PRESS RELEASE
October 14, 2011

Chenay Bay, St. Croix, US Virgin Island

Defender Resorts, Inc. recently established a recovery plan for Chenay Bay Resort, encompassing the hotel and timeshare operations with a full service restaurant, in St. Croix, U.S. Virgin Islands.  Following the filing of bankruptcy the resort, which was in distress was acquired by the financial institution who in turn contracted with Defender Resorts, Inc. for their expertise in handling distressed and compromised property.  “Our plan is simple, we want to bring the operations up to standards, improving the vacation experience for inbound guests, bring the budget in line with expectations, and improve sales and rentals.  Distressed property is always a challenge, but with our expertise we will turn the property around, bring it into profitability and make it attractive to both the owner/trustee as well as to the future buyer,” commented Mark Westbrook, President and COO.  Defender's transition team will be arriving at the resort within the week to begin assessing the site, establish the operations in the hotel, timeshare property and restaurant while improving the marketing with a focus on increasing occupancy, sales and rentals.  Frank Baker, Executive Vice President said, “We anticipate success in our sales and rental program.  Our goal is to get the property off of the rolls of the bank and turn it into a thriving resort worthy of the investment of new ownership.”  Chenay Bay is located at 5000 Estate Chenay Bay RT.82, East Ends Quarter, Christiansted, St. Croix, USVI 00824 and is affiliated with RCI.

Defender Resorts, Inc., Names

Charles (Charlie) Andrews Director of New Business Development

Myrtle Beach – Defender Resorts, Inc., named Charles Andrews Director of New Business.

Charlie’s experience includes working as General Manager for Defender Resorts over Turtle Reef Condominium Resort during the past two years where he was instrumental in directly overseeing and coordinating with the Board of Directors on several major renovations projects. Prior to his General management position he worked directly for Frank Baker, Executive Vice President for Defender in the capacity of developing company growth through new business leads and follow-up. Before joining Defender, he served as CEO of a specialized medical health services facility in Maryland for 24 years before relocating to Florida where he worked in sales and marketing before joining Defender in 2007.

“Defender represents many vacation ownership and condominium associations along the Eastern Seaboard that encompass; beach, golf and skiing destinations,” said Mark Westbrook, president and COO of Defender Resorts. “Charlie brings a great deal of business and marketing expertise and we welcome him to our corporate team.”

About Defender Resorts, Inc.

Defender Resorts, with more than thirty (30) years of experience in developing, consulting and managing timeshare and condominium associations continues to offer industry leading qualities for providing its managed properties with the highest level value and owner services. Defender Resorts employs more than 250 people and manages eighteen (18) vacation ownership association properties with 40,000 owners along the eastern seaboard from Massachusetts through Florida and in the Cayman Islands. For more information, contact Frank Baker at 843-449-1354, ext. 302.