WEST DOVER, Vermont — Following the completion of its purchase from American Skiing Company, Peak Resorts wasted little time assessing Mount Snow’s base area facilities, and have pledged to invest in significant upgrades before the start of the 2007-08 season.

Every building in the base area will be impacted by the upgrades, according to Peak Resorts president, Tim Boyd. This includes the Main Base Lodge and its restaurants, the Clocktower and Ski School buildings, and the base lodges located at Carinthia and Sundance.

“Mount Snow is the flagship ski area for Peak Resorts and we want its loyal guests to see our commitment as quickly as possible,” says Boyd.

Details on specific renovation are not available at this early stage, but with $2 million committed to the project, Boyd says the improvements will go beyond a fresh coat of paint on the walls.

“We’re speaking with contractors, reviewing materials, and really challenging ourselves to come up with ways to make all base area operations more efficient,” says Boyd.

Peak Resorts completed the purchase of Mount Snow and Attitash resorts from American Skiing Company on April 5, 2007. The sale agreement, originally announced on February 16, included all properties and assets of Mount Snow and Attitash resorts, for a purchase price of $73.5 million. In addition, Peak Resorts assumed approximately $2 million in debt and other liabilities related to the resorts.

Mount Snow season passes for 2007-08 went on sale on April 7, 2007. The all-new products include the Nor’easter pass, which is valid with no blackout restrictions at any Peak Resort ski area in the northeast: Mount Snow in Vermont, Attitash and Crotched Mountain in New Hampshire, and Jack Frost/Big Boulder in Pennsylvania. Pricing for the Nor’easter pass for ages 6-64 is $749 through June 1, 2007. Passes can then be purchased for $849 through October 8, 2007, after which the price will be $949. State tax is applicable and not included in listed prices.

More details about all Mount Snow season passes are available at www.mountsnow.com/seasonpasses.html or by calling 800-956-SNOW.
Peak Resorts operates 11 ski areas and 2 golf courses in 6 states. Peak Resorts Inc. is committed to building an enhanced resort experience at each of their properties.