Donnelly, ID (Sunday, May 9, 2004) - Michael Ferensowicz, a 20-year veteran in resort commercial development from Squaw Valley, California, has recently signed on to the Tamarack Resort executive team as Director of Village Development.

As we begin to move into the next exciting phase of our development -- our village core -- Michael will be a tremendous asset in planning for a vibrant commercial area," said Jean-Pierre Boespflug, CEO of Tamarack Resort. "Our mixed use, European-style village will integrate restaurants, specialty shops and intimate living spaces all within an easy walk of our ski mountain, meadow golf course and lake waterfront."

Ferensowicz left his post as Director of Commercial Development and Leasing at Squaw Valley, an affiliate of the Intrawest Resort Development Group, to accept the position at Tamarack. At Squaw Village, he was also Commercial Director for the boards of directors of both the Squaw Village Neighborhood Association and the Homeowners Association.

"I am delighted to be joining the Tamarack Team," Ferensowicz said. "The attention to detail to provide an extraordinary level of guest experience and Tamarack's respect for the environment creates a quality of life in a resort setting that is unmatched in the continental U.S."

Ferensowicz holds a bachelors degree from Harvard and an MBA from Northeastern University in Boston. He is an avid sports enthusiast with interests in golf, ice hockey, and coaching youth soccer and softball.