Bolle North America to Distribute Reusch Gloves.RYE, N.Y.--(BUSINESS WIRE)--Oct. 9, 1998--Bolle Inc.(Nasdaq:BEYE), today announced that as of January 1, 1999, Bolle North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , distributor of Bolle premium eyewear for sports and recreation, has been named the exclusive North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. distributor of Reusch winter sports winter sports: see bobsledding; curling; hockey, ice; ice dancing; ice skating; skiing; snowshoes; tobogganing. gloves. This was jointly announced by Bolle Inc. President and Chief Executive Officer Gary Kiedaisch and Pier Righi, President of Reusch International GmbH & Co. KG. Reusch winter gloves were distributed in North America by Pentland USA, which will continue North American distribution of Reusch soccer gloves. Historically, Reusch International has sold approximately $2.5 million of winter gloves per year in the North American market. In making the announcement, both executives said that the Bolle/Reusch distribution agreement is complementary. Bolle's line of premium sunglasses and goggles goggles, n the protective eyewear worn by dental personnel and patients during dental procedures. goggles see periocular leukotrichia. for skiing and snowboarding and the Reusch line of gloves for winter have much in common. Reusch has a 40% market share of the winter glove market in its native Germany and is one of the top brands worldwide. Bolle is the No. 2 brand worldwide in the sports eyewear category. Both Reusch and Bolle have longstanding commitments to the U.S. Ski Team. Bolle is a member of the Ski Team Pool and Kiedaisch serves on the U.S. Ski Team s Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. . Reusch, whose reputation for performance has been made on race courses around the world, is the official glove of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Ski Team through the year 2002. Mr. Gary Kiedaisch, Chief Executive of Bolle Inc., commented, "Reusch's worldwide positioning is a perfect match for the Bolle brand. During the past year, Bolle has refocused worldwide on its core business of premium eyewear for sports. Our products both enhance and protect the vision of our customers, and Reusch gloves enhance and protect the winter sports experience in much the same way. We both share high technology design and precision manufacturing, and the products are seen in the same category by the consumer." Mr. Kiedaisch concluded, "This distribution agreement will allow us to test synergies with a related product into our existing customer base and leverage the profitability of our North American distribution unit. The success of this alliance could lead to other profit enhancing opportunities in the future." Bolle Inc. (Nasdaq: BEYE), is a vertically integrated designer, manufacturer and marketer of Bolle(R) branded eyewear, including Bolle(R) premium sunglasses, goggles, and tactical and safety eyewear. Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Bolle Inc.'s actual results could differ materially from those expressed or indicated by forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, changes in fashion trends, risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the retail industry, use of contract manufacturing and foreign sourcing, import restrictions, competition, seasonality and other factors. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in the Company s filings with the Securities and Exchange Commission. |
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