Leading Developer Tennessee National Announces Partnership with Leading Real Estate Firm Gables & Gates, Realtors

Real Estate Agent with Gables & Gates, REALTORS

Loudon, Tenn. (July 14, 2008) - Tennessee National, the premier master-planned community in East Tennessee, and prestigious Knoxville-based Real Estate firm Gables & Gates, Realtors have officially joined forces to capitalize on the recent increase in sales activity and prospect interest at Tennessee National and to focus their combined efforts to launch an intensive and focused sales and marketing initiative in the community and nationwide.

"It is exciting to experience a definite upturn in buyer interest in this area - we want to be prepared for the upswing in the real estate market by pairing Gables & Gates, Realtors' significant sales experience with Tennessee National's management and development expertise to create Tennessee's best community to live, work and play," said David Cecchele, Medallist U.S.'s Acting Chief Operating Officer.

Tennessee National will rely on Gables & Gates, Realtors' agents to market its exclusive waterfront golf community and manage all facets of the sales operation, under Cecchele's direction, and will no longer retain in-house sales staff. On July 11th, Gables and Gates, Realtors opened a satellite sales office on the Tennessee National property to facilitate selected Gables & Gates, Realtors agents to exclusively market and sell Tennessee National's lots, homes, condos and other products on site.

"By focusing our efforts as a developer on the critical aspects of designing and delivering the best residential, recreational and commercial parcels and creating an exciting, enticing lifestyle community, we now will better serve our customers by giving them the opportunity to work with the sales experts at Gables & Gates," Cecchele said. "We've created the best of both worlds."

Jerry Whitehead, Gables & Gates, Realtors' co-owner, stated, "Medallist has created an exceptional community at Tennessee National - it is a truly unique and stunningly beautiful golf and waterfront development. We are thrilled to be a part of the Tennessee National team and feel this is a natural partnership along with our national and international affiliations with Leading Real Estate Companies of the World, Luxury Portfolio and Who's Who in Luxury Real Estate. We look forward to great success together."

Designed and developed by Medallist, Tennessee National is nestled between the foothills of the Great Smoky Mountains and the banks of the historic Watts Bar Lake and forms a peaceful sanctuary where land and water meet and luxury resides. Located near Knoxville in Loudon, Tennessee, Tennessee National is a master-planned private waterfront golf community boasting a wide selection of spectacular home sites, custom homes, condominiums and premium lifestyle amenities, including an 18-hole private Greg Norman designed signature golf course.

Headquartered in Knoxville, Tennessee, Gables & Gates, Realtors is a leader in real estate sales, specializing in matching clients with not only the perfect home but with the community and neighborhood that best suits their needs and desires. Established in 1998 by founders Jerry Whitehead and Susie Lash, Gables & Gates, Realtors is the premier real estate company in East Tennessee with 65 of the areas most experienced, well-respected and successful sales agents.

Tennessee National is an exceptional master-planned private waterfront golf community offering a wide range of premium amenities, home sites, custom homes and condominiums, owned and developed by Medallist, a premier international developer of master-planned golf communities and a joint venture between Greg Norman's Great White Shark Enterprises and Macquarie Bank of Australia. Modeled on the ambience of the pristine, rolling countryside and mountain retreat aesthetic, Tennessee National blends residential enclaves and commercial destinations to create a world-class community where residents can enjoy an array of live-work-play amenities. Located off Highway 72 in Loudon, Tennessee, the property includes a private, Greg Norman designed Signature 18-hole golf course. For additional information about Tennessee National, please visit www.TennesseeNational.com online or call 865-408-9992.

Formed as a joint venture between Greg Norman's Great White Shark Enterprises and Macquarie Bank of Australia, Medallist is a specialized residential golf course development and golf management company. Medallist's communities have received acclaim and recognition for their design, marketing, amenities and dedication to the protection of the surrounding environment. Medallist creates communities that evolve into lifestyle destinations. Each master plan incorporates the area's topography, natural features and community facilities into neighborhoods and developments people are pleased and proud to call home. For additional information about Medallist, please visit www.medallist.com online or call 912-450-2290.

Gables & Gates, Realtor's headquartered in Knoxville, Tennessee, is the area's leading, locally owned, independent real estate company with national and international affiliation. Gables & Gates, Realtors' extensive experience and expertise in the new home and the resale market, as well as in land development, provides customers with unique access to the latest trends and demographics of the marketplace plus on-line access to the finest listings available. For additional information about Gables & Gates, Realtors, please visit www.gablesandgates.com online or call 865-777-9191.

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