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Escalade® Sports Acquires Steve Mizerak™, Inc.

Evansville, IN (March 26, 2002) Escalade®, Inc. (NASDAQ: ESCA), through its wholly owned subsidiary, Escalade® Sports, has acquired substantially all of the assets of Steve Mizerak™ Inc. of Magnolia Park, Florida. The acquisition includes an exclusive line of billiard equipment along with the registered trademarks of "Steve Mizerak", "Mizerak", "The Miz", and "The Miz Collection".

Steve Mizerak is a prominent pool player who holds the 1982, 1983, and 1984 World Pocket Billiard Championship title. He has won over 100 first place championships all over the world, and has a present high run of 421 balls. The cues designed by Steve Mizerak are the ultimate in feel for the professional player and feature Special Joint technology where the joint screws directly into the wood shaft for a Solid Hit!

"The acquisition of Steve Mizerak™ Inc. positions Escalade® Sports to provide our customers with a strong product line that is widely recognized for innovation and performance," states Bill Reed, President and CEO of Escalade®, Inc." "This acquisition compliments our growing ability to provide a superior single source alternative to our fine retailers worldwide."

Escalade® Sports' acquisition of Steve Mizerak™ Inc. continues the company's recent trend of aggressive brand acquisition within its key business segments. Escalade® Sports recently acquired Zue Corporation, manufacturers of the popular Goalrilla™ and Goaliath® brands of basketball systems, the Lifetime Products Table Tennis division, Accudart®, the number one name in darting, U.S. Weight™, manufacturers of free weights, and The Step®, America's original aerobic step, from Bollinger Industries.

For more information on Escalade® Sports, visit website www.escaladesports.com

Escalade® is a quality manufacturer and marketer of sporting goods and office/graphic arts products sold worldwide by better resellers.

For more information on Escalade®, Inc., contact John R Wilson, Vice President and CFO at 812/467-1265 or C.W. (Bill) Reed, President and CEO at 260/563-0621.

 

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