ULI Mexico Council to foment real estate development ties between the US and Mexico.

MEXICO CITY, Mexico - February 1, 2003 - Today Contact Development Company, LLC (CDC), based in San Francisco, CA, with Latin American headquarters in Mexico City, announced that its President, Brett Ellsworth, has been appointed by the Urban Land Institute (ULI) to act as Co-Chair for the recently re-established ULI Mexico Council. This Council will serve as a forum for networking, sharing ideas and generating stronger business relationships within both the Mexican and International real estate communities. The Council will convene at least two times per year, both in Mexico and abroad; the next meeting will be in Miami Beach on May 21, 2003.

Leading the Way to Success
The first Mexico Council Meeting was held at the Presidente Intercontinental Hotel in Mexico City on February 10-11, 2003, with the participation of over 75 Mexican and American real estate executives, including Richard Rosen and Stan Watters, President and Vice President of ULI, respectively, John McCarthy, Director General of FONATUR, (Fondo Nacional para el Fomento del Turismo / Mexican National Trust for Touristic Development), Pedro Aspe, President of Protego (former Secretary of Finance of Mexico), John Newcomb, Principal at KMD Architects and Co-Chair of the ULI Mexico Council with Mr. Ellsworth.

Mr. Ellsworth has been an active ULI Member since 1991, and has spoken at several ULI Conferences over the years, on topics such as "Mexico: Development and Investment Trends" at the Urban Land Institutes Fall Meeting at the Venetian Hotel in Las Vegas, Nevada, in November 2002, and "Latin American Projects and Issues: Punta Mita" at the Urban Land Institutes Latin America Conference on Opportunities in Real Estate Investment and Development at the Miami Beach Convention Center, Miami, Florida, in May 2000. Mr. Ellsworth has also published numerous publications regarding real estate development and investment in Mexican and the U.S., such as "Full Circle: Mexicos Tourism Industry has Come Full Circle", published in the August 2001 issue of Urban Land Magazine, the monthly real estate magazine published by the ULI.

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For more information, press only:
Amanda M. Gigler, 415-673-4935, info@cdcglobal.com

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