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The Undersea Resort & Residences is Featured in the Robb Report ''Vacation Homes'' Magazine for the June/July Issue

Press Release: Cala Corporation
May 19, 2006
TITUSVILLE, FL -- The Cala Corporation, trading under the symbol of CCAA, is pleased to announce that the company has introduced its private vacation ownership destination club in the prestigious "Vacation Homes," a Robb Report magazine (www.robbreport.com) which is distributed among the most affluent individuals. The UnderSea Resort & Residences Ownership is emerging as a smart, flexible, cost-effective and luxurious way to enjoy free time. The UnderSea ownership club will provide a portfolio of outstanding oceanic vacation residences in the most desirable locations for the exclusive use of its owners. In addition, the oceanic residences have been designed to be the highest quality destination ownership club in the industry. The value of owning such a vacation residence, versus joining non-return equity clubs and paying outrageous maintenance fees, is incomparable.

The total real estate asset inventory is about $600 million per location, and the company believes that the global market for oceanic lifestyle vacation homes is greater than $100 billion dollars. The company is focusing on reaching an approximate 40% pre-sale level in order to receive full financing from major lenders. Several multi-billion dollar bankers have expressed serious interest in financing the first project.

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Contact:
Cala Corporation
J. Joseph Cala, 321-383-8077
www.undersearesort.com

Source: Cala Corporation