Intrawest Tags Forsayeth As New CFO

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SAM Magazine - Vancouver, B.C., May 29, 2007 - Intrawest has announced that the company has appointed Michael Forsayeth as chief financial officer. Forsayeth will head Intrawest's global financial operations, reporting directly to president and COO Alex Wasilov.

Based out of Intrawest's global headquarters in Vancouver, Canada, Forsayeth has served in a variety of roles, most recently as chief financial officer for Cara Operations Ltd., the largest operator of full service restaurants in Canada and a leader in the airline catering, foodservice distribution and travel concession industries.

During his eight-year tenure with Cara, Forsayeth led and financially engineered all aspects of the business, including Cara's privatization transaction that came to a successful completion in February 2004.

"We are extremely pleased to welcome Michael to Intrawest's executive team," says Wasilov. "He brings a broad base of financial experience and global expertise to Intrawest, as well as a solid reputation among the financial community and a deep understanding of Intrawest's business. I am confident that Michael will drive our unrelenting focus on building value for Intrawest's shareholders." \