PRESS RELEASE March 1, 2018

Re: Tow & Stow Dry Marina Acquisition

W.A. (Bill) Redmond Chairman, Dockside Marine Centre announces …

Tow & Stow Dry Marina owned by Trilion Developments Ltd. has accepted an offer to purchase from the owner/operators of Dockside Marine Centre, Sergei Krasnov, Bill Redmond and Durell Wiley. The Dockside Marine Centre group will take possession of the operation April 1st, 2018.

Tow & Stow has an enviable record for excellent customer service and exceptional operating efficiencies. The operation will continue to provide the finest boat and watercraft storage facility in the area (41,000 square feet, storage for over 400 boats on racking stacked 5 high), boat valet service and a marine technical service centre (including parts and accessories). The entire operating staff will remain intact and ready to serve customers.

Boat sales at the Tow & Stow location in West Kelowna will be operated by Dockside Marine Centre thus doubling the company’s sales lot display area. Dockside Marine Centre operates a complete sales and service operation at Shelter Bay in West Kelowna and is the only boat dealer actually on the Lake Okanagan shoreline. The Dockside line-up of premium brand boats includes Avalon, Crownline, Lund fishing boats, Harris, Bayliner and the iconic SeaRay brand. The company has been voted #1 Boat Dealer in Kelowna for the past several years.

Durell Wiley is presently General Manager & CFO of Dockside Marine and will assume General Manager and CFO duties at Tow & Stow. Mr. Wiley states “I am pleased to be associated with the dedicated people at Tow & Stow and we look forward to ensuring that our service maintains the same high standards in the future. We are very proud to have Tow & Stow join our Dockside family.”

Lee Strauch, General Manager/Owner of Tow & Stow states “We are pleased that Tow & Stow management and ownership will be in the hands of experienced and committed people from the marine industry. Our Tow & Stow staff will have a bright future being associated with a trusted company like Dockside Marine”.

For further information please call Bill Redmond or cell: 250-869-9802

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