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PRESS RELEASES

In Memoriam, W.E. "Bill" Armbruster, RRP

MYRTLE BEACH, S.C., July 7, 2010 – Vietnam veteran, accomplished sailor and SPM Resorts Senior Vice President Bill Armbruster, 63, passed away on June 7 in Myrtle Beach, S.C. He was on a business trip when he collapsed, apparently a victim of heart failure or stroke.

Bill was a licensed real estate professional and an accredited Community Association Manager (CAM) in Florida. He was a Registered Resort Professional (RRP) with the American Resorts Development Association (ARDA), as well as a Certified Building Administrator (CBA) with Building Managers International (BMI) and a Registered Apartment Manager (RAM) with the National Association of Home Builders (NAHB). He joined SPM Resorts, a timeshare and resort condominium management company based in Myrtle Beach, in March 2007 to oversee and facilitate new business development ventures.

Bill enjoyed serving his community and was the subcommittee chairman of the Pinellas County Council of Mayors’ Waterway Management. He was a board member of the Clearwater YMCA, president of the Suncoast Chapter of Building Managers International and was commodore and vice commodore of several sailing organizations.

Bill is survived by his loving wife, Joyce, and two children, Lesley and Andrew.