first Marquis in 2004, it was obvious that between Marquis' management team in Pulaski, Wisconsin and our Nuvolari-Lenard design team in Venice, we had a successful formula to build a new family of yachts that the world has never before seen or experienced. Through its new ownership, Marquis' future is strong and will now be able to accelerate its growth and expansion being even greater in the future than any time in its past. We are currently developing several new innovations and designs for Marquis that will clearly demonstrate the strength in the Nuvolari-Lenard / Marquis Yachts relationship. Everyone at Nuvolari - Lenard is proud and excited to be on the Marquis team."

Irwin Jacobs, Chairman of J & D Acquisitions, LLC (J&D), stated, "John Paul DeJoria and I are extremely pleased and excited that we were able to purchase Marquis and Carver Yacht companies and have Nuvolari-Lenard continue as the design and engineering firm for the company. We know that with the Nuvolari-Lenard design team on board along with Marquis' great management team, as well as the financial resources we have made and will continue to make available to Marquis, we believe Marquis has everything in place to be the leader in building the finest quality and most innovative and beautifully designed yachts in the world."

About Marquis Yachts, LLC - Marquis Yachts, LLC is a premier builder of world class yachts marketed under the Carver Yachts and Marquis Yachts brands. Founded in 1954, the company builds its products within a vertically integrated, state-of-the-art yacht building facility that is regarded as the most efficient and comprehensive within the industry. With sales offices in Pulaski, WI and Monte Carlo, the company's products are sold and serviced through a worldwide network of certified yacht dealers. For more information visit: www.marquisyachts.com and www.carveryachts.com