MIAMI, March 29, 2004 (PRIMEZONE) -- Azur International, Inc. (OTC:AZUR.PK), a luxury residential and resort development company, announced today the launch of Place des Arts, their latest luxury waterfront development project. Construction crews have broken ground for this one-of-a-kind luxury condominium complex to be built on Hendricks Isle in Ft. Lauderdale, Florida.
Place des Arts was designed by award-winning architect Shane Aimes and world famous artist Peter Kuckei (www.peterkuckei.de). The exclusive original property featured on Hendricks Isle in Ft. Lauderdale, consists of 10 luxury waterfront condominiums ranging from 3,500 - 4,400 square feet each, including a deeded boat slip that can accommodate a 50' boat. The slip allows immediate access to the Florida state Intercoastal Waterway as well as swift access to the Ft. Lauderdale Harbor and the Atlantic Ocean.
According to Jeffrey Grene, Vice President of Development, "This utilization of art, culture and environment comes together in this unique modern but timeless design. Place des Arts is a very exciting venture for Azur with feature homes priced from $1.35 to $1.60 million. These homes, which represent the latest in urban living coupled with a waterfront lifestyle, are situated a block away from the Las Olas area shops and boulevard and less than nine-tenths of a mile from the ocean."
Azur International, Inc., based in Miami, Florida, is a publicly traded holding company that currently develops and markets luxury residential and resort properties. Azur Development Corp., a subsidiary, is responsible for the development and construction of the various projects. Place des Arts is one of three luxury residential projects Azur is currently developing in Fort Lauderdale's Las Olas area. Additionally, there are several real estate projects under consideration, including the purchase and development of luxury hotels and resorts, domestically and internationally, and land purchases in strategic areas that will provide inventory for future development or sale.
For additional information about Azur International, Inc, please visit their website at: (www.Azur-Int.com).
Safe Harbor
The Private Securities Litigation Reform Act of 1995 may provide a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of Azur International, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.