WindPath Fractional Launches Into the Power Boat Market With Back Cove Yachts

STAMFORD, Conn., March 18 /PRNewswire/ -- WindPath, the luxury fractional yachting company and Back Cove Yachts today announce their exclusive relationship in the fractional yachting market. The new agreement makes elegantly beautiful and stoutly built Back Cove Yachts available from all of WindPath's fractional yachting facilities throughout the US.

"WindPath programs open the door for people who have wanted to get out on the water, but have hesitated because of financial or other burdens associated with owning a yacht," said Ian Treibick, president of WindPath Fractional Yachts, "Our new relationship with the exceptional team at Back Cove represents an exciting benchmark in the development of the WindPath brand and fractional boating as a whole." Treibick continued: "The addition of Back Cove power boats to our already successful sailboat programs opens up a large new market for WindPath, and enables our customers to enjoy the best of what sailing and power boating have to offer."

Bentley Collins, Back Cove Yachts VP of Marketing and Sales elaborated, "Back Cove yachts is very excited about this opportunity with WindPath. Fractional yachting is a hot new part of the boating industry and we are pleased that WindPath will introduce so many new boaters to the pleasures of our sport using our boats as their platform."

To kick off the program WindPath will be re-launching its award winning website and re-branding from WindPath Sailing to WindPath Fractional Yachts. The new "Choose Your Path(TM)" website and marketing campaign is already under development.

WindPath's Fractional Yachting program provides Members a low commitment, hassle free boating experience on a brand new Back Cove power boat or Catalina sail boat. Members are guaranteed seven uses every month on a WindPath maintained boat close to their home. Members may choose a monthly or annual fee that is usually less than the cost of the marina slip fees alone. WindPath handles all aspects of maintenance, insurance, scheduling and slip fees, as well as offering a comprehensive training program for new or inexperienced boaters.

Members schedule time slots via WindPath's proprietary, real-time online scheduling software, SailSoft(TM). Trip durations can range from a half day to a full week, time slots are reserved instantly online up to 12 months in advance.

About WindPath Fractional Yachts

WindPath is a pioneer in the emerging market of Fractional Yachting. Our members enjoy the best of what boating has to offer, and suffer none of the burdens typically associated with yacht ownership. WindPath was founded on the principals of the good life, and that is what we deliver. Currently operating out of 15 locations, WindPath offers members the unique opportunity to experience the boating lifestyle without the burdens of yacht ownership. WindPath has plans to expand via its franchise business opportunity throughout the US and abroad. For more information visit http://www.WindPath.com

About Back Cove Yachts

Back Cove Yachts is located in Rockland, where 100 skilled Maine craftsmen and women are employed in all facets of building the Back Cove range of power boats. The companies Merrill Street facility has 240,000 square feet of production space and produces 100 Back Cove boats each year. Current Back Cove models range from 26 to 33 feet in length and all offer economical single diesel engine reliability and economy. For additional information please go to www.backcoveyachts.com