VANCOUVER, British Columbia, June 18 /PRNewswire-FirstCall/ -- Rancho Santa Monica Developments Inc. (OTC Bulletin Board: RSDV) "the Company or RSDV" has signed a letter of intent to build, joint venture and develop the hotel site in Vancouver with DE COTIIS GROUP WINDSOR HOLDINGS LTD., Nick De Cotiis, President, CEO, Director and a prominent member of the De Cotiis Family. De Cotiis Group Windsor Holdings Ltd. "DCG" is a major and important addition to RSDV's development objectives. "DCG will bring its exceptional skills, experience and leadership to the RSDV team. We are very excited about working with a reputable builder such as the De Cotiis Group of Companies. They have the financial resources, reputation and experience to assist RSDV in making this Development come to fruition," quoted company President, Graham Alexander.

Mr. Nick De Cotiis is a well-established and prominent Vancouver, British Columbia businessman, President, Chief Executive Officer and Director of the De Cotiis Group of Companies: Land Development, Builders, Investments and Property Management. Further, Mr. Nick De Cotiis has played a prominent role in philanthropy, supporting various charitable organizations including Athletics 4 Kids, Children's Hospital and Lions Gate Hospital. He attended Simon Fraser University in BC Canada.

"DCG brings tremendously valuable experience, skills and knowledge to the table that will enable RSDV to mature as a premier Resort Developer on the west coast of Canada. I am highly confident in the development opportunities with RSDV," said Nick De Cotiis. "I am impressed with RSDV's current business plan and objectives. As President of DCG, I intend to work closely with the RSDV board and staff to build valuable and sought after resorts. This will help grow a premier resort company using top-notch advisors, consultants, employees, strategic partners, and of course all focused on top-notch projects," said Nick De Cotiis.

Mr. Nick De Cotiis has over 25 years of experience as a real estate developer and builder.

Privately owned, De Cotiis Group/Companies and Family have a portfolio of projects developed and/or underway cumulatively valued in excess of 10 billion dollars. Mr. Nick De Cotiis has served as a director and officer of numerous private and public companies and is one of the more significant business professionals in Vancouver, Canada. De Cotiis Family projects include Condominium Hi-rise Towers, Hotels, Business Parks, Office and Shopping Centres.

SOURCE Rancho Santa Monica Developments Inc.