CRN: 7 MEGAYACHTS NOW UNDER CONSTRUCTION; 60m TO PREMIERE IN MONTECARLO September 22, 2012

In Montecarlo, the shipyard, which has almost reached its 50th anniversary, reveals its development strategies and new markets: seven megayachts branded CRN are being manufactured in Ancona.

Ancona, 20 September 2012 - CRN Shipyard - a Ferretti Group brand, specialized in the construction and sale of fully customized displacement megayachts made of steel and aluminium, ranging from 46 to 90 metres, and with a displacement line made of composite material (CRN Navetta 43) which is 43 metres long - has taken the opportunity at the traditional international boating event, the Monaco Yacht Show (Montecarlo, 19-22 September), to present its development plans and to define its current market situation.

In 2013 CRN will have its 50th anniversary, a historical moment that testifies the well-established company, a brand of a niche sector on a market that has seen other important long-standing brands struggling.

The shipyard will keep focusing on the Client and the Product - giving its maximum attention to the values of the brand: attention to the Owner, flexibility, tradition, reliability, design, craftsmanship and Made in Italy. With its constant research, CRN is developing various projects for its Owners:

· M/Y CRN 125 60 m (to be launched in November) - designed by Zuccon International Project
· M/Y CRN 129 80 m (to be launched in December) - designed by Zuccon International Project
· M/Y CRN 131 74 m - designed by Zuccon International Project
· M/Y CRN 132 73 m - designed by Omega Architects
· M/Y CRN 133 60 m - designed by Francesco Paszkowski Design
All made of steel and aluminium besides
· 2 CRN Navetta 43, 43 m, made of composite, designed by Zuccon International Project

These are the seven megayachts branded CRN that are currently being manufactured in the shipyard of Ancona. In particular, the 80 metre, which in an advanced construction phase, will be the biggest megayacht ever manufactured by CRN, and will exceed the 72 metre "Azteca" and it will be the biggest yacht ever built in Italy.

The Dislopen line and the new 60 to 80 m projects, are still in the designing phase and they are being designed by the prestigious firm Studio Nuvolari & Lenard.

The excellent performance of the shipyard has been confirmed by the awards given to the 43 metre CRN Navetta 43 "Lady Trudy", which received the "Best Interior Award" a few days ago at the World Yacht Trophy 2012 organized by the French editorial group LuxmediaGroup during the Cannes Boat Show that has just ended.

According to Lamberto Tacoli, Chairman of CRN, "The new-found financial serenity of the Ferretti Group through the new property and the important autumn boat shows that open the nautical year, encourage us to look at the next months with optimism, besides the usual passion. Ours is a constantly changing sector: the traditional European markets are stalled or in recession, but we have long been moving towards other areas, namely North America, Latin America, Asia-Pacific as well as Africa. Today, it is important to look for business and so to say chase it. We keep focusing on design, technology and innovation, maintaining our identity as an industrial company that has a strong craftsmanship. Besides the CRN megayacht, I would also like to mention that other prestigious yachts of the Ferretti Group are currently being manufactured at the Ancona shipyard, namely those with the Custom Line and Riva brands, confirming the excellent synergy within the Group and showing that the shipyard has become a very important site for high-end international boating."

At Montecarlo, CRN will premiere the 60 metre megayacht CRN 130 "Darlings Danama".

"Darlings Danama", hull number 130 of the shipyard, made of steel and aluminium and commissioned to CRN by a European ship Owner, is the sixth 60 metre pleasure ship built from 2005 till today. This megayacht features outdoor areas, minimal fittings and Art Déco style and has 5 decks which can comfortably accommodate 12 people - in five Vip cabins and a master suite - and 14 crew members.

The external profile and the internal layout bear the signature of Studio Zuccon International Project, that worked in close collaboration with the CRN Technical Office, that dealt with the designing of the vessel. The Owner's architects - Cristina & Alexandre Negoescu - together with the Centro Stile of CRN were responsible for the interior décor. On the outside it has the typical features of a CRN mega yacht: the stern that can be opened and transformed into a large beach club, the terrace in the master suite and a large sun deck.

In the Owner's apartment, it is worth noting the new exclusive system that was especially designed by CRN in collaboration with Videoworks and the Polytechnic University of the Marche, to remove all sounds in the bed area. This system makes it possible to cancel the "active noise". Sound is totally annulled through a series of microphones that register environmental background noise and generate noise with opposing frequency to kill the sound waves.




CRN & Ferretti Group
The Ferretti Group, a world leader in the design, construction and marketing of luxury motor yachts, has an unparalleled portfolio of eight exclusive and prestigious brands, each with its own distinctive and unique features including Ferretti Yachts, Pershing, Itama, Bertram, Riva, Mochi Craft, CRN and Ferretti Custom Line. Established in 1968 by Norberto Ferretti - currently Honorary Chairman - and led by Chairman Tan Xuguang and Managing Director Ferruccio Rossi, the Group operates a series of state-of-the-art production centers in Italy and in the United States, which integrate industrial production efficiencies with unsurpassed attention to detail, typical of the artisan tradition of Italian craftsmanship. The Group is present in the United States through its subsidiary Ferretti Group America, which manages a network of Sales Centers specializing in the distribution and sales of the Group's brands throughout the North American market, and in Asia, through a representative and promotion office in Shanghai. Moreover, a specialized network of approximately 60 selected dealers grants the Ferretti Group's presence in over 80 countries, thereby ensuring Clients receive the very best customer service and support in marinas throughout the world. The Group has always been at the top of the yachting industry, due to constant product and process innovation and continuous research in innovative technology solutions. The Group's comprehensive portfolio of yachts include flybridges, runabouts, open yachts, coupe yachts, lobster boats, fisherman yachts, maxi yachts and mega-yachts that are designed by highly specialized technicians and engineers at the Advanced Yacht Technology (AYT) research and design center in close collaboration with the skilful team of architects and designers at Centro Stile Ferrettigroup, who continuously develop and combine aesthetic, functional and innovative design solutions. The two teams are constantly developing their internal expertise while working together with internationally renowned yacht designers and naval architects. As a result, Ferretti Group's motor yachts have always been characterized by high quality, best - in - class safety features, outstanding performance at sea; together with exclusive designs and timeless elegance, which are unparalleled in the boating sector worldwide.

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