Golf News for Wednesday, November 24, 2004 | Business

Azur International acquires Shell Landing

MIAMI – Nov. 18, 2004 – Azur International, Inc. (Pink Sheets:AZRI), an international resort and luxury residential development company, has announced the acquisition of Shell Landing, the Gulf Coast's premier golf course.

Shell Landing, a signature Davis Love III designed course, located at the Shell Landing master-planned resort community, will complement Azur's resort development position and provide immediate strengthening of its revenues and net operating income.

As part of the master-planned community, a wealth of comprehensive resort amenities is planned with Azur's latest acquisition. Area fishing, golf, tennis, gambling, swimming and luxury homes will provide a well-rounded service offering for families, leisure and corporate retreats. Unlike many golf course properties, Shell Landing operates with a substantial positive cash flow and will provide significant value to Azur and its shareholders.

"Shell Landing adds an integral piece to Azur's resort, as well as its luxury residential development segments," said CEO Don Goree. "In addition, its strategic location in the area of Biloxi, Mississippi, the third largest gaming market in the U. S., provides the benefit of the region's newest commerce combined with the stability Gautier has as one of the nation's oldest communities," he added.

Shell Landing has been named by Golf Digest among America's Best New Courses. In addition, in 2003 it received the Number 5 ranking in America in the Best New Upscale Public Category. As the sole property in the South within the Top 5 ranking, the course provides Azur a geographic competitive advantage in the Mississippi Gulf Coast and the surrounding area.

Azur International, Inc., based in Miami, Florida, is a publicly traded company that currently develops and markets luxury residential and resort properties. Additionally, there are several real estate projects under consideration, including the purchase and development of luxury hotels and resorts, domestically and internationally, and land purchases in strategic areas that will provide inventory for future development or sale. For additional information about Azur International, Inc, go to www.Azur-Int.com

Contact:
Azur International, Inc.
Phone: (305) 442-9121
Fax: (305) 442-9126