Peter Seidle, P.E.
Coastal Engineer and Modeler
+1-561-659-0041 x25
pseidle@appliedtm.com

Vincent Alex Brown
Corporate Marketing Manager
+1-352-375-8700 x356
vbrown@appliedtm.com

January 20, 2006

ATM Part of Annaly Bay Resort Development Team

First resort in two decades planned for St. Croix, U.S. Virgin Islands

West Palm Beach, Fla. – Applied Technology & Management, Inc. (ATM), is part of the development team for a 1,327-acre, $500 million resort and residential community at Annaly Bay in St. Croix, U.S. Virgin Islands, to be developed by the Throgmartin Company. ATM is providing stormwater resources, potable and wastewater design and infrastructure, coastal engineering (beach design and shoreline management), and coastal zone management (CZM) permitting expertise.

A spectacular site amid rolling hills, secluded cove beaches, and more than a mile and a half of waterfront overlooking the Caribbean Sea, Annaly Bay will be the first resort to be developed on St. Croix in two decades. The site is located on the island’s northern coast and includes an award-winning Robert Trent Jones championship golf course that will be available for play by resort guests.

“We envision Annaly Bay to be a world-class master-planned resort community designed in communion with nature and respectful of the cultural and historical fabric of St. Croix,” said Adam Holwerda, director of international development for Throgmartin.

“Seventy percent of the first phase will be kept in its natural state as green areas and nature reserve available for hiking, ecology tours, and horseback riding,” added Holwerda. This was achieved by the use of an urban planning technique known as “clustering” of the development to preserve as much of the natural beauty of the area as possible.

Peter Seidle, a coastal engineer and project manager with ATM, said his team "will utilize and enhance the island’s natural features to control stormwater and provide sandy beaches.”

ATM was chosen due to its extensive experience with environmental, ecological, and coastal projects throughout the southeastern United States, the Caribbean, and U.S. Virgin Islands. It is teaming with EDSA, a planning and landscape architecture firm, and Panamerican Consultants, archeological specialists.

About ATM

Applied Technology & Management, Inc. (ATM, www.appliedtm.com), is a marine, coastal, environmental, civil, and water resources engineering firm that specializes in marina and waterfront development, coastal engineering, beach restoration and renourishment, management of large-scale developments, environmental permitting, hydrological modeling, wetland permitting and management, site/civil development, and corporate financial and information technology management. It serves public and private clients throughout the United States and the Caribbean, Latin America, Europe, Middle East, and China. Founded in 1984, ATM is headquartered in Gainesville, Florida, and has additional offices in Cocoa Beach, Jacksonville, Tallahassee, and West Palm Beach; Savannah, Georgia; Charleston and Hilton Head, South Carolina; and Newport, Rhode Island.

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