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Similar to the way snowboarding took the ski industry by storm a decade
ago, skiing is back, fueled by energy injected into the sport by young,
attitude-laden ski companies such as Line, Liberty, Surface, Ninthward,
Phantom, Drake Boinay, Armada, 4FRNT and PMGear.

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(NYSE:MVL ) will release financial results for the fourth quarter and
full year ended December 31, 2004 prior to the market's opening on
Monday, March 7 and will host a webcast at 9:00 a.
and worldwide while also serving as an invaluable source of
intellectual property.

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com, the Web's only year-round ski retail site.

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Many of these new
features will be incorporated into existing Summerfield Suites hotels as
they are converted to the new Hyatt extended stay brand. Hyatt Corporation (domestic U., Canada and Caribbean hotels) and
Hyatt International Corporation (international properties) are subsidiaries
of Chicago-based Global Hyatt Corporation. and Canada, reservations for any Hyatt hotel worldwide may be
obtained by calling 1-800-233-1234 or logging onto www. "And it's not demand
that stems from large marketing budgets."
Along with attitude, Robertson said many of the new ski brands are
yielding technological advances.

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On
the webcast Marvel's management team will provide an overview of its
financial results and a review of 2005 initiatives.S. Tramdock.
"They don't want to be representing the same brands their parents ski, or
companies that dedicate the majority of their resources to developing race
technology or skis that are destined for the rental shop.
Tramdock.

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com

Chicago-based Global Hyatt Corporation has
entered into a definitive agreement to acquire the upscale extended stay
brand and franchise system of 21 Summerfield Suites branded hotels and
acquire 6 owned Summerfield Suites hotels from partnerships between
affiliates of The Blackstone Group, the Gencom Group and Lehman Brothers., along with industry leading architects and
interior designers, have created a new leading edge hotel concept in the
upscale select service segment called Hyatt Place.hyatt.

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The contract closing is scheduled for early January 2006.
properties to its growing portfolio with the acquisition of the upscale,
limited service AmeriSuites hotel chain .

From the U.

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An archived version of the webcast will be
available for 30 days. Senior executives and design
teams at Global Hyatt Corp. Like Hyatt
Place, the new concept will feature a similar emphasis on exciting new
interior and exterior design, forward thinking technology and unique
applications of sensory branding into its hotels. operators of the Hyatt Vacation
Club (timeshare and fractional residential product), Hyatt Equities, L. They want skis with
cool graphics, progressive shapes and constructions, and brands that are
pushing the evolution of the sport.com buyers will attend the Snowsports Industries America trade
show next week, Jan.

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m.com (select "About Marvel") or at
www .com.

PRESS RELEASE Global Hyatt Set to Acquire Summerfield Suites(R)

Hyatt.

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Business Editors

NEW YORK----Marvel Enterprises , Inc.fulldisclosure. Currently, there are an additional
28 Hyatt hotels and resorts under development , including 10 new hotels in
China.
(hotel ownership), Select Hotel Group L.S.

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Marvel to Report Q4 Results and Host Webcast on March 7

The first newly built
Hyatt Place hotels will be under construction in early 2006 and the
conversion of AmeriSuites hotels to Hyatt Place hotels is expected in late
2006.

With its acquisition of Summerfield Suites, Global Hyatt continues adding
to its brand portfolio by expanding its brand presence into the upscale
extended stay category.

In January 2005, Global Hyatt Corporation also added an additional 143 U."
According to Robertson , the new-school brands are fulfilling a demand for
companies that understand the park and pipe community , big-mountain freeskiing
and other aspects of "new-school" skiing.
"The trend that these 'new school' ski brands are addressing is the hot
trend in skiing right now -- the youth movement of park and pipe and then
transitioning those skills to the backcountry," Robertson said.

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L. (which franchises Hawthorn Suites, and Microtel Inns and
Suites).

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S.
"Demand for these brands is huge , to the point where many of them can't
keep up and we have trouble keeping them in stock," said Dustin Robertson, of
Tramdock.

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Slew of Young Ski Companies Draw Fans With Rootsy Appeal

"And the niche they're filling is the demand for products made by people
who understand the new-school movement , people who not only understand what
they want and will deliver it to them, but will be right there in the park or
out in the backcountry with them," he said.
Patrick Crawford, editor of Freeskier Magazine, which covers the new-
school skiing movement, agrees.

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WEBCAST URL: www. (NYSE:MVL), is one of the world's most prominent
character-based entertainment companies. Marvel's operations are
focused in four areas: entertainment (Marvel Studios), licensing,
publishing and toys (Toy Biz). (which owns, operates and
franchises AmeriSuites hotels and Hyatt Place hotels) and U.

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marvel . Global Hyatt Corporation is also
the owner of Hyatt Vacation Ownership, Inc.

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For additional information visit
www.S.L. These properties will be renovated
and repositioned under the new Hyatt Place select service brand in 2006.
"Skiers want to support brands that support what they're doing," Crawford
said.

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About Marvel

With a library of over 5,000 proprietary characters , Marvel
Enterprises, Inc. Details of these
plans, including the new brand for Hyatt's extended stay product, will be
developed in early 2006.

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EST that day.

This acquisition comes on the heels of another high-profile deal for Global
Hyatt Corporation, which earlier this year acquired the upscale, select
service 146 unit AmeriSuites hotel chain.com


Global Hyatt will develop an extended stay prototype concept for new build
hotels and new brand standards criteria for converting existing Summerfield
Suites hotels to a new Hyatt-branded extended stay product.

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marvel.C.com Tracks New-School Manufacturers Creating Demand, Rekindling
Skiing With Core Approach to Sport

PARK CITY, Utah, Call it garage-band ski
production, but to people associated with the growing new-school ski movement,
the rootsy nature of the young ski brands that have appeared across North
America's ski slopes in the past few ski seasons is as strong a selling point
as any.

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Marvel's characters and plot lines are created by its publishing
division which continues to expand its leadership position in the U.S.

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C. Franchise
Systems, Inc. It's largely word of mouth . Examples include Line's custom-designed
removable bindings (which can be switched between different pairs of skis like
snowboard bindings and which received kudos recently in a Journal of Medicine
+ Science in Sports + Exercise article for a design that may help reduce knee
injuries), Drake Boinay's innovative use of carbon fiber in high-end skis and
PMGear's community-designed skis. 24 -27, 2005, in Las Vegas to check out the latest ski
industry offerings from both new-school and more traditional ski gear
manufacturers.

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Marvel facilitates the creation of
entertainment projects , including feature films, DVD/home video, video
games and television based on its characters and also licenses its
characters for use in a wide range of consumer products and services
including apparel, toys, collectibles, snack foods and promotions.

About Global Hyatt Corporation

There are 214 Hyatt branded hotels and resorts (over 90,000 rooms) in 43
countries around the world, operating under the Hyatt, Hyatt Regency,
Grand Hyatt and Park Hyatt brands.com

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