"Michael's leadership and twenty-five years of industry experience will bring additional value to our collection of trophy resorts," said CEO Wayne Huizenga. Glennie was recently honored by Hotels Magazine as the "Independent Hotelier of the World," the first person in Florida to receive this honor.

Prior to his current position, Glennie was manager of the Waldorf-Astoria in New York City where he oversaw a $100 million renovation to re-establish the property as one of the premier hotels in the world. Mr. Glennie also has had experience with Rockresorts and Lincoln Hotels.

In a market where membership has its privileges, Glennie introduced the concept of the Premier Club at the Boca Resort Club, a tremendously successful venture, which restructured the existing membership program to yield both substantial recurring cash flow.

"We will continue our strategy of focusing on the luxury resort and club segment while capitalizing on the extraordinary internal growth opportunities afforded by our existing properties," said Mr. Glennie.

Glennie received a B.S. in Hotel and Catering Administration from Surrey University. He and wife, Dianne, currently reside in Boca Raton, Florida, with their two children.

Florida Panthers Holdings, Inc. owns the Boca Raton Resort Club, the Arizona Biltmore, the Registry Resort, the Edgewater Beach Hotel, the Hyatt Regency Pier 66 Resort and Marina, the Radisson Bahia Mar Resort and Yachting Center and the Rolling Hills Golf Club. The Company also owns the Florida Panthers Hockey Club and interests in the operations of the National Car Rental Center located in Sunrise, Florida and the Miami Arena.

Stan Smith, 954-627-5021, or e-mail, [email protected], or Michael Glennie, 561-447-3800, both of Florida Panther Holdings, Inc