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18Aug12 Correct Craft Acquires Orlando Watersports Complex


Correct Craft's Bill Yeargin and Sean Marrero at OWC with its founder Rene Hofmann

ORLANDO, FLA (August 17, 2012) ? Today Correct Craft announced its purchase of the Orlando Watersports Complex (OWC), the world?s premier cable wake park, effective August 20.

OWC, the world?s most visited wake park (located in Orlando, Florida) is a must-visit destination for wakeboarders and skiers from all over the world. OWC?s three cable systems combined with a boat lake (where riders and skiers can train behind Nautique boats) provide an unparalleled opportunity for watersports enthusiasts to enjoy their sport in the world?s number one tourist destination.

Rene Hofmann, Founder and General Manager of OWC, stated ?I greatly admire Correct Craft and its team as well as the company?s prestigious Nautique boat brand. I am thrilled that the watersports industry?s best and strongest company is acquiring OWC and that I have the opportunity to be a part of their team.? ?I look forward to working with the Correct Craft team on not only ensuring OWC remains the world?s premier cable park but also exploring other opportunities for us to expand in this growing segment of our industry,? Hofmann added.

Correct Craft?s President/CEO Bill Yeargin stated ?I have visited cable parks all over the world and OWC is the best in the world. We view OWC as complementary to our Nautique boat business and will work with Rene to continue bringing people into our industry.? ?We are also excited to have Rene join our team and work with us to further enhance OWC while also pursuing other cable opportunities around the globe,? added Yeargin.

To read President/CEO Bill Yeargin?s Nautique Insider blog about Correct Craft?s acquisition of OWC click here.

The Orlando Watersports Complex (OWC) is a unique watersports park designed for wakeboarding, wakeskating, kneeboarding and water skiing. Established in 2001, OWC has become the premier locale for riders and skiers of all levels. From beginning riders just wanting to try the sport for recreation, to professional wakeboarders and skiers from all over the world, OWC caters to all. To learn more, visit www.orlandowatersports.com.