Hotel Online Special Report 
$1 Billion Resort Spa Project to Be Built in Fast-Growing Los Cabos, Mexico MARINA DEL REY, Calif., Sept. 16, 1999 – Garrett K. Krause, President and CEO of Janus International, Inc. (OTC Bulletin Board: JNUS) confirmed that the Company is moving forward with the incorporation of Cabo West, Inc., the Company’s Baja, Mexico-based real estate development unit. Mr. Krause added that Cabo West will assume management of the development and construction of the Company’s $1 billion Rancho del Cabo Resort Spa project near Cabo San Lucas, Baja, Mexico.
Located in the Los Cabos region and minutes from the city of Cabo San Lucas, one of the fastest growing tourist destinations in the world, Rancho del Cabo will be a 1,400-acre world-class beachfront resort offering a number of unparalleled lodging and recreational amenities including a 5-Star hotel, a state-of-the-art “wellness” spa center, three 18-hole golf courses, a mega-yacht marina, an equestrian center and a private residential community consisting of over 900 custom homes and condominiums.
Rancho del Cabo will feature unique hacienda-style structures indicative of classic Old Mexican architecture, not only giving the flavor and ambiance of Old Mexico but capturing the world renowned warmth and hospitality of its people. Cabo San Lucas, located at the tip of Mexico’s Baja peninsula, boasts some of the finest beaches, deep-sea fishing, shopping and dining in the world. Current and future Cabo West developments will capitalize on the proximity of the Los Cabos region to the Western United States, a key source of tourism.
The Los Cabos region is a rapidly growing tourist destination, boasting a dramatic rise in tourist visitors from 600,000 in 1997 to 1,000,000 in 1998. Per capita spending by visitors to this unique region is among the highest in the world, signifying Cabo San Lucas and the Los Cabos region as a hot spot for a development and the spawning of an increasingly growing economy.
The travel trade community’s growing awareness and perception of the Los Cabos as a premiere destination, continues to support tourist demand. Mr. Krause commented: “With the Rancho del Cabo project, we are creating what will be widely regarded as one of the finest destination resorts in the world. With the possibility of other future developments, Cabo West will stand as one of leading real estate development and construction companies in the Los Cabos region.” Mr. Krause also announced that Janus International has liquidated its operations in Brazil due to unstable economic conditions in that country. However, he added the Company would look to re-enter the Brazilian market if conditions improved.
The Company has also terminated its Triumph Foods, Intl. acquisition agreement, thus allowing the Company to focus on its real estate developments in Baja, Mexico.
More About Rancho La Costa del Cabo MARINA DEL REY, Calif. – January 13, 1999–Garrett K. Krause, President/CEO of Janus International, Inc. (OTCBB: JNUS) confirms that the Company has signed a Letter of Intent to acquire 1,400 acres of pristine real estate in Cabo San Lucas B.C.S., Mexico to build “Rancho La Costa del Cabo”, its world-class, beachfront Spa Resort, Golf and Wellness Center.
Additionally, the Company is finalizing negotiations with Wimberly Allision Tong & Goo, the internationally acclaimed architectural firm responsible for the design and implementation of some of the world’s most palatial spa resort and hotel projects in countries like Japan, Mexico, Sri Lanka, Dubai, Spain, Brazil, Australia, Singapore, Hawaii, among many others.
Planned amenities for the resort include two world-class, 18-hole golf courses, a 50,000 sq. ft. state-of-the-art “wellness” spa, a 150 room 5-star hotel, Mega-Yacht marina, over 900 condominiums and custom homes, and a world-class polo field. Moreover, 15 minutes from the resort is the “Golden Bank”, (hailed by Sport Fishing enthusiasts as some of the finest sport fishing in the world) and negotiations are underway for a private airstrip.
Janus is currently finalizing the organization of Janus Development Corporation, Inc., (J.D.C.) the Company’s 4th subsidiary created primarily to accommodate the scope of this undertaking and develop future international real estate projects.
Mr. Arthur D. Firmes, A.I.A., a thirty-year veteran of the Hotel/Resort & Spa Industry has been appointed as J.D.C.’s President. A design engineer and architect, Mr. Firmes has personally designed, supervised, consulted to and/or built over 100 spa resorts in the US and abroad, including the world renown La Costa Resort Hotel & Spa in Carlsbad, CA.
Garrett K. Krause commented, “With the Company’s recent acquisitions in seafood, Brazilian timber, Oregon’s Sunstone (gemstone) mining property and our current plans for world-wide real estate development, Janus is poised to emerge as a totally diversified, international conglomerate with plans to continue the Company’s expansion through acquisitions that complement our existing subsidiaries and corporate goals.”
About Janus International, Inc.
Janus International, Inc. (OTC Bulletin Board: JNUS) is an international firm dedicated to globally research, acquire, develop and invest in companies, technologies and projects relevant to the real estate industry. Janus International is a subsidiary of Sara Hallitex Corporation, a diversified, full service public venture banking firm, dedicated to acquiring and investing in companies, new technologies or projects that when fully-developed, can “spin-out” as Nasdaq publicly traded companies, providing solid and appreciable long-term portfolio enhancement for its shareholders.
Sara Hallitex Corporation (OTC Bulletin Board: SHAL) holds substantial equity portfolios in the following public companies: Janus International, Inc. (OTC Bulletin Board: JNUS), SolutionNet International, Inc. (OTC Bulletin Board: SLNN), USLab.com, Inc. (OTC Bulletin Board: ULAB), Tril-MediaNet.com, Inc. (OTC Bulletin Board: TMDN) and forthcoming SaraIPO’s SaraOnline.com, Inc. and TheMovieSource.com.
Statements in this release are made pursuant to the ‘Safe Harbor’ provisions of the Private Securities Litigation reform Act of 1995. Investors are cautioned that such forward looking statements involve risk and uncertainties, including without limitation, continued acceptance of the Company’s services, increased levels of competition and dependence on the performance of the management of the company.
More About Rancho La Costa del Cabo MARINA DEL REY, Calif. – January 13, 1999–Garrett K. Krause, President/CEO of Janus International, Inc. (OTCBB: JNUS) confirms that the Company has signed a Letter of Intent to acquire 1,400 acres of pristine real estate in Cabo San Lucas B.C.S., Mexico to build “Rancho La Costa del Cabo”, its world-class, beachfront Spa Resort, Golf and Wellness Center.
Additionally, the Company is finalizing negotiations with Wimberly Allision Tong & Goo, the internationally acclaimed architectural firm responsible for the design and implementation of some of the world’s most palatial spa resort and hotel projects in countries like Japan, Mexico, Sri Lanka, Dubai, Spain, Brazil, Australia, Singapore, Hawaii, among many others.
Planned amenities for the resort include two world-class, 18-hole golf courses, a 50,000 sq. ft. state-of-the-art “wellness” spa, a 150 room 5-star hotel, Mega-Yacht marina, over 900 condominiums and custom homes, and a world-class polo field. Moreover, 15 minutes from the resort is the “Golden Bank”, (hailed by Sport Fishing enthusiasts as some of the finest sport fishing in the world) and negotiations are underway for a private airstrip.
Janus is currently finalizing the organization of Janus Development Corporation, Inc., (J.D.C.) the Company’s 4th subsidiary created primarily to accommodate the scope of this undertaking and develop future international real estate projects.
Mr. Arthur D. Firmes, A.I.A., a thirty-year veteran of the Hotel/Resort & Spa Industry has been appointed as J.D.C.’s President. A design engineer and architect, Mr. Firmes has personally designed, supervised, consulted to and/or built over 100 spa resorts in the US and abroad, including the world renown La Costa Resort Hotel & Spa in Carlsbad, CA.
Garrett K. Krause commented, “With the Company’s recent acquisitions in seafood, Brazilian timber, Oregon’s Sunstone (gemstone) mining property and our current plans for world-wide real estate development, Janus is poised to emerge as a totally diversified, international conglomerate with plans to continue the Company’s expansion through acquisitions that complement our existing subsidiaries and corporate goals.”
Contact: Garrett K. Krause, 310-823-8088, [email protected], or Investors: Kristen Corri, 305-377-0064, [email protected], both of Sara Hallitex Corporation http://www.JanusInternational.com http://www.sarahallitex.com Also See: Sol Melia Commits $153 Million for Renovations and Expansions in Mexico / April 1999 Resort Investment and Development; An Overview of an Evolving Market / Economics Research Associates / 1999