TPW Management Names Daniel T. Riley Vice-President

Manchester, VT — TPW Management, a leader in property management in Vermont, announces the promotion of Daniel T. Riley to the position of Vice-President. Riley has 20 years experience in construction management, 5 years of restaurant hospitality experience and over 5 years in property management. He joined TPW in 2004 and has been in the position of Project Manager, I)ortfolio Manager and most recently Southern Vermont Regional Manager. As the Regional Manager he has direct responsibility for the management of 1,400 units in four separate portfolios. The Portfolios are located near ski areas that include Stratton, Mount Snow, Killington and Okemo. In addition to these portfolios in the Southern Region, TPW also manages properties in Burlington, VT.

"Our firm's regional business model and approach to property management are unique in the industry," explains Paul W. Carroccio, TPW's President. "In order to provide professional service to the homeowners at the communities we manage, we need highly motivated and skilled people. Dan has those attributes -and has been instrumental in making TPW one of the largest companies to manage Resort area condominium and townhouse communities in the state".

With a background in capital asset management, construction management, public recordkeeping, and community governance capabilities, Riley has helped position the Company for exponential growth. He has achieved the Certified Manager of Community Associations (CMCA) and Association Management Specialist (AMS) certifications from the Community Association Institute. Those holding these certifications are recognized as professionals in property management with the education and skills to perform to a very high level of professionalism. Dan's commitment to excellence helps TPW perform as its slogan implies: "Go play. Leave the work to us."

"I am very excited to be named Vice President of TPW. In my entire career I have looked for opportunities that would allow me to use all of my skills and talent to the benefit of clients," says Riley. "All of us at TPW Management are provided with whatever is necessary to achieve what we strive for. This is a unique opportunity for me and I look forward to making a difference for the Company".

With offices in Manchester, Burlington, Ludlow, Killington, Mt. Snow, and Stratton Mountain/Bondville areas, TPW Management now manages more than 1500 units in Vermont. Deploying the expertise of in-house team of Certified Water System Operators, TPW also manages and operates 30 community-based and municipal water systems throughout the state.

The company also employs Community Association Institute certified managers with specialties in the areas such as financial management, community association governance, and capital project management. In addition to maintenance staff, licensed engineers with backgrounds in structural/building design and construction are also in-house.

"Our service technicians, engineers and managers have a deeper understanding of property, infrastructure, and building issues than any known competitor in Vermont, New Hampshire, Upstate New York, and Maine" suggests Paul T. Carroccio, TPW's founder. "Dan embodies what we look for in a manger and we are pleased to promote him to Vice President."

Named as "One of the Top Ten Places in Vermont to Work" by Vermont Business Magazine, TPW is majority owned by the father/son team of Paul W. & Paul T. Carroccio who insist on treating their employees - their greatest asset - as if they too were family. For more information about TPW Management, visit www.tpwmanagement.com or call 888-297-4TPW.

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