Press Release

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=90 BGCOLOR="#006699" TEXT="#080000" background="189a45a3.jpg"> <div> <FONT SIZE="5" COLOR="#000000" FACE="Arial" ><B>Adirondack Airpark Estates</B></FONT><B>    </B><B> |     </B><A HREF="index.htm" TARGET="_top" TITLE="Adirondack Airpark Estates"><U><B>home</B></U></A></div> <div> <A HREF="id2.htm" TARGET="_top" TITLE="Overview"><U>Overview</U></A>   |   <A HREF="id4.htm" TARGET="_top" TITLE="Facts and Figures"><U>Facts and Figures</U></A>   |   <A HREF="id6.htm" TARGET="_top" TITLE="Location Map "><U>Location Map </U></A>   |   <A HREF="id16.htm" TARGET="_top" TITLE="Area Photos"><U>Area Photos</U></A>   |   <A HREF="id5.htm" TARGET="_top" TITLE="Recreation"><U>Recreation</U></A>   |   <A HREF="private_airport_real_estate_and_waterfront_property.htm" TARGET="_top" TITLE="Real Estate Available"><U>Real Estate Available</U></A>   |   <A HREF="id17.htm" TARGET="_top" TITLE="How to Visit"><U>How to Visit</U></A>   |   <A HREF="id25.htm" TARGET="_top" TITLE="Lot Prices"><U>Lot Prices</U></A>   |   <A HREF="id23.htm" TARGET="_top" TITLE="Contact Us"><U>Contact Us</U></A>   |   <A HREF="id27.htm" TARGET="_top" TITLE="Up coming events"><U>Up coming events</U></A>   |   <B>Press Release</B>   |   <A HREF="id24.htm" TARGET="_top" TITLE="1960 172A SKYHAWK"><U>1960 172A SKYHAWK</U></A></div> <div> </div> </td> </tr><tr> <td valign="top" width=210 BGCOLOR="#FFFFFF" TEXT="#080000" background="167d2b03.jpg"> <bR> <div> <IMG SRC="068855a0.png" border=0 width="133" height="90" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> <div> <A HREF="index.htm" TARGET="_top" TITLE="Adirondack Airpark Estates"><U>Home</U></A></div> <div> <A HREF="id2.htm" TARGET="_top" TITLE="Overview"><U>Overview</U></A></div> <div> <A HREF="id4.htm" TARGET="_top" TITLE="Facts and Figures"><U>Facts and CCR's</U></A></div> <div> <A HREF="id6.htm" TARGET="_top" TITLE="Location Map "><U>Location Map</U></A></div> <div> <A HREF="id32.htm" TARGET="_top" TITLE="Press Release"><U>Press Release</U></A></div> <div> <A HREF="id16.htm" TARGET="_top" TITLE="Area Photos"><U>Area Photos</U></A></div> <div> <A HREF="id5.htm" TARGET="_top" TITLE="Recreation"><U>Recreation</U></A></div> <div> <A HREF="private_airport_real_estate_and_waterfront_property.htm" TARGET="_top" TITLE="Real Estate Available"><U>Real Estate Available</U></A></div> <div> <A HREF="id17.htm" TARGET="_top" TITLE="How to Visit"><U>How to Visit</U></A></div> <div> <A HREF="id23.htm" TARGET="_top" TITLE="Contact Us"><U>Contact Us</U></A></div> <div> <A HREF="id25.htm" TARGET="_top" TITLE="Lot Prices"><U>Lot Prices</U></A></div> <div> <A HREF="id27.htm" TARGET="_top" TITLE="Up coming events"><U>Upcoming Events</U></A></div> <div> Elevation 1,352' msl</div> <div> Unicom 122.8</div> <div> Clinton County (PLB) AWOS 133.52</div> <div> Daytime -VFR Operations</div> <div> Latitude / Longitude</div> <div> N44 36'-13"  </div> <div>   W73 51'-22"</div> <div> <B><IMG SRC="10aaff00.jpg" border=0 width="175" height="240" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></div> <div> Southern Montreal Sectional</div> <bR> <bR> <bR> </td> <td valign="top" height=390 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <I>Press Release</I></div> <div> <I><B> </B></I><FONT SIZE="3" COLOR="#003366" FACE="Gaze" ><I><B> </B></I></FONT><FONT SIZE="2" COLOR="#003366" FACE="Gaze" ><I><B>FOR IMMEDIATE RELEASE </B></I></FONT></div> <div> <I><B>    Contact: </B></I></div> <div> <I><B>    Bruce Francisco</B></I></div> <div> <I><B>    Franwick Industries, Spokesperson </B></I></div> <div> <I><B>    PO Box 270 </B></I></div> <div> <I><B>    Westbrook, CT 06498 </B></I></div> <div> <I><B>    Phone: 1-800-932-9091, Ext. 3144 </B></I></div> <div> <I><B>    http://www.ny17.com </B></I></div> <div> <I><B>    http://www.silohome.com </B></I></div> <bR> <DIV ALIGN="LEFT"></DIV> <div> <I><B>NY17 plans to  expand </B></I><I><B>runway</B></I><I><B> to 40' x 4000' with lights by 2007</B></I></div> <bR> <div> <TABLE BORDER="0" CELLPADDING="1" CELLSPACING="1" WIDTH="580" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="VOID" RULES="NONE" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=CENTER HEIGHT= 1134 WIDTH="576"><div> <I><B> --Saranac, NY -- Spring 06 -- Adirondack Airpark Estates (NY17) </B></I></div> <bR> <div> <I><B>Nestled in the Adirondack State Park, between Lake Champlain and Lake Placid, Adirondack Airpark Estates sits atop a 1350' plateau overlooking the Saranac River Valley. The only airpark subdivision with a paved runway in New York State (2050' X 20').</B></I></div> <bR> <div> <I><B>NY17, the federal identifier for Adirondack Airpark Estates, is a DOT approved, FAA inspected, private airport subdivision consisting of twelve (12) Lots ranging in size from 3.5 acres to 9.9 acres. Six of the lots boast direct runway access. Off - runway lots will have deeded hanger space adjacent to the runway. These lots enjoy 30 mile views of the Saranac River Valley and Whiteface Mountain; home of the 1980 Winter Olympics. All lots have been perk tested and approved for building. </B></I></div> <bR> <div> <I> </I><FONT SIZE="3" COLOR="#003366" FACE="Arial" ><I><B><U>Runway Extension in progress</U></B></I></FONT></div> <bR> <div> <B>- Existing paved runway is 2050' X 20' .   Tree clear area has been widened to minimum 150'.  Approaches have been drastically improved.  Over 2000' of trees are clear to the distant mountain views to the west.  All power lines have been put underground.   There will be an extra 300' of grass runway to the west this spring.  Future plans are to pave this to create approx. 40' x 4000'  paved runway with lighting.   Truely a unique investment opportunity. </B><A HREF="id25.htm" TARGET="_top" TITLE="Lot Prices"><U><B>Phase II lots</B></U></A><B> should be available by spring 2007 upon completion of expansion.</B></div> <bR> <div> <A HREF="id28.htm" TARGET="_top" TITLE="Moosehead Cedar Log Home with direct run"><U><I><B><U>17 Skyhawk Way</U></B></I></U></A></div> <bR> <div> <B>This 1500 sf log home on lot 2 (17 Skylane Way)  is complete and ready to move into.   The home has direct runway access and has 4 ac or beautiful land studded with pines and apple trees.   It is a home that can be enjoyed in the mountains with well planed efficient space.</B></div> <bR> <div> <I><B><U>Lot 1 Hangar with Studio</U></B></I></div> <bR> <div> <B>If you feel your not ready to build your dream home, and still want a place to fly-in and enjoy the Adirondacks this package on lot 1 might be right for you.  </B></div> <bR> <div> <B>Lot 1 has direct runway access.  The 42' x 46' insulated hangar boast 14' ceiling with a 38' x 12' bifold door with automatic lock downs. </B></div> <bR> <div> <B>Within the back corner of the hanger (leaving plenty of room for your plane) can be a separate heated studio/office with a kitchenette, bath and loft for sleeping.   Price for completion of studio in hanger range $65-70k (negotiable to taste and details).  Includes well and septic  installation.</B></div> <bR> <div> <B>There is still plenty of room on this 10ac parcel for construction of your dream home.</B></div> <bR> <div> <A HREF="id25.htm" TARGET="_top" TITLE="Lot Prices"><U><I><B><U>Other lots</U></B></I></U></A></div> <bR> <div> <A HREF="id25.htm" TARGET="_top" TITLE="Lot Prices"><U><B>Lots listed will be available upon completion of runway expansion.</B></U></A></div> <bR> <div> <I><B><U>Come visit and pick out your slice of heaven</U></B></I></div> <bR> <div> <FONT SIZE="3" COLOR="#003366" FACE="Arial" ><B> Visits will be </B></FONT><I><B>by appointment only </B></I><A HREF="id17.htm" TARGET="_top" TITLE="How to Visit"><U><I><B>(prior permission to land required)</B></I></U></A><I><B>. It will be a great opportunity to check out the 105-acre airpark and available real estate.  </B></I><A HREF="id23.htm" TARGET="_top" TITLE="Contact Us"><U><I><B>Email </B></I></U></A><I><B>to NY17.com for more information about NY17 and how to register for a visit. </B></I></div> </tD> </tR> <tR> <tD VALIGN=CENTER HEIGHT= 102 WIDTH="576"><div> <I><B>The area offers spectacular views along with endless year-round activities including golf, world class skiing, fishing, boating, kayaking, hunting, horseback riding and more. </B></I></div> </tD> </tR> </TABLE></div> <bR> <div> <TABLE BORDER="0" CELLPADDING="1" CELLSPACING="1" WIDTH="580" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="VOID" RULES="NONE" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=CENTER HEIGHT= 19 WIDTH="576"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="576" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></div> <bR> <div> <I><B>For information: </B></I></div> <div> <I><B>http://www.ny17.com or </B></I></div> <div> <I><B>http://www.silohome.com </B></I></div> <div> <I><B>Contact: Phone: 1-800-932-9091, Ext. 3144</B></I></div> <bR> </td> </tr></table></body>