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Microcap & Penny Stocks : KRUZ - European Cruises Corp.

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To: Jonas Grumby who started this subject8/7/2002 9:15:17 AM
From: leigh aulper   of 210
 
The Election Of H. Steven Norton To The Board Of Directors
PR NEWSWIRE - August 07, 2002 08:59
MADEIRA BEACH, Fla., Aug 7, 2002 /PRNewswire-FirstCall via COMTEX/ -- Europa Cruises Corporation (OTC Bulletin Board: KRUZ) announced today that on August 6, 2002, H. Steve Norton was elected to the Company's Board of Directors. Mr. Norton brings impressive and extensive gaming experience to the Company.

Mr. Norton will assist the Company in the development of the Company's Diamondhead, Mississippi property. Mr. Norton previously served as President and Chief Operating Officer of the Sands Hotel & Casino in Las Vegas, Nevada; as President and Chief Operating Officer of Argosy Gaming Company; as President and Chief Executive Officer of the Gold River Gambling Hall & Resort in Laughlin, Nevada; as Executive Vice-President of Resorts International, Inc. and Resorts International Casino Hotel in Atlantic City, New Jersey; and as Vice-President, Treasurer and Comptroller of Paradise Island, Ltd/Paradise Island Casino. Mr. Norton joined Argosy Gaming Company as President and Chief Operating Officer prior to their public stock offering. With Mr. Norton's assistance, Argosy grew from a single casino in Alton, Illinois to the only casino company with operations in all five riverboat gaming states by 1996. Mr. Norton currently serves as President of Norton Management, Inc. and is a principal and member of the Board of Directors of Centaur, Inc. and a member of the Board of Directors of Colorado Casino Resorts. As an Officer and Director of various casino/resort companies, Mr. Norton has been a principal spokesman, along with investment bankers, in raising over two billion dollars of capital through the sale of stock, mortgage bonds, convertible debentures, high yield bonds, and bank syndications.

Mr. Norton previously served as a founder and a Director of the American Gaming Association; as a founder, a Director and Vice-Chairman of the New Jersey Casino Association; as Chairman of the Indiana Gaming Association; as a Director and Vice-President of the Missouri Gaming Association; as a Director of the Illinois River Boat Association and as Chairman of the Casino Commission of the American Hotel Association.

Mr. Norton has also served on the Board of Directors and Executive Committee of the American Hotel Association; as Chairman of the Board and President of the New Jersey Hotel Motel Association; as Director and Vice- President of the Bahamas Hotel Association; as Chairman of the Bahamas Hotel Employers Association; as Director and Treasurer of the Bahamas Employers Confederation; as a Board Member of the Nevada Hotel Motel Association; as Chairman of the Atlantic City Convention & Visitors Bureau; as Chairman of the Nassau Paradise Island Promotion Board; and as a member of the Advisory Board of the Governors Office of Travel and Tourism (New Jersey).

Deborah Vitale, President and Chairman of the Board of Directors, stated: "The Company is honored to have a gentleman with such an extensive gaming background and such impressive experience join its Board of Directors. Mr. Norton's credentials and achievements in the industry speak for themselves. On behalf of the shareholders, I am pleased to welcome Mr. Norton to our Board and look forward to working with him in the future."
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