YachtWorld.com Database Exceeds 10,000 Listings

FOR IMMEDIATE RELEASE

SEATTLE, WA--Sept. 16, 1998--YachtWorld´┐Ż.com, the world's leading Internet database of yachts for sale, announced today that its searchable database now has photos and information on more than 10,000 active listings.

"Yacht buyers search the YachtWorld database more than 100,000 times every month," said Geoffrey Barker, Co-CEO of The Cobalt Group, Inc., which owns YachtWorld. "These thousands of buyers use YachtWorld because it offers the most comprehensive selection of listed yachts and, just as important, lets the buyers make direct contact with the listing broker when they find their yacht," added Barker.

"YachtWorld represents a revolution in how yacht brokers and builders can reach buyers for their listings, said Jessica Muffett, Publisher of YachtWorld. "For the first time, brokers know that their listings will be viewed by all interested buyers. For example, in the last month alone, buyers using YachtWorld made over 2,500 searches for Carver yachts, and every broker with a Carver listing knows for certain that his or her listings were seen by this highly qualified group of buyers," added Muffett.

YachtWorld also has a wide range of information for boat owners and buyers, including the Boating Yellow Pages, Boats for Charter, articles from Power & Motoryacht magazine, and extensive discussion forums.

For more information, please contact:

Geoffrey T. Barker
Co-Chief Executive Officer
The Cobalt Group, Inc.
Tel: 206-269-6363, ext.211
E-mail: geof@cobaltgroup.com
http://cobaltgroup.com