EVANSVILLE, Ind., Feb. 25 /PRNewswire-FirstCall/ -- Escalade, Inc. (Nasdaq: ESCA) announced that its Directors authorized the purchase of up to $3 million of its common stock on the open market or through privately negotiated transactions at prices deemed advantageous to Escalade. This stock buy back was authorized by Escalade's Directors at the regular quarterly meeting held February 21, 2003.

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