Caribbean Real Estate Attractive to U.S. Buyers According to Information Released by RE/MAX International

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Among the growing markets in the Caribbean, Cardenas cited Turks + Caicos,
Belize, Grenada, St.

Croix, St.

from Denmark.

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Maarten in the Netherlands Antilles, on St.
Martin in the French West Indies, on Puerto Rico, and on Antigua in the
independent nation of Antigua and Barbuda.

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In
Honduras, for example, you can purchase up to 3/4 acre of land in your own
name without forming a corporation. Prices range from $500 to $1,000 per square foot. The operation has sales and
services offices in Boca Raton, Bonita Springs , Miami, Naples, Orlando and
Tampa, as well as in Buffalo, New York.

citizenship to Virgin Islanders in 1927.

rico islands

, The Caribbean real
estate market for American buyers is strong and getting stronger, according to
Ricardo Cardenas, vice president and regional director of RE/MAX of the
Caribbean and Central America.
"Many people think of the Caribbean as the string of islands running from
Florida all the way to Venezuela, but Central America also has a Caribbean
coast and prices are generally lower there.

remaining discovered

"Property values are low in many areas, but they are appreciating
rapidly, so a relatively small investment can yield good returns.S.

2 million.

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Forward-Looking Statement
This press release may contain statements, which are not historical facts
and are considered forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995.

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"Purchasing properties in the Caribbean could
be a good hedge against a domestic market that is slowing down," said
Cardenas."
Cardenas added that the Caribbean is going through its biggest high-end
property building periods, although there are still many bargains to be found. Croix, St. Kitts + Nevis, St.
Cardenas said multiple listing services, such as those found in the United
States, are still relatively rare in the Caribbean.

Devcon Signs Purchase Agreement to Acquire Electronic Security Services Assets From Adelphia Communications Corporation

, Devcon International Corp.
The transaction is scheduled to close on or before February 28, 2005 and
is subject to United States Bankruptcy Court approval and a hearing regarding
the approval is scheduled for later this week. The operation has been ranked as the
19th largest electronic security services business in the United States by
Security Dealer Magazine. The
Construction Division dredges harbors, builds marine facilities, constructs
golf courses and prepares residential, commercial and industrial sites,
primarily in the Bahamas and the eastern Caribbean. DevMat, an 80-percent-owned joint
venture, was formed in 2003 to build, own and operate fresh water, waste water
treatment and power systems.

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in the U.

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named remaining

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The estimated purchase price for the acquired net operating assets is
approximately $42.

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Mature, and pricier, markets, according to Cardenas, include Cayman
Islands, St.
Whatever kind of property a consumer is looking for in the Caribbean,
Cardenas said, the help of a full-time real estate agent is crucial.

1493 islands

Opportunities exist to consolidate the operations of DSS and Adelphia
Security, and we are optimistic that DSS will benefit from an increased market
presence as a result of this platform acquisition. Croix and St.
Devcon does not intend to and undertakes no duty to update the information
contained in this press release.

Thomas , and St.

caribbean citizenship

"These areas are less traveled, and have less
infrastructure, but attractive prices, ranging from $200 to $500 per square
foot.
(Nasdaq: DEVC) today announced that, in pursuit of its strategy to expand its
security services division, Devcon Security Services Corp. Ruzika, President of Devcon
and DSS, said, "The acquisition of Adelphia's security services operation
would make DSS a leader in the Florida electronic security services market.
Adelphia's electronic security services operation being acquired is a
leading provider of installation, monitoring and related security services to
commercial and residential customers in Florida. You should not rely on
forward-looking statements because Devcon's actual results may differ
materially from those indicated by these forward looking statements as a
result of a number of important factors.

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1493 nine

Virgin Islands, Cayman Islands , and Turks + Caicos. ("DSS") was the
successful bidder for certain net assets of Adelphia Communications
Corporation's (OTC Pink Sheets: ADELQ) electronic security services operation,
Starpoint Limited Partnership, and has entered into a purchase agreement with
Adelphia to acquire the operation. The assets to be acquired include a modern, full-
service monitoring center located in Naples, Florida , from which more than
57,000 subscribers' homes and businesses are monitored.

virgin were

"Tourism is
well -established in these areas and you can easily find 5-star hotels and
other amenities. DSS will be funding the
transaction through available cash and a senior secured long-term debt
facility. After taking into
consideration the planned acquisition and DSS's existing security services
business , DSS would be providing security services to more than 62,000
customers.

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They are available in the
U."

RE/MAX International has 220 affiliated sales associates in the Caribbean,
working out of 35 offices and properties listed by RE/MAX agents in the
Caribbean can be accessed at http: //www.remax.8 million in cash, based substantially upon estimated
contractually recurring monthly revenue of approximately $1.

They were discovered by Columbus in 1493.

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granted discovered

"
High -end properties in the Caribbean range from the high six figures to as
high as $40 million. "You
need to use someone who is based in the immediate market you're interested in,
knows the price trends, and is well-versed in local regulations. DEERFIELD BEACH, Fla.S. Virgin Islands, on St.

The Virgin Islands are group of about 100 small islands located at the East of Puerto Rico.

congress purchased

These forward -looking
statements contain projections of Devcon's future results of operations,
financial position or state other forward-looking information. These factors include, but are not
limited to: general economic and business conditions; our business strategy
for expanding our presence in our industry; anticipated trends in our
financial condition and results of operation; the impact of competition and
technology change; existing and future regulations effecting our business, and
other risks and uncertainties discussed under the heading "Risks Related to
our Business" in Devcon's Form 10 -K report for the period ending December 31,
2003 as filed with the Securities and Exchange Commission , and other reports
Devcon files from time to time with the Securities and Exchange Commission.

congress discovered

Many islands have a U.
In announcing the successful bid, Stephen J. In some cases
you can identify these statements by forward looking words such as
"anticipate," "believe," "could," estimate," "expect ," "intend," "may,"
"should," "will," and "would" or similar words.

rico 1927

John (USVI), Puerto Rico, and Jamaica.com . The
purchase price is subject to adjustment, based primarily on the final
contractual recurring monthly revenue calculation.

congress us

S. The
new Security Services Division provides electronic security services to
commercial and residential customers in selected Florida markets. The Materials Division
produces and distributes crushed stone, ready-mix concrete and concrete block
in the eastern Caribbean with principal operations on St.

In 1917, these islands were purchased by the U.

islands islanders

"
Cardenas called second home purchasing in the Caribbean a relatively low
risk process. "If you plan to use a second property for short vacations, up
to 30 days, typically no visa is required. or
British title system and there are no restrictions on full ownership. You can find some surprisingly
affordable homes in Panama, Costa Rica and the Bay Islands in Honduras.

croix 1666

About Devcon
Devcon has three operating divisions and an operating joint venture.

Six out of the nine main islands has been British since 1666.

John), as well as about 50 of the smaller islands, were eventually acquired by Denmark, which named them the Danish West Indies.

us 1493

GREENWOOD VILLAGE, Colo. "There are few legal limitations on Americans buying homes,"
said Cardenas. Vincent + the Grenadines,
and the Dominican Republic .