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Brass Eagle Inc. Denies Misinformation Disseminated by Website Hacker.


Business Editors

BENTONVILLE, Ark.--(BUSINESS WIRE)--Aug. 23, 2001

Brass Eagle Inc. (Nasdaq: XTRM XTRM Extreme ) the worldwide leader in the manufacturing, marketing and distribution of paintball paintball Sports medicine A sport in which marble-sized gelatin capsules filled with a nontoxic dye are shot at speeds of 300 kph/200 mph Warning:  products today reported that a web site hacker disseminated unsubstantiated misinformation mis·in·form  
tr.v. mis·in·formed, mis·in·form·ing, mis·in·forms
To provide with incorrect information.



mis
 about the company.

Brass Eagle stated that the claims are completely erroneous and without merit. The Company has reported the details of the occurrence to the appropriate authorities, including law enforcement officials and the NASDAQ, to ensure that the incident is investigated and handled in a proper and timely fashion. In addition, the Company said it is taking all the necessary precautions to ensure the protection of its employees, customers and shareholders.

The Company further stated that it continues to expect fiscal 2001 sales to range from $100 million to $105 million and diluted earnings per share diluted earnings per share

An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of
 of approximately $1.00.

Brass Eagle is unique in providing a full line of paintball markers This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.
You can assist by [ editing it] now.
 and accessory products from beginner through competition level. The Company is the dominant supplier of products for this rapidly growing sport. Brass Eagle was named one of the "Top 100" Hot Growth Companies by Business Week magazine in 1998, 1999 and 2001, and one of the IW Growing Companies 25, America's Most Successful Small Manufacturers by Industry Week magazine.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 23, 2001
Words:208
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