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Group purchases Indiana Beach

Monticello Herald Journal

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February 19, 2008

QUEENSBURY, New York - Morgan RV Resorts today announced the acquisition of Indiana Beach Amusement Resort in Monticello. The purchase includes the northwest Indiana resort's entire operations including the Indiana Beach Boardwalk and Funway amusement park and water park, Indiana Beach Camp Resort, Yogi Bear's Jellystone Park Camp-Resort at Indiana Beach, The Beach House Inn hotel and motel, Lakeview Penthouse Suites, cottages at The Beach Club Resort and Hoosier Pointe, the Shafer Queen paddle wheel boat, The Fun Zone, a lakefront sandy beach, the Skyroom Restaurant and multiple dining and retail operations. The resort complex will open for the 2008 season on May 3.

Numerous improvements are planned for Indiana Beach Amusement Resort including the addition of the amusement park's sixth roller coaster, Steel Hawg. The new steel roller coaster, Indiana's first custom steel coaster, features multiple flips and inversions as well as a 120-degree first drop.

Steel Hawg will be in great company, joining five other roller coasters at the park including the "Grandfather" of Indiana roller coasters, The Hoosier Hurricane.

Also new for 2008 will be an extended operating season providing guests with more opportunities to enjoy the park's exciting rides.

Morgan RV Resorts is the country's largest private owner and operator of RV parks and resorts. The company's collection of regional destination resorts provides clean, fun, affordable family vacation getaways offering multiple accommodation options, activities and events for all ages, playgrounds, swimming pools and entertainment.

"We are thrilled to be welcoming this historic Indiana family destination to the Morgan RV Resorts family," said Bob Moser, co-owner of Morgan RV Resorts. "Superb hospitality and exiting destinations are hallmarks of every Morgan resort. Guests of Indiana Beach will continue to take pleasure in the quality experience they have come to love over the past eight decades and enjoy an ongoing commitment to improving the destination year after year."

"This is an exciting time for Indiana Beach," said Tom Spackman Jr., grandson of park found, Earl Spackman. "With the recent upgrades to many of our accommodations, the forthcoming arrival of Steel Hawg and now the purchase by family-owned Morgan RV Resorts the future is brighter than ever. In the years to come, Indiana Beach is certain to remain the home for all the fun things you love to do."

Guests can learn more about Morgan RV Resorts by visiting www.morganrvresorts.com and stay up to date on the latest happenings at Indiana Beach Amusement Resort at www.indianabeach.com.



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