Management and consulting services FOR THE MARINA INDUSTRY SINCE 1988

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1 Management and consulting services FOR THE MARINA INDUSTRY SINCE 1988

2 We provide marina owners with increased cash flow and return on investment and we ensure that new marinas are built to perform operationally as well as financially into the future.

3 A team fully dedicated to improving the performance, operations and results of marinas worldwide. COMPANY PROFILE MMS HAS A WEALTH OF EXPERIENCE WITH FACILITIES THAT RANGE FROM SMALL MARINAS ON FRESH WATER LAKES, STATE- OF-THE-ART DRY-STACK STORAGE FACILITIES, TO LUXURY MEGA YACHT MARINAS IN OFF- SHORE DESTINATIONS. WE UNDERSTAND THAT NO TWO MARINAS ARE ALIKE AND WE APPROACH EACH PROJECT WITH A SITE-SPECIFIC PERSPECTIVE. Marina Management Services Inc. (MMS) is an international management and consulting firm. Located in Boca Raton, Florida, we are focused on creating professionalism and accountability in the marina industry through our management contracts, consulting assignments, and industry involvement. We have earned a well-deserved reputation by servicing national and international clients since Our goal is to improve marina performance and facilitate growth across all levels of the marine industry. We do this by improving and documenting an existing marina s performance and by assisting in the proper development of new marinas. By improving existing marinas, we foster education about the importance of water access while providing owners with increased cash flow and return on investment. By assisting in the planning of new facilities, we ensure that marinas are built to perform operationally and financially for future use, avoiding short-term obsolescence. MMS combines accumulated experience and creativity to solve existing problems and create new opportunities across all sectors of the marina industry. Times are changing and most marina owners need re-evaluation of their marina s operations or require urgent solutions to unexpected problems. We respond to the needs of our clients promptly with sound advice, strategic plans and complete access to information for an ever-changing industry. MMS has a wealth of experience with facilities that range from small marinas on fresh water lakes, state-of-the-art dry-stack storage facilities, to luxury mega yacht marinas in off-shore destinations. We understand that no two marinas are alike and we approach each project with a site-specific perspective. We look forward to helping you improve your marina s bottom line. Dennis P. Kissman President

4 PROJECTS WORLDWIDE PROJECT LOCATIONS OUR REACH HAS ALLOWED US TO SUPPORT AND IMPROVE THE PERFORMANCE OF MARINAS WORLDWIDE. PLEASE CHECK OUR PROJECT LISTS FOR DETAILS ON MARINA LOCATIONS. PROJECT LOCATIONS UNITED STATES Alabama Arizona California District of Columbia Florida Georgia Illinois Indiana Iowa Maryland Massachusetts Minnesota New Hampshire New Jersey New York North Carolina Ohio South Carolina Tennessee Texas Virginia Washington Wisconsin PROJECT LOCATIONS INTERNATIONAL Bahamas Barbados British Virgin Islands Canada Canary Islands Cyprus Dominica Dominican Republic England France Greece Holland Ireland Jamaica Mexico Netherlands Antilles Northern Marianas Panama Puerto Rico Qatar Spain Trinidad Turks and Caicos Islands U.S. Virgin Islands

5 No two marinas are alike. Our group of skilled professionals will customize and tailor a management program to fit the needs of your marina. Specializing in under performing and difficult management situations Marina Management Services has been operating marinas since MMS is comprised of a small group of highly skilled professionals with varied disciplines from both inside and outside the marina industry, whose backgrounds enable them to focus on managing the various aspects of any marina orientated business. MMS recognizes that no two marinas are alike and that the needs of each marina are unique. We work closely with our clients to customize program objectives that fit their needs. Depending upon each particular situation a program strategy may require an immediate short-term solution to alleviate a crisis with additional follow up leading to a long-term solution. There are two basic types of management programs MMS offers its clients. The first is a management oversight program and the second is a full management contract. The Oversight Management Program provides an independent perspective on the marina and assures owners and lenders that their interests are being protected and improved. We provide the owner with ongoing physical, financial, and marketing recommendations, and continually strive to improve the value of the property. We achieve these objectives through monthly visits to the property and consultations with the owner and staff to review the implementation of prior recommendations. We provide advice on maintenance and capital expenditure issues to ensure that the property will sustain and improve its income potential. By creating specific financial benchmarks for the property our progress is measured as well as the properties progress. With MMS s Full Management Service we take control of the marina s day-to-day operations while providing the same consultation as the Oversight Program. This service is geared toward absentee ownership and owners not familiar with the intricacies of the marina asset class. With the full management program, we are able to offer our clients customized management systems and financial controls with flexible reporting formats to allow the client to design a reporting package that fits their needs. MANAGEMENT EXPERIENCE FROM THE WEST COAST TO THE EAST COAST OF THE UNITED STATES, THROUGH THE ISLANDS OF THE BAHAMAS AND THE CARIBBEAN AND ALL THE WAY TO THE MEDITERRANEAN AND THE NORTHERN MARIANAS, WE HAVE THE KNOWLEDGE NECESSARY TO MAKE YOUR MARINA PERFORM AT ITS BEST.

6 CONSULTING EXPERIENCE Marina Management Services provides professional strategies for the daily operations of marinas worldwide. At MMS our business is to improve your business through imparting our knowledge and expertise in the marina industry to achieve your objectives. The MMS team of specialists is capable of taking a marina project from conceptualization or acquisition onto successful operations. MMS has developed a consulting approach called Decision Point Consulting which addresses the peculiarities associated with the marina industry. This approach allows MMS to provide specific information in a timely manner allowing the client to make intelligent business decisions, while keeping consulting costs to a minimum. All MMS consulting assignments are site-specific and tailored to meet a client s specific stated objectives. Titles on consulting reports such as feasibility studies, appraisals, and valuations are generic terms that often include information that is not relevant to the client s desired objective. Marina Management Services works with a client first to understand what is to be included in the end work product before taking on a consulting assignment thus reducing the overall consulting time required to provide the information. It is through our consultation that we can provide professional strategies for the day to day operations as well as create financial accountability for marinas both nationally and internationally. MMS OFFERS THE FOLLOWING TRADITIONAL CONSULTING SERVICES: Site Assessments Operational Assessments Market Feasibility Studies Economic Feasibility Studies Marina Valuations Acquisition & Disposition Consultation Marketing Assessments and Planning Expert Witness Testimony OUR CONSULTING SERVICES ARE CUSTOMIZED BASED ON THE SPECIFIC NEEDS OF EACH CLIENT, ENSURING THAT CONSULTING TIME IS EXTREMELY COST-EFFECTIVE AND THAT THE MARINA RECEIVES EXACTLY THE INFORMATION THEY NEED, WHEN THEY NEED IT.

7 Worldwide clients trust Marina Management Services to provide our consulting expertise on the acquisition, design, feasibility, market analysis, operations management and valuation of their marinas.

8 INDUSTRY INVOLVEMENT The success of the marine industry is based on our active participation and promotion of growth and professionalism. At MMS we believe the growth of an industry is dependent on the leaders and those with experience participating actively in promoting growth and professionalism. The principles of MMS promote these values through memberships in industry specific organizations, speaking engagements at industry functions, and writing articles in industry publications. Dennis Kissman writes a column on marina finances and operations for two trade publications; Marina Dockage since 1995 and Inside Self Storage since 1998 and has been quoted numerous times in articles relating to the marina industry both in national and international publications. He has also authored the book Standardized System of Accounts for Marinas and Boatyards published by the International Marina Institute a department within the Association of Marina Industries. MMS is please to provide the following lists of our professional affiliations and speaking engagements.

9 PROFESSIONAL AFFILIATIONS International Council of Marine Industry Associations (ICOMIA) International Marinas Group Representative Association of Marina Industries (AMI) formerly the Marina Operators Association of America (MOAA) Board of Directors Member (MOAA) Chairman of the Marina Financing Committee (MOAA) International Council of Marine Industry Associations (ICOMIA) International Marinas Group (IMG) Public Relations IMC Sub Committee Member Natural Disasters IMC Sub Committee Chairman International Marina Institute (IMI) now part of the AMI Board of Directors Member Instructor for Marina Financing and Appraisal Course Instructor for Advanced Marina Management Course International Navigation Association (PIANC) US Army Corps of Engineers US Representative, Environmental Commission Working Group #17, Guidelines for Marina Design Marine Industries Association of South FL (MIASF) Marinas Committee and Member Services Committee Marine Industries Association of Palm Beach County Marine Industry Association of Florida SPEAKING ENGAGEMENTS International Marina Conferences: Genoa, Italy, Fort Lauderdale & San Diego, USA, Sydney, Australia, Oostende Belgium and Singapore. US Marina Associations Annual Conferences: California Marina Recreation Association, Michigan Marine Industries Association, Tennessee & Kentucky Marina Association, Texas Marine Industries Association National Docks and Marina Conference, University of Wisconsin Sea Grant program Pacific Coast Congress of Port Managers and Harbor Masters International Marina and Boatyard Conference, Atlanta, GA Nautical Tourism Forum, Florianopolis, Brazil AMI Dry Stack Conference, West Palm Beach, FL US Superyacht Assocation, Captain s Briefing, St. Maarten ICOMIA, Revenue Maximisation Ideas: Improving your Bottom Line, Singapore Marina Association of the Caribbean (MAC) (Until 2000) Founding Board Member and Treasurer Broward County Alliance Sites for Industry Expansion Committee US Super Yacht Association

10 BIOGRAPHIES DENNIS P. KISSMAN PRESIDENT AND CHIEF EXECUTIVE OFFICER Dennis Kissman has been part of the recreation industry for over thirty-eight years and in 1988 began Marina Management Services Inc. (MMS), an internationally recognized management and consulting firm specializing in marinas. Mr. Kissman is a member of the National Marine Manufacturers Association (NMMA) and represents the Association on the International Council of Marine Industry Associations (ICOMIA) International Marinas Group. He has also served on the Board of Directors of the Marina Operators Association of America (MOAA) now called the Association of Marina Industries (AMI) from and was the Chairman of MOAA s Marina Financing Committee. Mr. Kissman is an active member of the Marine Industry Association of South Florida and has served on several subcommittees of the Association. Speaking engagements include the National Docks and Marina Conference sponsored by the University of Wisconsin Sea Grant program as well as several state and regional Marina Trade Associations. The 1996, 1999, 2002, 2005 and 2008 International Marina Conferences held in Genoa, Italy, Fort Lauderdale, Florida, Sydney, Australia, San Diego, California and Oostende, Belgium respectively as well as several International Marina Institute s educational conferences. He also participated in an advisory capacity at conferences sponsored by the Florida Sea Grant program on Blue Belting. Mr. Kissman served as a member of the International Marina Institute (IMI) as committee chair, and he authored the Standardized System of Accounts for Marinas and Boatyards. Since 1995, Mr. Kissman has published a financial/management column in Marina Dockage, a marina trade publication. He has also published numerous articles in other trade publications and has been quoted in many marina industry related articles published throughout the United States and Europe. MARY KUHN WEST COAST ASSOCIATE SAN DIEGO, CA Mary Kuhn began her waterfront career as Operations Manager for Seaport Cruises in Mary also served as a volunteer for the Sail America Foundation and the San Diego America s Cup Syndicate. She launched her customer service/hospitality career at Meridian Condominiums where she co-founded the Concierge Association of San Diego. Ms Kuhn joined the Marriott Corporation and enjoyed a successful 19-year career with the San Diego Marriott Marina. As Marina Manager, Mary helped guide the marina through the Republican National Convention, 3 Super Bowls and several America s Cup Races. Mary took the lead on high-profile conventions and major marina upgrade projects including the refurbishment of the marina seawall. She also led the marina through such challenges as the marina fire of 2006, and she wrote the training manual for all Marriott Marinas. Mary was responsible for preparing the Marriott Marina for the California Clean Marina certification process, she sat on the California Clean Marina Planning Committee and has been elected President of the Clean Marina Program for As a member of the ICOMIA planning committee Mary was responsible for winning the bid to host the International Marina Conference in San Diego at the Marriott Marina in As General Manager of the California Recreation Company in Newport Beach, CA, Mary was responsible for the operation of their 5 marinas and was highly involved in the revitalization of Balboa Marina. She worked on the permit process, design and selection process of all vendors, and was responsible for the relocation of all marina guests. Ms Kuhn served as Marina Manager for California Yacht Marina and Glorietta Bay Marina as well as Operations Manager for Driscoll Mission Bay and Driscoll Wharf. Mary served as a Board Member, Vice President and President of the Marine Recreation Association. She has also chaired the San Diego Dockmasters Group for several terms over her 30-year career.

11

12 102 N.E. Second Street #268 Boca Raton, Florida telephone +1 (561)

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