Classic Residence by Hyatt in Palo Alto Becomes PaloAltoGreen Member

Community Joins Renewable Energy Program

PALO ALTO, CA, JANUARY 29, 2009

The City of Palo Alto Utilities (CPAU) announced today that Classic Residence by Hyatt in Palo Alto will purchase renewable energy through PaloAltoGreen, CPAU's renewable energy program. Classic Residence by Hyatt will purchase the equivalent of the annual output of one-half of a large-scale wind turbine.

The Classic Residence by Hyatt’s in Palo Alto renewable power commitment—1,320,000 kilowatt hours annually derived from clean wind and solar generation sources—is one of the larger clean power commitments to PaloAltoGreen. It enables Classic Residence by Hyatt to join the U.S. EPA Green Power Partnership. “We are pleased by Classic Residence by Hyatt’s participation in PaloAltoGreen,” said Brian Ward, PaloAltoGreen Program Manager. “We hope other businesses in our community will follow its lead and add additional support for renewable energy through PaloAltoGreen.”

Classic Residence by Hyatt’s clean power commitment in Palo Alto will avoid the annual release of 1,598,520 pounds of carbon dioxide, a potent greenhouse gas. This has the annual environmental equivalence to protecting 164 acres of trees or removing 132 cars from the road.

“Classic Residence by Hyatt is committed to making Classic Residence by Hyatt in Palo Alto as environmentally friendly as possible. Our purchase of renewable energy through PaloAltoGreen is one of many ways we are trying to reach this goal and add value for our residents,” said Steve Brudnick, executive director, Classic Residence by Hyatt in Palo Alto.

About PaloAltoGreen
PaloAltoGreen is a voluntary renewable energy program offered to all residential, commercial and industrial customers within Palo Alto as a way to support energy generated from 100% clean wind and solar power resources at an additional cost of 1.5 cents per kilowatt-hour. CPAU customers can sign up for PaloAltoGreen by visiting www.cityofpaloalto.org/pagreen, by calling (650) 329-2161, or by e-mailing paloaltogreen@cityofpaloalto.org with name, service address and telephone number.

About Classic Residence by Hyatt
Classic Residence by Hyatt is a national leader in senior living that develops, owns and operates communities for older adults in Scottsdale, Ariz.; Monterey, Calif. (owned by Pacifica Companies and managed by Classic Residence by Hyatt); Palo Alto, Calif.; San Diego, Calif.; Highlands Ranch, Colo.; Aventura, Fla.; Boca Raton, Fla.; Hollywood, Fla.; Lantana, Fla.; Naples, Fla.; Plantation, Fla.; Pompano Beach, Fla.; Glenview, Ill.; Chevy Chase, Md.; Reno, Nev.; Teaneck, N.J.; Yonkers, N.Y.; Hilton Head Island, S.C.; and Dallas, Texas. Classic Residence by Hyatt’s newest continuing care retirement community is under development in Scottsdale, Ariz. A major expansion has just been completed in San Diego, Calif. Classic Residence by Hyatt communities have earned honors for being among the nation’s finest, including Platinum, Gold, and Silver Achievement Awards from the National Association of Home Builders 50+ Housing Council. The company’s Web site is at http://www.hyattclassic.com/.

Classic Residence by Hyatt is a privately held company and is independent from Hyatt Hotels and Resorts.