06 to earnings per share in the current fiscal
year. Many
opportunities lie ahead, and we look forward to capitalizing on the
tremendous synergies
that come from this partnership.
CALYON, Paris, a division of Credit Agricole, is acting as
exclusive
financial advisor to Quiksilver, Inc.
About Quiksilver:
Quiksilver designs, produces and
distributes clothing, accessories
and related products for young-minded people and develops brands
that
represent a casual lifestyle-driven from a boardriding heritage.dcshoecousa.com and
http:
//www. The ASI's primary goal is to promote the safe and
responsible use of ATVs, thereby reducing
accidents and injuries that
may result from improper ATV operation by the rider. At a minimum, always
wear a helmet, face shield or
goggles, long sleeved shirt, gloves, long pants and leather
boots.
Supervise children riding ATVs at all times.
Of course if you're just out for the
ride, you could just enjoy the day cruising and carving down the mountainside.
aes snowboards
Rossignol has a tremendous
history in the mountains and continues as
the number one company in alpine ski products.viavid.com
It has been featured in the ESPN X-Games for several years and has been rapidly
growing in popularity.
skiers snowboards
50 per share (EUR 19., and JPMorgan has
committed to finance the transaction
. For more
information, please visit the Company's website at www.
3. For safety
information
or to enroll in the ATV RiderCourse(SM) nearest you, visit
www.ATV Riding Tips for Safe Summer Fun
The 4-H Community ATV Safety Program recommends these tips for ATV safety:
* SELECT the right model ATV. Never carry a passenger or hitch a
ride.deeply ibis
PA on Eurolist
by Euronext),
the world leader in winter sports., stated, "The
alliance of our two companies is
a natural development. I have been
intimately involved with the Rossignol Group for fifty years,
and this
combination offers a bright future and prospects for growth and
development wholly consistent
with the group's past achievements and
strategy, to which clients and employees alike are sensitive
. and Cleveland Golf. Eastern Time.
About the Rossignol Group:
The Rossignol Group is the
world's leading manufacturer of
wintersports equipment.rossignol.hawkclothing.
4. Children
are at the highest risk, with the under-16 age group accounting for more than
31% of injuries
in 2003.org.snowboards skiboarders
WASHINGTON, Memorial Day weekend signals the start
of summer fun for many people
, a time for enjoyable outdoor activities such as
riding ATVs (all-terrain vehicles).
* PERFECT your skills. With skiboards, you can go to the places skiers can and then some.
Find yourself
off in deeply wooded back-country and don't worry about your skis being so long you get caught between
trees on turns or hit all of the big jumps and rails in the terrain park and don't worry about the added
weight of a full-size ski holding you down to earth.
snowboarders viedeos
, Chairman of the Board and Chief Executive
Officer
of Quiksilver, Inc. My endeavors
with the Quiksilver-Rossignol group are such that there cannot be
a
better transaction that would guarantee the longevity of the group
that I have built. Boix-Vives
will have a key advisory role
with both Quiksilver, Inc. Please refer to Quiksilver's SEC
filings
for more information on the risk factors that could cause
actual results to differ materially from
expectations, specifically
the section titled "Forward Looking Statements" in Quiksilver's Annual
Report on Form 10-K.ATVSafety.org.worry skiers
Business Editors/Apparel/Textile Writers/Sports Editors
HUNTINGTON BEACH, Calif. Rossignol has
tremendous brands based on many seasons of product
excellence and
performance, and this planned strategic union will unlock tremendous
opportunities
for growth."
Mr.
Quiksilver's authenticity is evident in its innovative products,
events and
retail environments across the globe.
Quiksilver's primary focus is apparel, footwear and related
accessories for young men and young women under the Quiksilver, Roxy,
DC Shoes, Raisins, Radio
Fiji and Island Soul labels.skis skiboards
This
alliance marks the next stage in our evolution as we together become
the world's leading outdoor sports lifestyle company. Boix-Vives and launch a public tender offer
for the
minority shares at $25.
NOTE: For further information about Quiksilver, Inc.quiksilver
. Parental supervision is a key element
to a child's safety, and children under the age of 16 must
be
supervised at all times when operating an ATV.
8.4husa.This sport is the newest revolution
in skiing.
ssc aes
Just as Quiksilver is the leader in boardsports, Rossignol
leads the winter sports market
, and Cleveland is a powerful force in
golf. I see in
Quiksilver a corporate culture and commitment
to sports and
entertainment that are Rossignol's priorities since the very
beginning. Our team
is
energized and motivated, our future is bright and we move forward with
a powerful portfolio
of brands and significant prospects for growth."
Quiksilver will purchase a majority holding of the
Rossignol Group
controlled by Mr. The purchase of the majority holding will be paid for with
approximately
30% in shares of Quiksilver, Inc. The broadcast will be hosted
at www. If
you do not have Windows
Media Player, go to the latter site prior to
the call, where you can download the software for free
. Learn and follow your
state's ATV operation laws and read the manufacturer's warning label
on every machine.ssc skiboardsonline
m.
Almost 90 percent of youth ATV-related injury incidents occur when
a
youth is operating an adult-sized ATV, meaning that the engine size is
greater than 90 cubic
centimeters. Every child under the age of 16
should be supervised and should never be permitted to
ride an
adult-sized ATV.
5. Be courteous to hikers, bikers, cars and other ATV operators
.atv-youth.ibis snowboards
Quiksilver Announces Planned Acquisition of the Rossignol Group; Accretive Combination Creates
the Number One Outdoor Sports Lifestyle Company
(NYSE: ZQK) announced an agreement in principle
to acquire the Rossignol Group SA (SKIR. Its current position is
based on the vision of one man
, Laurent Boix-Vives.00 per share), which
equates to a purchase price of approximately $320 million
for 100% of
the shares.
The acquisition is subject to customary regulatory approvals in France
and elsewhere, and has been submitted to the workers council for
review. It offers a full range
of products for all
disciplines (alpine, nordic, snowboard) and all product families
(skis, bindings
, boots, poles, and boards) under the brand names
Rossignol, Dynastar, Lange, Look, Kerma, Hammer
and Risport. The top risk factors involving ATV accidents include riding
double and riding
on pavement.skiboardsonline snowboards
The combination of Quiksilver and Rossignol will
create the global leader in the outdoor
sports lifestyle market. McKnight Jr.5 years. Never ride on public roads -- another vehicle could hit
you. Never carry a passenger on a single-rider vehicle.
ssc blading
Furthermore, we both share the same values
, culture and
philosophies, making this combination that much more compelling. Mr. Quiksilver also
manufactures apparel, footwear and related accessories for boys
(Quiksilver Boys and Hawk Clothing
), girls (Roxy Girl, Teenie Wahine
and Raisins Girls), men (Quiksilveredition and Fidra) and women
(Leilani swimwear), as well as snowboards, snowboard boots and
bindings under the Lib Technologies
, Gnu, DC Shoes, Roxy and Bent
Metal labels., you are
invited to take a look at our world at http:
//www.
* PROTECT your body.ess ibis
reported revenues of $1. and 70% in cash, a
portion of which
will be deferred, while the minority holding will be
purchased for 100% cash. Additionally, the
Boix
-Vives family will retain a portion of its direct ownership, an
approximate 35% interest, in Cleveland
Golf for at least 4. Quiksilver's products are sold throughout the world,
primarily in surf shops
, skate shops and other specialty stores that
provide an authentic retail experience for our customers
.
Additionally, the Rossignol Group designs, manufactures, and markets
golf products under the
Cleveland Golf brand name.
7.skis blading
----March 22,
2005--Quiksilver, Inc.
Quiksilver believes
the acquisition will be accretive by between $0. These
forward-looking statements are subject to
risks and uncertainties, and
actual results may differ materially.
Consumer Product Safety Commission
data show that over 90 percent
of all ATV-related fatalities are the result of warned-against
behaviors
.atvsafety.
bodied aes
Headquartered in Voiron, France, the Rossignol Group achieved
total sales
of approximately $625 million for the twelve months ended
September 30, 2004.net.skiboard frontside
The company's broad
product line includes skis,
ski boots and bindings, snowboards, snowboard boots and bindings, and
related apparel and accessories, as well as golf clubs and golf
apparel and accessories. The transaction
is expected to close during Quiksilver's third
quarter.
ASI
The All-Terrain Vehicle
Safety Institute(R) (ASI), a
not-for-profit division of the Specialty Vehicle Institute of
America
(R) (SVIA), was formed in 1988 to implement an expanded
national program of all-terrain vehicle (ATV
) safety education and
awareness. Ride only on designated trails, never on or alongside paved
roads.snowboarders revel8
Rossignol's strong stable of brands is a perfect complement to
our portfolio. Take
an ATV RiderCourse; Call Toll-Free at 800-887-2887, or go
to www. Once you do, you will be
a believer.
ess snowblading
ATV Safety Institute Summer Safety Alert for All-Terrain Vehicles
2. Supervise
riders younger than 16; ATVs are not toys.org and click on "Online Enrollment," or call
800-887-2887
. Maintain recommended tire pressure, make sure
your brakes are adjusted correctly, check
that fuel and oil levels are
sufficient, ensure that all connections and cables are secure
and test
your headlights and taillights.skiboarding cracked
The Rossignol Group owns and
operates a diversified
portfolio of premier brands including
Rossignol, Dynastar, Lange and Look in winter sports, as well
as
Cleveland Golf.04
and $0.
Robert B., commented, "Joining forces with Rossignol
allows
us to create the number one outdoor sports lifestyle company in
the world. The Rossignol
Group
's product range also includes apparel and accessories. Parents literally hold
the key to their children
's safety.
With approximately 6. The ATV Safety Institute has eight Golden Rules of ATV
safety
that address these behaviors and apply to all riders:
1. Always wear a helmet and other protective
gear. Ride only on designated trails at a safe speed. According to the United States Consumer Product
Safety Commission,
more than 125,500 people have been seriously injured in ATV-associated
accidents
since 1982, and more than 5,700 people have been killed. 4-H is a community of young
people across
America who are learning leadership, citizenship and life
skills.mountainside bodied
McKnight concluded, "Over the years
we have successfully
evolved from a surf brand to the premier boardsports company. Every ATV has
an ignition key, and
when a parent or guardian controls the key, they control the use.2 million ATVs
in use in the United States
being operated by over 15 million Americans, it is important that all
riders understand the importance of safe and responsible use of ATVs. The guidelines are:
Age 6 and older Under 70cc
Age 12 and older 70cc to 90cc
Age
16 and older Over 90cc
6.org.
* RESPECT yourself, proper use of roads and
trails, other people and
laws.
The 4-H Community ATV Safety Program brings together
youth and adults at
local workshops to learn proper gear, rules and riding techniques.
Be sure
to give it a try.
skiboards ssc
3
billion for its fiscal year ended October 31, 2004. Finally, the offer is excellent
for all Rossignol
shareholders from a financial point of view. To listen to the
broadcast, your
computer must have Windows Media Player installed.com
Safe Harbor Language
This Press
Release contains forward-looking statements.com,
http://www.com,
http://www.quiksilveredition
. Never ride under the influence of alcohol or other drugs. Kids under age 16 years should not be
riding ATVs with engine size over 90cc and under age 12 should not be
riding an ATV
with an engine size 70cc or greater.bindings aes
We share the
same passion for outdoor sports, and we have the
same commitment to
developing outstanding products for our customers around the world.
News
Editors/Consumer Products Writers
IRVINE, Calif.
Summer marks a time when children have more
free time to enjoy
many activities, including ATVs. Ride an ATV that's right for your age. But ATV
safety should never be taken
lightly. Learn proper handling of your ATV by reading the
safety manual that came with your ATV when it was purchased new and
taking an approved
safety course from a certified instructor.blading cracked
Make sure it is right for age, size,
strength
and skill level. For more
information, visit http://www.ess skiboarders
Quiksilver, Inc."
Bernard Mariette,
President of Quiksilver, Inc."
Laurent Boix-Vives, Chairman of the Board of Skis Rossignol SA,
said
, "I am happy to take this next step with Quiksilver. Quiksilver has chosen France for its European headquarters
,
and I have known and had an excellent relationship with Bernard
Mariette, Quiksilver's President
, for a very long time.
Quiksilver announced that the Company's conference call to review
the
acquisition will be broadcast live over the Internet on Tuesday,
March 22, 2005 at 8:30 a.----As
the Memorial Day
holiday weekend draws near the All-Terrain Vehicle Safety Institute
would like
to reinforce the importance of all-terrain vehicle safety. The
helmet should be designed
for motorcycle use, properly fitted and
comply with current US Department of Transportation
safety standards.
* INSPECT your vehicle. To become part of the 4-H adventure, check out
http://www.skiboardsonline skiboarding
A community sponsored library.
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