Aquatic Development Group Inc. to Acquire Alpine Products

Source: Aquatic Development Group Inc.

COHOES, N.Y. - Upstate New York based Aquatic Development Group, Inc. (ADG) is pleased to announce that it has signed a letter of intent to purchase Vermont based Alpine Products, LLC manufacturer of the Alpine Supercoaster mountain coaster and the Superslide. With more than four decades of experience in the design and manufacture of engineered recreation and amusement product systems, ADG is proud to add Alpine Products to its portfolio of companies.

Alpine Products is North America's only manufacturer of mountain coasters. "Incorporating innovative and proprietary ride safety systems while providing an exhilarating and exciting guest experience the Alpine Products Supercoaster is an ideal addition to our product mix," said Ken Ellis, President and CEO of ADG. "Combining leading edge coaster system technology with the strength and stability of ADG's engineering and manufacturing base makes this acquisition an ideal fit for our company," said Ellis.

"With its long history of consistently delivering aquatics, recreation, and major design/build waterpark projects on time and on budget, we are convinced that becoming a part of the ADG family of companies is key to continuing our successful growth," stated Stig Albertsson founder of Alpine Products.

Alpine Products developed and manufactured the Alpine Supercoaster, which incorporates many unique safety systems including the patent-pending collision avoidance system. The first Alpine Supercoaster has been installed at Attitash Ski Area and opened in November 2010. Alpine Products also offers their innovative Superslide, which has taken the popular Alpine Slide and reinvented the system by developing the Augie Sled, which incorporates a patented rear wheel speed restrictor. The Augie Sled, along with Alpine Product's Superslide track has provided tremendous improvement in rider safety and enjoyment. Alpine Products is the exclusive agent to the US Ski Industry of the Zip-Flyer zip line system.

ADG is the world's most respected name in waterpark design and construction as well as equipment manufacture. With products that set the industry standards, ADG has revolutionized the aquatics industry. ADG boasts a successful 50 year history and over 1,000 completed projects for a client list that includes Jay Peak, Camelback, Six Flags, Wilderness Resorts, Kalahari Resorts, Dollywood, Disney, Intrawest, and Paramount Parks among others.

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