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ESCALADE SPORTS SUCCESSFULLY RENEWS LABOR UNION CONTRACT Escalade Sports, a wholly owned subsidiary of Escalade, Inc. (NASDAQ: ESCA), announced its union employees have ratified a new three-year labor agreement at its Evansville manufacturing facility. The successful negotiation of this agreement ensures there will be no disruption in supply of exceptional, high-quality products. “Escalade Sports has always enjoyed good labor relations,” stated Dan Messmer, President of Escalade Sports, “and we are very pleased with the partnership role the Union plays. Highly skilled and dedicated people allow us to achieve excellence in all areas of our business – from manufacturing to customer service. With this new contract in place we can continue to concentrate on delivering outstanding products at better than market price-value ratios.” The previous contract, which was set to expire on Sunday, April 27, 2003, has been replaced by a three-year contract that began April 28, 2003. Escalade Sports manufactures and distributes a full line of sporting goods products including Table Tennis Tables and equipment, Pool Tables and equipment, Basketball Systems, Game Tables, Archery equipment, Darting Products and Fitness equipment. For more information about Escalade Sports, contact Phil Piccolo, Vice President of Marketing, 817 Maxwell Avenue, Evansville, Indiana 47711, 812-467-1200 or visit the company website at: 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., please contact John R. Wilson, Vice President and CFO at 812/467-1265 or C.W. (Bill) Reed, President and CEO at 260/569-7233. |
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