All Eyes on LFC`s Ski Resort Auction as Online Bidding Commences

BEAVER, Utah--(Business Wire)--
The online auction of the former Elk Meadows Ski Resort in Beaver County, Utah,
has drawn significant attention from potential investors across the globe,
according to the LFC Group of Companies, the online auction marketing company in
charge of the sale. After receiving nearly 9,000 visits to the property webpage,
LFC has moved the auction to an online bidding format, allowing registered
bidders to compete for this property in a fair and transparent online auction.

"The property is unique and represents an incredible development opportunity for
a buyer with vision," said LFC`s Director of Sales Shawn Miller. "Still, the
positive response is not unexpected. Take a special project like Elk Meadows,
add our industry-leading online platform and auction strategy, and you`ll get a
global event, replete with significant interest and widespread media attention."

This latest auction campaign for this non-operational ski resort further
bolsters LFC`s reputation as a versatile auction marketing company capable of
selling all types of properties, from mountains, to vacant farm land, to brand
new office condominiums. That reputation is backed by the company`s long and
storied 30-year history of selling properties for a range of sellers in an array
of situations, making LFC an industry leader in the online auction of real
estate.

The Elk Meadows auction is presently in "Last Call," LFC`s patent-pending
feature that automatically extends the auction deadline whenever a new bid is
received. To view the current high bid amount and bid deadline, go to
www.LFC.com/820R3.

LFC Group of Companies

For more than 30 years, the LFC Group of Companies has served numerous Fortune
500 companies, real estate developers, investors, financial institutions and
government agencies by auction-marketing thousands of commercial, industrial,
land and residential properties with an aggregate value well in excess of $5
billion. The company`s latest venture is the online auction of mortgage notes.

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LFC Group of Companies
James Gerber, 949-706-6135
jgerber@lfc.com

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