The Sale of Schwinn/GT Assets

PRESS RELEASES!

And the Latest News and Happings!

Please See The Index Page of the PRESS RELEASES

http://www.genesbmx.com/Schwinn-Press-Releases.html

There are significant synergies between Pacific Cycle and
PTI Sports that will provide a strong foundation going forward.

- In most cases, the same buyers that are responsible for the bicycle
category also manage the parts and accessories category. This allows
for a more efficient and consolidated sales effort.

- Parts and accessories are a natural extension of Pacific Cycle's
current product categories.

- As a division of Dorel, Pacific Cycle has the resources to allow for
greater economies of scale, unique technologies and the ability to
bring new products to market faster in a wide variety of product
categories, including parts and accessories.

- The acquisition of PTI Sports allows for an ease in executing new
marketing initiatives between compatible product lines and developing
wide-reaching, exclusive programs for key retailers.

"We are excited about this transaction as we will be able to quickly
integrate PTI into Pacific Cycle, enabling us to capture and greater
leverage our combined synergies, as well as provide additional
innovative solutions to our customers. We clearly anticipate upside
potential," said Alice Tillett, President of Pacific Cycle.

ACC -
www.phpbb88.com/genesbmx/viewtopic.php?t=5055&mforum=genesbmx

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June 25, 2008
Columbus-Based Dorel Divisions Flood Relief Assistance

Columbus, Indiana --

Dorel Juvenile Group USA and Cosco Home and Office Products,
operating subsidiaries of Dorel Industries Inc. (TSX: DII.B, DII.A; )
announced that they will make a $40,000 donation to flood relief efforts.

The donation will be made to the United Way of Bartholomew County
to help victims of flooding in these Central Indiana communities.

In addition, other Dorel Industries divisions and vendors will be
donating money or products to support the Columbus community.
Dorel Juvenile Group will coordinate distribution of these items
with local agencies. ( MORE )

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June 06, 2008
Schwinn`s TJ Lavin Talks Clothes, Music

Las Vegas, NV --

This week was pretty chill. I was able to do a little video shoot
with Kyle Carlson about my new clothing deal with Ecko Unlimited.

It’s only on www.vitalbmx.com right now, and it was pretty good
because I did my first trick in 7 months. You gotta go check it
out to see it, though. Don’t trip. It isn’t that great, but it
definitely feels great to be back riding for real.

I’m getting ready to take off soon for Panama, and I’m still working
on my new album. This week I worked with a skateboarder named
Cato Williams. He’s a great musician and was a pleasure in the studio.

His family is blessed to do music as his brother is N.E.R.D.’s front man
and world renowned producer Pharrell Williams. He and I are going to
do a big jam soon to benefit his friend who was paralyzed in a horrific
car accident. Stephen Murray will be there to support as well.

There’s no date yet, but I will keep you posted. (It’ll probably be
sometime in the fall.) Speaking of Stephen Murray, I just received
the first cut of the music video we shot last month, and it was definitely
getting the point across.

I thought it was a shot and edited very well, but more importantly it
will hopefully help Stephen’s cause tremendously. I talked to Stephen
today and he seemed very upbeat and positive as usual. He’s currently
working very hard with Dr. John MacDonald in Baltimore to get some
movement back. I wouldn’t put it past him to do something amazing
over the next few months. Well, that’s if for this week.

Until next time, much love. T

CC - http://www.schwinnbike.com/news/press_detail.php?id=190

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June 02, 2008
GT Bicycles Jill Kintner Makes The US Olympic Team

GT Bicycles Olympic News --



Jill Kintner thought her Olympic dream ended four weeks ago,
when she was writhing in the dirt, screaming in agony after
re-injuring her chronically right knee in a training crash.

She felt no pain Saturday.

By finishing sixth at the BMX world championships in Taiyuan,
China, the 26-year-old from Seattle earned enough points to
barely edge Arielle Martin of Pleasant Grove, Utah, in USA Cycling's
yearlong battle for the lone automatic women's BMX berth into this
summer's Beijing Olympics.

“I didn't even know it was possible,” Kintner said in a telephone
interview with The Associated Press on Saturday from Taiyuan.
“For it to come down like this, I don't know what to think. There
had to be some higher forces working for me.”

However, the day will likely be remembered as bittersweet for
the American women, most of whom struggled Saturday. Although
the official rankings have not yet been confirmed by the International
Cycling Union, calculations by USA Cycling show they will have only
one women's start position in the Beijing Games – meaning while
Kintner races for Olympic gold, her close friend Martin will be watching.

“I was crying because of that more than because I made it,” said
Kintner, who was with Martin when USA Cycling's BMX director Mike
King came into their hotel room Saturday evening and broke the news.
“Today, it's a lot more bitter than sweet. Tomorrow, it might be a
different story.”

The U.S. could have secured a second Olympic spot with some
strong finishes Saturday. But other than Kintner, no American
woman advanced out of the quarterfinals. Martin crashed in her
quarterfinal race, ending her day, and probably her Olympic
hopes as well.

Kintner entered Saturday 13 points behind Martin in the USA
Cycling standings. Martin was eliminated in the quarterfinals,
meaning she did not add any points to her yearlong total. And
by finishing sixth – an outcome that was all but assured when
two French women in the eight-racer final stumbled – Kintner
earned 14 points, giving her a 129-128 victory after the 17-race
competition.

Kintner and Martin were roommates both on the trip to
China and for the last several months at the Olympic
Training Center in Chula Vista, Calif.

“You take the good with the bad,” King said.
“You're happy for one and you're hurting for the other.”

Kintner was a four-time national champion and three-time world
champion in the event known as mountain-cross, where racers on
mountain bikes head downhill while dodging obstacles. But because
BMX was added to the Olympic program, she returned to the smaller
bike this year with eyes of making the team headed to Beijing.

She was a junior BMX world champion as a teenager – and now as an
adult, will have the chance of adding a gold medal to her resume.

“After all I've gone through to get here, I guess it was worth it,”
Kintner said.

CC - http://olympics.gtbicycles.com
ACC - http://www.genesbmx.com/2008-bmx-olympics.html

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May 30, 2008
Dorel Strengthens Senior Management

Montreal, Canada --

Dorel Industries Inc. (TSX: DII.B DII.A) today announced it
is implementing a new senior management structure to maximize
the growth opportunities that it sees ahead.

Three posts of Segment President have been added; one for each of
Dorel's segments; Juvenile, Recreational/Leisure and Home Furnishings.
Dorel President and CEO, Martin Schwartz, said its three businesses
have all become major global operations and offer so much potential
that dedicated senior management executives are now required.

New positions

Camillo Lisio, who has been with Dorel since 2004, becomes President
of Dorel Juvenile worldwide. Juvenile is Dorel's largest segment, with
revenue of close to US$1 billion and earnings from operations exceeding
US$100 million in fiscal 2007.

Mr. Lisio will also oversee the Company's Shared Services, including
Dorel China, Global Procurement and Distribution Platforms. Hani Basile
has been named Chief Operating Officer of the Juvenile segment.

"The Juvenile segment has numerous opportunities to add further value
to Dorel, both organically and through new acquisitions. Cam's back
ground and experience positions him to fully leverage these opportunities
grow this segment for the benefit of all our shareholders," stated Mr. Schwartz.

Robert P. Baird, Jr. has been hired as President of Dorel's fast growing
Recreational Leisure segment. Mr. Baird has served in senior executive
positions in the U.S. at Philips Electronics. In his most recent position
with Philips, he was the Transformation Leader for combining the
Consumer Electronics and Domestic Appliance businesses into the new
Consumer Lifestyle Sector.

He has extensive experience in the Consumer Goods Industry across
multiple companies including Samsonite, Scott Paper, Bristol Myers and
Procter & Gamble. Mr. Baird holds an MBA degree from the J.L. Kellogg
School at Northwestern University and a B.A. in Economics from St.
Lawrence University. He will be relinquishing his seat on Dorel's Board of
Directors and a new independent Director will be named in the coming months.
( Click Here! To View This Full PR )

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May 28, 2008
Dorel Industries Looking To Strong 2008

Montreal, Canada --

Dorel Industries Inc. (TSX: DII.B DII.A) President and CEO,
Martin Schwartz, today painted an optimistic picture for shareholders
attending the Company's annual meeting. He reported that the Juvenile
segment has had a strong start to the year, both in North America and
Europe, thanks to Dorel's innovative product development, its diversity
of branded products and price points. Further, the addition of revenue
and earnings from newly acquired Cannondale bicycles and SUGOi
apparel help push the Recreational/Leisure segment to new heights,
and even ready-to-assemble (RTA) furniture's results were significantly
better. "There is a great deal happening at Dorel and we will continue
to optimize the results of each of our segments," stated Mr. Schwartz.

2008 has begun with its best quarter ever. For the period ended
March 31, 2008, Dorel posted revenue of US$556 million and net
income of US$35.1 million or US$1.05 per share. ( More )

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May 15, 2008
Dorel Industries Is Facing An Uphill Climb

Montreal, Canada --


Photo - The bike that launched a rolling feud:
When stroller-maker Dorel Industries bought a high-end bicycle
maker, the Montreal company was simply thinking diversification.
Then the mud-slinging, poaching and intimidation began. Welcome
to the clubby world of elite cycling.

In the exclusive world of high-performance cycling,
Dorel Industries Inc. is facing an uphill climb.

Fitness-obsessed baby boomers with disposable income to burn are
flocking to the high-end bike segment, paying upward of $2,000 and
as much as $10,000 for the ultralightweight, high-tech precision
machines that have become must-have toys of the day.

Dorel, which makes children's gear and furniture and is already a major
player in mass market bicycles, sought to tap into the growing high-end
segment by scooping up prestigious manufacturer Cannondale Bicycle
Corp. of Bethel, Conn., in February.

But in cycling circles, Montreal-based Dorel
has come under attack for its high-low strategy.

Flogging a mass market line of bikes - including the famous Schwinn
brand - while selling the pricey and storied Cannondale through
independent bike dealers will weaken specialty sellers, one competing
high-end maker says.

Michael Sinyard, the founder and president of Cannondale rival
Specialized Bicycle Components, recently sent a letter to independent
U.S. bike dealers urging skepticism regarding Dorel's commitment to
maintaining the exclusivity of Cannondale and its other pricier models.

Dorel's acquisition of Cannondale is "bad news" for the
independent bicycle dealers channel - the only one through
which the high-performance bikes are sold, he warned.

"I believe if dealers continue to sell and promote Cannondale they are
strengthening this mass market conglomerate and eroding the specialty
retail channel," Mr. Sinyard wrote in the letter dated Feb. 11.

He charged that Dorel subsidiary Pacific Cycle already diluted the value
of top-line brands it acquired - such as Schwinn and GT - by shifting them
into the mass-merchant channel. Now, he said, the Cannondale name is
at risk.

In a letter of response to the dealers, Dorel's Cannondale Sports Group
president and chief executive officer Jeff Frehner - who logs between 200
and 250 miles a week on one of his 15 racing bikes - called Mr. Sinyard's
charges the "wild speculations and mud slinging of a competitor." He
mused that "perhaps Specialized is intimidated."

His division at Dorel remains committed to innovative product
development, dealer programs to increase revenue and profits,
improved marketing efforts in the independent dealers channel
and other measures, he said.

Specialized also apparently targeted Cannondale staffers, sending
out e-mail messages to Cannondale engineers trying to lure them
away. A human resources manager wrote in the e-mail, dated Feb.
5, that she would be travelling to Bethel in the next few weeks in
hopes of meeting with some of the Cannondale people. News of the
poaching raid appeared in trade publications online.

Dorel tried to turn Mr. Sinyard's broadside to its advantage, running an
online Cannondale ad saying: "Who has the best engineers in the industry?
Specialized knows. Mike Sinyard must be looking for higher standards."

The ad concludes that Cannondale's staff "can't be poached."
Mr. Sinyard was not available to comment further on the issue.

In a recent interview, Mr. Frehner, 39, said Cannondale is focusing
on relations with dealers. "In the last 90 days we've been doing a
lot of work to solidify our position in the dealer network," he said.

"There's been a lot of back-and-forth, which
didn't have to occur but it did," he added.

Dorel's chief financial officer Jeffrey Schwartz said: "We want to
make it clear that having Dorel behind Cannondale means we're going
to aggressively invest in new products."

Dorel created the new Cannondale Sports Group unit, which is separate
from the mass-market Pacific Cycle unit, and has solemnly sworn not to
dilute the Cannondale brand, Mr. Schwartz said.

But there is some convincing still to do.

The fact that Dorel is in other businesses of a more pedestrian
nature - ready-to-assemble furniture, children's car seats and
strollers - hasn't helped. Some critics have taken issue with the
notion that a consumer products manufacturer supplying Wal-Mart
can be trusted to maintain the higher standards required to design,
develop and sell top-end machines.

On the Internet, Dorel's efforts to break into the high
end of cycling fuelled discussion among enthusiasts.

"There's nothing hip about buying a bike from a company that also sells
furniture and baby strollers," one bike chat line participant wrote.

Arden Cottle, owner of the Out-Spoke'n specialty bike shop in Lake
Mary, Fla., thinks the controversy needs to be put into perspective.
"This is quite silly. All of us need to be focused on running, to the best
of our abilities, our companies," she said in a telephone interview.

"Look at it this way: Dorel has a lot of money to market Cannondale
as a label that deserves that kind of support," she said.

A big selling point is that most Cannondale frames continue to be
assembled in the U.S., whereas rivals Specialized, Trek Bicycle
Corp. and Giant Bicycles have theirs made offshore, she said.

"It's a better quality, nicer weld, with more patents."

DOREL INDUSTRIES (DII.B) Close: $31.03, down 26¢

---

May 12, 2008
Schwinn`s TJ Lavin Talks About Upcoming Projects

Las Vegas, NV --

It's been a very busy couple of weeks so sorry for the delay.
A couple of weeks ago I shot my first music video in Hollywood,
California. It was to promote the new song I did with (Mongoose
BMX Vert rider) Simon and Pippa Tabron benefiting the Stephen
Murray Family Fund.

Fuel TV came out and did a behind-the-scenes thing and did a few interviews
so that was cool. I think it will help a lot and it will be playing on MTV and
for sure on NBC.

I also confirmed doing color commentary for NBC this year for the
Dew Action Sports Tour, so I'm excited about that. Last week was
really cool with the Supercross being in town.

I made several appearances including the Road to Recovery Golf Tournament
which helps moto athletes who pay the ultimate price for what they do. I've
played in that tournament since it started and don't plan to ever miss it.

This week was back to business week. I was stoked to see I was featured in
two magazine articles. One was UK Ride and it featured my broken leg all
stapled up a few days after the accident. It mentioned how I just re-signed
for life with Monster energy drink with a broken leg and how that was love.

It also said thanks to Chuck (Fallon—BMX Team Manager) and Schwinn
for helping me during those first few rough days. Thanks again for that.

Last but most important I'm 100% back. For the first time in six months
I really feel like a true BMXer again. I dropped the dock at my house and
completed the entire yard making it through first go. I've been sweating that
since I got hurt ‘cause I knew the boys would expect me not to pull it over.

I'm sessioning everyday now helping Cam White get ready for the season and
getting myself ready for what ever comes my way. I'm on my way to Panama for
6 weeks to film another season of the MTV Challenge series so when I get back
from that it'll be on for sure. This week I plan on doing an interview with UK Ride
and with Vital BMX so it's gonna be another good one. Sorry for such a long
one but I had some catching up to do. Nothing but love, TJ

CC - http://www.schwinnbike.com/news/press_detail.php?id=186

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May 09, 2008
Schwinn Partners Up With Stick And Move

Philadelphia, PA --

Following a competitive review of agencies, Schwinn(R) Bicycles,
has selected Philadelphia agency, STICK and MOVE, to partner in
developing a rebranding campaign focused on building excitement
with recreational cyclists. Schwinn is an American icon that has been
synonymous with cycling quality and innovation for generations.

( PHOTO.jpg )

STICK and MOVE is charged with developing a new
brand strategy and print campaign for Schwinn.

"STICK and MOVE focuses on having conversations with consumers
in a way that is smart, powerful and will resonate with them," said
Jenni Schwai, Schwinn's Director of IBD Marketing. "We were really
looking for a true partner to help us with our branding efforts. We
have great chemistry with the agency and feel they're a perfect fit
for Schwinn."

The campaign is slated to launch by the end of the summer and will
focus on reinvigorating some of the nostalgia and passion consumers
and independent retailers associate with Schwinn bikes. The campaign
will also reflect the dedication Schwinn has for its products and customers.

"Schwinn wanted a true partner to help reinvigorate the soul of the
brand," said Steve O'Connell, President, Executive Creative Director
of STICK and MOVE. "We have a lot of cyclists at our agency, including
me, so we're thrilled to help them connect with their core audience ...
people just like us."

Schwinn is owned by Dorel Industries (TSX: DII.B, DII.A). About Schwinn

Founded in 1895, Schwinn is an American icon and has built some of
the best-known and best-loved bicycles of all time. Schwinn has been
an indispensable player in revolutionizing bicycling around the world.
With a continued dedication to quality, forever synonymous with the
Schwinn name, America's most famous bicycle brand looks forward
to providing another century of innovation, freedom and performance
to people of all ages. Information about Schwinn bicycles is available
at http://www.SchwinnBike.com

Profile

Dorel Industries Inc. (TSX: DII.B, DII.A) is a world class juvenile
products and bicycle company. Established in 1962, Dorel creates
style and excitement in equal measure to safety, quality and value.

The Company's lifestyle leadership position is pronounced in both its
Juvenile and bicycle categories with an array of trend-setting products.

In the Juvenile segment, Dorel's powerfully branded products such
as Quinny, Maxi-Cosi, Safety 1st and Bebe Confort have shown the
way to safety, originality and fashion. Similarly, its highly popular
brands such as Cannondale, Schwinn, GT, Mongoose and Sugoi have
made Dorel a principal player with both independent bicycle dealers
and mass merchants.

Dorel's Home Furnishings segment markets a wide assortment of
furniture products, both domestically produced and imported. The
Company exerts relentless innovation and marketing flair across all
of its divisions. Dorel is a $2 billion company with forty-six hundred
employees, facilities in seventeen countries, and sales worldwide.

US operations include Dorel Juvenile Group USA; the Cannondale
Sports Group; Pacific Cycle; Ameriwood Industries which produces
ready-to-assemble furniture; Altra Furniture; and Cosco Home &
Office. In Canada, Dorel operates Dorel Distribution Canada, Dorel
Home Products and Sugoi.

Abroad, operations include Dorel Europe and IGC in Australia,
a manufacturer and distributor of juvenile products. Dorel Asia
sources and imports home furnishings products. Dorel China has
eight offices which oversee the sourcing, engineering and logistics
of the Company's Asian supplier chain.

About STICK and MOVE

STICK and MOVE, founded in 2005 and headquartered in Philadelphia,
is a branding agency focused on having conversations with consumers in
relevant ways. STICK and MOVE calls this philosophy Conversationality"
and it's woven into every consumer touch point from advertising to
on-hold music.

STICK and MOVE represents clients such as Leatherman Tools,
Simple Shoes, Purple Beverages, TradeKing, vitaminwater, and
Yakima, among others. For more information about STICK and
MOVE, visit http://www.stickandmove.com

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May 04, 2008
Nautilus Announces Results For First Quarter

Vancouver, Washington --

Fitness company Nautilus, Inc. (NYSE:NLS) today announced
unaudited results for the three months ended March 31, 2008.

Loss from continuing operations for the quarter, including pretax charges
of $8.0 million (18 cents per diluted share after-tax) in connection with the
cancellation of the agreement to purchase Land America Health & Fitness
Co., Ltd., and $2.4 million (6 cents per diluted share after-tax) for costs
associated with the departure in March of the Company's former CEO, was
$6.9 million or $0.22 per diluted share compared to a net loss from continuing
operations of $0.01 million or $0.00 per diluted share for the first quarter 2007.

Net sales from continuing operations for the three months ended March 31, 2008,
were $129.6 million compared to $137.0 million for the corresponding period last
year. Results from continuing operations exclude the Company's apparel business,
which is considered a discontinued operation and was sold on April 18, 2008 for
$69.4 million. -- For full revenue figures and more of the report, see:
http://www.nautilusinc.com/corporate/investor/releasedetail.jsp?releaseID=308363

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April 30, 2008
Dorel Reports Robust First Quarter

MONTREAL, Canada --

Dorel Industries Inc. (TSX: DII.B DII.A) today released strong results
for the first quarter ended March 31, 2008. Total revenue for the period
increased 22.0% to US$556.0 million from US$455.7 million last year.

First quarter 2008 revenue includes two months of revenue from the
February 4, 2008 acquisition of the Cannondale Bicycle Corporation
and SUGOi Performance Apparel. Net income for the first quarter was
US$35.1 million or US$1.05 per diluted share, up 25.7% from US$27.9
million or US$0.85 per diluted share in 2007. First quarter 2008 pre
-tax earnings rose 43.8% to US$42.5 million from US$29.5 million in
the first quarter a year ago.

"The first quarter performance clearly indicates that Dorel has the right
combination of products and price points for consumers at the right time.

In light of the difficult economy in the United States, we are seeing consumers
shopping more at mass merchants where Dorel has traditionally been strong.
In Europe, where conditions remain better, consumers continue to seek higher-
end products, and Dorel's European operations enjoy a solid position in this
market. It is also satisfying to report that we have turned the corner in our
ready-to-assemble furniture business. Notwithstanding this strong start, it is
unclear what the balance of the year will bring due to the weak economy in the
U.S. and the current increasing cost environment," said Dorel CEO and
President, Martin Schwartz.

The segment experienced strong sell-through in advance of the busy spring
season. This was particularly the case at the Pacific Cycle division with its mass
merchant customers. The addition of Cannondale and SUGOi in Dorel's new
Independent Bicycle Dealers (IBD) division contributed significantly to first
quarter results. The significant gross margin increase was due mainly to the
contribution of higher margins on Cannondale bicycles and SUGOi clothing.
However, the improved earnings percentage of 10.7% versus 8.2% in the prior
year was not due solely to Cannondale, but rather resulted from both Pacific
and the newly acquired businesses.

For revenue figures and more of the report, see:
http://www.newswire.ca/en/releases/archive/April2008/30/c3019.html

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April 16, 2008
Nautilus, Inc. To Announce First Quarter 2008 Results

Vancouver, Washington --

Nautilus, Inc. (NYSE: NLS), a pure fitness company, today announced that
the Company will host a conference call to discuss results for its first quarter
ended March 31, 2008, on Monday, May 5, 2008. The Company will issue
an earnings announcement prior to the conference call.

The conference call is scheduled for 4:30 p.m. EDT (1:30 p.m. PDT),
May 5, 2008. It will be broadcast live over the Internet hosted at
www.nautilusinc.com/events and will be archived online within one
hour after completion of the call. In addition, listeners may call
(800) 745-9830 in North America and (212) 231-2901 from outside North
America. Participants from the Company will be Edward Bramson, Chairman
and Chief Executive Officer and Bill Meadowcroft, Chief Financial Officer.

A telephonic playback will be available from 4:00 p.m. PDT, May 5,
through 4:00 p.m. PDT, May 19, 2008. North American callers can dial
(800) 633-8284, and international callers can dial (402) 977-9140 to
hear the playback. The passcode is 21381192.

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April 01, 2008
Dorel Announces Voluntary U.S. Deregistration

Montreal, Canada --

Dorel Industries Inc. (TSX: DII.A, DII.B) today announced that it
is voluntarily filing a Form 15F with the U.S. Securities and Exchange
Commission (SEC) to terminate the registration of its Class B Subordinate
Voting Shares under the Securities Exchange Act of 1934, as amended.

Dorel expects that this termination of registration will become effective
90 days after its filing with the SEC. As a result of this filing, Dorel's
obligation to file certain reports with the SEC, including an annual report
on Form 20-F and reports on Form 6-K, will immediately be suspended.

As a TSX-listed reporting issuer, Dorel will continue to meet its
Canadian continuous disclosure obligations by filing with the Canadian
securities commissions. Dorel shares continue to trade on the TSX under
the symbols DII.A and DII.B. All of Dorel's filings can be found on the
System for Electronic Document Analysis and Retrieval (SEDAR) at sedar.com

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March 28, 2008
Nautilus Inc Appoints New Chief Executive

Vancouver, Washington (Marketwire) --

Nautilus (NYSE: NLS) today announced that its chairman,
Edward Bramson, has assumed the additional duties of chief
executive officer replacing Robert S. Falcone who has served
in that capacity since August 13, 2007 when the board asked
him to step in to run the company following the termination
of the previous chief executive officer.

Mr. Bramson said, "All of the directors and I join in thanking
Bob for his many contributions during a period of transition
for the company. We wish him well in his future activities."

The company is conducting a review of its operations and
currently expects to communicate the results of the review
to shareholders after the end of the second quarter.

About Nautilus, Inc.
Headquartered in Vancouver, Wash., Nautilus, Inc. (NYSE: NLS)
is a global fitness products company providing innovative,
quality solutions to help people achieve a healthy lifestyle.

With a brand portfolio including Nautilus®, Bowflex®,
Schwinn®Fitness, StairMaster®, and Universal®, Nautilus
manufactures and markets innovative fitness products
through direct, commercial, retail, and international channels.

Formed in 1986, the company had 2007 sales of $502 million.
It has 1,450 employees and operations in Washington, Oregon,
Oklahoma, Virginia, Canada, Switzerland, Germany, United Kingdom,
Italy, China, Australia and other locations around the world.

Website: www.nautilusinc.com

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March 13, 2008
Schwinn Signs National Bicycle Team In Training

MADISON, Wis. (BUSINESS WIRE) --

Schwinn Signs First-ever National Bicycle Sponsorship of Team In Training.

Schwinn Bicycles, America’s most recognized bicycle brand,
today announced the signing of a partnership with The Leukemia
& Lymphoma Society’s Team In Training (TNT), the world’s largest
endurance sports training and fundraising program, to become its
first-ever national bicycle sponsor. Schwinn is owned by Dorel
Industries (TSX: DII.B, DII.A).

Under the terms of the two-year agreement, Schwinn will become
the exclusive bicycle sponsor of TNT starting April 1, 2008. With the
help of its dealer partners nationwide, Schwinn will provide relevant
cycling information, bicycle demos, on-site event support and product
discounts to the 39,000 cycling, triathlon and marathon participants
who train and fundraise through the organization each year.

“For more than 100 years, Schwinn has helped people realize their
two-wheeled dreams,” said Steve Reeds, Executive Vice President
and General Manager of Schwinn Bicycle’s IBD division. “We are
honored to carry on this tradition by helping Team In Training
participants achieve their training goals.”

Now in its 20th year, TNT participants have raised more than $850
million for lifesaving cancer research and to help blood cancer patients
live longer, better lives. The program provides coaching to help support
participants crossing the finish line at century rides, triathlons and
marathons.

"Over 20 years, we have seen Team In Training expand from a single
sport program - the marathon - to a multi-endurance sport program
with challenges such as triathlons and 100 mile rides," said Nancy L.
Klein, LLS senior vice president marketing communications. "We are
thrilled to have Schwinn's support because it’s a brand that people
already know and trust."

To learn more about Team In Training,
please visit www.teamintraining.org

About Schwinn

Founded in 1895, Schwinn is an American icon and has built some of
the best-known and best-loved bicycles of all time. Schwinn has been
an indispensable player in revolutionizing bicycling around the world.
With a continued dedication to quality, forever synonymous with the
Schwinn name, America’s most famous bicycle brand looks forward
to providing another century of innovation, freedom and performance
to people of all ages. Information about Schwinn bicycles is available
at www.SchwinnBike.com

About Dorel

Dorel Industries Inc. (TSX: DII.B, DII.A) is a world class juvenile
products and bicycle company. Established in 1962, Dorel creates
style and excitement in equal measure to safety, quality and value.

The Company’s lifestyle leadership position is pronounced in both
its Juvenile and bicycle categories with an array of trend-setting
products.

In the Juvenile segment, Dorel’s powerfully branded products such
as Quinny, Maxi-Cosi, Safety 1st and Bébé Confort have shown the
way to safety, originality and fashion. Similarly, its highly popular
brands such as Cannondale, Schwinn, GT, Mongoose and SUGOi
have made Dorel a principal player with both independent bicycle
dealers and mass merchants.

Dorel’s Home Furnishings segment markets a wide assortment of
furniture products, both domestically produced and imported. The
Company exerts relentless innovation and marketing flair across
all of its divisions. Dorel is a $2 billion company with forty-six hundred
employees, facilities in seventeen countries, and sales worldwide.

US operations include Dorel Juvenile Group USA; the Cannondale
Sports Group; Pacific Cycle; Ameriwood Industries which produces
ready-to-assemble furniture; Altra Furniture; and Cosco Home & Office.

In Canada, Dorel operates Dorel Distribution Canada and Dorel Home
Products. Abroad, operations include Dorel Europe and IGC in Australia,
a manufacturer and distributor of juvenile products. Dorel Asia sources
and imports home furnishings products. Dorel China has eight offices
which oversee the sourcing, engineering and logistics of the Company’s
Asian supplier chain.

About Team In Training

Since its inception in 1988, when a team of 38 runners trained
together for the New York City Marathon and raised $320,000,
The Leukemia & Lymphoma Society’s Team In Training® program
(TNT), has prepared more than 360,000 people—approximately
39,000 participants annually— to achieve their dream of completing
a marathon, half marathon, triathlon or 100-mile (century) bicycle ride.

And, in that time, TNT participants have raised over $850 million to
support blood cancer research and patient services. The enormous
success of this program has helped make possible advances in blood
cancer therapies and treatments that have prolonged and enhanced
the lives of hundreds of thousands of patients.

About The Leukemia & Lymphoma Society

The Leukemia & Lymphoma Society is the world’s largest voluntary
health organization dedicated to funding blood cancer research,
education and patient services. LLS’s mission is to cure leukemia,
lymphoma, Hodgkin’s disease and myeloma, and to improve the
quality of life of patients and their families. Since its founding in 1949,
LLS has provided more than $550 million for research specifically
targeting blood cancers.

---

March 11, 2008
Dorel Industries Reports Strong 2007 Results

Montreal, Canada /CNW Telbec/ --

Dorel Industries Inc. (TSX: DII.B DII.A) today announced full results
for the fourth quarter and year ended December 30, 2007. On March
4, 2008 the Company pre-released certain fiscal 2007 financial
information in advance of a series of investor meetings.

On an adjusted basis, fiscal 2007 net income was US$100.1 million,
an increase of US$8.1 million from 2006 levels and the highest level
ever recorded in Dorel's history. The Juvenile segment was a major
factor in this success, and for the year it recorded revenues of US
$963.6 million and just over US$114 million in adjusted earnings from
operations, both all time records. The Recreational/Leisure segment
also improved with a 10.0% gain in revenues and a 26.8% increase
in earnings from operations.

Recreational / Leisure Segment

Revenue for the year in the Recreational / Leisure segment increased
by 10.0% to US$374.8 million from US$340.7 million the year before.
Earnings from operations jumped 26.8% to US$33.0 million from US$26.0
million a year ago. For the fourth quarter, revenue was US$85.8 million,
an 11.6% increase from the previous year's US$76.9 million. In the fourth
quarter, earnings from operations were essentially flat at US$5.8 million
as compared to US$5.9 million the year before.

For the year, the improvement was due to success in both the
mass merchant and Independent Bicycle Dealers (IBD) channels.
The majority of the increase came from several key mass customers
as sales ebounded after declines in 2006. Sales were also strong with
certain warehouse club customers, a relatively new distribution channel
for this segment. These increases, at both existing and new customers,
were driven by bicycle sales, although other recreational product lines
continue to be explored and added in an attempt to diversify sales of
the segment.

Gross margins for the year increased by 70 basis points. However fiscal
2006 included a one-time US$3.5 million inventory write-down, therefore
margins were, in fact, consistent with the prior year. Selling, general and
administrative expenses rose moderately from US$36.9 million in 2006
to US$38.3 million in 2007. However as a percentage of revenue this
represents a decrease of 60 basis points as 2007 sales volume
increases outpaced additional spending.

Outlook

On February 4, 2008, Dorel announced the acquisition of the
Cannondale Bicycle Corporation and SUGOi Performance Apparel.
This resulted in the establishment of a new Recreational/Leisure
division, the Cannondale Sports Group, with an exclusive focus
on the Independent Bicycle Dealers (IBD) channel.

Our 2007 success stems from the combined strength of our Juvenile
and Recreational/Leisure businesses. The acquisition of Cannondale
and SUGOi fortifies our position and stature in the bicycle industry
and underlines our commitment to further unlock shareholder value
by concentrating on Dorel's core segments, which provide the greatest
potential. The new Cannondale Sports Group will build on Cannondale's
strengths to grow significantly within the IBD channel. Our intention is
to build a world-class company and to offer a line of products that will
be desired by both dealers and consumers.

"We will continue to strive to optimize the results of each of our
segments and we will devote the necessary resources to ensure
their growth and development. The current economic situation,
particularly in the US, does not allow for the accurate prediction
of consumer trends and hence the outlook for the complete year
cannot be seen with clarity. Nonetheless, we have not witnessed
any slowdown of consumer spending in Dorel's products during
the first two months of 2008," concluded Mr. Schwartz.

For full reports and results, Please see:
( www.newswire.ca/en/releases/archive/March2008/11/c2675.html )

CC - http://www.dorel.com

---

February 08, 2008
Catching Up With Schwinn`s TJ Lavin

Las Vegas, NV --


Photo - TJ Lavin

What up everyone? Just wanted to tell you what I've been
up to lately. After the broken leg it's been a long road to try
to get better for the new season coming up. I've never been
in better shape because I have to go to the gym at least once
but at most times twice a day.

The leg is getting better everyday so I think another
four weeks and I should be able to ride a little.

I started on the street already which was a great step for me.
Anyway - enough about that! I've been really busy despite being
laid up.

Last week I had two interviews on the radio.
One was for the big UFC fight last weekend
and the other was on Jason Ellis' show on Faction.

This week I had a few meetings regarding the music and
that seems to be heading in the right direction for sure.

Also there's a new fighting league coming out called Crossfire
and I'm gonna be the TV guy for that as well so busy, busy,
busy for sure.

Next week I'll be doing a big storey with BMX Plus called
"So You Wanna Be A Dirt Jumper?" It should be funny so
keep an eye out for that and make sure you watch the
show on MTV every Wednesday! -- TJ Lavin

CC - http://www.schwinnbike.com/news/press_detail.php?id=180

---

February 05, 2008
Dorel Spins Into High-End Bike Realm

Montreal, Canada --


Photo - Martin Schwartz of Dorel, which bought Cannondale,
maker of the Liquigas Pro Cycling Team bike. The U.S. Firm
aims to become world's top producer.

Dorel Industries Ltd. says it's aiming to move its bicycle business
away from the mass market with yesterday's acquisition of high-end
manufacturer Cannondale Bicycle Corp.

Dorel chief executive Martin Schwartz said the deal, worth close to
$200 million U.S., will help Dorel achieve its goal of becoming the
world's largest bicycle maker.

"We are strong in the mass market and we want to market the business
to independent bicycle dealers," he said. "We want to be No. 1."

Dorel plans to create two bicycle divisions to help it achieve this goal.
One division will target the mass market, where bikes sell from about
$59 to $349 through retailers like Wal-Mart. The other division will feature
high-end Cannondale bicycles and focus on independent bicycle retailers,
with prices ranging from the high hundreds to several thousand dollars for
a professional quality bike.

Based in Bethel, Conn., Cannondale is known for making award-winning
handcrafted bicycles that are used by world-class professional cyclists
and triathletes.

The acquisition also includes Cannondale subsidiary Sugoi Performance
Apparel Co. of Vancouver, which specializes in high-performance bike
and running clothing.

Dorel used to draw the bulk of its profits from its furniture division,
but in recent years the company's earning power has shifted to its juvenile
products and recreational divisions.

In 2004, the company became the biggest bicycle supplier in the U.S. with
its purchase of Pacific Cycle LLC, home of the venerable Schwinn brand.

Dorel hit the jackpot that year when it launched the Sting-Ray bicycle,
modeled after the banana-seat bikes from the 1960s, which the company
said went on to become one of the fastest-selling bicycles in history.

Schwartz said this year, more than 50 per cent of the firm's business
will come from juvenile products, 20 to 30 per cent from its recreational
division and the rest from home furniture.

Asked if Dorel plans to shift manufacturing of Cannondale
bicycles to China, Schwartz said: "Not in the near future."

He said that while some Cannondale components are already made
in China, the frames are made in the U.S. and the bicycles are either
assembled in the U.S. or in Holland for the European market.

The production volume of these expensive bikes is low, so it doesn't
make sense to move manufacturing to China at this point, he said.

The value of the all-cash transaction will be $190 million to $200 million U.S.,
depending upon Cannondale's earnings results for the year ending on June 30.

Investors responded positively to the deal as Dorel's
B shares rose $2.75 to $32 in Toronto trading yesterday.

CC - www.dorel.com | www.pacific-cycle.com | www.cannondale.com

---

February 04, 2008
Dorel Creates Two Distinct Bicycle Divisions

MONTREAL, Canada /CNW Telbec/ --

Dorel creates two distinct bicycle divisions following Cannondale
acquisition. - New Division established exclusively for Independent
Bicycle Dealer channel. - Pacific Cycle to concentrate on mass
merchant category.

Dorel Industries Ltd. (TSX: DII.A, DII.B; ) today announced
it is re-organizing its Recreational/Leisure segment to create
two distinct bicycle divisions to deal separately with the Independent
Bicycle Dealer (IBD) and mass merchant channels.

The changes are being made to coincide with today's announced
acquisition of the Bethel, connecticut-based Cannondale Bicycle
Corporation. The purchase also includes the Sugoi Performance
Apparel Company.

A new Dorel Independent Bicycle Dealer (IBD) Division, the Cannondale
Sports Group, is being established and will devote all of its energies and
resources exclusively to this channel. The Cannondale Sports Group will
encompass Cannondale, Sugoi, GT and other premium-oriented brands,
and will seek acquisitions in similar high quality, performance bicycle
companies. Jeff Frehner, who has been President of Pacific Cycle for
three years is leaving that position immediately to return to his roots
in the bike business and will oversee the Cannondale Sports Group as
President. The current Cannondale management team, headed by
President and CEO, Matt Mannelly, will continue to run Cannondale
within that group.

"I'm a diehard biking enthusiast. I love this space and am thrilled to
be able to focus all of my energy on the IBD channel. With Cannondale
and Dorel's resources, the sky is the limit. High quality, innovation and
passion, this will be the DNA of our new division," said Jeff.

"This is an excellent strategic fit for Cannondale and a testament to
all the hard work of Cannondale employees worldwide. This provides
us with tremendous resources to continue to build our innovative brand.
It also creates long term stability that will help us achieve our leadership
goals in the IBD channel. We're excited to be the leading brand in Dorel's
new IBD division. The end result will be a continuous flow of innovative
product to our Dealers and consumers," commented Matt.

"Dorel recognizes that doing business with the IBD and mass merchant
categories is two very different things and requires distinct strategies
and specialized people selling the best products for those channels.

We clearly realize this and are making the necessary adjustments to
best meet the needs of our customers," stated Dorel President and
CEO, Martin Schwartz.

Pacific Cycle, purchased by Dorel in 2004, will now be a stand-alone
division focused on the mass merchant channel. Alice Tillett, who has
been Executive Vice President, Mass and Sporting Goods Channel at
Pacific Cycle, has been named President. With 18 years experience
in the sector, 10 of those in the bike industry, Alice has a thorough
knowledge of the mass and sporting goods sector and has engineered
Pacific's growth in this channel.

Mr. Schwartz said the Cannondale transaction underlines the Company's
plan to further unlock shareholder value by concentrating on Dorel's core
Recreational/Leisure and Juvenile segments, which provide the greatest
potential. "We are committed to pursuing this strategy, and this important
transaction positions us globally in a most material way. Dorel recognizes
the importance and potential of the Independent Bicycle Dealer channel
and is purchasing Cannondale as the first step to become the world's
number one IBD player."

Conference Call
Dorel Industries Inc. will hold a conference call to discuss the
Cannondale acquisition today at 10:30 A.M. Eastern Time.
Interested parties can join the call by dialling 1-800-732-9307.
The conference call can also be accessed via live webcast at
www.newswire.ca or www.q1234.com. If you are unable to call
in at this time, you may access a tape recording of the meeting
by calling 1-877-289-8525 and entering the passcode 21261172#
on your phone. This tape recording will be available on Monday,
February 4, 2008 as of 12:30 P.M. until 11:59 P.M. on Monday,
February 11, 2008.

Profile
Dorel Industries (TSX: DII.B, DII.A) is a global consumer products
company engaged in the designing, manufacturing and marketing of
a diverse portfolio of powerful consumer brands, sold through its
Juvenile, Recreational/Leisure and Home Furnishings segments.

Headquartered in Montreal and with significant operations in the
United States and Europe, Dorel employs approximately 4,700
people in 15 countries. Annual sales are US$1.8 billion and are
made in over 60 countries worldwide.

US operations include Dorel Juvenile Group, which markets the
Cosco and Safety 1st brands as well as Eddie Bauer and Disney
Baby licensed products;

Pacific Cycle, which markets several brands including Schwinn,
Mongoose, GT, InSTEP, Playsafe and Roadmaster; and Ameriwood
Industries, which markets ready-to-assemble furniture products
under the Ameriwood, Carina, SystemBuild, Altra Furniture and
Ridgewood brands; Cosco Home & Office, which markets home/
office products under the Cosco brand and Samsonite license as
well as home healthcare products under the Cosco Ability Essentials
and Adepta brands.

In Canada, Dorel operates Dorel Distribution Canada, Ridgewood
Industries and Dorel Home Products. Dorel Europe markets juvenile
products throughout Europe, under the Bébé Confort, Maxi-Cosi,
Quinny, Safety 1st, Babidéal, Mon Bébé and Baby Relax brands.

Dorel Asia sources and imports home furnishings products.

Dorel is the majority owner of In Good Care (IGC), a manufacturer
and distributor of juvenile products in Australia, whose two principal
brands are Bertini and Mother's Choice. Dorel also has eight offices
in China, headquartered in Shanghai, which oversee the sourcing,
engineering and logistics of the Company's Asian supplier chain.

CC - www.dorel.com | www.pacific-cycle.com | www.cannondale.com

---

February 04, 2008
Dorel Acquires Cannondale Bicycle Corporation

MONTREAL, Canada /CNW Telbec/ --

Dorel Industries Ltd. (TSX: DII.A, DII.B; ) today announced
it has acquired the Cannondale Bicycle Corporation, a leading
designer, developer and manufacturer of high-end bicycles.

Headquartered in Bethel, Connecticut, Cannondale has facilities
in Bedford, Pennsylvania as well as offices in Canada, Switzerland,
Holland, Japan, and Australia. Widely regarded as the bike industry's
leading innovator, Cannondale's handcrafted bicycles have won
numerous design awards and are sold in over 70 countries.

The purchase also includes Sugoi Performance Apparel.

Sugoi products are used worldwide by runners, cyclists, triathletes
and fitness enthusiasts who demand the best apparel available.

The total value of the all-cash transaction will be US$190 to
US$200 million, subject to Cannondale's earnings results for
the year ending June 30, 2008. The transaction, which will be
immediately accretive to Dorel's earnings, is being financed
through debt.

Cannondale and Sugoi are being purchased from an affiliate
of Pegasus Capital Advisors, which acquired the company in
2003. 2007 sales for Cannondale and Sugoi were approximately
$200 million.

A clear strategy for the IBD category

Dorel President and CEO, Martin Schwartz stated that in light of
the acquisition the Company's Recreational/Leisure segment is
being split into two distinct operating divisions.

A new Dorel Independent Bicycle Dealers (IBD) division,
the Cannondale Sports Group, is being created and will focus
exclusively on this category with premium-oriented brands.

Backed by Dorel's extensive resources, the Cannondale Sports
Group will build on Cannondale's strengths to grow significantly
within the IBD channel. "Our intention is to build a world-class
company that dealers will want to buy from," said Mr. Schwartz.
Pacific Cycle will become a stand-alone division with an exclusive
focus on mass merchant customers.

"The Cannondale purchase is consistent with Dorel's plan to
concentrate on its core businesses. Since buying Pacific Cycle
in 2004 we have learned a great deal about the bicycle industry
and have found it to be a true value driver for Dorel.

We are committed to pursuing this sector, and this important
transaction will position us globally in a most material way.

Dorel recognizes the importance and potential of the Independent
Bicycle Dealer channel and is purchasing Cannondale as the first
step to become the world's number one IBD player. Cannondale
will be the crown jewel of this new Dorel division, which will seek
additional such growth opportunities."

Note: Please refer to the separate release issued today
"Dorel Creates Two Distinct Bicycle Divisions Following
Cannondale Acquisition". "We're excited about the future
for Cannondale and our retailers.

Cannondale's goal is to be the number one supplier to the
IBD channel. Dorel's vast resources and experience provide
us with long term stability and the ability to accelerate our
goals for growth with our retailers," stated Matt Mannelly,
President and CEO of Cannondale.

A history of innovation, a record of wins

Cannondale has come a long way since its establishment in 1971,
when it introduced the cycling industry's first bicycle trailer.

The company grew quickly, adding cycling apparel and accessory
lines while earning a strong reputation for innovation and quality.
Cannondale raised the cycling world's eyebrows by equipping its
bicycles with handcrafted aluminum frames that were both lighter
and more flex-resistant than the steel models that dominated the
industry at the time.

Many of the ideas that keep Cannondale products on the
cutting edge come from the sponsored athletes on the Company's
professional racing teams. Cannondale has an outstanding heritage
in competitive cycling and has consistently been on the leading edge
of sports marketing. Cannondale bikes have been powered to multiple
stage wins in the Tour De France and have won 4 overall Giro d'Italia
titles alongside countless World Cup Wins and World Championship
titles off road. Today Cannondale continues to push the envelope in
bicycle innovation and material expertise and is the bike of choice
for the Liquigas Pro Cycling Team, Cannondale Vredestein professional
mountain bike team, along with mountain bike legend Tinker Juarez
and a host of other world class professional cyclists and triathletes.

Mr. Schwartz stated that Dorel's Recreational/Leisure segment has
an enormous opportunity to capitalize on the changing mindsets and
trends around the world. "Increasingly, people are actively engaged
in seeking healthier lifestyles; are concerned about the environment,
and want to do something about it; and desire sustainability at all levels.

We sincerely believe our products can help meet these objectives.
This transaction underlines our plan to further unlock value within
the Company, concentrating on the Recreational/Leisure and Juvenile
segments which provide the greatest potential."

Conference Call
Dorel Industries Inc. will hold a conference call to discuss the
Cannondale acquisition today at 10:30 A.M. Eastern Time.
Interested parties can join the call by dialling 1-800-732-9307.
The conference call can also be accessed via live webcast at
www.newswire.ca or www.q1234.com. If you are unable to call
in at this time, you may access a tape recording of the meeting
by calling 1-877-289-8525 and entering the passcode 21261172#
on your phone. This tape recording will be available on Monday,
February 4, 2008 as of 12:30 P.M. until 11:59 P.M. on Monday,
February 11, 2008.

Media
Media interested in interviewing Dorel senior management today
should contact Rick Leckner at 514-731-0000. Photo opportunities
will also be available.

Profile
Dorel Industries (TSX: DII.B, DII.A) is a global consumer products
company engaged in the designing, manufacturing and marketing of a
diverse portfolio of powerful consumer brands, sold through its Juvenile,
Recreational/Leisure and Home Furnishings segments. Headquartered in
Montreal and with significant operations in the United States and Europe,
Dorel employs approximately 4,700 people in 15 countries. Annual sales
are US$1.8 billion and are made in over 60 countries worldwide.

US operations include Dorel Juvenile Group, which markets the
Cosco and Safety 1st brands as well as Eddie Bauer and Disney
Baby licensed products; Pacific Cycle, which markets several brands
including Schwinn, Mongoose, GT, InSTEP, Playsafe and Roadmaster;
and Ameriwood Industries, which markets ready-to-assemble furniture
products under the Ameriwood, Carina, SystemBuild, Altra Furniture
and Ridgewood brands; Cosco Home & Office, which markets home/
office products under the Cosco brand and Samsonite license as well
as home healthcare products under the Cosco Ability Essentials and
Adepta brands.

In Canada, Dorel operates Dorel Distribution Canada, Ridgewood
Industries and Dorel Home Products. Dorel Europe markets juvenile
products throughout Europe, under the Bébé Confort, Maxi-Cosi, Quinny,
Safety 1st, Babidéal, Mon Bébé and Baby Relax brands. Dorel Asia
sources and imports home furnishings products.

Dorel is the majority owner of In Good Care (IGC), a manufacturer
and distributor of juvenile products in Australia, whose two principal
brands are Bertini and Mother's Choice. Dorel also has eight offices
in China, headquartered in Shanghai, which oversee the sourcing,
engineering and logistics of the Company's Asian supplier chain.

Cannondale profile
Founded in 1971, Cannondale is a global designer, developer and
manufacturer of high performance bicycles apparel and accessories.
With a strong reputation for continuous innovation and quality the
company is headquartered in Bethel, Connecticut, USA with offices
in Canada, Holland, Japan, Switzerland, Australia, and a manufacturing
facility in Bedford, Pennsylvania.

About Pegasus Capital Advisors
Pegasus Capital Advisors, L.P. is a private equity fund manager
that provides creative capital solutions to middle market companies
across a wide variety of industries.

Established in 1995, Pegasus manages over $1.8 billion in assets
through several private equity funds and has made close to 70
investments since its inception. It is currently pursuing initiatives
in several key sectors, including renewable and conventional energy,
all-natural human and pet foods, alternative building materials, LED
lighting, homeland security, niche consumer products and business
services, as well as investments associated with sustainable business
solutions for companies in other industries. The firm employs over 50
investment and advisory professionals working out of main offices in
Cos Cob, CT and New York City.

CC - www.dorel.com | www.pacific-cycle.com | www.cannondale.com

---

January 28, 2008
Nautilus, Inc. Terminates Shareholder Rights Plan

Vancouver, Wash. --

Global fitness company Nautilus, Inc. (NYSE: NLS) announced that on
January 24, 2008 it amended its Shareholder Rights Plan (the "Plan")
to effect the Plan's termination.

Under the Plan, one right was distributed for each share of Nautilus common
stock outstanding as of November 8, 2007. Effective the date of the Plan, any
person or group acquiring 20 percent or more of the voting power of the Company's
outstanding common stock without the approval of the Board of Directors, subject
to certain exceptions, would have triggered significant dilution in the voting
power of such person or group.

The amendment changes the date for expiration of the rights issued pursuant to
the Rights Agreement from October 28, 2010 to January 22, 2008. Accordingly,
the rights have expired, and the Plan has been terminated.

---

January 23, 2008
Dorel Industries Inc. Declares Quarterly Dividend

MONTREAL, CANADA /CNW Telbec/ --

Dorel Industries Inc. (TSX: DII.B DII.A) today announced it has
declared a regular quarterly dividend of US$0.125 per share on
the outstanding number of the Company's Class A Multiple Voting
Shares, Class B Subordinate Voting Shares and Deferred Share Units.

The dividend is payable on February 11, 2008 to shareholders
of record as at the close of business on February 1st, 2008.

CC - http://www.dorel.com

---

January 07, 2008
Pacific Cycle Recalls Schwinn Trailer Bicycles

WASHINGTON, D.C. (CPSC)( Schwinn-News ) --

Pacific Cycle Recalls Children's Trailer Bicycles;
Can Detach from Adult Bicycle and Injure Children.

The U.S. Consumer Product Safety Commission, in cooperation
with the firm named below, today announced a voluntary recall
of the following consumer product. Consumers should stop using
recalled products immediately unless otherwise instructed.

( To access color photos of the following recalled products,
see CPSC's Web site at www.cpsc.gov )
http://www.cpsc.gov/cpscpub/prerel/prhtml08/08156.html

Names of Products: InStep "Pathfinder," Schwinn "Run About,"
and Mongoose "Alley Cat" Trailer Bicycles Units: About 7,000
Manufacturer: Pacific Cycle Inc., of Madison, Wis. Hazard: The
coupler connecting the children's trailer bike to the adult's bicycle
has welds that can fail, posing a fall hazard to children.

Incidents/Injuries: Pacific Cycle has received one report of
the coupler failing, resulting in a fall and abrasions to the rider.

Description: The "Pathfinder," "Run About," and "Alley Cat"
are single-wheeled, children's bicycles that connect to an
adult's bicycle by a coupler. The recall includes model numbers:
12-PF250, 13-SC250, 13-SC350 and M5101.

The model number is located on the lower seat tube of the frame.
The affected couplers have welded plates; bicycles that have couplers
with cast parts are not included in this recall.

Sold at: Bicycle stores and retailers nationwide from January
2007 through August 2007 for between $80 and $120.

Manufactured in: China

Remedy: Consumers should stop using the trailer bicycle
immediately and contact the firm for a free repair kit.

Consumer Contact: For additional information, contact
acific Cycle toll-free at (877) 564-2261 between 8a.m.
and 5 p.m. CT Monday through Friday, or visit
www.instep.net - www.schwinnbikes.com - www.mongoose.com

CC - http://www.schwinnbike.com/news/press_detail.php?id=179
ACC - http://www.schwinnbike.com/images/recall_press_release.pdf
ACCC - http://www.cpsc.gov/cpscpub/prerel/prhtml08/08156.html

Recall Notice: Schwinn Runabout Coupler:
In cooperation with CPSC, Pacific Cycle, Inc issues a voluntary recall
on the Schwinn Runabout Coupler, model #13-SC250 and 13-SC350.

ACCCC -
http://www.phpbb88.com/genesbmx/viewtopic.php?t=4109&mforum=genesbmx

---

January 01, 2008
Nautilus Investors Final Results Meeting

VANCOUVER, WASHINGTON ( Marketwire ) --

Nautilus, Inc. and Sherborne Investors Announce Final Results of
Special Meeting of Shareholders. Four Sherborne Investors Nominees
to Join Three Incumbent Members on the Nautilus Board of Directors.

Nautilus, Inc. (NYSE: NLS) and Sherborne Investors LP said today
that the voting results from the December 18, 2007 special meeting
of shareholders confirmed that all four Sherborne Investors nominees
have been elected to the Company's Board of Directors. The final voting
results, which were certified by IVS Associates, also showed that all of
Sherborne Investors' other proposals were passed.

Effective immediately, Edward Bramson, Gerard Eastman, Michael
Stein and Richard Horn will join incumbent directors Robert Falcone,
Ronald Badie and Marvin Siegert on the Company's Board. Mr. Bramson
was elected as Chairman at a meeting of the Board today and Mr. Falcone
will remain as President and Chief Executive Officer.

Mr. Siegert will remain as Audit Committee Chairman, Mr. Stein will be
Chairman of the Compensation Committee and Mr. Horn will be Chairman
of the Nominating and Governance Committee. Mr. Badie will remain as
Lead Independent Director.

Edward Bramson said, "We appreciate the support of our fellow shareholders
and look forward to working with the new Board and management to implement
an effective strategy at Nautilus to return it to profitability and establish
a platform for future growth."

"I look forward to working with our newly reconstituted Board of
Directors," said Bob Falcone. "I believe very strongly in the future
of this Company and am committed to implementing the necessary
actions to restore it to sustainable growth."

About Nautilus, Inc.
Headquartered in Vancouver, Wash., Nautilus, Inc. (NYSE: NLS)
is a global fitness products company providing innovative, quality
solutions to help people achieve a healthy lifestyle.

With a brand portfolio including Nautilus®, Bowflex®, Schwinn®Fitness,
StairMaster®, Universal®, and Pearl iZUMi®, Nautilus manufactures and
markets innovative fitness products through direct, commercial, retail,
and international channels.

Formed in 1986, the company had 2006 sales of $680 million.
It has 1,450 employees and operations in Washington, Oregon,
Colorado, Oklahoma, Illinois, Virginia, Canada, Switzerland,
Germany, United Kingdom, Italy, China, Australia, and other
ocations around the world. Website: www.nautilusinc.com

---

December 26, 2007
Schwinn/Nautilus Building Sold At CTC

Boulder, CO --

The 93,743-square-foot Nautilus building at 1886 Prairie Way in
the Colorado Technology Center has been sold for $6.3 million.

Fitness company Nautilus Inc. (NYSE:NLS) sold the office and
warehouse building to a private investment group called 1886
Prairie Way LLC. Public records show the LLC registered to the
address of The Etkin Johnson Group in Denver. The real estate
company owns and operates several buildings within the Colorado
Technology Center.

Its offices were closed Wednesday for the holidays.
The deal closed on Monday, Christmas Eve.

Officials with Vancouver, Wash.-based Nautilus also could not be reached
for comment. In 2005, the company downsized its Louisville operations to
less than 135 employees. At the time, it planned to "maintain a presence
in Louisville mostly for product development, and for sales and
administrative support."

Nautilus entered Louisville in 2002 after acquiring the assets of Schwinn
Fitness, the indoor fitness brand of Schwinn Bicycle Corp., which built the
Louisville facility. Nautilus has approximately 1,500 employees worldwide.

Its brands include Nautilus, Bowflex, Schwinn
Fitness, StairMaster, Trimline and Pearl Izumi.

---

December 19, 2007
Pacific Cycle Forms With Champion System

NEW YORK & MADISON, Wis. (BUSINESS WIRE) --

Pacific Cycle Forms Strategic Alliance with Champion System.

Pacific Cycle, the leading supplier of bikes in the U.S. under brands
including Schwinn®, Mongoose® and GT Bicycles®, and Champion
System, a manufacturer of customized performance apparel, today
announced the signing of a multi-tiered sponsorship and licensing agreement.

Under the terms of the agreement, Champion System will become
an official licensee for Schwinn, GT Bicycles and Mongoose cycling
apparel and the exclusive technical apparel provider for the GT and
Mongoose Pro Mountain and BMX Teams excluding BMX and mountain
bike race pants. As part of this strategic alliance, GT Bicycles is also
joining Champion System as a sponsor of the Jelly Belly Pro Cycling team.

“Champion System will provide our retailers and pro athletes with
the high-quality, fully customized technical apparel they need to be
competitive,” said Steve Reeds, Executive Vice President and General
Manager of Pacific Cycle’s IBD division. “Whether you’re a shop looking
to make jerseys for a club-level team or a company making a special
jersey for a World Champion rider, Champion System is a great solution
for custom apparel.”

Champion has simplified the custom apparel
business for retailers and consumers by offering:

* Low minimums – 10 pieces for jerseys and 50 pairs for socks
* Affordable pricing – As low as $45 for a customized short-sleeve jersey
* Quick turnaround time – Delivery in as little as two weeks

Regardless of order size, Champion System shows attention to detail by
adding a radio pocket to bib shorts, scaling graphics to each particular
garment’s size through a digital sublimation process and using full-length
concealed zippers so that front graphics are clearly visible.

“With its portfolio of strong brands, growing dealer base, and winning pro
mountain bike and BMX race programs, we are excited to be aligning our
company with Pacific Cycle,” said Scott Kaylin, president of Champion
System. “We look forward to being an integral part of expanding the
Schwinn, Mongoose and GT Bicycle brands globally through our
customized team apparel and licensed product.”

Champion System currently makes cycling apparel for approximately
3,000 cycling teams. Champion System also manufactures customized
technical apparel for the motor sports industry and team sports, such
as soccer and rugby.

About Champion System

Founded by competitive cyclists, Champion System combines their
knowledge of the apparel business with a love of the sport to offer the
finest pro quality garments to the cycling masses. By allowing teams,
retailers, clubs and individuals to order custom uniforms with unlimited
colors and low minimums, Champion System sets a new standard in
the custom cycle wear business. Champion System continues this
practice with its simple and all-inclusive pricing structure.

www.champ-sys.com

About Pacific Cycle

Pacific Cycle’s parent company, Dorel Industries (TSX: DII.B, DII.A),
is engaged in the designing, manufacturing and marketing of a diverse
portfolio of powerful consumer brands, sold through its Juvenile,
Recreational/Leisure and Home Furnishings segments.

Headquartered in Montreal and with significant operations in the United
States and Europe, Dorel employs approximately 4,700 people in 15
countries. Annual sales are US$1.8 billion and are made in over 60
countries worldwide.

ACC - http://www.pacific-cycle.com/news/news_detail.php?id=649

---

December 18, 2007
GT Bicycles And Ritchey Sponsor Jelly Belly

Business News Wire --

GT Bicycles and Ritchey Design Sponsor Jelly Belly Pro Cycling Team.

www.gtbicycles.com - GT Bicycles and Ritchey Design Inc. today
announced the signing of sponsorship agreements with the Jelly
Belly Pro Cycling Team, a continental bicycle road cycling team.

As a direct result of a strategic partnership with Jelly Belly Pro Cycling
Team's apparel sponsor Champion System, GT Bicycles signed a deal
to become the exclusive bicycle frame supplier for two years starting
January 1, 2008. Ritchey Design will be the exclusive provider of
handlebars, stems and seatposts to the Jelly Belly Pro Cycling
Team for the 2008 racing season.

"Our riders depend on their equipment, so they can focus on the
extreme demands of training and racing," said Jelly Belly Pro Cycling
Team Director, Danny van Haute. "My team has 100% confidence in
the race-proven products GT Bicycles and Ritchey are providing.
We're excited to welcome these two strong partners to our
distinguished roster of sponsors."

The Jelly Belly Pro Cycling Team will be riding GT Bicycles' GTR Team
racing frame, a lightweight and stiff carbon fiber monocoque road frame,
which is manufactured through GT Bicycles' proprietary composite
manufacturing process called Force Optimized Construction. GTR Team
bikes are available to consumers through independent bicycle dealers (IBD).

"GT Bicycles has a long-standing commitment to racing," said Steve
Reeds, executive vice president and general manager of Pacific Cycle's
IBD division. "We are proud to align GT Bicycles with the Jelly Belly Pro
Cycling team."

Founded by product innovator Tom Ritchey in 1974 and well-known
for attention to detail and high-quality components, Ritchey Design
will supply all "cockpit" components including their WCS Carbon 1-Bolt
seatposts, WCS Alloy handlebars, WCS Carbon 4AXIS stems and Pro
Oversized 30-degree stems and alloy adjustable stems for time trial bikes.

"We believe bike racing is the best place to prove our component
designs," said Steve Parke, Ritchey Design's general manager and
vice president of marketing. "Jelly Belly Pro Cycling's team roster
has some of the best racers in the U.S. and we are looking forward
to helping them have a successful year."

In the last two years, Jelly Belly Pro Cycling Team riders have
accumulated 47 wins and close to 100 podium finishes in both domestic
and foreign events as they've raced in front of nearly 9 million spectators.

In 2007, the team took the individual and overall victory at the Tour
of Hong Kong to Shanghai, first place general classification rider at the
Redlands Bicycle Classic, the Georgia Cup, the Tri Peaks Challenge,
and the Missouri State Road Championships, as well as first place Team
Classification at stage 7 of the Amgen Tour of California, a stage win at
the Sea Otter Classic and Sport Beans(R) King of the Hill jersey at the
Nature Valley Grand Prix. With the addition of pro veterans Bernard Van
Ulden and Olympic hopefuls Brad Huff and Todd Wells, the team is poised
for another successful season in 2008.

Team Partners -0- Jelly Belly(R) Candy Company - Fine Confectioner
ARAMARK - Worldwide Leader in Business Services GT Bicycles - Bicycles
Richey Design - Cockpit components Champion System - apparel sponsor
Campagnolo - Bicycle Components Lake - Cycling Footwear Gatorade -
Hydration and Nutritional Park Tool - Bicycle Repair Tools and Pumps
Rudy Project - Helmets and Performance Eyewear Inno Advanced Racks
- Automobile Bicycle Racks Fi'zi:k - Saddles and Handlebar Tape
Speedplay -- Pedals Hutchinson - Performance Tires and Inner
Tubes Arundel - Water Bottle Cages

Jelly Belly(R) is a registered trademark of the
Jelly Belly Candy Company, Fairfield, CA 94533.

About GT Bicycles
Built on its race-proven performance products, GT Bicycles has been
designing technologically advanced bikes in the road, mountain and
BMX categories since 1973. For more information about GT Bicycles,
please visit www.gtbicycles.com

Pacific Cycle and its GT Bicycles brand are part of the Dorel Industries
group of companies. Dorel Industries (TSX: DII.B, DII.A) is engaged in
the designing, manufacturing and marketing of a diverse portfolio of
powerful consumer brands, sold through its Juvenile, Recreational/Leisure
and Home Furnishings segments. Headquartered in Montreal and with
significant operations in the United States and Europe, Dorel employs
approximately 4,700 people in 15 countries. Annual sales are US$1.8
billion and are made in over 60 countries worldwide.

About Ritchey Design, Inc.

Northern California-based Ritchey Design was founded by road racer,
mountain bike pioneer and product innovator Tom Ritchey in 1974. The
company is well-known for its technical merits through attention to detail
during the product design phase, resulting in high-quality, reasonably
priced road and mountain bike components.

Under its Fit Logic philosophy, Ritchey Designs offers a wide range of
"cockpit" components (handlebars, stems and seatposts) that help riders
custom fit their bikes for a more efficient, comfortable, and enjoyable ride.

Ritchey Designs also offers a complete line of innovative products
ranging from headsets to tires for professional racers and the serious
weekend rider, as well as its line of "Break-Away" travel bicycles for
traveling cyclists. For more information about Ritchey Design, please
visit www.ritcheylogic.com

About the Jelly Belly Professional Cycling Team:

Entering its ninth year of professional bicycle racing, The Jelly Belly Pro
Cycling Team is a Continental team composed of 12 riders who compete
throughout the United States in races sanctioned by USA Cycling on the
National Racing Calendar. For information about the team, please visit
www.jellybellycycling.com

About Jelly Belly Candy Company:
Jelly Belly Candy Company makes the taste defining Jelly Belly
jelly beans in 50 official flavors and an ever changing array of
new flavors and limited editions.

The company that put the gourmet jelly bean on the map became
known worldwide when Jelly Belly beans were taken to the White
House during the Ronald Reagan administration. Today, Jelly Belly
beans are celebrating 30 years of fun and flavor, and are the leading
jelly bean brand.

For more information about Jelly Belly jelly beans, go online at
www.JellyBelly.com or contact the Jelly Belly Hotline at 800.522.3267

---

December 05, 2007
Nautilus Inc And Dick's Sporting Goods

VANCOUVER, WASHINGTON (Marketwire) --

Nautilus, Inc. and Di ck's Sporting Goods, Inc. Announce
Integrated Fitness Partnership Beginning Fall 2008.

Global fitness company Nautilus, Inc. (NYSE: NLS) and leading
sporting goods retailer Di ck's Sporting Goods, Inc. have announced
an integrated fitness partnership for fall 2008.

The new partnership will include an 8-10 item assortment of premium
branded home fitness equipment, along with merchandising and marketing
support that meets the expectations of Di ck's Sporting Goods shoppers.
Previously, Di ck's Sporting Goods floored 3-4 items and has tested larger
store-within-a-store assortments from Nautilus.

"We are looking forward to an exciting new partnership specifically
designed to reach Di ck's Sporting Goods shoppers with premium fitness
equipment," said Ed Stack, chairman of the 340-store sporting goods retailer.

"We will be using the next 6-8 months to work with the leadership at
Nautilus to introduce a sustainable presentation of premium branded
equipment, much as we have done in other sections of our stores."

Specific items were not described for competitive reasons but will include
an assortment of cardiovascular and strength equipment geared toward
those who exercise frequently at home.

"We are honored to have been selected by Di ck's management for this
exciting initiative," said Tim Joyce, Sr. Vice President of Global Sales for
Nautilus, Inc. "This retail partnership is a promising glimpse into the
future of Nautilus customer relationships."

About Di ck's Sporting Goods, Inc.
Di ck's Sporting Goods, Inc. is an authentic full-line sporting goods
retailer offering a broad assortment of brand name sporting goods
equipment, apparel, and footwear in a specialty store environment.
As of November 3, 2007, the Company operated 340 stores in 36
states primarily throughout the eastern half of the U.S.

The Company also owns Golf Galaxy, a multi-channel golf specialty retailer,
with 77 stores in 29 states, ecommerce websites and catalog operations.

About Nautilus, Inc.
Headquartered in Vancouver, Wash., Nautilus, Inc. (NYSE: NLS)
is a global fitness products company providing innovative, quality
solutions to help people achieve a healthy lifestyle.

With a brand portfolio including Nautilus®, Bowflex®, Schwinn®Fitness,
StairMaster®, Universal®, and Pearl iZUMi®, Nautilus manufactures and
markets innovative fitness products through direct, commercial, retail,
and international channels.

Formed in 1986, the company had 2006 sales of $680 million.
It has 1,450 employees and operations in Washington, Oregon,
Colorado, Oklahoma, Illinois, Virginia, Canada, Switzerland,
Germany, United Kingdom, Italy, China, Australia, and other
locations around the world. Website: www.nautilusinc.com

ACC - www.nautilusinc.com -&- www.dickssportinggoods.com

---

November 15, 2007
Dorel Industries Looks At Buying Cannondale

Madison, WI --

With the Canadian “loonie” at near record levels against the dollar,
rumors are rife that Canada’s Dorel Industries, which owns Pacific
Cycles, is kicking tires and weighing frames as it ponders a purchase
of Cannondale.

Those rumors have spiked of late but Jeff Frehner, Pacific’s president
and chief executive officer, said at this point they are just rumors.
A call to Cannondale’s Matt Manley remains unreturned.

Frehner said Pacific wants to bolster its IBD investment and that could
include a purchase of Cannondale or others. “They (Dorel) are committed
to spending money on that segment,” he said. Frehner, recognizing that
some specialty retailers worry about Pacific’s position in the mass market,
said Dorel could look at setting up a separate company focused solely on
IBD sales of GT and other brands. Pacific, which has had modest success
selling Schwinns to IBDs, could add Schwinn to its IBD mix.

Nonetheless, Cannondale has been for sale for months.
And Pegasus, a private equity firm, has been hard-pressed
to find a buyer.

The original asking price was pegged at around $200 million,
but few think Pegasus will get it. Given the Canadian dollar’s
position against the U.S. dollar, a Dorel purchase could yield
an effective discount off the final negotiated purchase price.

Pegasus bought a bankrupt Cannondale in January 2003 for
approximately $58 million. The fact that Cannondale also owns
Sugoi, a Canadian clothing company it bought in July 2005 plus
a licensing agreement with shoemaker Diadora, makes for a
more complicated sale.

Dorel, a publicly traded company in Canada, is sniffing around for
acquisitions and Cannondale is one of them, according to Canadian
analysts who track Dorel and rate it as a market performer. Dorel
enjoys annual sales of $1.8 billion and employs about 4,700 people
worldwide. It’s also considered a savvy manager of logistics with
extensive experience in Europe and Asia.

The company currently is generating ample free cash flow for a
purchase even as it aggressively reduces debt. It generated some
$70 million during the first nine months of this year.

And Pacific Cycle, part of Dorel’s recreation and leisure group, is also
performing well. Revenue was up 9.6 percent to $288.9 million while
earnings from operations rose 35.2 percent to $27.1 for the first nine
months of the year.

Currently, GT is positioned in the United States as an IBD-brand
only while Schwinn is sold through mass merchant, sporting goods
and specialty retail channels. Mongoose, while also sold in all three
channels, is the leading BMX brand in the UK.

---

November 14, 2007
New Schwinn Tires and Tubes Launched

Gene`s BMX News --

Schwinn/PTI Sports has launched some new looking
tires and tubes in to the mass market chain stores,
Walmart, Target, Toys R Us. exta. The new Schwinn
tires and tubes are manufactured and distributed by
PTI Sports Inc, providing quality products for Schwinn.

schwinn tire01.jpg | schwinn tire02.jpg | schwinn tire03.jpg | schwinn tire04.jpg
schwinn tube01.jpg | schwinn tube02.jpg | schwinn tube03.jpg | schwinn tube04.jpg

About the Schwinn branded parts and accessories,

Back in year 2002 Pacific Cycle/Schwinn signed a multi-year deal
with parts and accessory maker PTI in which to PTI to produce and
distribute Schwinn, GT and Mongoose-brand parts and accessories
to mass merchants, sporting goods chains and specialty retailers.
It covers a wide range of bicycle parts and accessories, including
helmets, locks, pumps, water bottles, bags, gloves and saddles.

The products can be found at specialty retailers and mass merchants.

---

November 01, 2007
Pacific Cycle's Third Quarter Revenue Up

MADISON, WI --

Pacific Cycle's third quarter revenue was up 2.3
percent to $81.3 million from $79.4 million a year ago.

Earnings from operations declined 10 percent to $6 million from
$6.6 million a year ago. For the nine months, revenue totaled $288.9
million, up 9.6 percent from $263.8 million last year. Earnings from
operations rose 35.2 percent to $27.1 million, compared to $20.1
million last year.

The year-to-date progress underlines the benefits of Pacific’s strategy
of strong and exclusive branding. The segment has broadened its product
lines in 2007; nonetheless the majority of the revenue growth this year is
due to an improvement in its core bicycle business with sales increasing
to both new and existing customers in the mass merchant and independent
bicycle dealer (IBD) network. Additional dealers continue to join the IBD
network, an endorsement of Pacific’s decision to dedicate its GT line
exclusively to this channel.

ACC - www.pacific-cycle.com | www.dorel.com

---

October 30, 2007
Dorel Industries Posts Solid Third Quarter

MONTREAL Canada --

Dorel Industries Inc. (TSX: DII.B DII.A) today released results
for the third quarter and nine months ended September 30, 2007.
The Company continued to strengthen its position in its Juvenile
and Recreational/Leisure segments and registered significant
progress in Home Furnishings as it pursued the segment's program
of cost reductions and capacity adjustments, particularly in the
ready-to-assemble furniture division.

Revenue for the quarter was US$440.1 million, up slightly from
US$436.3 million for the third quarter last year. Net income for
the three months was US$26.4 million or US$0.79 per diluted share
compared to US$25.1 million or US$0.76 per diluted share a year ago.

For Dorels Full Press Release, Please Click Here!
http://www.newswire.ca/en/releases/archive/October2007/30/c9580.html

---

October 24, 2007
Schwinn`s BMXer TJ Lavin Injury Report

Orlando, FL --

Schwinn BMX rider TJ Lavin sustained a serious injury during
Dirt pre-lims at the last stop of the AST Dew Tour in Orlando,
FL. TJ suffered two compound fractures on his left leg breaking
both the tibia and fibula.

He was rushed to the hospital and straight into surgery.
The procedure went really well, and he is expected to
make a full recovery.

As usual TJ has had an amazing attitude about the situation,
and he will use this downtime to concentrate on his music.

His debut album Lavs, The First Set can be found on iTunes
as well as his music website www.lavslab.com

But he is probably most known as being the host of one of MTV’s
most popular TV shows The Real World/Road Rules Challenge.

TJ is an amazing rider, but an even more amazing person, so
drop him a line and let him know that you’re thinking about him.
Take care, TJ! Thanks for a great season, and get well soon!!

CC - http://www.schwinnbike.com/news/press_detail.php?id=177

ACC - AST Dew Tour BMX Dirt Prelim TJ Lavin Breaks Leg

---

October 18, 2007
Nautilus Inc Third Quarter 2007 Results

VANCOUVER, WASHINGTON --

Global fitness company Nautilus, Inc. (NYSE: NLS) today announced
quarterly results for the three-month period ended September 30, 2007.
Also today, the company's new President and Chief Executive Officer,
Robert S. Falcone, announced Nautilus' restructured operating strategy
and principles intended to drive shareholder value.

With a brand portfolio that includes Nautilus®, Bowflex®,
Schwinn®Fitness, StairMaster®, Universal®, and Pearl iZUMi®,
Nautilus manufactures and markets a complete line of innovative
health and fitness products through direct, commercial, retail,
and international channels.

Nautilus reported that net sales for the three months ended
September 30, 2007, were $134 million, compared to $159.6
million for the corresponding period last year, down 16 percent.

Third Quarter Recap - ( More ).

---

October 12, 2007
Nautilus Announces Reduction In Workforce

VANCOUVER, WASHINGTON --

Fitness company Nautilus, Inc. (NYSE: NLS) today announced that it is
reducing its workforce by about 140 positions, including about 80 at the
company's headquarters, to trim its expenses by more than $10 million
on an annualized basis.

The adjustments equate to about 9 percent of the company's
workforce and about 12 percent of its annualized compensation.
Severance and benefits packages based upon years of service
are being offered to affected staff.

"We are pursuing this workforce reduction, along with a number
of other restructuring initiatives, to improve operating margins in
a period of lower-than-expected sales," said Bob Falcone, Chairman
and CEO of Nautilus, Inc. "We regret the impact to staff, families and
communities but must make tough decisions now to assure a bright
future for this company and long-term value for our shareholders."

About Nautilus, Inc.

Headquartered in Vancouver, Wash., Nautilus, Inc.
(NYSE: NLS) is a pure fitness company that provides
tools and education necessary to help people achieve
a fit and healthy lifestyle.

With a brand portfolio that includes Nautilus®, Bowflex®,
Schwinn®Fitness, StairMaster®, Universal®, and Pearl
iZUMi®, Nautilus manufactures and markets a complete
line of innovative health and fitness products through
direct, commercial, retail channels.

The Company was formed in 1986 and had sales of
$680 million in 2006. It has 1,500 employees and
operations in Washington, Oregon, Colorado, Oklahoma,
Illinois, Virginia, Canada, Switzerland, Germany, United
Kingdom, Italy, China, Australia, and other locations
around the world.

More information is at http://www.nautilusinc.com

---

October 11, 2007
Schwinn`s Road Trippin With VitalBMX.com

Utah USA --

The members of our Mongoose/GT/Schwinn BMX Freestyle Team were
cruising around Utah in an RV a couple of weeks ago, and VitalBMX.com
was there to catch all the action.

Not only did the guys hit a bunch of skate parks on their trip,
but they also stopped to do an autograph signing and visit a
local dealer--5050 BMX.

The coverage will start airing this Friday,
October 12th on www.VitalBMX.com Check it out!!

CC - http://www.schwinnbike.com/news/press_detail.php?id=176

Vital Road Trip: GT, Schwinn, & Mongoose Story, Video + Photos

Clich Here! For Vital Road Trip: GT, Schwinn, & Mongoose

---

September 25, 2007
Dorel Declares Quarterly Dividend

MONTREAL, CANADA /CNW Telbec/ --

Dorel Industries Inc. (TSX: DII.B DII.A) today announced it has
declared a regular quarterly dividend of US$0.125 per share on
the outstanding number of the Company's Class A Multiple Voting
Shares, Class B Subordinate Voting Shares and Deferred Share Units.

The dividend is payable on October 18, 2007 to shareholders
of record as at the close of business on October 5, 2007.

Dorel Industries (TSX: DII.B, DII.A) is a global consumer products
company engaged in the designing, manufacturing and marketing
of a diverse portfolio of powerful consumer brands, sold through
its Juvenile, Home Furnishings, and Recreational/Leisure segments.

---

September 24, 2007
Pacific Cycle Partnership With Dodge Brand

LOS ANGELES, CA /PRNewswire/ --

Pacific Cycle Rounds up Dodge Brand
for Powerhouse Licensing Partnership.

Pacific Cycle Inc., the world's leading supplier and marketer
of bicycles and owner of popular recreational brands including
Schwinn(R) and Mongoose(R) bicycles and KidTrax(TM) electric
ride-on vehicles announced today a licensing agreement with
the Dodge brand. Through this agreement facilitated by Brand
Sense Partners, LLC., an integrated brand extension and business
development firm and the exclusive licensing agency for Dodge,
Pacific Cycle will develop Dodge-branded products including
children's and adult bicycles and children's motorized ride-ons.

"Pacific Cycle focuses on integrating strong play value, safety,
realism and innovation in our products," said Danna Dueck,
licensing manager for Pacific Cycle. "We are excited to partner
with Dodge by integrating the brand's passion, strength, and
boldness into our bicycles and children's motorized ride-ons."

"Pacific Cycle has a long heritage delivering consumers top-notch
recreational products," said Ramez Toubassy, president of Brand
Sense Partners. "It's a natural fit to align the world's leading supplier
and marketer in the bicycle category with the Dodge brand. We are
certain this alliance will prove successful for both parties involved
while producing high quality, fun products for children and adults alike."

Pacific Cycle's license agreement covers a variety of Dodge nameplates,
including Viper, Charger, Ram, Rampage and HEMI(R). Product categories
will include children's electric ride-on vehicles; foot-to-floor ride-on
vehicles; and adult and juvenile bicycles.

Distribution channels will include leading mass market retailers such as
Wal-Mart, Target, Kmart and Toys "R" Us, as well as specialty toy retailers.
The first Dodge electric ride-on is expected to be released in spring 2008.

About Pacific Cycle Inc.

Pacific Cycle Inc. is a division of Dorel Industries, Inc. (TSX: DII.B,
DII.A) The company designs, markets and distributes a full range of
recreation products under the brand names of Schwinn, GT Bicycles,
Mongoose, Pacific, InSTEP, Pacific Outdoors, Schwinn Motor Scooters,
Kustom Kruiser, Roadmaster, Murray, PlaySafe, KidTrax and Dyno. The
company's licensing program develops products carrying the brands of
Disney(R), Dodge(R), Tonka(R), Groovy Girls(R), Corvette(R) and Bratz
Babyz(TM), among others.

About Brand Sense Partners

Brand Sense Partners, LLC accelerates the growth of new categories
of business for their clients by leveraging their brand equity and other
strategic assets. The firm's visionary team of diverse industry experts
develop, analyze and then execute new business initiatives -- while
reducing capital costs, risk and time to market.

The result: new highly profitable revenue and accelerated strategic
business growth. Brand Sense's broad range of clients include consumer
brands in the sports, entertainment, automotive, retail, fashion, cosmetics
and technology industries. Brand Sense Partners is headquartered in Los
Angeles.

For more information on Brand Sense Partners,
please visit http://www.bsp.com

About Dodge Licensed Products

Dodge and HEMI are trademarks of Chrysler LLC. Dodge consumer
products are manufactured and produced under license from Chrysler
LLC. The Dodge brand and all consumer-licensed Dodge products are
exclusively represented by Brand Sense Partners, LLC http://www.bsp.com

Dodge licensed products can be found in many channels of retail
throughout the world with primary distribution in the United States,
Canada, Europe, Asia, and South America.

---

September 21, 2007
Nautilus, Inc. And Pacific Cycle Inc. Partner Up

VANCOUVER, WA and MADISON, WI --

Nautilus, Inc. and Pacific Cycle Inc. Partner
up to Serve Independent Bike Dealers......

The two organizations who have shared control of the
Schwinn® brand since 2001, have formed a distribution
agreement to better serve the cycling and fitness needs
of the nation's independent bike dealers.

The agreement between Nautilus, Inc. (NYSE: NLS)
and Pacific Cycle Inc., a division of Dorel Industries Inc.,
involves equipping the Pacific Cycle sales force to market
Schwinn® Fitness and Bowflex® exercise products to the
company's 2,000 independent bike dealer accounts, in
addition to the outdoor cycling equipment the company
currently markets.

"This arrangement nearly triples the distribution opportunity for our
products through independent bike dealers where Pacific Cycle has
relationships," said Tim Joyce, Senior Vice President of Global Sales
for Nautilus, Inc. "This partnership will increase the opportunity for
Pacific Cycle to further build sales relationships while minimizing the
infrastructure required to present our brands in this important specialty
retail channel."

"We're happy to be partnering with Nautilus and to be selling Schwinn
Fitness and Bowflex equipment to the IBD channel. We look at this as
an opportunity for both of us to further strengthen our sales relationships
in the dealer network," said Steve Reeds, General Manager-Global IBD
Division of Pacific Cycle Inc. "Our goal is to make it as easy and
convenient as possible for dealers to supplement their bicycle sales,
with the well-respected Schwinn and Bowflex lines of fitness equipment."

The transition will be completed by October 1 and will be presented to
dealers at the upcoming Interbike show, the largest annual gathering
of bike dealers, in Las Vegas. Through the partnership, independent
bike dealers can offer certain models of Schwinn® Fitness upright and
recumbent exercise bikes, and ellipticals, plus certain Bowflex® home
strength training equipment.

About Pacific Cycle, Inc.

Based in Madison, Wisc., Pacific Cycle Inc., a division of
Dorel Industries Inc., is a global leader in branded consumer products.
Pacific Cycle designs, markets and distributes high quality bicycles and
other recreational products around the world. Pacific Cycle's products
span a wide range of brands including Schwinn, Mongoose, GT, and
Schwinn Motor Scooters. Pacific Cycle sells more bicycles than any
other company in North America, and sells products in more than 60
countries through more than 50 international distributors.

Headquartered in Montreal, Dorel Industries, Inc. is a global
consumer products company engaged in the designing, manufacturing
and marketing of a diverse portfolio of powerful consumer brands.

Dorel is listed on the Toronto Stock Exchange under the symbols DII.A
and DII.B in Canada and on the NASDAQ Exchange under the symbol
DIIB. Dorel employs approximately 5,000 people in 14 countries, and
has offices in Shanghai and Shenzhen, China that oversee Asian operations.

About Nautilus, Inc.

Headquartered in Vancouver, Wash., Nautilus, Inc. (NYSE: NLS)
is a pure fitness company that provides tools and education necessary
to help people achieve a fit and healthy lifestyle. With a brand portfolio
that includes Nautilus®, Bowflex®, Schwinn® Fitness, StairMaster(R),
and Pearl iZUMi®, Nautilus manufactures and markets a complete line
of innovative health and fitness products through direct, commercial,
retail, specialty and international channels.

The Company was formed in 1986 and had sales of $680 million in 2006.
It has 1,500 employees and operations in Washington, Oregon, Colorado,
Oklahoma, Illinois, Virginia, Canada, Switzerland, Germany, United
Kingdom, Italy, China, Australia and other locations around the world.
More information is at www.nautilusinc.com

---

September 21, 2007
Schwinn Launches 2008 Bicycles

Gene`s BMX News --

It looks like Schwinn has launched there
2008 bicycles lines on there web site today.
Check them out:
http://www.schwinnbike.com/products

We took a look at the Schwinn BMX Bikes.

Ounch! is all we can say. Schwinn does NOT offer
much in its BMX dept. Not even a BMX race bike.
Oh well. - But anyways Check out all of them 2008
Schwinn Bicycles as some of them do look cool.......

ACC - http://www.schwinnbike.com

Also note that the GT Bicycles and Mongoose Bicycles
http://www.gtbikes.com -&- http://www.mongoose.com
Have been updated with new 2008 bicycles. Along with
a hole new web site lay out.

Once again, bicycle web sites with mass flash script.
They Suck! -- Yo!, Pacifc Cycle, A news flash for you,
If the consumer wants a movie, They will go to the theater.

The new web sites some what loads slow becouse
of all the flash script, So pop some pop corn and
let it load if you have the time. The new GT and
Mongoose web sites lay-out with all the flash script
is not to well thought out for the every day consumer
to surf in to look and see what GT and Mongoose offers
as it take some time to let every thing load up to view.

So, Surf in, That is, if you can and check out
the new 2008 GT and Mongoose Bicycles too.

Enjoy for now,

ACC -
http://www.phpbb88.com/genesbmx/viewtopic.php?t=3563&mforum=genesbmx

---

September 06, 2007
Nautilus Appoints Timothy Joyce To Global Sales

VANCOUVER, WASHINGTON (Marketwire) --

Nautilus, Inc. (NYSE: NLS) announces the appointment
of long-time sporting goods executive Timothy Joyce, 51,
to the newly formed position of Senior Vice President
of Global Sales. Joyce most recently was President and
Chief Operating Officer of HO Sports, the leading
company in water sports based in Redmond, Wash.

"Tim's global sales experience across multiple channels fits
perfectly as we begin the process of reshaping Nautilus into
a global fitness company leveraging our leading brands," said
Bob Falcone, Chairman and Chief Executive Officer of Nautilus,
Inc. "He brings important expertise in developing and delivering
brand-driven staff, training and global selling processes
throughout the world."

Joyce was with Nike, Inc. for 19 years from 1980 to 1999,
where he progressed to serve as director of European sales,
and as vice president of global sales. He was president of
Internet sporting goods retailer fogdog.com from 1999 to
2000, and served as executive vice president of retail and
wholesale sales for adidas America from 2001 to 2004.

Joyce has completed his master's coursework in sports
administration at Ohio University (1979) where he played
collegiate basketball and was honored as a distinguished
alumnus. He was drafted by the Cleveland Cavaliers and
played professional World Cup basketball in Greece.

Joyce lives in the Portland, Ore., suburb of Lake Oswego
with his wife and two daughters. He begins with Nautilus,
Inc. September 17, 2007.

About Nautilus, Inc.

Headquartered in Vancouver, Wash., Nautilus, Inc.
(NYSE: NLS) is a pure fitness company that provides
tools and education necessary to help people achieve
a fit and healthy lifestyle.

With a brand portfolio that includes Nautilus®, Bowflex®,
Schwinn® Fitness, StairMaster®, and Pearl iZUMi®, Nautilus
manufactures and markets a complete line of innovative health
and fitness products through direct, commercial, retail, specialty
and international channels.

The Company was formed in 1986 and had sales of $680
million in 2006. It has 1,500 employees and operations in
Washington, Oregon, Colorado, Oklahoma, Illinois, Virginia,
Canada, Switzerland, Germany, United Kingdom, Italy, China,
Australia and other locations around the world.

More information is at http://www.nautilusinc.com

---

August 13, 2007
Nautilus Gregg Hammann To Step Down

VANCOUVER, WASHINGTON --

The board of directors of Nautilus, Inc. (NYSE: NLS)
and Gregg Hammann announced today that Mr. Hammann
is stepping down from his position as president and chief
executive officer of the company, as well as resigning his
seat on the company's board, effective immediately.

Robert S. Falcone, the company's current lead independent
director, will serve as chairman and will also fill the role
of president and chief executive officer on an interim basis,
effective immediately.

Mr. Falcone said, "On behalf of the board of directors,
we want to thank Gregg for the hard work and dedication
that he has shown Nautilus over the past four years. Under
his leadership, the company has meaningfully improved its
operations and positioned the company as the premier fitness
equipment company in the world. We appreciate all of his
efforts and wish Gregg every success in the future."

"I have enjoyed the opportunity to lead this great company over
the past four years. It has been a pleasure to work with such
talented people throughout the organization," said Mr. Hammann.
"Nautilus is a company with tremendous potential and I wish all
the employees continued success in the years ahead."

The independent directors have formed a search committee
and will begin the search for a new chief executive officer.

"I look forward to serving our employees, customers and
shareholders as interim CEO," said Mr. Falcone. "During
this important transition period for our company, the board
of directors and I are committed to working with our employees
to enhance our position as a leader in the strength and fitness
industry and charting a course for the future that will deliver
strong returns for our shareholders."

Mr. Falcone brings more than 33 years of management
and board experience to Nautilus, Inc. He is President
and Chief Executive Officer of GCR Custom Research,
served as Chief Financial Officer of Nike, Inc., and was
a partner of Price Waterhouse LLP. He is a board member
and former audit committee chairman of RadioShack Corporation.

About Nautilus, Inc.

Headquartered in Vancouver, Wash., Nautilus, Inc.
(NYSE: NLS) is a pure fitness company that provides
tools and education necessary to help people achieve
a fit and healthy lifestyle.

With a brand portfolio that includes Nautilus®, Bowflex®,
Schwinn® Fitness, StairMaster®, and Pearl iZUMi®, Nautilus
manufactures and markets a complete line of innovative health
and fitness products through direct, commercial, retail,
specialty and international channels.

The Company was formed in 1986 and had sales of $680 million
in 2006. It has 1,500 employees and operations in Washington,
Oregon, Colorado, Oklahoma, Illinois, Virginia, Canada, Switzerland,
Germany, United Kingdom, Italy, China, Australia and other locations
around the world.

More information is at http://www.nautilusinc.com

---

August 03, 2007
Nautilus Declares Quarterly Dividend

VANCOUVER, WASHINGTON --

Pure fitness company Nautilus, Inc. (NYSE: NLS) today
announced that its Board of Directors declared a regular
quarterly dividend of $0.10 per common share, payable
September 10, 2007, to stockholders of record as of
August 20, 2007.

About Nautilus, Inc.

Headquartered in Vancouver, Wash., Nautilus, Inc.
(NYSE: NLS) is a pure fitness company that provides
tools and education necessary to help people achieve
a fit and healthy lifestyle.

With a brand portfolio that includes Nautilus®, Bowflex®,
Schwinn® Fitness, StairMaster®, and Pearl iZUMi®, Nautilus
manufactures and markets a complete line of innovative health
and fitness products through direct, commercial, retail, specialty
and international channels.

The Company was formed in 1986 and had sales of $680 million
in 2006. It has 1,500 employees and operations in Washington,
Oregon, Colorado, Oklahoma, Illinois, Virginia, Canada, Switzerland,
Germany, United Kingdom, Italy, China, Australia and other locations
around the world.

More information is at http://www.nautilusinc.com

---

August 02, 2007
Dorel Reports Second Quarter Results

MONTREAL, Canada /CNW Telbec/ --

Dorel Industries Inc. (TSX: DII.B DII.A) today released results
for the second quarter ended June 30, 2007. Revenue was US
$459.0 million, up 5.3% from US$435.9 million for the second
quarter last year.

Net income for the period was US$10.8 million or US$0.32 per
diluted share compared to US$17.9 million or US$0.55 per diluted
share in 2006. These figures include the costs associated with the
previously announced restructuring activities at both Dorel Europe
and Ameriwood, complete details of which are included within this
press release. Excluding these restructuring costs, adjusted net income
for the second quarter was US$19.8 million or US$0.59 per diluted
share versus US$18.1 million or US$0.55 per diluted share in 2006.

Revenue for the six months totaled US$914.7 million, compared
to US$886.9 million a year ago. Year-to-date net income was
US$38.8 million or US$1.17 per diluted share, compared to last
year's US$42.1 million or US$1.28 per diluted share. 2007 adjusted
six month net income, excluding restructuring costs, was US$49.1
million or US$1.48 per diluted share. 2006 adjusted net income for
the six months ending June 30 was US$42.6 million or US$1.30 per
diluted share.

"Our earnings improvement over last year's levels is attributed
to our gains at both Dorel Europe and at Pacific Cycle. While
we are pleased with those results, we are disappointed in the
earnings at our Home Furnishings segment. Each of the divisions
within this segment has challenges that they are dealing with.
As such, our focus will continue to be on this segment.

Finally, while the juvenile business in the United States is
experiencing lower 2007 sales levels, key new products
have been introduced and others will be launched later in
the year that will help improve sales in 2008," commented
Dorel President and CEO, Martin Schwartz.

Recreational/Leisure Segment

Pacific Cycle's second quarter revenue was up 16.7% to
US$119.8 million from US$102.6 million a year ago.

Earnings from operations jumped 132.7% to US$13.9 million
from US$6.0 million. For the six months, revenue totaled US$207.7
million, up 12.7% from US$184.3 million, while earnings from
operations rose 57.6% to US$21.1 million, compared to US$13.4
million last year. The segment has broadened its product line in 2007,
but the majority of the revenue growth in 2007 is due to improved
bicycle sales to both new and existing customers.

A portion of the significant earnings improvement in 2007 is due to
the fact that the second quarter of 2006 included a US$3.5 million
reserve that was taken at that time on specific bicycle inventory.

Bicycle sales were up substantially with strong sell-through at a
number of large retailers. Sales to the independent bicycle dealer
network also increased over the second quarter last year. Response
to the new Schwinn electric bike, first shipped earlier this year, has
been better than expected.

Sales of motor scooters are progressing with the dealer network
now numbering around 350 on the way to a forecast of 500 for
the year. The ride-on category, formerly with Juvenile, is doing
well with a specific team dedicated to this product line.

For Full Financial And Results Report Please See:
http://www.newswire.ca/en/releases/archive/August2007/02/c3476.html

CC - http://www.dorel.com

---

July 11, 2007
Schwinn Presents Diabetes Fundraisers With New Road Bikes

Madison, Wis. --



Jim Stratton (L) and Nate Pluke (R) receive their new Schwinn
Fastbacks from Schwinn's Communications Director Mo Moorman
(middle). The two won the bikes from Schwinn, a sponsor of
Madison, Wisconsin's Tour de Cure.

Stratton's son, Kevin, was the 2007 event's top fundraiser.
Kevin was also the 2006 event's top fundraiser, and had won
a bike from Schwinn in '06 for his efforts, so he donated his
prize to his father, also a Tour de Cure participant.

Pluke's Tour de Cure team raised the most funds per person,
and Pluke won a drawing among his team members to take home
the prize Schwinn.

The American Diabetes Association is the nation's leading
501(C)3 nonprofit health organization providing diabetes
research, information and advocacy. Tour de Cure is a series
of cycling events held in more than 80 cities nationwide to
benefit the American Diabetes Association.

The Tour is a ride, not a race, with routes designed for
everyone from the occasional rider to the experienced cyclist.
Whether you ride 10 miles or 100 miles, you'll travel a route
supported from start to finish with rest stops, food to fuel your
journey and fans to cheer you on!

---

July 09, 2007
Another One For Harmony/Schwinn

South Africa --



Hanco Kachelhoffer has racked up yet another national
selection by making the All Africa Games Team, competing
in Algeria on the 14th of July. He will be accompanied by
Tiaan Kannemeyer (Konica Minolta), Nolan Hoffman (Exel),
Darryl Impey (MTN/Microsoft) and two development riders.

The Road Race is circuit style, totalling 150km for the day.
There is no Time Trial event in the games and the Ladies race
is on the same loop, a day later.

The team flies on the 6th of July with the rest of the All
African Games Squad and will be returning on the 16th
of July where the team will be together for the rest of the
years upcoming classics.

Michael Sowerby will be racing at the Knysna Oyster Festival
Road Race on Sunday the 8th of July for the team and Durwan
Benjamin has just recently returned from the Cape from racing
the UCI B World Championships.

Both Rupert Rheeder and Juan van Heerden are in recovery
after both sustaining knee injuries that have forced them
off the bike for a period of time.

---

June 18, 2007
Schwinn Bike.com Forums Bans More Users From Website

Gene`s BMX News --



Some emails afloat and some words are in the air that the
Schwinn Bike.com Forums has banned some more of its
long time users/members from the forums boards. Reasons
for the ban's are un-known. `sad sad sad'. A Power Trip.

Schwinn has to be the biggest joke there is with all the drama.
There is nothing like abit of drama over at Schwinn. It is all
most better than watching a day time soap on the television.

Some people are asking questions on why is the Schwinn Bike.com
banning its users/members? Questions are of a large on the whys.
But so fare Schwinn Bike.com has not said on the reasons why.

It is somewhat funny as some of the long time users/members get
the boot and are banned from the forums board as other users cry
out on asking why all of the banning of people. Not many people
cryed out for Gene`s BMX when he got the boot and was banned.

But, Actually it is all pretty simple to figure
out on why all of the banning is happening.

The people running the Schwinn Bike.com forums boards lay
them self's on a long seen power trip. They get off by banning
people from the site for unknown reasons or no reasons at all.

As of one day latter some of the banned Schwinn forums users
-members have had there membership privileges restored. hmm.

Unlike Gene`s BMX who was banned from the Schwinn Bike.com
Forums boards back this March 31st 2007 for un-known reasons
as the Schwinn Bike.com Forums Administrator exercised them self's
to a power trip to do so. Let alone on that, after they banned Gene`s
BMX from the forums, the Schwinn Bike.com Forums Administrator
made a point in to internet stocking by trying to rebut quotes of questions
that long time Schwinn Consumer, Gene`s BMX asked by posting up
rebutted posts trying to degrade Gene`s BMX in on the Schwinn Bike
.com Forums BMX board. Since, they have been deleted but as if any
one knows what you post or make on the world wide web is always
there for ever, even if it is deleted' it is still archived by and in the internet
protocols of the bibliographic records. That is what the web is all about.

The Schwinn Bike.com Forums Administrators banning people, Is it a
power trip or a bad hair day? Who knows, who cares but in all it makes
all of anything by Schwinn look bad. Why does it make them look bad?

It makes for bad opinions by the consumers of Schwinn`s bicycles.

Since the people that are running the Schwinn bikes web site have
bad attitudes and problems, You would also think that the people
that are building and making the Schwinn bikes would have bad
attitudes and problems too? -`just an opinion'.

They all work and represent the Schwinn Bicycle Co as ONE..
Bad attitudes, That is bad quality. Good attitudes and respect
for the consumers, - that is what builds reputation that makes
for a good quality bicycle company.

The Schwinn Bicycles does show lack of respect, by banning
consumers from there web site and also blasting the consumers
after they ban them from there web site. This, showing bad
attitudes and bad quality. `Fact'

I know now - I would think hard before I would buy a
Schwinn bicycle or anything with the Schwinn brand name
on it. Schwinn has not much respect for its consumers.

---

June 18, 2007
Dorel Declares Quarterly Dividend

MONTREAL, Canada /CNW Telbec/ --
Dorel Industries Inc. (TSX: DII.B DII.A) today announced
it has declared a regular quarterly dividend of US$0.125
per share on the outstanding number of the Company's Class
A Multiple Voting Shares, Class B Subordinate Voting Shares
and Deferred Share Units.

The dividend is payable on July 6, 2007 to shareholders
of record as at the close of business on June 27, 2007.

---

May 31, 2007
300 Schwinn Bikes Go Missing/Recovered

Dallas, TX --
A container carrying 300 new kids bicycles was
declared missing from Pacific Cycle's Dallas shipping
yard on Tuesday. Pacific Cycle representatives said
the 40-foot steel container was probably stolen during
a break-in on Friday night or early Saturday morning.

The Schwinn bikes were intended to reach Tulsa, Oklahoma,
for the Tulsa Tough/Little 100 kids' race. The Tulsa Ride and
Race, with the support of The Children's Hospital at Saint
Francis, was designed to give 300 middle and high school
youth new bicycles for taking place in Tulsa's Little 100
cycling event or by completing a bicycle safety education course.

The youth were to pick up their bicycles on June 2 and take
place in a 10-kilometer ride the following day. Pacific Cycles
specially designed the Schwinn bicycles with the Tulsa Tough
Little 100 and Saint Francis logos. More than 40 Tulsa Tough
volunteers were scheduled to assemble the bikes yesterday.

Tulsa Tough organizers stated that the 300 youths would still
receive the promised bicycles, even if it meant manufacturing
300 new bicycles. Meanwhile, the organizers are working hard
to procure loaner bikes for all the youth still planning to
participate in the June 3 Tough Kids ride.

*** 296 Missing Schwinn Bikes Recovered ***

Dallas, TX --
A stolen container carrying 306 new kids bicycles was
recovered yesterday, though 10 of the bikes were missing.

Pacific Cycle representatives had declared on Tuesday that
the 40-foot steel container was taken from a Dallas shipping
yard over the holiday weekend.

The Schwinn bikes were intended to reach Tulsa, Oklahoma,
for the Tulsa Tough/Little 100 kids' race. The Tulsa Ride and
Race, with the support of The Children's Hospital at Saint Francis,
was created to give 300 middle and high school youth new bicycles
for taking place in Tulsa's Little 100 cycling event or by completing
a bicycle safety education course.

Pacific Cycles specially designed the Schwinn bicycles with the
Tulsa Tough Little 100 and Saint Francis logos. Dallas police
handed the goods over after the freight owner identified the
container in a police impounding yard.

The youth will now be able to pick up their bicycles on Saturday
and take place in the Tough Kids 10-kilometer ride on Sunday as
originally planned. To accommodate for the delay, a group of 40
bicycle mechanics and other volunteers joined the effort in unloading
and assembling all 296 bicycles.

“We’re thrilled and relieved the bikes have been found.

We’ve been overwhelmed with the outflow of support from
this community. It’s truly an amazing city," said Malcolm
McCollam, Tulsa Tough Ride and Race event director.

---

May 31, 2007
Schwai Joins Pacific Cycle As Director Of IBD Marketing

Madison, WI --
Jennifer Schwai will lead strategic marketing initiatives
for the GT Bicycles brand and oversee the Schwinn and
Mongoose brands in the global IBD channel in her post
as Pacific Cycle's director of IBD marketing.

“Jenni brings talent, drive and focus to a role that is critical
to our continued success in the IBD, and we’re very pleased
to have her on board,” said Jeff Frehner, Pacific Cycle’s
president and chief executive officer.

Prior to joining Pacific Cycle Schwai was brand manager
at Horizon Fitness, where she developed product and brand
strategies for the mass, warehouse club and department store
distribution channels. Before Horizon Schwai, she led the
Women's Specific Design business at Trek Bicycles.

“It's great to be back in the cycling industry and I'm very
pleased to work with Pacific Cycle and its array of strong
brands," said Schwai. Schwai holds an MBA from U.C.
Berkeley and an undergraduate degree in journalism from
UW-Madison. She will start at Pacific in early June, following
a visit to the Giro d’Italia.

---

May 24, 2007
Schneck Switches Gears In Multifaceted Job

Savannah, GA (SCAD) --
Mike Schneck (M.F.A, computer art, 2004) said he was
a “volleyball/basketball kind of guy.” Yet he can’t help
being inspired by his work environment at Pacific Cycle,
owner of the Schwinn, Mongoose and GT bike brands.

He now owns a Schwinn Super Sport road bike and said,
“Being surrounded by [bicycles] every day makes me want
to hit a trail when I can.”


SCAD alumnus Mike Schneck poses with a Schwinn Burnout,
a BMX-style bike that will be featured in stores later this year.

Schneck, who grew up in a suburb of Milwaukee, Wis., landed
a job at Pacific Cycle through a listing in a local newspaper
after he and his wife moved to the Madison, Wis., area in 2004.
“I felt that bicycles would be fun and energetic to design for,”
he said. “The fact that Schwinn is a household name was also
an attraction.”

On a given day, as art director for the company (he was
promoted from senior graphic designer in January), Schneck
might design a Web site, a catalog, an ad campaign or other
promotional materials for bicycles, skateboards or gas scooters.
He works hand-in-hand with product designers and sometimes
has a role in the actual creation of a product.

“He’s a very talented creative who also understands the
business side of the company,” said Mo Moorman, director
of corporate communications and new business marketing at
the company. “That’s critical for his role as art director.
His work is creative, yet practical and usable.”

Schneck said his favorite bicycle on the market now is the
Schwinn Roxie, a cruiser sold at Target. “It is not a bicycle
that I normally would design. I’m usually the BMX or mountain
bike guy, but I thought it would be fun to do a cruiser … the
cruiser is the classic bike that we think about from the good old
days ¬¬— wide handlebars, a [larger] saddle and maybe some
chrome fenders for that final touch,” he said.

Since Schneck joined the company, he has also been working
on graphics for a gas scooter, which in some cases is a moped
that goes up to 40 miles per hour and in others is just like a
motorcycle, with an ultimate speed of 100 miles per hour.

Schwinn, whose brand is 112 years old, entered the gas
scooter market for a stint in the 1950s; the product was
revived about three years ago. “My thought was that with
so much heritage behind us, we should use that to our
benefit as a graphic element,” Schneck said.

“Our catalog is about people having fun, and the graphic
elements are Americana inspired from the ’30s, ’40s and
’50s. We paired them together with bold colors to make
for an impactive catalog.”

Such experiences have proved challenging for Schneck, who
said, “I have learned quite a bit about branding and selling
bikes in different markets. The mass market, for instance, is
quite different than independent bike dealers. Learning about
our consumer is more difficult than I thought it would be.”

SCAD has prepared him well for such hurdles, however.

While a graduate student, he served as a student ambassador,
a volunteer who promotes the college through interaction with
prospective students. He also spent a lot of time in the library
and computer lab. “I can’t think of a time where my professors
didn’t push me or try to get the best out of me, and I still live
that to this day,” he said. “I am definitely not the most talented
artist in the world, but the effort and the time I put into my
classes paid off.”

Despite the demands of the job, Schneck enjoys working
in a casual atmosphere where jeans and dogs are welcomed
on a daily basis.

“I think the casual atmosphere keeps things in perspective,”
he said. “We do bikes and other outdoor items. It makes
sense that we are relaxed about what we do. Things might
get heated at times with opinions in the air, but we work
things out professionally and enjoy the rest of the day.”

“Mike’s got a terrific attitude,” Moorman said. “His work,
his demeanor and his professionalism have all served the art
department and our company well.”

Schneck will attend the 2007 HOW design conference in Atlanta
June 10-13. The conference, according to the HOW conference
Web site, is an “educational program to enable designers to better
balance the three key components of graphic design: creativity,
business and technology.” SCAD will have a booth at the conference.

CC - Savannah College of Art and Design

---

May 18, 2007
Seven Out Of Seven For Harmony/Schwinn

South Africa --
The Harmony/Schwinn Pro Men’s Team have managed to achieve
a remarkable SA National Team representation, by having all
seven riders being selected for various tours and events
around the world for the National Squad, in 2007 alone.


Photo - Michael Sowerby.

The latest edition being Michael Sowerby, who has been
selected for the SA National Team for the Tour of Morocco,
taking place from the 8th – 17th June 2007. He will be joining
team mate, Hanco Kachelhoffer, as well as Jeremy Maartens,
Chris Willemse (both CSC/Marcello) and Jaco Venter, Johan
Rabie from Exel.

Durwan Benjamin and Paul Minnaar will be representing
South Africa at the UCI B World Champs in Cape Town,
at the end of June.

Hanco Kachelhoffer has just recently returned from a European
campaign with the U23 National Team, where they were racing
the U23 Nations Cup. Juan van Heerden returns this weekend
from Europe after a short stint with the U23 team.

The team will be at the South African National Road and Time
Trial Champs, which are being held in Bloemfontein, from the
31st of May to 3rd of June.

---

May 02, 2007
Dorel Reports Solid First Quarter

MONTREAL,Canada /CNW Telbec/ --
Dorel Industries Inc. (TSX: DII.B DII.A) today released results for
the first quarter ended March 31, 2007. Revenue for the period was
US$455.7 million, up slightly from US$451.0 million last year.

Net income for the first quarter was US$27.9 million or US$0.85
per diluted share compared with US$24.2 million or US$0.74 per
diluted share in 2006. As announced earlier this year, Dorel
Europe is implementing significant operational changes related
to its production facility in Italy and a similar initiative is
in progress regarding facilities located in France.

As such, first quarter 2007 results include pre-tax restructuring costs
of US$2.1 million. After tax, this represents US$1.4 million or US$0.04
per diluted share. Therefore, adjusted net income for the first quarter,
excluding all restructuring costs in both years, was US$29.3 million or
US$0.89 per diluted share, versus US$24.5 million, or US$0.75 per
diluted share in 2006.

This represents an increase in net income of 19.7%.

Included in the 2007 adjusted net income of US$29.3 million,
or US$0.89 per diluted share, is a non-cash income tax recovery
of US$2.7 million or US$0.08 cents per share. Based on lower
tax rates expected to apply in future periods in one of the
Company's tax jurisdictions, the amount recovered represents
the impact of this rate reduction.

The Company is including adjusted earnings figures in this
press release that are considered non- GAAP financial measures,
as it believes this permits more meaningful comparisons of its core
business performance between the periods presented. Therefore
the terms "adjusted earnings from operations", "adjusted gross
margin", "adjusted net income" and "adjusted diluted earnings per
share" should be considered as non-GAAP measures.

Where applicable, the following segmented results exclude
restructuring costs and use the term "adjusted" when describing
these results. A reconciliation of adjusted earnings to GAAP
earnings is attached to the end of this press release.

"The positive first quarter at several of our divisions demonstrates
that our efforts in 2006 are paying off. Dorel Europe had its best
quarter ever with record sales and earnings. Ameriwood posted
earnings gains over last year on similar sales levels as things are
moving in the right direction. Board prices have stabilized; the
domestic plants are now better run with scrap levels down,
board yield up and inventories remaining stable.

Pacific Cycle domestic sales increased by almost nine percent over
last year, driven by both bicycle sales and related products such
as bike trailers," commented Dorel President and CEO, Martin Schwartz.

Recreational/Leisure Segment

First quarter Recreational/Leisure revenue increased 7.6% to US$87.9 million
compared to last year's US$81.7 million. Earnings from operations were down
2.8% to US$7.2 million from US$7.4 million. The decline in gross margins and
earnings in the quarter were the result of a decrease in international licensing
income. This decline offset the additional margin dollars generated on domestic
sales in the U.S.

Last year's modest decline in bicycle sales was reversed during
the first quarter as Pacific's main customers experienced strong
sell-through. Sales to the independent bicycle dealer network
were solid, with same store sales up.

The InStep brand also had a good first quarter with its trailers and strollers.
First shipments of the new Schwinn electric bike were made during the quarter.
The potential for this model is anticipated to be particularly strong in Europe.
Playsafe swing sets continue to sell well with major retailers and the brand is
picking up market share in its second year. Sales of gas-powered motor scooters
were stable.

Added to Pacific's line-up this year is the electric ride-on toy
business, transferred from DJG USA. With Pacific's well-entrenched
recreational distribution channel and a specific team dedicated to
the ride- ons, strong growth is projected. Note that the comparative
quarter revenue and earnings figures have been restated to reflect
the inclusion of the sales of these items that were sold by DJG USA
in the prior year. As such, 2006 revenues are US$4.5 million higher than
previously reported and earnings have been increased by US$0.4 million.

These same amounts have been reduced from the Juvenile segment
comparative figures as presented in this press release and all
related continuous disclosure documents.

Dorel Industries First quarter ended March 31. To see full
Summary of Financial Highlights and report, - Please see:
http://www.newswire.ca/en/releases/archive/May2007/02/c3708.html

---

April 27, 2007
Team Rwanda To Ride Schwinn Bicycles

MADISON, WI (BRAIN) --
Pacific Cycle, owner of the Schwinn Bicycles brand,
is providing Team Rwanda with Schwinn Peloton full
-carbon road race bikes for the team's training and
racing needs.

Team Rwanda, the first-ever national Rwandan cycling
team, is the result of Project Rwanda, a philanthropic
initiative that Pacific Cycle and Schwinn also support.

Project Rwanda is committed to furthering the economic
development of Rwanda through initiatives based on the
bicycle as a tool and symbol of hope. Team Rwanda’s
inaugural U.S. race is the upcoming Tour of the Gila
in New Mexico.

Pacific Cycle president and chief executive officer
Jeff Frehner is on Project Rwanda’s board of directors.

“I’m very pleased to provide Schwinn road race bikes
to Team Rwanda,” Frehner said. “Team Rwanda embodies
the spirit of Project Rwanda, and I believe the team will
surprise the cycling world with their talent, drive and passion
for the sport."

Team Rwanda’s five riders will make Silver City, New
Mexico, their first stop in their first-ever visit to American
soil. After the Tour of the Gila, they will go on to compete
in other American races during their stay in the United States.

They return home to race the Tour of Rwanda
on June 19, and later the African Games.

Visit http://www.projectrwanda.org for more
information about all of Project Rwanda’s initiatives.

---

April 25, 2007
Nautilus, Inc. Announces First Quarter 2007 Results

VANCOUVER, WA (MARKET WIRE) --
Pure fitness company Nautilus, Inc. (NYSE: NLS) today
announced results for the three months ended March 31, 2007.

Net sales for the three months ended March 31, 2007, were $158.8 million,
compared to $185.0 million for the corresponding period last year, down
14 percent. Net income for the quarter was $2.5 million, or $0.08 per
share, compared to $5.2 million or $0.16 per share for the first quarter
of 2006. Gross margins reached 46.1 percent, the highest level in seven
quarters.

"As we reported earlier, our international, apparel and commercial
businesses performed well," said Gregg Hammann, Chairman and
CEO of Nautilus, Inc. "However, we experienced sluggish trends in
the North American market for home fitness equipment in the first
quarter, causing cancellation of expected retail replenishment orders
and softness in direct."

"We expect to achieve stronger net sales through new innovation and
new promotions planned as the next fitness cycle begins the second half
of the year. Meanwhile, our gross margin-improving activities that began
in the back half of 2005 were evident again this quarter. Our efforts to
bring efficiencies to manufacturing, distribution, packaging, shipping and
transportation are putting us in an excellent position to improve bottom
line results as sales pick up."

For the second quarter of 2007, the company expects net sales of
$135-140 million and expected earnings of $0.03-$0.06 per share.
For the full year, the company expects net sales growth of 5-10
percent and earnings growth of 20-30 percent.

The first quarter 2007 investor conference call is scheduled for 5 p.m.
EDT (2 p.m. PDT) Wednesday, April 25, 2007. It will be broadcast live
over the Internet hosted at www.nautilusinc.com/events and will be
archived online within one hour after completion of the call.

In addition, listeners may call 800-576-7258 in North America and
212-748-2760 from outside North America. Participants will include:
Gregg Hammann, Chairman and Chief Executive Officer; and Bill
Meadowcroft, Chief Financial Officer.

A telephonic playback will be available from 4:00 p.m. PDT April 25
through 4:00 p.m. PDT, May 9, 2007. North American callers can dial
800-633-8284, and international callers can dial 402-977-9140 to hear
the playback. The passcode is 21333672.

About Nautilus, Inc.

Headquartered in Vancouver, Wash., Nautilus, Inc. (NYSE: NLS)
is a pure fitness company that provides tools and education
necessary to help people achieve a fit and healthy lifestyle.

With a brand portfolio that includes Nautilus®, Bowflex®, Schwinn®
Fitness, StairMaster®, and Pearl iZUMi®, Nautilus manufactures and
markets a complete line of innovative health and fitness products
through direct, commercial, retail, and international channels.

The Company was formed in 1986 and had sales of $680 million
in 2006. It has 1,500 employees and operations in Washington,
Oregon, Colorado, Oklahoma, Illinois, Virginia, Canada, Switzerland,
Germany, United Kingdom, Italy, China, and other locations around
the world.

More information is at http://www.nautilusinc.com

---

March 31, 2007
Schwinn Forums Bans Gene`s BMX, But I Have More Pride

Gene`s BMX News --
I guess Gene`s BMX has been ban from the Schwinn Forums.
It looks like all of my posts are gone and the account is froze.
- Oh well not my loss. I guess this is saying it is ok for other
people to post URL links to the Schwinn Catalog Time Line Page?
I have nothing to lose now if people do, Iv been ban from there.
So, Do as you do everyone...... LOL I guess there are ways to do
things even if it takes getting ban from a place you look up to.

That Schwinn2 Administrator is some strange dude. "backwards"
It has some bad attitude problems and giving that it makes
Schwinn bicycles look sad. Oh well, Schwinn is what the
people that work for them make of it. - They look sad.......

But I will do you one better - Schwinn Forums Administrators,
Gene`s BMX Invites and Welcomes any and all of the Schwinn
Forums Moderators, and Schwinn/Pacific Cycles employees to
surf my genesbmx.com web site. I also invite all of you to join
and post in on any of the bmx or bicycling post boards listed.

Join in and post a few things let people know what Schwinn is
up to. - Show your pride that you work with or help in building
Schwinn bicycles. If your the guy that runs the web site or if your
the guy that sweeps the office floors at Schwinn, I invite you and
I welcome you to surf, post, over at my bmx web site at any time.

I guess Schwinn can not say anything like that
to me now that they have ban me from there site.
Im alot better than they are, I have more PRIDE!

So, what do you have to lose Schwinn Forums Administrators?
Surf in and join in and have some fun on my web site some time.
I will aways support Schwinn bicycles even if you ban me from your
Schwinn web site. What can I say, Im a Schwinn bicycle die-hard.

Notes:
Schwinn Forums - Gene`s BMX Profile ( Banned )

Schwinn Balls - anyone have any? - Commentary Quote.

A Schwinn BMX Forum Rant And A Rave?. ( Everything Listed )
( This is everything posted, reposted that some how started this fude. )

Resaons for Gene`s BMX to be ban from Schwinn`s Forums are Un-known.
The Ban, is a power trip by the Schwinn2 Administrator as seen in the past.
And This is also a way for Schwinn to say "screw you' to there consumers.
I know I would think hard before I would buy a Schwinn bike or anything
with the Schwinn name on it since Schwinn has not much care for consumers.

---

March 20, 2007
Schwinn Motor Scooters Featured On MTV

Madison, Wis. --
Network’s most popular show to offer Schwinns as prizes.

Schwinn Motor Scooters® is following up with its current
Buckle® consumer promotion with another consumer marketing
push towards the college student demographic with air time on
MTV’s most watched show, "Real World/Road Rules Challenge."

“We believe college students are an important demographic
for scooters, especially for the smaller engine sizes like
our 50cc Campus model that we’ll feature on the show,” said
Mo Moorman, marketing director for Schwinn Motor Sports.

The promotion will run from April and throughout the summer,
when TJ Lavin, Schwinn’s-sponsored athlete and on-air host
of the popular game show, will present 10 Schwinn “Campus”
model scooters as prizes on the show. Lavin also sports Schwinn
apparel in every episode of the show throughout the season.

"We got some great reactions from the cast
when the scooters were revealed," said Lavin.

The season’s shows were filmed in late 2006 and will be
broadcasted April through August 2007 on MTV. Mentions
and footage of Schwinn are peppered throughout the season.

Last season, each individual episode re-ran an average of 24
times and MTV should run this season on a similar schedule.

---

March 19, 2007
Pacific's Jeff Frehner Earmarks More Money For IBDs

MADISON, WI --
Noting the sea change in attitudes about global warming and
maintaining healthy lifestyles, Jeff Frehner, Pacific Cycles' chief
executive officer, is budgeting more money to the company's specialty
channel business, and offering dealers more types of products.

“We plan to dedicate more resources to the higher-end IBD channel.
Independent bicycle dealers are entrepreneurial by nature.

We need to give these independent business people
what they want, when they want it,” Frehner said.

“Expanded outdoor recreation product lines will aim to
address such issues as childhood obesity, the health of
the aging population, global warming and rising energy
costs,” he added.

To allow its dealers to better appeal to consumers looking for
environmental responsibility and sustainable living, Pacific
is working to be a better corporate citizen. It is continuing
its relationship with Project Rwanda and Bikes Belong, and will
remain a strong supporter of Madison's charge to become a
platinum-rated Bicycle Friendly Community.

ACC - http://www.pacific-cycle.com

---

March 17, 2007
Dorel's Sales Up, Income Down In Fourth Quarter 2006

MONTREAL, Canada /CNW Telbec/ --
Dorel Industries Inc. (TSX: DII.B DII.A; NASDAQ: DIIB) announced
results for the fourth quarter and year ended December 30, 2006.

Dorel's sales were up four percent during the fourth quarter but year end
sales gains were unable to make up for slow sales earlier in the year.
The company's full year sales were $1.77 billion, compared to $1.76 billion
in sales in 2005.

Sales of Dorel’s recreational and leisure division, which is dominated
by Pacific Cycle, fell six percent during the quarter to $75.2 million,
from $80.2 million the year before. Full year sales were down 5 percent
to $328.4 million from $344.7 million in 2005.

“The revenue decline was due to lower sales of bicycles to the mass
merchant channel. Partially offsetting these declines were increased
sales in the new product categories of swing sets and motor scooters,”
said Martin Schwartz, Dorel’s president and chief executive officer.

Swing sets and motor scooters contributed $15 million in sales to the
division and Pacific’s bike sales are increasingly skewed through the
specialty channel, which were up double-digits, according to Schwartz.

See The Full Summary Report And Financial Highlights At:
http://www.newswire.ca/en/releases/archive/March2007/12/c9072.html

---

March 16, 2007
Schwinn`s TJ Lavin's Latest Flows Video

Schwinn Bicycles --
Schwinn`s TJ Lavin's Latest Flows Video.
Check out the latest Video - TJ Lavin in Las Vegas.


( Click Photo to View Video Page. )

CC - http://www.schwinnbike.com/team/gallery_detail.php?id=28

---

March 09, 2007
Schwinn`s TJ Lavin Is The Guide

Las Vegas, NV --
"TJ gives pro skater Chris Pastris a tour of Vegas for Fuel TV"

Each week on Fuel TV "The Weekly Update" has a segment called "The
Guide." Well, this week they came to Las Vegas, and I was their guide.

I took Chris Pastris (pro skater) all around Vegas to my favorite spots.
We rode the Y, Anthem, and my house. We had lots of conversation. We
went to my favorite place to eat for lunch, checked out my friend’s custom
car shop, and went go cart racing. It was pretty cool, and I think it will
really show Schwinn in its proper form--lifestyle.

Word. Anyway I'm off to Florida to host a stupid human trick contest next
week so I’ll keep you posted on all that fun stuff too. -- Much love, TJ

---

March 08, 2007
Little 500 Riders On Schwinn Again In 2007

Bloomington, IN --
Schwinn Bicycles is pleased to be the exclusive supplier of bikes for
the Indiana University Student Foundation’s fabled Little 500 race in
2007. Now in its 57th year, the Little 500 is arguably the most famous
bike race in the nation and will take place on April 20 and 21, 2007.

“Schwinn is pleased to be providing bikes to the event yet again,” said Schwinn
Senior Marketing Manager Chris Holmes. “Schwinn provided the first bikes to the
Little 500 back in 1951, and it’s great to have IU students riding Schwinns in 2007.”



Built to the Indiana University Student Foundation’s rigid specifications, the Little
500 Schwinn features an aluminum 700c frame that’s available to students in two sizes.
Kore provides the alloy drop bar, stem and I-Beam post & saddle while Sun handles the
double wall alloy rims and Kenda the custom tires. Because Little 500 bikes have always
been single-speed and coaster brake-equipped, the rear hub is a Shimano coaster brake.

The setup of these Schwinn bikes allows for truly unique exchanges that riders have to
do when receiving the bike in the pits. The bikes are only available to IU undergraduate
students that participate in the event. Schwinn does not offer the model to the general public.

“We’re pleased and honored to work with Schwinn as our bike supplier,” said Matthew
Ewing, Assistant Director of the Indiana University Student Foundation and Little
500 Race Coordinator. “A race that’s as iconic as the Little 500 is well matched
to a heritage brand like Schwinn.”

Racers will compete in either 100 or 200 lap races in IU’s Bill Armstrong Stadium.
Teams can be comprised of up to four IU undergraduate student riders with bike
exchanges happening in assigned pits. Over 20,000 fans will attend the men’s and
women’s races over the two day event.

Further information on the event can be found at http://www.iusf.org

CC - http://www.schwinnbike.com/news/press_detail.php?id=164

---

March 05, 2007
Cool Old School New Stuff From VANS and Schwinn

Gene`s BMX News --
Vans teamed up with Schwinn bicycles and tricked out a
1968 Krate Bike to match the Vans sparkle slip-ons that
you can see in the photo.



The sneakers will be available for purchase on VANS.com ,
but the only way to get a hold of this extremely low-run bike
(only 300 made) bike is to enter a contest on the Complex site.

One lucky winner will be drawn randomly.

Click Link To Enter To Win!
http://www.complex.com/contests/contest_vans.php

Entries must be received on or between
February 5, 2007 and March 28, 2007

Enter now to win! See The: ( OFFICIAL RULES )

CC - http://www.complex.com/contests

PR PHOTOS -
http://www.complex.com/contests/images/schwinn_bike_280.gif
http://www.complex.com/contests/images/vans2.gif

More info about the VANS sparkle slip-ons
http://www.wesoldout.com/product_info.php?products_id=1437

---

March 01, 2007
Schwinn To Continue Its Move Upscale Sneak Peek 08

Cycling News --
Schwinn Bicycles offered up a glimpse of the '08 Peloton LTD
in the expo area of the Tour of California. ( PHOTO! )
Click Photo for sneak peek of the 2008 version of its Peloton LTD.

According to Pacific Cycle Senior Marketing Manager
Chris Holmes, the use of high-modulus carbon fibers and
the omission of the cosmetic 12k weave top layer are
reported to yield a substantial 300g weight savings from
last year's LTD frame.

Schwinn will also continue its habit of delivering premium
component spec on its top-end machines. The new model
will wear a full SRAM Force group and Mavic wheels, along
with a Ritchey WCS handlebar, stem, and seatpost plus a
titanium-railed fi'zi:k Arione saddle.

Target weight for the new model is just under 6.8kg (15.1lb)
with a large frame (without pedals), and suggested retail will
remain close to that of the current Dura-Ace-equipped model
at US$4000-4200.

---

February 15, 2007
TJ Lavin Joins Dew Tour As Newest TV Commentator

Madison, WI --
TJ Lavin, BMX Dirt Jumper for Schwinn Bicycles,
was named as the Dew Action Sports Tour's newest
commentator for their BMX Vert competitions.

The BMX Vert category is one of the highest watched
segments of the Dew Action Sports Tour which airs live
during the summer on NBC and USA.

Congratulations TJ on this great opportunity!

You can see all of our BMX athletes on NBC and
USA this summer on the Dew Action Sports Tour.

CC - http://www.schwinnbike.com/news/press_detail.php?id=160

---

January 19, 2007
Pacific Cycle Joins Bikes Belong

MADISON, WI --
Pacific Cycle has joined Bikes Belong, the national
coalition of more than 350 bicycle suppliers and retailers
working together to put more people on bicycles more often.

“We have a responsibility and a desire to support the industry
that is the backbone of our business,” said Jeff Frehner, chief
executive officer of Pacific Cycle. “Joining Bikes Belong is
the right thing to do and an effective way to promote cycling
and get more people riding bicycles. We’re excited to be a part
of this important organization.”

Pacific Cycle a major player in the independent bicycle
dealer channel, as well as the mass market channel.

“Pacific Cycle’s support will enable Bikes Belong to
accomplish even more in Washington, D.C., such as
building stronger relations with Congressional leaders
and maximizing federal funding for new bike facilities,”
said Tim Blumenthal, Executive Director, Bikes Belong.

---

January 10, 2007
Norway Schwinn Distributor Merges

Norway --
New Name is Beach Mountain AS

Since 2003, Beach Mountain AS and Impulse Fitness
AS have shared certain resources, such as financing and
logistics. Both companies can look back at a period of
growth working together, but looking forward an even
closer relationship is clearly beneficial.

Based on this, the decision to perform a merger between
the two companies, effective January 1st 2007 was made.

As of today, the merger has been completed, and important
improvements are already in progress. Some of the most
important aspects of the merger:

- Better structured and more effective
administration of the companies

- Shared resources in warehousing and logistics

- Introduction of fitness equipment to sporting
goods retail channel currently utilized for bikes

- Expansion of sales staff and increased
focus on customer relations

- Complementary product groups reduces business
risk and offset season variations in relation to cash flow

- Significant synergies related to
managerial and structural challenges

Moving forward, the new company will move into a new
building that will be completed by the end of January 2007,
with a total of more than 5000m2 of warehousing facilities
and offices. The warehouse will be set up with state-of-the
-art solutions for efficient logistics, even more improving
delivery precision and reducing lead time for customers.

For our suppliers, the structural changes of the company
will have little or no practical consequences. Contact persons
will remain the same, only the name of the company will change.

Please make sure that all orders, invoices and shipments are
made for “Beach Mountain AS” going forward. Not doing
so may delay payments and cause problems on our side
receiving shipments.

Thank you for your support so far – we are
looking forward to continue growing our business!

Best regards Beach Mountain AS / Impulse Fitness

CC - http://www.schwinnbike.com/news/press_detail.php?id=158

---

January 10, 2007
Pacific Cycle Supports Mayor's Bicycle City Charge

MADISON, WI --
Pacific Cycle, owner and distributor of the Schwinn, Mongoose and
GT Bicycles brands, is supporting Madison's charge to become a
platinum-rated "Bicycle Friendly Community."

Pacific Cycle has provided funds to help the Madison’s
Platinum Biking Committee create a bicycle plan that,
once implemented, will take Madison to a new level in biking.

“We’re committed to promoting cycling, and making the Madison
community even more healthy and environmentally conscious is a
priority for Pacific Cycle,” said Jeff Frehner, chief executive
officer of Pacific Cycle. “We are fortunate to live in a place
that is so bicycle-friendly, and with a few adjustments we can
be one of just two platinum-level Bicycle Friendly Communities
in the U.S.”

The League of American Bicyclists, which administers the Bicycle
Friendly Community Campaign, assigns levels from bronze to platinum
to recognize communities that are improving conditions for bicyclists
and bicycling. Currently, Davis, California,is the sole platinum-rated
BFC. Madison is one of seven gold -rated BFCs.

“Madison has long been recognized as a great city for bicycling,”
said Madison Mayor David Cieslewicz. “With the support of
community partners like Pacific Cycle, we’re confident that we
can make Madison the most bicycle-friendly city in the nation.”

For a list of communities that have received a BFC rating,
click here - http://www.bikeleague.org/news/092206com.php

CC - http://www.pacific-cycle.com/news/news_detail.php?id=592

---

December 11, 2006
TJ Lavin's Holiday Contributions

Las Vegas, NV --
Team Schwinn's Dirt Jump legend has been up to some great
things lately. Every year TJ takes it upon himself to fill the
bed of his full-size truck with toys for the local
Toys For Tots in Las Vegas.

TJ went even further this year by
raising 26 BMX bikes for the cause.

A good freind of his works at a local radio station
in Vegas where they went on the air with this idea
and it took off. Thanks to some very caring people,
TJ and the station raised around 2000 BMX bikes.

It is going to be a great holiday for a lot of kids this Christmas.
Thanks for what you do TJ - you're a true champion.

CC - http://www.schwinnbike.com/news/press_detail.php?id=154

---

November 28, 2006
Harmony Schwinn Mountain Bike Team

South Africa --
The Harmony Schwinn Mountain Bike Team
RENIER BELLINGAN
JONNY KRITZINGER
SHAUN-NICK BESTER
NICK BESTER
RYK COETZEE



The fifth largest gold producer in the world, Harmony Gold Mining Company
is proud to announce the launch of the Harmony Cycling Club, which was
held at Zoo Lake, Johannesburg on 28 November 2006.

The club will focus primarily on developing the sport
among disadvantaged communities and has signed on a few
elite men and women cyclists to firstly assist in driving
the clubs development initiatives and to establish a credible
footprint within the sport.

The cycling clubs have been established in central and
northern Gauteng, the Vaal Triangle and Western Cape.

Three years ago, Harmony decided to invest in running
and started a running club under the watchful eye of
former Comrades winner Nick Bester.

The club, known for developing South African champions, recognises
the role that sports play in nation building and,by expanding to
multi-sports disciplines, increases the accessibility and interaction
with communities and employees of Harmony.

Through the clubs development team, Harmony will fulfill
its goal of developing cycling in South Africa and Harmonys
development initiative will start in Pretoria with the support
of the Jakaranda Childrens Home.

The club will also focus its development efforts internally
among Harmony employees and the communities in which the
company operates. I am proud to announce that six of our
team members are employees or direct family of employees
of Harmony, maintains Bester.

The clubs flagship will consist of three professional teams
a ladies road team, a mens road team and a mixed mountain
bike team. All teams will be known as Harmony Schwinn and
will be racing on the latest bicycles from Schwinn.

The mountain bike team will initially ride on the legendary
Moab Aluminum frame to be followed later in 2007 by carbon
fibre mountain bikes.

The road team will race on newly-introduced Peloton
LTD Carbon road bikes a model which has won a number
of races over the past few months, including the African
Continental Championships in Mauritius last month.

The club will be sponsored by Harmony Gold, Schwinn
Bicycles, Bell Helmets, FIT supplements, Continental
and Rudy Project eyewear.

We believe that the sponsorship of cyclists is crucial for
the development of the sport in South Africa. Not only does
it provide essential marketing for the brand, it also gives
up and coming cyclists in South Africa the opportunity to prove
their worth locally and, thereafter challenge overseas competitors.

We trust that this relationship with Harmony will continue for
many years in the future, explains Omnico Director Alan Hodson.

The Harmony Cycling Club has already seen its athletes
receiving medals with ladies team members Chrissie Viljoen
and Lynette Burger claiming first and second position at the
Amashovashova National Classic - their first race of the season.

The Harmony Cycling Club would like to thank all the sponsors
and attendants of the launch which was a great success.

---

November 13, 2006
Schwinn`s Darren Lill Takes Victory

Mauritius, S. Africa --
Darren Lill took his Schwinn Peloton LTD to victory this weekend.
In fact, Lill and the rest of the South African National team
enjoyed a successful campaign at the African Continental
Championships in Mauritius. The team, led by manager Tony
Harding, took nearly all the accolades at the Championships.

In the Road Race category, Darren Lill was the first to
cross the line for the men and Yolandi du Toit for the ladies.

Lill is also the first South African to join
the American pro race team, the Navigators.


Photo - Darren Lill

CC - http://www.schwinnbike.com/news/press_detail.php?id=149

---

November 03, 2006
Dorel Reports Third Quarter Results

MONTREAL, CANADA /PRNewswire-FirstCall/ --
Dorel Industries Inc. (TSX: DII.B DII.A; NASDAQ: DIIB)
today announced results for the third quarter and nine
months ended September 30, 2006. Revenue for the period
was up 3.1% to US$436.3 million compared to US$423.3
million during the third quarter last year.

Net earnings for the quarter were US$25.1 million or
US$0.76 per diluted share compared to adjusted net
earnings of US$25.6 million or US$0.78 per diluted
share in the prior year.

Year-to-date revenue was US$1.32 billion, basically unchanged
from 2005 nine month revenue of US$1.33 billion. Fiscal 2006
nine month net earnings were US$67.2 million or US$2.04 per
diluted share, compared to adjusted net earnings of US$74.6
million or US$2.27 per diluted share the year before.

The prior year comparative figures are adjusted to exclude
restructuring costs recorded in connection with the closure
of an Ameriwood ready-to-assemble (RTA) furniture plant
that was announced at that time.

Restructuring costs incurred in 2006 have not been excluded
as these amounts are considered insignificant. The Company is
including adjusted earnings in this press release, a non-GAAP
financial measure, as it believes this permits more meaningful
comparisons of its core business performance between the periods
presented. A reconciliation of adjusted earnings to GAAP earnings
is to be included in the Company's third quarter MD & A.

Including those restructuring costs, net earnings for last year's
third quarter and year-to-date, were US 19.8 million or US$0.60
per share and US$68.8 million or US$2.09 per diluted share respectively.

Included in the quarter is a pre-tax recovery of US$5 million, or US$0.10 per
diluted share after tax, in connection with a business interruption insurance
claim made following a major fire at one of the Company's primary suppliers
of particle board in April 2006.

The claim was made as a result of incurring increased costs
of production, principally paying higher board prices.

Approximately 50% of the amount recovered relates to additional
costs incurred during the second quarter of the year. The Company
continues to incur additional costs which could result in additional
recoveries that would be recorded in the fourth quarter.

"Revenues increased in both the Juvenile and Recreational/Leisure
segments and the negative trend in sales was reversed in Home
Furnishings during the quarter.

In Juvenile, sales in both North America and Europe continued
to be strong. Home Furnishings revenues increased by 19% from
the second quarter with these increases occurring in all of the
segment's operating divisions. Ameriwood continued to focus
on the repositioning of its business into three units: Domestic,
Global Sourcing and Dorel Home Products.

At Pacific Cycle gas-powered motor scooters continue to gain
acceptance in the market and bicycle sales were strong in the
independent bicycle dealer (IBD) chain," stated Dorel President
and CEO, Martin Schwartz.

Recreational/Leisure Segment

Third quarter Recreational/Leisure revenue increased
7.9% to US$76.4 million from US$70.8 million last year.

Earnings from operations were down 4.8% to US$6.0 million
from US$6.3 million. Gross margins in the third quarter of
2006 were 20.0%, consistent with the 20.6% recorded in 2005.

As a result, gross margin dollars earned in the quarter increased
by US$0.7 million over last year. However, offsetting this were
higher selling, general and administration costs in the amount
of US$9.0 million in 2006 versus US$8.0 million in 2005. Higher
selling costs to develop the scooter program and higher legal
costs were the principal reasons for the increase.

For the nine months, revenue has dropped 4.3% to
US$253.2 million from US$264.5 million. As a result
of these decreased revenues and lower gross margins,
year-to-date earnings from operations have decreased
34.2% to US$18.7 million from US$28.4 million.

Year-to-date margins were 18.6% in 2006 as compared to
21.5% in 2005. Excluding a second quarter inventory reserve,
2006 year-to-date gross margins would have been 20.0%,
with the decline over 2005 levels due to a less favourable
product mix. Year-to-date selling, general and administration
costs were virtually unchanged at US$27.6 million versus
US$27.7 million in 2005.

The revenue increase in the quarter was prompted by a
combination of growing sales of Schwinn gas-powered
motor scooters, new customers in the IBD chain as well
as sales of other recreational products.

The gas motor scooter dealer network continues to increase
with further gains anticipated by year end. Shipments of
the new 2007 150 cc model began in September and response
has been strong and re-orders are already being placed.

Pacific's new concept Schwinn electric bicycle was unveiled
at both the Euro Bike Show in Germany and at Interbike in
Las Vegas. Equipped with the latest innovations in battery
technology, the units are the lightest and most durable on
the market.

A single charge will last for approximately 65 kilometres,
depending on user weight, climate and terrain.

The new bicycle is totally hybrid and can be
used either as a conventional or electric unit.

For the Dorel Industries (TSX: DII.A, DII.B; NASDAQ: DIIB)
Third Quarter 2006 full Report, Please see:
http://www.newswire.ca/en/releases/archive/November2006/03/c8117.html

---

October 24, 2006
Pacific Hires Bethlenfalvy As Director Of Industrial Design

MADISON, WI —
Pacific Cycle has hired Aaron Bethlenfalvy as director
of industrial design. He will work on all of Pacific’s
major brands including GT Bicycles, Schwinn, Mongoose
and Kustom Kruiser.

“I feel like I’m back home again,” said Bethlenfalvy,
a former GT Bicycles employee. “There are lots of
familiar faces and this is an easy transition.

The opportunities here are great to make a big impact
on the cycling community with all these brands, and
I’m excited to be here.”

Bethlenfalvy spent seven years at GT designing frames and components.
He was instrumental in helping GT extend its appeal beyond its existing
demographic by taking the lead design role in many successful
collaborations including the Harley Davidson Bicycle project
and Charger Electric Bicycle project.

“Aaron’s work in the industry is well known,” said Jeff Frehner,
president of Pacific. “We feel fortunate to bring his vision back
to our brands.”

CC - http://www.pacific-cycle.com/news/news_detail.php?id=570

---

October 02, 2006
Pacific Cycles' Chris Hornung To Leave Company

MADISON, WI —
Chris Hornung, who led a group of investors who bought a bankrupt
Schwinn Bicycle Co., will leave Pacific Cycles at year's end, a source
at Interbike confirmed. Hornung, in an emotional dinner meeting with
Pacific's key suppliers, told them he was leaving the company he and other
investors had sold to a Canadian supplier of furniture and juvenile products.

No official reason has been given for his departure,
although a long-time friend said he was eager to pursue
other interests. Dorel, a publicly traded company, had yet
to make a formal announcement of Hornung's leaving.

The magazine had contacted a press spokesman
from the company for a comment.

Hornung, Pacific's chief executive officer, along with Direct Focus,
bought Schwinn and GT in September 2001 for $86 million. In February
2004, Dorel bought Pacific Cycles from its majority owner, Wind Point
Partners, for $310 million. At the time, Hornung had a three- to five-year
performance-based contract with Dorel.

ACC - Dorel announces departure of Pacific Cycle CEO in line with succession plan

---

September 29, 2006
Pacific Writes Off $3.5 Million In Sting-Ray Inventory

Montreal, Ontario Canada --
Dorel, Pacific Cycles parent company, reported that
second quarter sales, totaling $436 million, were flat
compared with the same quarter last year.

The companys first six-month earnings
were down 2.2 percent to $887 million.

Some of Dorls divisions where up - its baby products
and juvenile division grew 12 percent to $216 million.
However, those divisions could not offset falling sales
in its bike division.

"As anticipated, the quarter was disappointing. While juvenile
posted solid revenue gains, particularly in the U.S., we are
continuing to work through issues in ready-to-assemble furniture
and to stregthen Pacific Cycle`s foundation in recreational
products," said Martin Schwartz, Dorel`s president and chief
executive officer.

Dorl`s recreational/leisure division, which is dominated by Pacific Cycle,
saw revenues fall 10 percent to $100 million from $111 million last year.
Earnings from operations were down 58 percent to $6 million from $13 million.
Year-to-date earnings from operations decreased 43 percent to $13 million
from $22 million last year.

Schwartz points to a major mass market customer`s invenyory reduction
initiative as the main reason for Pacific`s sales drop as well as slower
sales to other reailers. In addition, Dorel wrote off $3.5 million on
its remaining Sting-Ray inventory to lower prices and help move it
through the channel.

Going forward the company expects sales during the second half of
the year to be better. Inventory levels at mass retailers are low
so orders are expected to pick up.

Wal-Mart`s bicycle boutique concept has proved a sales success for
Pacific`s Schwinn and Mongoose brands. According to Schwartz, the
retailer plans to roll out six more stores with the IBD-like departments,
as well as retrofit some existing stores with the concept, something
Pacific expects will increase profits.

"Our IBD business was up 29 percent in the second quarter,
so the plan to make GT exclusive to this channel has been
the right one," Schwartz said.

The company also is renewing its commitment to e-bikes and
will launch entirely new bikes this fall at Eurobike. Featuring new
battery technology that promises range and weight savings,
the company thinks electric bikes may be coming of age.

For the first time in June, Pacific Cycle shipped more than
$1 million worth of scooters, the highest amount for a single
month since the line was introduced.

This reflects EPA certification of the units in all 50 U.S. states and
continued growth of the dealer network, which doubled over the quarter
to 156. Pacific hopes to have a 150cc scooter on the market shortly.

---

September 09, 2006
Schwinn At The Dew Action Sports Tour Toyota Challenge

San Jose, Calif. ( Gene`s BMX News ) --
Photo - Schwinn`s T.J. Lavin, of Las Vegas, performs during a
preliminary heat of the BMX Dirt Bike competition of the Dew
Action Sports Tour in Thursday, Sept. 7, 2006, in San Jose, Calif.


T.J. Lavin`s Results from the Dew Action Sports Tour,
Toyota Challenge BMX Dirt competition in San Jose, Ca
where not posted at time of this press. But a big congrads
to T.J. for showing off the Schwinn logo at the BMX event.

T.J. was kickin it up on the Dirt, Way to go T.J. - Nice Job!!

{ Schwinn is a proud sponsor of the 2006 Dew Action Sports Tour }

Also See The - Coverage Of The Dew Action Sports Tour,
Toyota Challenge, San Jose, Calif. Sept. 7th - 10th 2006

---

August 31, 2006
Dorel Announces New Dorel Juvenile Group USA President

MONTREAL, Canada /PRNewswire-FirstCall/ --
Dorel Industries Inc. (TSX: DII.B DII.A; NASDAQ: DIIB)
today announced that Dave Taylor has been named to the position of
President and CEO of Dorel Juvenile Group (DJG)USA, Inc. Mr. Taylor
joined DJG USA over three years ago as Executive Vice President and
Chief Financial Officer, a post he held until his promotion to CEO.
The appointment is effective as of tomorrow, September 1, 2006.

"Dave has distinguished himself at DJG USA, not only with
his strong financial background, but as a well rounded chief
executive with a proven commitment to the organization. He
has been part of the senior management team that has directed
day-to-day affairs since the former President left in November
2005," stated Camillo Lisio, Dorel's Chief Operating Officer.

---

August 29, 2006
Former Schwinn BMXer Left With Memories, Trophies

OGDEN, Utah (AP) --


Photo - Mike Poulson poses with years of trophies he garnered
in BMX bike competitions throughout the world, Monday, Aug.
7, 2006, in Ogden, Utah. Poulson is a former world champion.

Even dinged, dusty and derelict, Mike Poulson's trophies shine
like a sea of treasure. The gleaming chrome and polished gold
glint, reflecting not only sunshine but his youthful glories.

So many glories that they present a problem.

The uncounted trophies, hundreds of them, many 4 feet tall or
taller, were stored in his parent's shed until last month. Now his
parents are gone and he either had to bring them home or toss them.

He brought them home, but what do you do with
your past glories when they clog the backyard?

His trophies are huge because his glories were huge.
In the 1980s Poulson, who now lives in a neat little
home on Harrison Boulevard, ruled bicycle motocross
the way Lance Armstrong rules road biking.

Poulson was Utah state champ five years running.

He was world champ, in his age bracket, twice.

He was on the cover of magazines, featured in bike catalogs and
a star of the Schwinn factory team. He endorsed shoes and helmets.
Magazines hailed him as one of the years "Terrible Ten" and one
of the 100 best ever.

He even had his own bubble gum card.
And what does this world champion do now?

He is "Mr. Sprinkler." He installs lawn sprinkler systems.
One year in high school he made $60,000 riding his bicycle,
but you can't race a bike forever, and even a champion has
to pay the rent.

Poulson, now 41, was a kid in Layton when the motocross
bug hit. His dad bought him a Stingray bicycle that he tricked
up, but the jumping scared his mom so his dad switched it for
a bike not suited to that sort of thing.

It didn't work. "I busted the front fork jumping," he said.

He pulled out a picture of a little kid on a bike suspended in
mid-air over two parked cars. That's him, about 12, he said,
trying to be Evel Knievel. "My brother rigged up the ramp.
My parents weren't home, of course."

He dug out a home movie his dad shot of his first race ever,
up at the track near Smith & Edwards on the Box Elder-Weber
county line.

"I was just, like, 12 years old and I won all
five of my motos that I raced," he said.

The movie showed a skinny little kid on a skinny little bike,
pedaling like mad around hay bales, always in the lead.

"I won the first race and was really into it because it was kind of
your own thing, you didn't have to rely on teammates or that," he said.

He started riding competitively, first with the sponsorship
of Bingham's Cyclery, then with Schwinn, the bicycle maker.

When he was 14, his parents took him to Corona, Calif.,
for his first national race. At that race, he said, he was told
he should sign up as a novice, "but I said if I'm going to get
beat, I want to get beat by the fastest," so he signed up in
the expert class.

"I got sixth place in the open. That kind of gave me a gauge."

He went home, trained do more, went to Las Vegas the next
year and came in third in the 14-year-old expert class.

After that, "Same thing," he said. "I went home, and trained
until the February race in Phoenix. I wound up winning the 15
expert class. It's like the country dude from Utah beating all
the city slickers."

And so it went. He won the world championship when he was 15,
joined the Schwinn factory team, then turned pro when he was 17.

But it was a grind.

"I raced probably three times a week," he said. "When I was
a pro I was gone 45 out of 52 weekends a year. People say,
Hey, you get to go to all these places. But you go, you put
your bike together, you ride all day, you go to sleep, you get
up, you ride the next day, you get on a plane and go home."

It got old. He quit wanting to win.

"I just wasn't into it, I was into going and seeing my friends,"
he said, which is, of course, not the right attitude.

The biking world changed, too. Regular BMX went out,
"freestyle" came in, where riders do tricks and jumps.
He found himself an old man, in his 20s, in a younger man's sport.

"I just kind of stopped," he said. "I ended it myself. I got tired
of being pumped. You've got to breathe it, to be psyched. I had raced
every weekend for 12, 13 years. I had missed Thanksgiving, Christmas,
all those things."

Biking was tough on his body. He broke a leg and a collar
bone, dislocated both shoulders. It all left him, in his
early 20s, deciding what to do next.

"I could have worked for Schwinn, they offered me a job in
California, but I didn't want to move down there," he said.

He got a job at Bingham's Cyclery for a while, worked for
a local department store and finally went into the family
business with his father installing sprinkler systems.

Now his bikes hang like ripe fruit from the ceiling of his
jammed garage. He can name each one, discuss its
technical specifications, talk about the races he won on it.

His basement is full of memorabilia: pictures, posters,
models, pins, badges, autographs and more.

And his backyard, for the moment, is a sea of trophies.
Pick any trophy, he can tell which race it was from,
describe the track, tell who came in second.

"It's like it was another life," he said, looking over them
as they glinted. "And I guess it's an accomplishment."

Now his day is filled with scratching his dog's belly and
discussing the woes of running his own business: the customer
complaints, the employee problems, the stresses and strains.

Does he still ride? He has to.

"When you're riding you can't think of anything else," he said.
"You aren't thinking of the bills to pay or anything. You have
to concentrate on where you're going, what you're doing. I
liked it, that's why my parents didn't let me get a motorcycle."

But his parents aren't around any more.

A little while ago he bought a gasoline engine kit for his
mountain bike. He pedaled it down the sidewalk until the
engine caught, then let in the clutch and took off.

He zoomed down the street, weaved among the cars, turned
sharply, one foot down to skid on the ground, zoomed back,
turned again.

He didn't jump over anything. Harrison
Boulevard doesn't have any ramps.

CC - The Associated Press (AP) Wire.

---

August 04, 2006
Dorel-Pacifc/Schwinn Launches 2007 Bicycles

Gene`s BMX News --
Dorel-Pacifc Cycle/Schwinn has launched some of there 2007
bicycles. Not to much offerd in the Schwinn BMX bike line,
but we are crossing are fingers that they will add more BMX
bikes with in time.

The 2007 Schwinn BMX bikes that is listed look
way cool, They look made to take a beating.

You can check out the new 2007 Schwinn BMX Bikes at:
http://www.schwinnbike.com/products/bikes_category.php?id=87


To see all of the new 2007 Schwinn Bicycles Line see:
http://www.schwinnbike.com/products

Or log on to the Schwinn bikes web site - http://www.schwinnbike.com

Also, GT and Mongoose have all new 2007 Bicycles launched
on there web site. You can check them out on the GT bikes
and Mongoose bikes web sites.


GT bikes web site - http://www.gtbikes.com


Mongoose bikes web site - http://www.mongoose.com

---

August 02, 2006
Pacific Cycle Sales Fall 10 Percent

Madison, WI --
Sales for Pacific Cycle Inc., a Madison marketer of
bicycles and recreational equipment, fell 9.9 percent
in the second quarter after one of its main mass merchant
customers cut back on orders.

Pacific Cycle reported second-quarter sales of $99.6 million,
compared with $110.6 million in the same quarter a year ago,
the firm's parent company said Wednesday. Earnings from
operations for the marketer of Schwinn, Mongoose and GT
bicycles fell 57.5 percent to 5.7 million, down from $13.4 million.

Pacific Cycle's earnings were hurt by a less favorable product
mix and a $3.5 pre-tax reserve taken against bicycle inventory
of the Sting Ray brand.

Pacific Cycle's parent company, Dorel Industries Inc.
(NASDAQ: DIIB) is a diversified Montreal-based
consumer products firm. Dorel said the sales decline
for its recreational/leisure segment -- comprised solely
of Pacific Cycle's operations -- was due to lower bicycle
sales to its mass merchant customers, which represent 75
percent of Pacific's sales.

Dorel said in May that an undisclosed major customer
decided to reduce its overall inventory of bicycles.

Dorel's three major customers in 2005 were Wal-Mart,
K-Mart and Toys 'R' Us, which accounted for 59.1 percent
of total revenue for the Canadian company, according to
regulatory filings.

Through its other operating divisions, Dorel Industries sells
home furnishings, furniture, baby products like car seats and
health care products in the United States, Canada and Europe
and other countries.

---

August 02, 2006
Dorel's Q2 Profit Slips To US$17.9 Million

MONTREAL, Canada (CP) --
Dorel Industries Inc. (TSX:DII.B) says it's optimistic
that the busy back-to-school season will improve the
company's fortunes in the second half of the year, after
reporting a disappointing slip in its second-quarter profits.

The company, which makes products such as cribs, car
seats, bicycles, ready-to-assemble furniture and other
consumer products, reported earnings of $17.9 million
US or 55 cents for the three months ended June 30.
That was down from $21.7 million US or 66 cents per
share a year ago.

The Montreal-based consumer products company, which
reports in U.S. dollars, said sales were flat at $435.9 million,
compared to $435.4 the year before, as gains in its baby
equipment and furniture division offset declines in home
furnishings and leisure products.

The company also recorded a tax recovery of $400,000
in the quarter on pre-tax earnings of $17.5 million, compared
with a tax expense of $3.5 million in the second quarter of 2005,
on pre-tax earnings of $25.3 million.

"We've come through a tough quarter but expect things
to improve through the balance of the year," CEO Martin
Schwartz said in a conference call Wednesday.

"The juvenile segment (which makes baby products) is
performing to expectations, we are making headway in
Ameriwood (the ready-to assemble furniture division)
both in terms of improved operations at our factory,
although that must and will be a continued process."

Sales in popular back-to-school ready-to-assemble items
such as futons are already shipping, he said, noting that
the "momentary lapse that we had in the second quarter was
picked up in July."

There are also improvements to board prices and supply,
with the company heading into the season with good
inventory demand.

During the second quarter, revenues in the home furnishings
and leisure continued to feel the negative impact of a customer's
decision to reduce inventory in the previous quarter, Schwartz said.

They were also impacted by a $3.5-million-US,
pre-tax reserve taken against Sting Ray bicycle inventory.

But Dorel has also struggled with a general
downturn in the manufacturing industry.

"Raw material prices have increased drastically since the
beginning of the year, and that's affected not only Dorel
- it's affected everybody that is operating in this industry,"
said chief operating officer Camillo Lisio.

"This industry is restructuring both form the raw material
end as well as it is from our end, which is the processing
end of it."

Among the divisions, the juvenile unit's revenue rose 12.1 per
cent to $216.2 million from $192.8 million, with earnings from
operations rising slightly to $20.1 million from $19.8 million.

In home furnishings, revenue fell 8.9 per cent to $120.1 million from
$131.9 million, with earnings down 24.2 per cent to $4.7 million US.

The recreational division, which sells Schwinn bikes, saw
a decrease in sales of 9.9 per cent to $99.6 million from
$110.6 million, with earnings falling 57.5 per cent to $5.7
million from $13.4 million a year ago.

Dorel Industries employs about 4,500 people in 14 countries.
It also has eight offices in China, which oversee the sourcing,
engineering and logistics of the company's Asian supplier chain.

The company's baby products division sells the Cosco and
Safety 1st brands as well Eddie Bauer and Disney Baby licenced
products. As well, the Ameriwood Industries unit makes ready-
to-assemble furniture under the Ameriwood, Carina, SystemBuild
and other brands as well as the California Closets licence.

Meanwhile, the Pacific Cycle division makes and sells
the Schwinn, Mongoose, GT and Roadmaster bicycle brands.

On the TSX Wednesday, Dorel shares fell 30 cents to $23.76.

** Dorel reports 2006 second quarter results. SEE:
http://www.newswire.ca/en/releases/archive/August2006/02/c2909.html

---

August 01, 2006
Dorel Pacific Drops GT Distributor; Distributor Drops Schwinn Dyno

MELBOURNE, Australia —
Dorel Pacific has dropped The Bicycle Authority as this
island nation’s GT distributor, reports David Priestly
of Bicycle Industry News, an Australian trade magazine.

Tom Sherlock, who runs the Melbourne-based importer,
learned last week that he had lost the brand after
distributing it for more than three years.

According to the magazine, Sherlock, who also distributes
Schwinn Dynos to Australia’s K-Mart stores for Dorel,
subsequently told Dorel executives he could no longer
afford to distribute that line.

“It was obvious the business couldn’t sustain itself without
both parts in operation, so I notified Dorel Pacific that I
would be standing aside as their Australian distributor for
Schwinn Dyno,” Sherlock said.

The Schwinn Dyno deal was in its second year. In its first year,
Sherlock had sold 70,000 units, plus accessories, into K-Mart
stores. Sherlock said he had projected GT sales for this year
at 30,000 units.

The dispute centers on margins; Australian retailers demand more
margin from The Bicycle Authority to sell GT bikes, while Dorel
Pacific wants to maintain its margins on sales to its distributor.

---

July 28, 2006
Meet Pro BMX Rider TJ Lavin In Portland Oregon

Portland, Oregon —
The Dew Action Sports Tour is coming back to
Portland and BMX athlete TJ Lavin (MTV Road Rules)
will be on hand to talk with kids, take pictures
and sign autographs at the Hillside Library.



Other Athletes to be announced. Meet TJ and win tickets to
see him and all of the Dew Tour Athletes like Ryan Sheckler,
Shaun White and Dave Mirra at the Dew Action Sports Tour
happening August 17-20.

Meet Pro BMX Rider TJ Lavin Wednesday, Aug. 9th 2006 at 11:30 a.m.
Hillsdale Library 1525 SW Sunset Blvd Portland, Oregon
http://www.multcolib.org

The program is free and open to everyone.

CC - http://events.multcolib.org - Search by KEYWORD:
"Meet Pro BMX Rider TJ Lavin" - August 2006

Also Make Note:
BMX Dirt athlete T.J. Lavin will be signing autographs from
11:30 a.m. to 12:30 p.m. at Hillsdale Library at 1525 SW
Sunset Blvd., and from 2-4 p.m. at G.I. Joe's in Gresham.

*PHOTO - 08/09/2006
Schwinn`s T.J. Lavin put smiles on some faces at the G.I. Joe's
in Gresham Oregon as he signs autographs and posed for photos.

---

July 27, 2006
Pacific Cycle Promotes Elsen To IBD National Sales Manager

MADISON, WI —
Outside sales rep Terry Elsen has been promoted to the
position of IBD national sales manager at Pacific Cycle.
Effective immediately, all Pacific Cycle’s IBD sales reps
will report directly to Elsen.

“We’re excited that Terry will take the lead with the sales team
and are confident that he’ll do a great job,” said Bob Ippolito,
Pacific Cycle’s general manager, global IBD product and sales.

Elsen has been a Pacific Cycle sales rep for five years,
focusing on the Wisconsin, Northern Illinois and U.P.
Michigan territories. Prior to joining Pacific, Terry spent
19 years at Schwinn Bicycle Company as an outside sales
rep, two years at Wisconsin Cycle, and 10 years at Tyson's
Sport Center in Kenosha, Wisconsin.

“I’m happy to take on this responsibility and challenge and
look forward to building our relationships and business in the
IBD,” Elsen said.

---

July 13, 2006
Schwinn At The Dew Action Sports Tour - Denver, Co

Denver, Co —
The Dew Action Sports Tour Stop #2 was this
July 13th - 16th 2006 the Right Guard Open in Denver, Co

Schwinn`s T.J. Lavin got 20 pts. - 16th in Dirt and is now
RANK 9th in dirt jumping in the Dew Action Sports Tour.
Way to go T.J. - Nice Job!!

Some cool Photos - TJ Lavin in the BMX dirt prelims at the
Right Guard Open in Denver on July 13, 2006. Photos By Lat34


Photo 2 - http://www.lat34.com/_/Photo/Nonex500/tjlavin-superman.jpg
Photo 3 ---- http://www.lat34.com/_/Photo/Nonex500/tjlavinportrait.jpg

Schwinn is a proud sponsor of the 2006 Dew Action Sports Tour
http://www.schwinnbike.com/team/dast.php

Dew Action Sports Tour - http://www.dewactionsportstour.com

---

June 26, 2006
Schwinn Donates Sting-Rays to LeBron James Fountation

Akron, Ohio —
Pacific Cycle donated 300 Schwinn Sting-Rays to
the second-annual LeBron James "King for Kids"
Bikeathon, which took place on Saturday, June
24 in Akron, Ohio.

The bikeathon is a fundraiser benefitting the James Family
Foundation, the Akron YMCA and the Akron Urban League.
LeBron James is one of the NBA's most popular and talented
athletes,and plays for the Cleveland Cavaliers basketball team.

The foundation was started by James and his mother,
Gloria James. Neither receives a salary from the foundation.

The event awards bicycles and helmets to underprivileged
children who have shown particularly strong character.

In addition to the live event, Microsoft, the event's main
sponsor, broadcast the bikeathon live to 465 million views
in a worldwide Webcast.

Last year about 1,500 people took part in the 8-mile ride,
and 200 area children received free Schwinn Sting-Rays and
helmets. This year 300 children were given Schwinn Sting-Rays.

One boy, a star student, was selected to appear with LeBron
James in Microsoft Webcam promoting the event, and riding
a Schwinn Sting-Ray. LeBron presented the bike to the boy.


Watch the video http://www.lebronsbikeathon.com/?video=10

Tylan, who just completed third grade at Case Elementary
School, got to star with LeBron James in a Microsoft
Windows Web-cam spot using a Schwinn Sting-Ray to promote
Saturday's King for Kids Bikeathon.

"As Tylan was being interviewed, LeBron James rode out on
his bike (a Schwinn Sting-Ray)," Tylan's mother, Yvonne
Bryant said. "Tylan looked up at him, but turned back to
continue the interview. He's focused like that."

"But he was so excited to meet LeBron, who presented him
with the bike he will ride in the race," she said. Tylan rode
along with James in the one-mile kids' ride, which is part
of a Microsoft video.

CC - http://www.schwinnbike.com/news/press_detail.php?id=137

---

June 24, 2006
Dew Action Sports Schwinn T.J. Lavin Louisville Report

Louisville, KY ( Gene`s BMX News ) —
Schwinn`s T.J. Lavin was doing it high at the Dew Action Sports
Tour and impressed everyone in the BMX Dirt in Louisville, at
the first stop of the Dew Action Sports Tour - Panasonic Open.

BMX Dirt Final - 6th Lavin, T.J. 90.75 pts.
BMX Dirt Prelim - 9th Lavin, T.J. 87.25 pts.

T.J. was kickin it up. Way to go T.J. - Nice Job!!

Photo - T.J. Lavin Superman Seatgrab Indian - In the
Dirt Prelims at the Dew Action Sports Tour in Louisville, KY

T.J. Lavin`s Dew Action Sports Profile:
DISCIPLINE_ BMX Dirt
HOMETOWN_ Las Vegas, NV
BIRTHDATE_ 12-07-76
SPONSORS_ Schwinn, Fox, Dragon Optical

This Las Vegas native began his career as a BMX racer.
T.J. Lavin left the racing world for dirt jumping and suddenly
found himself dominating competitions. He’s won every medal
possible at the X Games including gold in 97 and silver in 96.
He’s a 3 time X Bronze medalist with his most recent win in 2004.

No stranger to TV, Lavin has appeared on the popular MTV
show Cribs. Charismatic and creative, T.J. has a music studio
in his house where he produces every kind of music from urban
to hip hop to rock and roll. This gifted musician also taught
himself how to play the piano by simply listening.

Over the last couple of years, T.J.’s been working to recover
from various injuries. He was back in 2005 and ready once again
for another year of the Dew Tour. He has the talent to win and
the tricks to impress.

T.J RANKED 14th in 2005 at the Dew Action Sports Tour
PANASONIC OPEN - 20 pts. - 16th
RIGHT GUARD OPEN - 45 pts. - 6th
VANS INVITATIONAL - 39 pts. -9th
TOYOTA CHALLENGE - 8 pts. - 23rd
PLAYSTATION PRO - 6 pts. - 25th

Schwinn is a proud sponsor of the 2006 Dew Action Sports Tour
http://www.schwinnbike.com/team/dast.php

Dew Action Sports Tour - http://www.dewactionsportstour.com

---

June 21, 2006
Dorel's 2006 Focus: Higher Margin Products

MONTREAL, Canada /CNW Telbec/ —
Dorel Industries Inc. (TSX: DII.A, DII.B; NASDAQ: DIIB)
told shareholders attending today's annual generalmeeting
all efforts are on ensuring that operations company-wide
are running smoothly and are contributing to profitability.

Stating that there have been positive developments as well
as some challenges over the past year, President and CEO,
Martin Schwartz, detailed what is being done in each division
to maximize output and introduce higher price point products.

"RTA in particular has needed and received considerable attention.
We have been disappointed with our returns in this segment for
some time and are working aggressively to turn things around."

Dorel has strategy to outperform bicycle market.

Mr. Schwartz said that while Pacific Cycle continues
to sell more bicycles than any other US bicycle company,
the North American bicycle market has been steady with
little change to the 17 to 18 million units sold annually.

Pacific is now seeking to generate additional dollars,
focused on the mid to high price point categories.

With the leading mass merchant market share, Pacific tops
the industry both in dollars generated, at 25%, and units
sold -30%. The Schwinn brand is as strong as ever, with
GT and Mongoose close behind.

Pacific launched a line of gas-powered motor scooters in 2005.
There were 38 dealers selling the units in February, and since
they received their EPA certification earlier this Spring,
there are now over 120 dealers.

At an annual rate of 20%, the motor scooter market is the fastest
growing in the motorcycle segment. With higher gasoline prices
prompting many to be more energy conscious, scooters are likely
to become even more popular.

Pacific also entered the metal swing set business, under the
Playsafe brand. A full line of back yard recreation products,
such as trampolines and soccer nets, is also planned.

"While the bike industry is not an easy one, we are confident
that we have the products, the brands, the relationships and
a clear strategy to outperform the market.

We remain pleased with the 2004 Pacific Cycle acquisition as it
is the foundation on which to build a much larger recreation
business. We are looking into a number of new lines, including
electric products to capitalize on the emerging trend in personal
transportation which will utilize a new technology incorporating
light weight batteries," stated Mr. Schwartz.

See: http://www.newswire.ca/en/releases/archive/June2006/21/c5257.html

---

June 08, 2006
GT To Build BMX Facility For Pedrosfest

LANESBOROUGH, MA —
GT Bicycles has been named the official BMX sponsor of the new
test track being built at the 2006 Pedro’s Mountain Bike Festival.

“GT is BMX. That’s the heritage of this company,” said Bruce Fina,
who co-founded the Pedro’s Mountain Bike Festival in 1995.

“We’re excited to have this company bring BMX to our event for the
first time. We’ve always had cross-country riding. We’ve had cyclo-cross,
downhill, free riding, and even road cycling tacked on to the program.
BMX makes this a complete bike fest.”

The festival site, located just off Route 7 in the Berkshire Mountains,
received a blessing of sorts last year with the arrival of several truck
loads of dirt. That pile became a popular launching pad for three days
of free riding fun. This year, with help from GT, that pile will be
sculpted into a full-on BMX track.

The 12th annual Pedro’s Mountain Bike Festival will be held June 28-30,
in Lanesborough. Set in the Berkshire Mountains, this non-competitive
cycling event offers three days of camping and outdoor activities for
cyclists of all ages, skill levels and styles.

For more information, visit http://www.pedrosfest.com or call (518) 641-9110.

---

June 05, 2006
Pacifc Cycle-Schwinn Wal-Mart Pro Shops?

Gene`s BMX News —
A Wal-Mart Pro Shop Could Be Headed Your Way.



At Wal-Marts flagship test store in Plano, Texas you might see
a surprisingly uncluttered, well-merchandised bike section that
is featuring $400 bikes and dedicated sales staff.

Wal-Marts aspriations for transforming its bicycle departments are
not limited to the Plano store. Wal-Marts planned expansion of its
bicycle boutique concept is so aggressive that Dorels chief operating
officer, Martin Schwartz, was confident that sales in the company`s
Pacific Cycle division would increase as a result.

The mass retailer plans to implement the concept in about 250
locations over the next year. Some of the retailers 3,800 stores
will be retrofitted and some stores under construction will be built
with the bike boutique. And rumors abound that aluminum and
carbon fiber bikes could be sold in Wal-Mart by year-end.

This is a big move for Schwinn and it might
be worth watching how this one plays out....

For Schwinn and Retailer Enthusiasts, See the full story in
the hard print copy of Bicycle Retailer And Industry News
( B.R.A.I.N. ) June 1, 2006 - Page 1 and page 30 & 31.
Here on down is a copy of the story from the hard print:

~~~A Wal-Mart Pro Shop Could Be Headed Your Way~~~
If you can get past the sushi bar, $300 bottles of French
wine, $1,000 plasma TVs and the Wi-Fi enabled coffee cafe
at Wal-Mart’s flagship test store in Plano, Texas, you might
see a surprisingly uncluttered, well-merchandised bike
section featuring $400 bikes and dedicated sales staff.

The Plano store’s bike department features wide aisles,
clean fixtures and custom signage. You almost expect to
see a Campagnolo wooden tool kit behind the service counter.

As impressive as the layout is, the switch from kid’s bikes
to adult Schwinn and GMC road and comfort bikes having pride
of place at the front of the department is just as significant.
Kid’s bikes are still there, but they are at the back of the
department in the expected slot racks.

Wal-Mart’s aspirations for transforming its bicycle departments
are not limited to the Plano store. Wal-Mart’s planned expansion
of its bicycle boutique concept is so aggressive that Dorel’s chief
operating officer, Martin Schwartz, was confident that sales in the
company’s Pacific Cycle division would increase as a result.

The mass retailer plans to implement the concept in about 250 locations
over the next year. Some of the retailer’s 3,800 stores will be retrofitted
and some stores under construction will be built with the bike boutique.
And rumors abound that aluminum and carbon fiber bikes could be sold in
Wal-Mart by year-end.

“Retailers should be concerned about this push further up the
price point, but suppliers should also be concerned about a
channel not known for expert assembly and service,” said Matt
Dekker, Raleigh America’s national sales manager.

Few in the industry have actually seen the Plano store,
which opened at the end of March.

Rick Gurney and Kyle Carlson, president and operations manager,
respectively, of Plano Cycling and Fitness in Plano, Texas,
visited the Wal-Mart boutique and were impressed. However,
they question whether Wal-Mart can follow through with service.

Gurney wondered whether Wal-Mart could pay competitive wages
for trained sales staff that will be selling a $400 STI-equipped road
bike. “It’s hard enough for us to find part-time help at $10 an hour;
I just don’t see how Wal-Mart can get the help they will need at $7
an hour. But I have to believe that if they do stick with it and make
it work it is something our industry has to address,” Gurney said.

Wal-Mart is not releasing details about its plan, so questions
of how well trained bicycle boutique staff will be, and what
level of assembly the bikes will receive are unanswered.

In a press release, John Fleming, Wal-Mart’s executive vice president
and chief market officer, said the Plano store will serve as a test lab.
“This store will function as an active laboratory for testing a range
of new ideas and merchandise in a fully operational setting. If something
doesn’t work, we will change it and try something else. And when an
innovation resonates with our customers, we will consider introducing
it in other stores,” Fleming said.

Wal-Mart offered Schwinn and Mongoose full-suspension bikes a few years
ago priced up to $500 in its stores with limited success. So why does
the retailer think its luck will be any different this time around?

The company will strategically implement the concept in certain
stores in up-market settings like Plano, where higher priced bikes
make sense. And as any specialty bike retailer knows, pavement
bikes are hot.

Wal-Mart made its name offering the lowest price goods.
But its competitor, Target, has shown that its slightly higher
priced, higher quality goods attract consumers less affected
by ups and downs in the economy. So Wal-Mart is looking
to develop an up-market strategy of its own.

Those familiar with mass market retailers point to the success of Dick’s,
a sporting goods chain that seven years ago focused exclusively on price.
The company changed its philosophy, moving products and service up market
to successfully transform its business.

Sales, service and level of assembly are going to be real issues for
Wal-Mart as it moves its price points up, but these are not impossible
hurdles for it to jump. Just because Wal-Mart does not currently have
the level of service of specialty shops, it may be too soon to dismiss
the world’s largest retailer.

“The bike displays are organized and clean and everything has a
place with divided sections that were identified by signage. I was
somewhat impressed by the organization and amount of space that
was committed to bikes, though there was no salesperson in sight,”
said Plano Cycling and Fitness’ Carlson.

“Besides the clean look and spacious display area, I will say that
this new concept Wal-Mart has a lot of work to do for a high-end
store. Besides some higher priced electronics and appliances, the
bike department did not have it. If potential bicycle buyers need
service and a road bike in any other size than a 52, they had better
check out their local IBD,” he added.

But are older, first-time bike buyers finding good service and good
value in the average bike shop catering to enthusiasts? Wal-Mart
sells $500 digital cameras and $1,000 plasma TVs because it provides
sufficient service for many consumers.

The ’70s bike boom and the ’90s mountain bike boom created a greater demand
than bike shops could fill, giving a lot of business to mass retailers. The
current boom in pavement bikes may do the same, allowing mass retailers to
find customers for higher price point road and comfort bikes.

---

May 25, 2006
Rider Sues Bike Shop, GT Bicycles, Failed Quick Release

SANTA FE, NM —
Archibald Sproul, a Santa Fe contractor is suing Rob
and Charlie's, a local bicycle shop, and GT Bicycles who
made the bike he purchased more than 10 years ago,
for injuries he sustained when his quick-release failed
and his front wheel came off.

The lawsuit, filed on May 18 at the First Judicial District Court Santa Fe,
New Mexico, includes as defendants GT Bicycles, Pacific Cycle and frame
maker Ishiwata.

The damages sought by Sproul are unspecified
and no court date has been set at this time.

The suit claims that the defendants are at fault for manufacturing
and selling Sproul a GT All-Terra mountain bike without warning
him of the dangers of a quick-release hub and implying that the
bike was safe for its intended use.

Sproul claims the quick-release eventually failed, causing the
front wheel to fall off and causing Sproul extensive injuries.

~~ Suit Story: Bike's faulty hubs caused spill

A Santa Fe contractor is suing a local bicycle shop and the makers
of the bike he bought there, claiming in a District Court lawsuit
filed last week that he was injured when an old quick-release hub
caused his front wheel to fall off.

In the 1990s, a flurry of lawsuits over quick-release hubs
caused bicycle manufacturers to add to front forks what
became known as "lawyer lips," "lawyer tabs" or "lawyer nubs."

These raised areas on the inside of the front-fork slots that keep the
front-wheel axle in place, even if the hubs are not tightened properly.

The lack of such devices is the basis of Archibald Sproul's complaint
against Rob & Charlie's Inc., the shop where he says he bought a GT
All-Terra mountain bike in the late 1980s or early 1990s.

At least a decade later, on May 19, 2003, Sproul went for a ride on
a bicycle-motocross course, "went over a bump ... and the front wheel
fell off, resulting in (Sproul) being thrown off the bike and sustaining
serious injuries," says the complaint, which seeks unspecified damages.

Lawyers Kenneth Downes and Steven Henry of Albuquerque say Sproul,
a construction contractor, suffered a broken neck that kept him in
a body brace for six months. But they say their client is recovering
and is luckier than riders who have become paraplegic or quadriplegic
in similar accidents.

Also named as defendants are GT Bicycles Inc., the bike's manufacturer;
Pacific Cycle Inc., the firm that purchased GT Bicycles; and Ishiwata,
the Japanese steel maker that made the frame and front fork. Joy Tech
Corp., the Taiwan company that made the quick-release hub used by GT
Bicycles, is not named as a defendant because it is no longer in business.

"The whole idea behind products liability is, if you had a component
manufacturer that goes out of business, the risk is going to be spread
to the sellers themselves, " Henry said. "We're not saying that Rob
and Charlie's did anything specifically wrong, but someone somewhere
along the line should have had a recall on the thing or sent out warnings."

Charlie Verral, owner of Rob and Charlie's, was not available
for comment. Stephen Newhall, manager of the shop at 1632

St. Michael's Drive, said Tuesday that he had not yet been
served with the complaint, but said he has heard about lawsuits
based on quick-release hubs. "They are always, always, always
user error (by someone who) doesn't know how to use his quick
-release lever, that doesn't tighten it properly," he said.

Dan Koffman, owner of Santa Fe Pedicabs who works at Santa Fe
Mountain Sports, said the first lawsuits over quick -release hubs were
based on injuries to children. "Kids were using their quick release (to)
take the front wheel off, show their friends (and) put it back on not
properly," he said. "It's a feel thing to get it just right -- not too
tight, not too loose. So it's too loose, they pop a wheelie, there's
no lawyer lips and they're on their face."

According to a Web site for Campagnolo, the Italian bicycle
-parts manufacturer, the quick-release-hub lever was invented
by the company's founder, Tullio Campagnolo, after he lost the
Gran Premio della Vittoria race in the Italian Dolomite mountains
in 1927 because he was unable to change a wheel quickly because
his hands were too cold to unscrew the frozen wing nuts.

Added Notes: 01/30/2006 PR:
Pacific Cycle and Montague Inventive Technologies
Partnerto Offer Improved Quick-Release Wheel System.

---

May 10, 2006
Dorel's First Quarter Sales Down 4.4 Percent

MONTREAL, Ontario, Canada —
Dorel’s first quarter sales fell to $451 million, down
from $471.9 million over the first quarter last year.

Contributing to the company’s decline was an eight percent
drop in sales of Dorel’s home furnishings segment, and a
seven percent drop in its recreational and leisure segment,
which is mostly composed of Pacific Cycle.

“Recreational/Leisure was affected by lower bicycle sales
in the mass merchant channel which should be corrected
as we move through the year," said Martin Schwartz,
Dorel’s president and chief executive officer.

First quarter recreational leisure sales decreased to
$77.2 million compared to last year's $83.1 million.
Earnings from operations dropped 19 percent to $7.1
million from $8.7 million. The sales decrease was
due in part to a major Pacific customer reducing on-
hand inventory levels, impacting orders in the first quarter.

Pacific Cycle’s independent bicycle dealer channel business
continues to expand. Also during the first quarter, Pacific
Cycle launched its Mongoose bicycle program in China with
a major display at the Shanghai Bike Show.

Mongoose has signed with the Chinese National Cycling
Federation to be the exclusive supplier to the Chinese
National team at the 2008 Beijing Summer Olympics.

Summary and Highlight Figures:
http://www.newswire.ca/en/releases/archive/May2006/09/c4796.html

---

May 09, 2006
Schwinn Bicycle Child Carriers Recalled

WASHINGTON, D.C. ( CPSC ) --
~~Bicycle Child Carriers Recalled Due to Fall Hazard~~

The U.S. Consumer Product Safety Commission, in
cooperation with the firm named below, today announced
a voluntary recall of the following consumer product.

Consumers should stop using recalled products
immediately unless otherwise instructed.

Name of Product: Schwinn Deluxe Bicycle Child Carriers
Units: About 14,000
Manufacturer: PTI Sports Inc., of Coral Gables, Fla.

Hazard: If the seat is not fully seated on the rack, the
plastic guide tabs on the carrier can break. If these tabs
break, it could cause the seat to fall off.

This poses a risk of serious injury to a child seated in the carrier.

Incidents/Injuries: PTI Sports has received five reports of
the bicycle child carriers falling, including three reports
of minor injuries, such as bumps and scratches.

Description: The carrier is a seat for a child that is attached
to the back of an adult bicycle. The carrier is gray plastic with
a blue rubber back and seat pad, a gray head rest, and black straps.

Model number SW571T is printed on the carrier’s packaging and in
the owner’s manual. “PTI” is printed on a yellow warning sticker
on the back of the carrier seat.

Sold at: Department stores, discount department stores,
and military exchanges nationwide from September 2004
through November 2005 for about $50.

Manufactured In: China

Remedy: Consumers should immediately stop using the
bicycle child carriers. Do not return the carrier to store.
Contact PTI Sports for a free safety bracket and revised
installation instructions.

Consumer Contact: For additional information, contact
PTI Sports at (800) 515-0074 between 9 a.m. and 5 p.m.
ET Monday through Friday, e-mail the firm at
customerservice@ptisports.com, or visit the firm’s
web site at http://www.schwinnbike.com

CC - http://www.cpsc.gov/cpscpub/prerel/prhtml06/06159.html

---

May 05, 2006
Schwinn/GT Stunt Team To Be In Kennewick Wa May 13th

Kennewick, Wash. (Gene`s BMX News) --

http://www.schwinnbike.com/team/stunt.php
http://www.gtbikes.com/freestyle/team/airshow.php=free

The Schwinn/GT Stunt Team will be in Kennewick
Washington Saturday, May 13th 11 a.m. & 2 p.m.
for the new G.I. Joe store Grand Opening.

If anyone is going to be hitting this BMX show event
can you please get a good hand full of photos as
Gene`s BMX is taken on this weeked and is not able to atten
this event. Gene`s BMX will be in Wenatchee, Washington
for the Washington State Omnium Stage Race Championships

The Schwinn/GT Stunt Team is a show that any BMXer will not
want to miss. If anyone can make it to this event, Please
let Gene`s BMX know. As anyone out there knows I am one
of the biggest Schwinn freeks around..... Thanks,

Here is the Off Site PR that gos with the event.
http://www.schwinnbike.com/heritage/showthread.php?t=33370
-Or-
http://sports.groups.yahoo.com/group/Schwinn-StingRay/message/671

---

May 04, 2006
Nautilus First Quarter 2006 Net Sales Rise 18 Percent

VANCOUVER, Wash. (BUSINESS WIRE) --
Nautilus, Inc. (NYSE: NLS), a leading marketer, developer,
and manufacturer of branded health and fitness products, today
announced results for the three months ended March 31, 2006.

Net sales for the three months ended March 31, 2006,
were $185.0 million, compared to $156.4 million for the
corresponding period last year, up 18.3 percent. Net
income for the quarter was $5.2 million, or $0.16 per
diluted share including about 1.5 cents for stock option
expensing, down from $9.4 million, or $0.28 per diluted
share, for the first quarter of 2005.

"Our net sales and earnings were on plan with our guidance
and we continued to gain market share with our leading fitness
brands," said Gregg Hammann, Chairman and Chief Executive
Officer. "Furthermore, our balance sheet and cash flow
improvements were better than projected.

Inventories were down about $20 million from year-end
levels to $76 million, and short-term borrowings net
of cash down about $30 million to $1.5 million.

"The manufacturing issues that slowed our performance
in the fourth quarter are behind us, with all six new
cardio products now in production.

Our enterprise resource planning system conversion is in
the business implementation phase this year for our commercial,
specialty, retail and portions of our direct business.

Although we are still getting used to the new system, it is
helping identify additional areas for operational improvement
and we expect it to improve our accounting close process.

"Our Company is focused on achieving leverage through
operating excellence. To achieve that goal, we have put in
place an initiative called QC2 to take costs out of the system
and improve margins. It stands for quality, customer service,
and cost takeout.

"The quality component includes increasing the number of
on-floor quality engineers in our domestic plants and improving
first-time yield. The customer service element includes self-
service order status capabilities and delivery improvements.

The cost take-out elements consist of six focus areas: streamlining our
domestic manufacturing; reducing the number of distribution centers and
improving product flow; moving packaging upstream to our suppliers;
direct shipping products to customers bypassing our distribution centers;
continuing to look for cost savings in partnership with our suppliers, and;
discontinuing older and redundant product SKUs in our line.

"These initiatives already are being activated and had some
positive impact in the first quarter. We are continuing to
refine them in the second quarter as we prepare for a strong
back half of the year."

For the second quarter of 2006, the slowest quarter of the
year due to seasonality, the Company estimates that net sales
will be in the $145-150 million range, with expected earnings
of $0.04 to $0.07 per diluted share, including about 1.5 cents
per share for stock option expensing as required by FAS 123R
in 2006.

The first quarter 2006 conference call is scheduled for 5 p.m.
EDT (2 p.m. PDT) May 3, 2006. It will be broadcast live over
the Internet hosted at http://www.nautilusinc.com/events and will
be archived online within one hour after completion of the call.

In addition, listeners may call 800-746-1483 from anywhere in
North America, and 415-537-1903 from outside North America.

Participants will include: Gregg Hammann, Chairman and Chief
Executive Officer; Bill Meadowcroft, Chief Financial Officer;
and Tim Hawkins, President of Fitness Equipment.

A telephonic playback will be available from 7:00 p.m.
EDT May 3 through 4:00 p.m. EDT, May 15, 2006.
North American callers can dial 800-633-8284 and
other international callers can dial 402-977-9140
to hear the playback. The passcode is 21290173.

About Nautilus, Inc.
Headquartered in Vancouver, Wash., Nautilus, Inc.
(NYSE:NLS) is a pure fitness company that provides
tools and education necessary to help people achieve
a fit and healthy lifestyle.

With a brand portfolio that includes Nautilus(R), Bowflex(R),
Schwinn(R)Fitness, StairMaster(R), and Pearl iZUMi(R),

Nautilus manufactures and markets a complete line of innovative
health and fitness products through direct, commercial, retail,
specialty and international channels.

The Company was formed in 1986 and had sales of $631
million in 2005. It has about 1,600 employees and operations
in Washington, Oregon, Colorado, Oklahoma, Texas, Illinois,
Virginia, Canada, Switzerland, Germany, United Kingdom,
Italy, China, and other locations around the world.

More information is at http://www.nautilusinc.com

---

May 03, 2006
Schwinn Fastback Pro model named “Editor’s Choice”

Madison, WI --
Schwinn is honored to receive Bicycling Magazine’s coveted
Editor’s Choice award as “Best Recreational Road Bike” for
the Fastback Pro.

Bicycling gave the Fastback Pro the award, stating that
the bike is “aggressive and zippy when pushed, yet absorbent
enough of sting to be all-day worthy”.

“I’m thrilled that Bicycling’s editors recognized the quality ride,
spec and value present in the Fastback Pro” said Chuck McFarland,
Schwinn Specialty Product Manager. “It’s great to have this third
-party endorsement for the Pro and the entire Fastback line.”

The Fastback Pro is part of a series of six Fastback road race
models, well built to fit most budgets and tastes. All Fastbacks
feature high-quality frames using N’Litened™ aluminum tubing
– some with Reflex™ carbon stays, Schwinn race geometry and
smooth-shifting Shimano drivetrains with STI shifters.

*PHOTO - http://www.schwinnbike.com/images/news/FASTACKPRO_EdChoice.jpg

CC - http://www.schwinnbike.com/news/press_detail.php?id=131

---

May 02, 2006
Schwinn Sponsors Chicagoland Bicycle Federation's Bike The Drive

Chicago, IL --
Be one of 20,000 bicyclists on a car-free Lake Shore
Drive May 28 when Schwinn Bicycles and the Chicago land
Bicycle Federation present Bike The Drive to raise
funds for local bicycling advocacy.

“Schwinn is pleased to be presenting sponsor for this amazing
event,” said Schwinn Senior Marketing Manager Chris Holmes.
“Chicagoland Bicycle Federation does great work for bicyclists
throughout the region and Schwinn is proud to partner with this
worthy cause.”

Starting at sunrise, participants will ride through Chicago’s
famous Grant Park, and past some of Chicago’s most iconic
structures including Buckingham Fountain, the Hancock building,
Navy Pier and the Field Museum, just to name a few.

“As a nonprofit bicycle advocacy organization, the Chicagoland
Bicycle Federation is ecstatic to be partnering with a quality
bicycle manufacturer who has been revolutionizing bicycling
around the world for over 100 years”, said Rob Sadowsky,
Executive Director of the Chicagoland Bicycle Federation.

“Our employees, members, and volunteers are proud to be
affiliated with a company who consistently creates quality
products that enhance people’s riding experiences, ultimately
getting more people bicycling.”

Bike The Drive registration includes four hours of biking supported
by hundreds of volunteers, an event T-shirt, access to three rest
stops and a fun festival after the ride. Registration is now open
at http://www.bikethedrive.org Bike The Drive supports the advocacy
work of the Chicagoland Bicycle Federation.

Founded in 1985, the Chicagoland Bicycle Federation works
to improve the bicycling environment and thereby the quality
of life in the region through the promotion of bicycle safety,
education and facilities, and by encouraging use of the bicycle
as an energy-efficient, economical and nonpolluting form of
transportation and as a healthful and enjoyable form of recreation.

The Chicagoland Bicycle Federation recognizes the synergies
between promoting bicycling and promoting walking and public
transit. For more information on the Chicagoland Bicycle Federation,
call (312) 427-3325 or visit http://www.biketraffic.org

Founded in 1895, Schwinn ( http://www.schwinnbike.com ) is an
American icon and has built some of the best-known and best-loved
bicycles of all time. A world leader in technology and fabrication
, Schwinn has been an indispensable player in revolutionizing
bicycling around the world.

*PHOTO - http://www.schwinnbike.com/images/news/dscn0248_sm.jpg

CC - http://www.schwinnbike.com/news/press_detail.php?id=130

---

April 27, 2006
Pacific Cycle Expands To China

Madison, Wis. --
Seeking to boost revenues after a disappointing
2005, Pacific Cycle is looking to China.

The Madison-based company that owns Mongoose,
Schwinn, GT, Roadmaster and a host of other bicycle
brands, has begun marketing Mongoose bikes in the
world's most populous country.

Pacific Cycle, a subsidiary of Dorel Industries Inc. of Montreal,
Canada, made the announcement at the recent Shanghai Bike Show.

Mongoose is now the official bicycle supplier of
the Chinese National BMX Race Team through 2008.

Mongoose also hopes to bring the China National team
success at the upcoming 2008 Beijing Summer Olympics.

"Mongoose has a winning heritage and we sponsor some
of the world's best athletes in the BMX and mountain bike
categories," said Chris Hornung, CEO of Pacific Cycle.

In addition, Mongoose is sponsoring a freestyle BMX team and is the
official bike supplier to the world's largest BMX/skate park located
in Shanghai.

"The Chinese team has huge potential in BMX racing and
we believe that by sharing our successful experience,
we can help produce a competitive team," said Hornung.

Hornung said that Pacific also hopes to add mountain biking
to its Chinese teams in the near future. The company also plans
to expand its sales and distribution in China and is currently in
negotiations with potential distribution partners.

The moves come as Dorel Industries Inc. reported a fourth
quarter revenue decline of nine percent from $469 million
in 2004 to $430 million in the last quarter of 2004.

Dorel acquired PacificCycle in January
2004 in a deal valued at $310 million.

Publicly-traded Dorel (stock symbol: DIIB) in its earnings
statement said the revenue decline in the quarter was due to
a "sharp decline in its recreational/leisure segment" which fell
36 percent vs. the fourth quarter of 2004. That quarter had
included exceptional sales of the Sting-Ray bicycle during the
2004 holiday shopping season.

"Pacific Cycle was following a huge success in 2004 with its Sting-Ray
chopper bicycle, a success that made 2005 a difficult one by comparison,"
said Martin Schwartz, Dorel president and CEO.

As a result of that sales drop, Schwartz said the company
has re-focused its energy on improving the recreational product
line beyond bicycles into motor scooters, swing sets and adding
effort to other areas of that business.

---

April 15, 2006
Schwinn Sponsors 2006 Dew Action Sports Tour

Madison, Wis. --
Mongoose, Schwinn and GT Bicycles have signed on as
associate sponsors of the Dew Action Sports Tour, the first
-ever, season-long multi-sport professional tour in action sports.

A series of five major, multi-sport Tour events, the 2006
Dew Action Sports Tour boasts the biggest competitive
purse in action sports, a Million-Dollar Bonus Pool based
upon year-end standings, and the largest network and cable
television broadcasting commitment ever. In addition to the
primary sports of skateboarding, BMX, and freestyle motocross,
each tour stop will feature a unique "specialty comp", such as
snowboarding or wakeboarding.

Key lifestyle elements at each Tour event will include live
cutting-edge music, video gaming, and interactive events.

The Tour was announced last March and is owned and operated
by NBC Sports and Clear Channel Entertainment - Motor Sports.

Schwinn is a proud sponsor of the 2006 Dew Action
Sports Tour. We are sending our top notch BMX team
to compete at every Dew Tour event over the summer.

Check out the site for results and photos of our super-charged
team of BMX pros or stop by the Schwinn tent at one of the
events to get an autograph or sign up to win a bike!

http://www.schwinnbike.com/team/dast.php


June 22-25 Panasonic Open Louisville, Ky...
July 13-16 Right Guard Open Denver, Co....
Aug. 17-20 Vans® Invitational Portland, Ore.
Sept. 7-10 Toyota Challenge San Jose, Calif.
Oct. 12-15 PlayStation® Pro Orlando, Fla....

CC - http://www.schwinnbike.com/team/dast.php
ACC - http://www.dewactionsportstour.com

---

April 02, 2006
Schwinn`s Varsity Road Bike In Mass Market

Gene`s BMX News —
The Schwinn Varsity Road Bike, built around a
handcrafted aluminum roadbike frame and is now
found in the Mass Market today.



The classic is back, updated and upgraded for today's more
aggressive riding styles. Schwinn's handcrafted, lightweight
-aluminum Varsity road frame is built up with Shimano 7-speed
shifters and a 14-speed Shimano drivetrain for a ride that's
equally responsive on hills and flats. Virtually bombproof alloy
roadie pedals round out the package.

# Built around a handcrafted aluminum roadbike frame
# Shimano 14-speed drivetrain
# Shimano 7-speed shifters
# Alloy road pedals
# Frame features a sleek ball-burnished finish and classic design

The Schwinn Varsity Road Bike will cost you $199.77
Not all bad for a nice all around road bike by Schwinn.

You can find the Schwinn Varsity Road Bike at Mass Market
Wal-Mart. On the Web - http://www.walmart.com Or to the page,
http://www.walmart.com/catalog/product.do?product_id=4698938

---

March 20, 2006
Checking in on Schwinn`s TJ Lavin

Vegas/LA —
What's TJ been up to?

TJ Lavin has been hosting MTV's reality show "The Gauntlet 2".
The season has been going great and ratings on the show are at
an all time high. TJ is an amazing bike rider and a great person
to boot.

He contributes his time and money to charities involving
children and cancer foundations because this is something
that has impacted his own life so closely.

Over the past week, besides trying to ride everyday,
TJ has been filming for "The Gauntlet 2" reunion show
in LA and it looks like he will be hosting next season's
show as well.

On the riding end of things TJ has been putting in a lot
of time in his backyard so be ready to see it go down at
the first stop of the Dew Tour Action Sports in Louisville,
Kentucky on June 22-25.

CC - http://www.schwinnbike.com/news/press_detail.php?id=127

---

March 20, 2006
GT Bicycles at ABA Great North West Nationals

Pasco, Washington —
The ABA held round #4 of the 2006 Pro season this
past weekend at the Trac Arena in Pasco, WA. A short
and simple track made for some super horsepower type
racing from the Pros with some of the fastest lap times
in ABA National history.

With just over 200 moto's the weather outside was just
abit nippy over the weekend but the enclosed arena made
for some perfect racing conditions. 13 AA Pros made the
trip to Pasco for a light Pro turnout but the riders who
were there were some of today's fastest riders.

Randy Stumpfhauser was the lone GT rider in attendance,
but he sure had a standout weekend. Here is how Randy
finished up:

Randy was coming off a strong result from the last ABA National,
where he placed 1st and 2nd in AA Pro. Randy had missed the
first two rounds of the ABA Pro series due to a hand injury,
but to watch him race in Pasco you would never known he
missed a beat of his training or riding.

On Saturday, Stumpy was one of the standout pros in
attendance and once the main events started, he really shined.

After a close race with Donny Robinson all day, Stumpy
edged him out for the overall win, Randy's second ABA
AA win of the season.

On Sunday, Randy had a bad crash in the first main event,
giving him eight points right off the bat. Randy fought back
with two great results, netting him third overall for the day.

Randy, who is also know as the king of the 24's, had a
rough weekend, as he crashed in the main event both days,
scoring a seventh and eight overall. Randy looks forward to
the next round of Pro racing, which will be this upcoming
weekend in Nellis, NV at the NBL / UCI event.

The GT team sponsors include: Kenda, Sun Rims, Fly Racing,
OGIO, X Balm, SDG, SRAM, Easton and Pearl Izumi.

CC - http://www.gtbikes.com
ACC - http://www.genesbmx.com/Northwest-Nationals.html

---

March 03, 2006
FLY Racing Re-signs Pacific Cycle

FLY Racing News —
In other FLY Racing news, we have re-signed
a deal with Pacific Cycle for 2006.

Who is Pacific Cycle?
That would be GT and Mongoose Bicycles.

Look for one of the most consistent and professional racers ever,
GT`s Randy Stumpfhauser to continue wearing FLY for 2006.

Randy`s teammate Joey Bradford will be wearing FLY at
the track and on the mountain as he continues to tear
it up in BMX and 4X Mountain Biking.

We are excited with the addition of the legend Eric "Big Daddy"
Rupe as he will make his FLY debut coming up in couple weeks at
the ABA`s Great NW National in Pasco WA.

The Big Daddy is also leading the race for the ABA 06 Vet Pro title.

The GT and Mongoose Mtb team`s will also be in FLY for 2006.

A member of that Mongoose team is Eric Carter.
For those of you who remember, EC was a top AA pro
back in the day and now can be found on top of the
podium at most mountain bike events.

In addition, the GT Air Show riders will be putting on freestyle
shows all around the country throughout the year. This freestyle
group performs at many large events like the half time of NBA,
NFL, and MLB games.

We are excited to continue our relationship with GT and now
Mongoose and want to wish Randy, Joey, Eric, and the rest
of the team the best of luck this year!

Be sure to check out all the great FLY RACING products
at a dealer near you or: http://www.flyracingbmx.com

---

March 03, 2006
Dorel Profit Drops On Weak Bicycle Sales

MONTREAL, Canada —
Dorel Industries Inc. (TSX: DII.MV DII.SV; NASDAQ: DIIB)
fourth-quarter profit sank 35 percent, the maker of furniture,
children and recreational products said on Thursday, blaming a
sharp drop in sales of a blockbuster bicycle model and ready-
to-assemble furniture.

Shares of Dorel were down 7 percent, or C$2.32, at C$31.43
on the Toronto Stock Exchange on Thursday afternoon.

Dorel, whose products include ready-to-assemble furniture and
Safety 1st children products, said net income for the quarter,
ended December 30, was $22.5 million, or 69 cents a share,
down from $34.7 million, or $1.05 a share, a year earlier.

Revenue slid 8 percent to $430.3 million from $469.1 million
a year earlier as the company experienced a decline in sales
of Sting-Ray bicycles, while a restructuring in its ready-to-
assemble furniture business was slower than expected.

Montreal-based Dorel said its Pacific Cycle division, which makes
Schwinn, GT and Mongoose bicycles, was following a huge success in
2004 with its Sting-Ray chopper bicycle, "a success that made 2005
a difficult one by comparison."

Jessy Hayem, analyst at Desjardins Securities, said
Dorel results were in line with her expectations, noting
that the company had already warned of slower bicycle sales.
"They had said the success they had last year would be really tough to
replicate this year. That obviously reflected in the numbers," she said.

Revenue at Dorel's recreational and leisure segment, which includes
Pacific Cycles, declined 35.8 percent, while the children's products
and home furniture segments posted modest revenue increases of 1.5
percent and 2 percent respectively in the quarter.

The company said children's products sales in North America
and Europe were boosted in part by the introduction of new
strollers under the Quinny brand.

In the home furniture division, strong sales from its Asian unit
offset a 5.5 percent decline in sales of products sold under the
Cosco Home & Office brand, and a 13 percent drop in sales of ready
-to-assemble furniture and futons sold under the Ameriwood brand.

"Our ready-to-assemble furniture business continues to be in a turn
-around phase. Significant improvements were made in sales and marketing,
as well as new product development, but necessary factory improvements
remain to be achieved," president and chief executive Martin Schwartz
said in a statement.

Hayem, who has a "buy" rating on Dorel's shares, said although the
restructuring in the ready-to-assemble division was in line with her
projections, the process was slower than what the market had expected,
explaining the 7 percent drop in Dorel's stock on Thursday.

---

March 02, 2006
Dorel reports 2005 Q4 And Annual Results

MONTREAL, Canada —
Dorel Industries Inc. (TSX: DII.MV DII.SV; NASDAQ: DIIB)
today released results for the fourth quarter and year ended
December 30, 2005. Net income for the quarter, excluding
restructuring costs incurred on the previously-announced
Ameriwood ready-to-assemble (RTA) furniture plant shutdown
was US$22.9 million or US$0.70 per diluted share, compared
to US$34.7 million or US$1.05 per diluted share a year ago.

Net income was US$22.5 million or US$0.69 per diluted share.
Fourth quarter revenue was US$430.3 million, down from US
$469.1 million a year ago.

The revenue decline in the quarter was due to a sharp
decline in the Recreational/Leisure segment, which declined
by 35.8% against the fourth quarter of 2004 which included
exceptional sales of the Sting-Ray bicycle in anticipation
of the 2004 holiday shopping season.

"In 2005 Dorel had strong performances in Juvenile and in several
Home Furnishing units. However these were offset by challenges in
Recreational/Leisure and Ready-to-Assemble (RTA) furniture.

Pacific Cycle was following a huge success in 2004 with its Sting-Ray
chopper bicycle, a success that made 2005 a difficult one by comparison.
However, as a result of this event, we have re-focused our energy on
improving the recreational product line beyond bicycles into motor
scooters, swing sets and adding effort to other areas of that business.

Our RTA furniture business continues to be in a turn-around phase.
Significant improvements were made in sales and marketing, as well
as new product development, but necessary factory improvements remain
to be achieved," commented Martin Schwartz, Dorel President and CEO.

Full year earnings from operations were down 29.5%
to US$34.9 million from US$49.4 million last year.

The revenue and earnings decline in the quarter was due exclusively
to lower sales of the Sting-Ray bicycle. Excluding sales of this model,
revenues increased by 10% over 2004 levels.

For the year, 2005 sales include US$12.3 million from an extra
month's sales. Therefore, as 2004 only included eleven month's
results, true organic revenues actually declined by 14.7% from
the prior year.

Sales of non-Sting-Ray products actually increased by 9% over 2004
as the core business remains strong and is being expanded. These
sales increases occurred in several product categories and brands.
However, Sting-Ray sales in 2004 far exceeded those in 2005 more
than offsetting any increases.

For Full 2005 Q4 And Annual Results PR + Line Charts See:
http://www.newswire.ca/en/releases/archive/March2006/02/c3206.html

---

January 30, 2006
Pacific Cycle and Montague Inventive Technologies Partners

Madison, Wi —
Both Partners to Offer Improved Quick-Release Wheel System
New quick-release design provides more safety, efficiency

Pacific Cycle Inc.™ announced today that it has partnered with
Montague Inventive Technologies™ and will begin installing the
Montague Wheel Fastening System™ to the majority of Pacific’s
2007 MY Schwinn™, GT™ and Mongoose™ bicycles in the IBD,
Sporting Goods and Mass distribution channels.

“I think the Montague System is the greatest advance in wheel
removal and retention that the bicycle industry has seen since the
invention of the traditional quick release system,” said Pacific
Cycle CEO Chris Hornung. “We believe the Montague System
will prove to be easier, safer and more convenient than any
system currently on the market and we’ll install it on our bikes
to provide superior safety and convenience to our customers.”

Pacific Cycle, the leading bicycle supplier in the U.S. and a Dorel
Industries Inc.™ company (TSX: DII.SV, DII.MV; NASDAQ: DIIB),
is the first bicycle supplier to adopt the Montague System, developed
by Montague Inventive Technologies of Cambridge, Mass.

“The method of installing wheels on bicycles hasn’t changed
much since the 1920s,” said David Montague, President of
Montague Corporation. “The new Montague System lets the
cyclist remove a front wheel using only one hand and then
simply click it back into place on the bike.”

The Montague System looks like a conventional quick-release
system, but it automatically clicks the wheel into the fork and
simultaneously locks it into place. This eliminates the awkward
operation of the traditional quick-release system, and allows
the rider to adjust, secure, or remove the wheel with one hand.

“The safety of our customers is always our top concern,” said
Jeff Frehner, Pacific’s President and Chief Operating Officer.
“Existing quick-release designs are safe and effective, but the
Montague System goes a step further by reducing the potential
for human error. The Montague System is a simple solution that
helps make bicycles safer and easier to use.”

CC - http://www.pacific-cycle.com/news/news_detail.php?id=24

---

January 20, 2006
Pacific Cycle Makes Seasonal Layoffs

Olney, WI —
For the first time in three years, Pacific Cycle, Inc., has
conducted winter layoffs, 13 temporary and four indefinite,
at its Olney facility due to the impact of seasonal business.

The Olney distribution center employs 209 people, including
full-time, part-time and temporary workers, but the majority
of that number consists of full-time employees, according to
Mo Moorman, Director of Marketing and Public Relations
for Pacific Cycle, Inc.

“We don't typically employ part-time at all,” he said,
adding this was also the case with temporary help.

Pacific Cycle, Inc., is a division of Dorel Industries, Inc.
Dorel encompasses many companies with global consumer-product
sales, employing approximately 5,000 people in 14 countries.

“This facility has historically only had layoffs in the winter,
usually in February or January,” Moorman said. “It's very
typical of our business to slow down significantly at that time.”

This is a result of the seasonal fluctuation with bicycle sales, according
to Moorman, who terms selling bicycles to be a “seasonal business.”

“It depends on the weather,” he said, citing the most productive
time as extending from March through the fall months.

During the months of less productivity, workers are often laid off
as the reduced amount of work results in a need for fewer employees.

“These are usually short-duration layoffs,” Moorman said.
“Sometimes they're necessary based on the type of business we have,
with the ebb and flow of consumer demand,” he added. “It's a fairly
common practice.”

According to Moorman, for the last two years Pacific Cycle did
not conduct layoffs, but he referred to these years as anomalies.

“We were just in a better situation last year,
and reduction of headcount wasn't necessary,” he said.

In addition to the distribution facility in Olney, Pacific Cycle
has another similar facility in Vacaville, Calif. The company's
headquarters are located in Madison, Wis.

The Vacaville distribution center has had a similar situation
with layoffs, according to Moorman. “It's affected similarly
with the seasonal type of business, the difference being that
at Vacaville we have mostly temporary employees,” he said.
“There's a constantly fluctuating employee situation, unlike
the facility in Olney.”

The layoffs at the Olney facility were conducted by plant-wide
seniority. Of the 17 people laid off, 13 were temporary layoffs
for a four-week period and four were indefinite.

These numbers were determined upon the company's examination
of the situation at the facility, according to Moorman. “It depends
on the business that we're in,” he added. “These things are evaluated
on the situational basis.

“We don't have the opportunity to provide
a temporary layoff to everybody,” he said.

Additionally, several employees were
subject to changes in their work shifts.

According to Moorman, the company worked with the union to make
sure any shift changes put into practice met union protocols.

The shift changes were done by seniority, and employees were
given 10 days' notice, which Moorman said is in compliance with
the union protocol.

The employees who are currently in temporary layoffs will
still be covered by company health insurance during their
time off. They are scheduled to return to work February 6.

Of further layoffs, indefinite or temporary,
Moorman said he is “not aware of any at this time.

The president of the union at Pacific Cycle could not be reached for comment.

---

January 17, 2006
Wal-Mart, Pacific Cycle Named In $900,000 Lawsuit

ROGERSVILLE, TN —
Elizabeth Burton, the mother of a boy injured in a bicycle
accident, filed a $900,000 lawsuit against Wal-Mart and
Pacific Cycle on Jan. 6. 2006

The suit claims that Eric Burton was injured when his
Roadmaster bike failed to stop and he was struck by a
vehicle in the intersection.

It alleges that Pacific manufactured a defective bike and
that the bike was improperly assembled by Wal-Mart,
according to a report in the Kingsport Times News.

The lawsuit seeks $750,000 for injuries and damages
and another $150,000 for medical expenses.

Wal-Mart, and bike maker Dynacraft, are currently
defending themselves in another bike related trial
in San Rafael, California.

Nine plaintiffs allege they were sold Dynacraft bikes by
Wal-Mart that were assembled by untrained employees and
sold without an instruction manual explaining the danger
of quick-releases.

Here is the report from the Kingsport Times News.
~~ Wal-Mart, bicycle builder named in $900,000 lawsuit ~~
ROGERSVILLE - Monday, January 16, 2006

The mother of a Rogersville boy who was injured in an accident
last year on a new bicycle has filed a $900,000 lawsuit against
the bike manufacturer and Wal-Mart, where the bike was purchased.

Elizabeth Burton, 625 S. Armstrong St., Rogersville, is the mother
of Eric Burton, who was injured in an accident on Jan. 9, 2005.
The boy's sister had received the Roadmaster Mountain Sport bicycle
as a Christmas present from their father.

According to the lawsuit filed on behalf of the Burtons by Morristown
attorney Gary E. Brewer, on Jan. 9 of last year Eric Burton was riding
his sister's new bike on South Armstrong Street, but as he approached
the Broadway Street intersection the brakes failed.

The bike didn't stop and continued onto Broadway Street into the path
of an oncoming vehicle which had the right of way, the lawsuit alleges.
The lawsuit further contends that as a result of the accident Eric Burton
was severely injured, was hospitalized and will undergo continuing medical
treatment.

Aside from Wal-Mart, the other defendants in the lawsuit include
Pacific Cycle, Inc., based in Wilmington, Del., as well as its
parent company Dorel Juvenile Group, Inc., which is to be served
with the lawsuit in Columbus, Ind.

The lawsuit alleges that Pacific Cycle manufactured the bicycle in a
defective condition, making it unsafe. The lawsuit also alleges that
Wal-Mart assembled the bicycle.

"The defendant (Wal-Mart) assembled and sold the bicycle in an unsafe
condition and design when they knew or should have known by the exercise
of ordinary care that the bicycle would be subject to failure,"
the lawsuit alleges.

The lawsuit seeks $750,000 for injuries and damages and another
$150,000 for medical expenses. The defendants have 30 days from
the Jan. 6 filing date of the lawsuit to either file a response
or seek a time extension.

CC - http://www.timesnews.net/article.dna?_StoryID=3590584

Also -
Good Morning America Airs Wal-Mart Quick-Release Story - 01/26/2006
Families: Wal-Mart bikes caused injuries - 01/29/2006
Marin Importer Says Not Defective Bikes - 02/05/2006
Wal-Mart Bike Suit Closing Arguments - 02/05/2006
Marin County Jury Hands Bike Industry Big Win - 02/11/2006

---

January 10, 2006
Nate Berkheimer Leaves Schwinn and Signs With Diamondback

Gene`s BMX News —
It's official; Nate just inked a one-year deal with Diamondback.
From what he tells us, he's going to be doing a lot more than just
racing double-A. Like what? Well, he's planning on hitting all the
Dew Tour stops, plus all of the Core Tour dates (at least the ones
that don't conflict with races). And considering he's made the finals
at just about every dirt comp he's ever entered, we'd say Diamond
back's getting double the bang for their buck with this kid.

Here's what else we know... obviously DB is Nate's main sponsor,
and it looks like he's going to continue receiving love from Pony foot
wear and a company called Liquid Charge. Sun Rims, SST, and FSA
are also DB team sponsors, so you can bet Nate's getting paid in full.

Why Nate kicks butt:
ABA Grands - sixth (AA Pro), first (Pro Open)
NBL Christmas Classic - Third (AA Pro), first (Pro Open)
ABA Reno - Second (AA Pro), first (Pro Open)
Turndown flips, X-up flips, tons of three variations,
and does everything at least five feet higher than anyone else...

*PHOTO - Nate got his holeshot on at the ABA Reno race this past
weekend. Nice that he killed it in jeans and a Pony long sleeve.


Nate Berkheimer will be missed from his Schwinn fans.
So the BIG QUESTION is, Who is going to fill the spot
on the Schwinn BMX Racing Team? Will Schwinn have a
Pro BMX Racer in year 2006?

---

January 09, 2006
New Team Schwinn BMX Highlights Video

Gene`s BMX News —
Schwinn has a new video posted up that is way cool
of Highlighting Schwinn`s 2005 BMX Team. watch the
highlights of TJ Lavin, Tom Stober and Nate Berkheimer.

(~ Click here to view Video! ~) = .wmv file
CC - http://www.schwinnbike.com/team/gallery_detail.php?id=25

Way Cool Schwinn- Thanks,

Now just if they could post up the 30/60 sec spot TV Commercial
that aired on NBC Dew Action Sports Tour, This one was way cool.
Schwinn`s Mo Mo said they would see if it could be posted up this
was back in September 2005, Still have not yet to see it posted.

Schwinn had a 30/60 sec spot TV Commercial that aired on NBC
on the TOYOTA CHALLENGE Dew Action Sports Tour from
San Jose, California event September 8th - 11th 2005

The TV commercial was showing some old school Sting Ray
racing and TJ jumping and TJ saying he started racing BMX
and then started jumping. "I'm TJ and I ride for Schwinn Bikes".

It was a Schwinn BMX ad and it was way cool......

This would be real cool to see posted on the Schwinn site.

Till next time, keep the rubber side down and RIDE a Schwinn!

---

December 26-29, 2005
Schwinn`s Nate Berkheimer kicks butt at NBL Christmas Classic

Columbus, Oh. —
Schwinn`s Nate Berkheimer is kickin butt at
the NBL Christmas Classic , - Check this out:

Day One Elite Men, Nate Berkheimer Pulls a 5th
Day Two Elite Men, Nate Berkheimer Pulls a 3rd
Day Two Elite Open, Nate Berkheimer Pulls a 1st

Way to go Berkheimer!!! way to go...............


-----------------------------------------
Photo of Schwinn`s Nate Berkheimer at the
2005 NBL BMX Christmas Classic National..
-----------------------------------------

Smelling them 2008 BMX Olympics, Berkheimer?
Will we see Berkheimer shoot for Beijing, China 2008?
The Nations rankings are determined by the placing of each
nation’s highest top 3 riders in the UCI BMX World Rankings
and it starts on ( 01/01/2006 ) Berkheimer has been on fire in
year 2005. It almost time dude, Shoot for it, You can do it!!

Less just hope that them "Rumors" are not true out there
Words in the grape vine saying that Berkheimer will not
be flying the Schwinn logo in 2006...... only time will tell.
Berkheimer is one heck of a BMX racer and will be missed
if so, But then it is just grape vine "Rumors" at this time...

You can Visit the NBL Christmas Classic Report Page
For Complete Results! and Photos from the event at:
http://www.bmxmania.com/05_christmas_nbl.htm

---

December 21, 2005
GT Bicycles Signs Joey Bradford

Madison, Wi. —
Who’s the scariest dude on the MTB Race circuit?
Here’s a hint: he’s the scariest dude on the BMX
Race circuit, too, and he’s an amateur that has
all the pros scared. GT proudly announces that
Joey Bradford has joined the team.

Bradford has over 200 National main event wins and is fresh
off accomplishing the most difficult feat in BMX. Bradford took
the "Grand Slam of BMX," winning the big four Championships: ABA
Worlds,UCI Worlds, ABA National Champion and NBL National Champion.

At only age 16, Joey Bradford rides like a seasoned veteran.
Bradford lives in Monterey , Cali . and competes in Junior
Eite or Junior Men in BMX and 18-and-under Junior Exper
t class in MTB. Bradford ’s riding the GT Moto in his MTB
comps and the GT Ultrabox in his BMX comps.

“The GT Ultrabox rides great,” said Bradford . “The riding
style is real smooth and it was easy to get used to. It manuals
good and rides perfect. I am really likin’ it and can’t wait to
start riding the GT Moto.”

“I am very exited to be on GT,” said Bradford . “I have
always seen GT and wanted to be on the team. My first
bike ever was a GT Mach one. I have always thought the
program was very good and wanted to be a part of it.
Now I finally am, and I can’t wait until next year.”

Despite his early success, Bradford hasn’t let all his wins
go to his head. “I like to hang out with friends, go to the
beach and be a normal kid,” said Bradford . But don’t let that
humble attitude fool you. This is a guy who loves to compete.

“There’s nothing like the feeling like when you’re at
the World Championships on the gate and can hear
everyone yelling,” said Bradford . “It’s a great experience.”

Bradford ’s goals for 2006? Nothing too ambitious. Just
to win at least 80% of the nationals he competes in; double
in Junior Men at the UCI Worlds; teach more clinics; have
fun; double at the ABA Grands, NBL Grands and ABA
Worlds; win the NAG 5 challenge; and win a race in South
Africa (Africa is the only continent he hasn’t won a race on).

Welcome aboard, Joey. Show ‘em how it’s done.

Bradford ’s Career Highlights:
14-time World Champion
10-time National Champion
13-time Race of Champions Champion
10-time State Champion
4-time Regional Champion
Pacific Oceanic Champion
Pan Pacific Champion
Three-time Sea Otter Champion (Mountain Cross)
Eight-time Western Regional Champion
More than 500 National wins

Information about GT’s athletes and models
is available at http://www.GTBiclcyes.com

GT Bicycles sells incredible bikes globally. A market leader,
GT continues to lead the way in innovative, high performance
cycling products for people of all ages.

Visit http://www.gtbicycles.com for more information.

Pacific Cycle, a division of Dorel Industries Inc., owns
GT Bicycles and is the leading supplier of quality bicycles
in North America .

The company designs, markets and imports a full range of
bicycles and recreation products under the brand names
of Schwinn, GT, Mongoose, Powerlite, Pacific, InSTEP,
Pacific Outdoors, Roadmaster and Dyno.

Pacific Cycle is headquartered in Madison, Wisconsin with
offices in Olney, Illinois and Lake Forest, California .
The company has distribution centers in Olney , Illinois ,
and Vacaville , California .

---

December 20, 2005
GT Bicycles Re-Signs Stumpfhauser to 2006 BMX Team

Madison, Wi. —
GT proudly announces that it has re-signed BMX Race
champion Randy Stumpfhauser to the 2006 GT Team.

Stumpy jumps back into the thick of it after a great 2005.
Winning Elite Cruiser at the World Championships in Paris
and winning the ABA Pro Cruiser title for the fifth year
in a row are among his 2005 highlights.

In 2006 his goals are to continue being consistent
and to enhance his already impressive riding level.

“I hate going out there and not riding at the level I know
I am capable of, so I want to raise that level and concentrate
on winning races and the titles will come with those goals,”
said Stumpfhauser.

How’s he like riding for GT?

“Riding for GT is something I used to dream about when
I was younger. In this stage of my career I am very happy
to have the support from a company that makes great bikes
and gives me support at the races.”

Randy will be riding the Ultrabox 20” and Cruiser in ’06 and
will compete in most NBL and ABA National events along with
the World Championships and hopefully some UCI Supercross events.

Information about GT’s athletes and bike models
is available at http://www.GTBiclcyes.com

GT Bicycles sells incredible bikes globally. A market leader,
GT continues to lead the way in innovative, high performance
cycling products for people of all ages.

Visit http://www.gtbicycles.com for more information.

---

December 20, 2005
Schwinn Re-Signs Dirt Jumping Legend TJ Lavin

Madison, Wi. —
TJ Lavin is one talented guy, and Schwinn Bicycles has
re-signed him to showcase his talents with the Schwinn brand.

Growing up in Las Vegas, TJ was drawn to BMX racing
as a young child, and showed potential as a top contender
almost immediately. He soon discovered dirt jumping and
before long found almost unparalleled success, having been
crowned the "King of Dirt" in 1995. In the X Games he has
medalled several times over, taking the bronze three times,
the silver once, and the gold twice, his most recent medal
being in 2004. He has also been a DK Dirt Circuit Champ,
a champion in the Gravity Games, and a CFB Champion.

“I’m excited to represent the Schwinn brand,” said Lavin.
“Schwinn’s been really good to me for the past few years
and I’m glad to stay in the family.”

Outside of his successes on the track, TJ has also developed
a plethora of talents off the track. He has appeared on Cribs
and stared in a documentary film. He is also featured in his
own video game, MTV Sports: TJ Lavin's Ultimate BMX.

Lavin is also a music producer. He has a studio in his home,
and has worked with several young talents who are on the rise
in the music industry, as well as producing his own tracks. He
has shown a real gift for music, having taught himself to play
the piano purely by ear. TJ Lavin is truly a young man on the
make, poised to launch him self to even greater heights in the
very near future.

The tropical island of Tobago is the setting for the latest
showdown between Real World and Road Rules alumni.
This time around, it's "Rookies" versus "Veterans," as
ambitious Challenge newcomers face off against seasoned
pros for a total of over $300,000 in cash and prizes. Lavin
leads the teams through ever-more-difficult challenges,
including the dreaded Gauntlet, where teammate battles
teammate to avoid elimination.

“So far the ratings are up 16% from the past season, so that's
great, and I'm pretty sure my relationship with MTV is going to
be a long and successful one,” said Lavin. “There are 16 weeks
of fun-filled madness re-running pretty much everyday so be sure
to check it out.”

TJ has a lot of irons in the fire, but that doesn’t
diminish his passion for the sport and his desire to win.

“My goals for 06 are simple: Dew tour Championship.
It's the only title ever to exist in dirt jumping that I haven't
won and I'm real excited about focusing on that. I plan on
entering everything possible and doing really well at them.
I've been riding like crazy and everything seems to be lining
up nicely.”
TJ says his highlights in 2005 included
the Denver Dew Tour stop and the X Games.

“This was my 10th X Games in a row and placing in the
Top 5 was an accomplishment in itself. These days the bar
is set so high that making the cut isn't just a walk in
the park for any of us.”

TJ is riding the TJ Lavin Schwinn signature bike in 2006.

“I'm really glad Schwinn and I stayed together. I think the
fit is perfect for both and I'm stoked on the changes for the
new line.” - We think so too, TJ.

CC - http://www.schwinnbike.com/news/press_detail.php?id=125

---

November 28, 2005
Schwinn at the ABA BMX Grand Nationals

Tulsa, Oklahoma —
If Gnarly Nate was going to have his best race weekend
of the season, the ABA Grands sure was a good place to
do it. Nate was ON FIRE all weekend, winning lap after
lap and wowing the crowd with tons of style over the many
tricky jumps on the track. What a showman.

He did really well to make it to the AA Pro main, where he
finished a very respectable 5th place for the day. Not wanting
to end it there, Nate had a convincing win in the Pro Open class,
as he won from wire to wire.

VERY IMPRESSIVE. Congratulations Nate, on a job well done.

Nate Berkheimer AA Pro: 5th

CC - http://www.schwinnbike.com/news/press_detail.php?id=124


Schwinn`s Nate Berkheimer at the ABA BMX Grand Nationals
in Tulsa, Oklahoma - Practice race on Thanksgiving Day 2005
And some other photo shots of Schwinn`s Nate Berkheimer -
http://www.gobmx.com/2005Grands/nag5/images/nag5002.jpg
http://www.gobmx.com/2005Grands/nag5/images/nag5010.jpg

The 2005 ABA BMX Grand Nationals held at the Tulsa,
Ok Expo Square Indoor! ~~ November 24th - 27th, 2005 ~~
The ABA BMX Grand Nationals Is The Biggest Event In BMX
And Is The Greatest BMX Race On Earth!!

---

November 23, 2005
Dorel management change at Dorel Juvenile Group

MONTREAL, Canada —
Dorel Industries Inc. (TSX:DII.MV DII.SV; NASDAQ: DIIB)
today announced that Bruce Cazenave, President and CEO of
Dorel Juvenile Group, Inc., consisting of Dorel Juvenile Group
(DJG) USA, has left the company to pursue other opportunities.

While a search for a replacement is underway, Camillo Lisio,
Dorel's Chief Operating Officer, will oversee operations of
the division to ensure on-going continuity.

"We have an excellent senior management team in
place at DJG USA to handle day-to-day affairs.
I know they will be entirely effective during the
transition period," said Mr. Lisio.

---

November 02, 2005
Dorel Sales Pulled Down By Falling Sting-Ray Sales

MONTREAL, Quebec Canada —
Dorel’s third quarter sales were down 2.4 percent, which
the company attributes to its bike sales falling off 34 percent.
The bad third quarter was not enough to dampen Dorel’s strong
first two quarters, and nine month sales are running seven percent
more than last year.

“The strong Sting-Ray sales of ’04 will not be repeated this year,”
said Martin Schwartz, Dorel’s president and chief operating officer.

Dorel owns Pacific Cycle, makers of Schwinn , GT and Mongoose branded bikes.

Schwartz expects fourth quarter Sting-Ray sales to lag behind last year as
well. Factoring out the impact of Sting-Ray, Schwartz said the company’s
bike sales were down 2.4 percent.

“In spite of reports in the press, we do not see the bike industry
picking up going forward. We have not seen sales gains due to the
increase in oil prices,” Schwartz said. He went on to say that of
all Dorel’s business units, only bicycles appear to be negatively
impacted by rising energy prices.

Dorel’s third quarter Recreational/Leisure revenue, almost entirely
Pacific Cycle sales, decreased $70.8 million compared to last year's
$106.8 million. For the nine months, revenue was unchanged from last
year at $264.5 million. Sting-Ray continues to sell about 3,000 to 4,000
units a week, and by the end of the year the company expects to have
sold 250,000 total units.

ACC - Dorel reports third quarter results

---

October 18, 2005
GT IBD Only For 2006, Drops Sporting Goods Channel

MADISON, WI —
Pacific Cycle is limiting its distribution channel of
its GT brand to bike shops for 2006. Pacific’s Schwinn
and Mongoose brands will continue to be sold through IBD,
Sporting Goods and Mass channels.

“In the 2006 model year, GT is introducing the largest
number of product and platform expansions in its history,”
said Chris Hornung, Pacific Cycle’s chief executive officer
and founder. “We feel that the IBD channel is best suited
to provide GT and its customers with the highest level of
service and knowledge.”

Another motivation for focusing the brand is Pacific’s recent
partnership with Performance Bicycle stores to sell GT. This
partnership gave the company sufficient retail base to pull
the brand from Sporting Goods stores.

CC - http://www.pacific-cycle.com/news/news_detail.php?id=23

ACC -
GT - http://www.gtbikes.com
Schwinn - http://www.schwinnbike.com
Mongoose - http://www.mongoose.com

---

October 17, 2005
Schwinn at Dew Action Sports Tour Playstation Pro

Orlando, Florida (Gene`s BMX News) --
Schwinn was not seen to much at the Playstation Pro in Orlando, Florida
for the Dew Action Sports Tour's Final Stop. But what do you know, In
the last event, the BMX Vert, on Sunday a Schwinn bmx rider was spotted.

Schwinn`s BMX rider Tom Stober was there to make the day good.
Stober pulled some kick but tricks on the ramps and takes an 8th
in BMX Vert Finals, at the Dew Action Sports Tour's Final Stop.
Way to go Tom! - nice job dude!

Tom Stober`s Schwinn Bio -
http://www.schwinnbike.com/team/team_detail.php?id=4

Schwinn is a proud sponsor of the Dew Action Sports Tour.
http://www.schwinnbike.com/team/dast.php

COVERAGE! from the PLAYSTATION PRO October 13th - 16th 2005
Dew Action Sports Tour's Final Stop in Orlando, Florida
( BMX Dirt, Park, Vert - Event Results and Photos Listed + Dew Action Sports )

---

October 02, 2005
Schwinn`s TJ Lavin at Vans Let It Ride BMX Jam

Las Vegas, NV --
There were plenty of high rollers at the Hard Rock Hotel & Casino
this weekend and they weren’t all inside at the tables. There was a
ton of action to be had out in the parking lot as well with nearly 50
of the world’s best BMX riders pulling out all the stops in two days
of competition at the Vans/Hard Rock Let It Ride BMX Jam.

Wow - what a cool BMX event this was, An extended InterBike
event in Vegas, Two-days of freestyle BMX extravaganza ,,,

Vans team rider Ryan Guettler took home 1st and a check
for $19,000 in the Dirt Final Friday night in Vegas.

But what is this, Schwinn`s TJ Lavin just happen to be there
showing off big air - but takes a 7th (TJ Lavin-$500) in the
Dirt Finals Friday night - Way to go TJ - better than nothing.
don`t for get, its Vegas, most people go home with nothing.

Here are some Photos of Schwinn`s TJ Lavin -
http://vansevents.com/letitride/images/stories/3TJLavin.jpg
http://vansevents.com/letitride/images/stories/2_tj.jpg

The dirt jumpers put on a show Friday night under the lights and
it was the Aussies who once dominated the field. Ryan Guettler,
who seems to have won nearly every contest he has entered this
summer, capped off his evening with a Front Flip to 720 Front Tire
Grab to win $19,000 and take a little bit of sting out of having his
new truck stolen from another hotel parking lot two nights before.

Luke Parslow nearly swiped the win with a Back Flip Turndown to
Back Flip Tailwhip and still walked away with $7,000, while Cam
White took home $5K for third. Diogo Canina won $5,000 in the
Best Trick with a Front Flip No Hand Turndown.

Many of the riders bounced back from a long night to hit the street
course on Saturday afternoon and once again they put on quite a show.

Scotty Cranmer showed that although he was the youngest rider in the contest,
he can stack up with anyone by nailing a full arsenal of tricks including a Front
Flip No Hand over the box, a Wall Ride Flair, a Double Tailwhip and a 360
Tailwhip over the box. San Diego native Gary Young claimed second, while
Dave Dillewaard showed that the Aussies know how to ride Street, too,
as he took third.

Dirt Results (Head-to-Head) (Friday, Sept 30)
Name Purse
1. Ryan Guettler (Brisbane, AUS) $19,000
2. Luke Parslow (Melbourne, AUS) $7,000
3. Cameron White (Canbury, AUS) $5,000

Street Results (Saturday, October 1)
Name Purse
1. Scotty Cranmer (Jackson, NJ) $15,000
2. Gary Young (San Diego, CA) $7,000
3. Dave Dillewaard (Brisbane, AUS) $5,000

Television:
The Vans/Hard Rock Let It Ride BMX Jam will air in two parts
on Friday, November 11 and Friday, November 18 during the
Vans Off the Wall hour on Fox Sports Net from 3 – 4 pm nationwide.

Stay tuned for subsequent airings on the FUEL action sports network.

Then look out for a special DVD release in time for the holidays from
Windowseat Pictures and Vans Off the Wall Productions.

The Vans/Hard Rock Let it Ride BMX Jam is made possible by
the Hard Rock Hotel & Casino, Tylenol, Scion, Pro-tec, Ride
BMX and Epitaph. For more see: http://vansevents.com/letitride

---

September 22, 2005
Dorel Industries Stung By Sting-Ray Bike Slide - Cautions Investors

TORONTO, Canada (CP) --
Slippage in the Sting-Ray bicycle fad is piling onto shakiness
in the ready-to-assemble furniture business to undermine the
near-term profit outlook of Dorel Industries Inc.

This year's sales of the chopper-style bike by Dorel's U.S.
Schwinn unit will not match the "unprecedented record levels"
of 2004, Jeffrey Schwartz, chief financial officer of the Montreal
-headquartered global consumer-products maker, said Wednesday.

His presentation followed disclosure Monday that Dorel is
closing its Ameriwood subsidiary's ready-to-assemble furniture
plant in Missouri and that after-tax profits will decline this
year amid further weakness in furniture sales at some mass
-merchant outlets.

The Sting-Ray was a major success for Dorel last year
- "it was in fact a home run and retailers couldn't
get enough," Schwartz told an investor conference.

"Today, retail sales continue to be above average compared to
other bicycles . . . however, the retailers' exuberance last year
created significant inventory hangover, so our sales have slowed
significantly in 2005."

Offsetting this are high hopes for Schwinn-branded motor scooters
sold by Dorel's Madison, Wis.-based Pacific Cycle business, acquired
for $310 million US early last year, which sells more bicycles than
any other U.S. maker.

Dorel's April-June profit was up 21 per cent from a year earlier at
$21.7 million US as sales rose 6.4 per cent to $435 million, with
revenue coming 47 per cent from car seats and other juvenile products,
32 per cent from home furnishings and 21 per cent from recreational products.

However, second-half results will be hampered by "lower sales
volumes and factory inefficiencies" in the furniture division,
Schwartz said.

"On the positive side, the industry-wide problem
last year of particleboard pricing has eased."

Ameriwood has a new management team and a "new tri-continental
supply chain which includes sourcing initiatives from South America
and Asia," he said. This involves increased presence of Asian parts
in U.S.-manufactured cabinets.

"Ameriwood will be back in 2006 and beyond," Schwartz declared.

Dorel shares (TSX:DII.SV), which touched a three-year low of
$31.05 Cdn on the Toronto stock market Tuesday, traded Wednesday
afternoon at $31.34, off 11 cents from the previoussessions'
close and down from last February's 52-week high of $46.79.

Schwartz attributed the furniture division's problems partly to "the
direction that our customers went into." Without mentioning names,
he said some big stores made merchandise misjudgments.

Dorel is striving to reduce its inventories and "there might be some
writedowns as we get into the newer, better products," he added.

Competition from Chinese furniture producers was
not a factor in Monday's earnings warning, he said.

"China's been putting pressure on the RTA (ready-to-assemble)
industry for about five years now," he noted. "That's not changing,
but that's not increasing either, so the problems we've had in the
second half of this year are more domestically related."

The rising cost of plastic, squeezed up by high oil prices,
"hasn't been helpful," Schwartz added. "Resin continues to
be above our plan for this year," which is based on oil at
just $50 US per barrel.

Dorel's financial strategy is focused on paying down debt, currently
equivalent to 44 per cent of capital, down from 49 per cent a year ago,
he said.

"Having said that, should the right acquisition
come along we'd entertain looking at that."

Schwartz stressed that Dorel, controlled by his family through
multiple-voting shares, has produced 29 per cent compound
growth in profits over the past decade.

"It has not always been a smooth path to get where we want to go,
but it's fair to say that Dorel has steadily grown both in revenues
and earnings over the years."

---

September 20, 2005
Schwinn Launches ABA-Dew Coupons on Bikes

Gene`s BMX News —
As seen at Wal-Mart mass market retail on the
Schwinn bicycles being sold, is a ABA-Dew coupon.

A Free Race Coupon - Bring this coupon to your local track and
get a FREE RACE ENTRY and a free 30-day trial membership.
(photo) - http://www.genesbmx.com/schwinn/schwinn-aba-add.jpg
Schwinn and ABA BMX - American Bicycle Association.

And on the other side of the coupon is a Dew Action Sports Tour add

Schwinn is a proud sponsor of the Dew Action Sports Tour.
(photo) - http://www.genesbmx.com/schwinn/schwinn-dew-add.jpg

Wow it looks as if Schwinn is getting back in to the BMX.
I hope ABA BMX Track Operators see some new riders
from the coupons on the Schwinn bicycles being sold.......

---

September 12, 2005
Schwinn At Dew Action Sports Tour Toyota Challenge

San Jose, California —
The Dew Action Sports Tour - Toyota Challenge was
September 8th - 11th 2005 in San Jose, California and
the UCI BMX Supercross World Cup was Featured
in Inaugural Dew Action Sports.

Schwinn is a proud sponsor of the Dew Action Sports Tour

Schwinn`s BMX Rider Tom Stober of Woodward, PA
http://www.schwinnbike.com/images/riders/TomStober_head2.jpg
View Bio - http://www.schwinnbike.com/team/team_detail.php?id=4
Tom Stober hits the 10th spot in the BMX Vert FINALS.

Schwinn`s TJ Lavin was rippin it up at the BMX Dirt Finals
PHOTO - Schwinn`s TJ Lavin BMX DIRT - Dew Action Sports Tour 09/09/2005
VIDEO 01.wvx - Schwinn`s TJ Lavin BMX DIRT Prelims - Dew Action Sports Tour 09/09/2005
VIDEO 02.wvx - Schwinn`s TJ Lavin BMX DIRT Prelims - Dew Action Sports Tour 09/09/2005

Way Cool - Schwinn`s TJ Lavin TV Commercial on NBC.
Schwinn had a 30 sec spot TV Commercial that aired on
NBC on the TOYOTA CHALLENGE Dew Action Sports Tour
from San Jose, California event September 8th - 11th 2005

The TV commercial was showing some old school Sting Ray
racing and TJ jumping and TJ saying he started racing BMX
and then started jumping. "I'm TJ and I ride for Schwinn Bikes".

It was a Schwinn BMX ad and it was way cool... Just to bad Schwinn
did not list a coppy of it on there web site. Alot of people asking about it.

Schwinn`s Nate Berkheimer was at UCI BMX
Supercross event at the Dew Action Sports Tour

PHOTO 02 - Schwinn`s Nate Berkheimer at UCI BMX Supercross - Dew Action Sports Tour 09/09/2005
PHOTO 01 - Schwinn`s Nate Berkheimer at UCI BMX Supercross - Dew Action Sports Tour 09/09/2005

A Big Thumbs UP! to NBC and everyone that played in roll of the
Dew Action Sports Tour and the UCI BMX Supercross World Cup.
Well Job Done! - CC - http://www.dewactionsportstour.com

---

September 01, 2005
Pacific Cycle to Roll Out French Kitty Cruisers

MADISON, WI —
Pacific Cycle, owner of the Kustom Kruiser brand,
signed a licensing agreement with Mighty Fine to
produce French Kitty/Kustom Kruiser co-branded bicycles.

“We have begun developing some outstanding cruiser-style bikes for
the popular French Kitty character,” said Bruno Maier, Pacific’s
executive vice president of new business development and marketing.

“The bike’s design mirrors the image of the French Kitty brand:
fun and very stylish. It’s a great fit for our similarly positioned
Kustom Kruiser brand.”

The licensing agreement will run through May 2007 and will include
an adult beach cruiser model. The line will be distributed and sold
through independent bicycle shops in the United States, Australia,
Japan and the United Kingdom.

Pacific also owns Schwinn, GT and Mongoose.

---

August 18-21, 2005
Schwinn at Dew Action Sports Tour - Portland, Oregon

Portland, Oregon --
Team Schwinn riders TJ Lavin and Tom Stober turned up for the first
day of practice at the Dew Action Sports Tour in Portland, Oregon

Tom Stober was stoked on the ramp and said it felt
perfect and he is looking forward to the finals tonight.

TJ Lavin took a pretty good crash in early practice but after getting
his elbow cleaned out he was back on the drop in having the time of his
life. TJ loves the jumps and you could tell because he was blasting them
and he had a smile on his face the whole time.

Schwinn's TJ Lavin put in a solid ride on Friday night at the
Dew Action Sports Tour in Portland. TJ ended the night in ninth
wich he was a little disappointed with but feels proud at the
same time just to make the cut.

TJ's highest scored run was 360 whip to a indian air seat grab to
decade that put him near the top of the chart for most of the night.
TJ is sitting in the top five in the series and he is looking forward
to the next stop in San Jose, California.

Check out the COVERAGE! from the VANS INVITATIONAL August 18th-21st 2005
At: - Schwinn BMX at the Dew Action Sports Tour in Portland, Oregon.
http://sports.groups.yahoo.com/group/Schwinn-StingRay/message/468


Schwinn is a proud sponsor of the Dew Action Sports Tour.
http://www.schwinnbike.com/team/dast.php

---

August 09, 2005
Dorel's second quarter earnings climb 21.4 %

MONTREAL, Canada /PRNewswire/ --
Dorel Industries Inc. on Tuesday said second-quarter earnings rose
21.4 percent on strong performances from its three key divisions.

The Montreal-based maker of recreational products, home
furnishings and ready-to-assemble juvenile furniture reported
earnings of $21.7 million, or 66 cents a share, up from $17.9
million, or 54 cents a share, a year earlier.

Revenue rose 6.4 percent to $435 million
during the quarter from $408.9 million.

Analysts had expected earnings of 65 cents per share before exceptions
and revenue of $431.7 million, on average, according to Estimates.

The company's juvenile furniture division sales rose 5.1
percent to $198.2 million from $183.6 million a year before.

Home furnishings division revenue grew 7.9 percent to $131.9 million
from $122.3 million, and revenue from recreational and leisure products
increased 7 percent to $110.2 million from $103 million.

Last month, Dorel had warned that manufacturing issues in
its home furnishing unit and lower sales of its popular
Schwinn Sing-Ray bike would hurt second-half earnings.

It had said second-quarter results would be ahead of 2004's,
but full-year after-tax earnings would be in the same range.
($1=$1.22 Canadian)

A "Quote" from the report:
Retail sales of the Sting-Ray model bicycle continue to be above
average as compared to other bicycle categories and remain a key
part of the Schwinn portfolio. However, second half sales of the
Sting-Ray will be lower than the unprecedented record levels achieved
in the second half of 2004, resulting in lower second half earnings
than in the prior year. -- Dorel Industries (Canada ) the owners of
Pacific Cycle, which markets the Schwinn, Mongoose, GT, InSTEP
and Roadmaster brands..........................................

DOREL INDUSTRIES INC. CANADA TSX: DII.MV, DII.SV - U.S.A. NASDAQ:
DIIB PR SOURCES FULL REPORTS - http://www.dorel.com

WC - http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1196360
PR - http://www.newswire.ca/en/releases/archive/August2005/09/c8357.html

NW(s)-PR`s -
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/08-09-2005
http://biz.yahoo.com/prnews/050809/mo030.html?.v=2

---

August 08, 2005
Schwinn`s TJ Lavin at the 2005 X-Games

Los Angeles, CA --
August 5, Schwinn rider TJ Lavin looked very good in this
afternoon's practice session. TJ was laying down some solid
runs like Superman Seat Grab over the first set to Three Whip
to Decade. TJ is excited and looking forward to tommorow.

August 6, Schwinn athlete TJ Lavin put in a solid run under the
pressure from the world. X-Games dirt was pretty stressfull since
all the heavy hitters had not been able to lay down a solid run
coming into the third and final run.

TJ was able to lay down a run with a huge X-up off the drop
to a huge Superman Seat Grab over the first set and finished
his run with a perfect Decade straight to pedals.

TJ finished the day in 5th, with a 87.33. Congratulations TJ!

CC -
http://www.schwinnbike.com/news/press_detail.php?id=112
http://www.schwinnbike.com/news/press_detail.php?id=113

---

August 01, 2005
Schwinn at UCI BMX World Championships

Gene`s BMX News ( Paris, France ) --
The UCI BMX World Championships
Wednesday, July 27 - Sunday, July 31, 2005
Bercy Omnisports Stadium - Paris, France
Photo - http://www.bmxmania.com/EventPoster400.jpg

Iv been slackin, and sort of got left in the dust here,
But no fear , BMX Mania has us covered with reports.

The UCI BMX World Championships kicked off Wednesday
with a big 'ol practice session, with several thousand riders
motorin' around the track, BMX style, getting the track wired
in anticipation of the Big Race this weekend, beginning Friday
with Challenge (Amateur) and Championship (Professional)
Cruiser racing. Thursday night, the official proceedings begin
with the Opening Ceremonies, which ought to be spectacular,
with the French organizers pulling out all the stops to make
it festive to the max!

Look, whats this? - Schwinn`s Nate Berkheimer
at the UCI BMX World Championships...........
*PHOTO - http://www.bmxmania.com/Nate-IMG_6335-sm.jpg
Give m heck Nate.......Stay low on the track,
Ride that Schwinn Sting hard and fast.........

Check out all the photos and all of the coverage,
on the UCI BMX World Championships Report Page -
http://www.bmxmania.com/uciworlds05.htm

BMX Mania`s Internet Coverage from All Around
the BMX World. --- http://www.bmxmania.com
Here are some cool Quotes found around the
net about Schwinn`s Nate Berkheimer at the
UCI BMX World Championships ..............

"Berkheimer did a backflip".

"Berkheimer from gate 8 comes unclipped
down the first straight and doesn't transfer".

"Berkaimer dirt jumping !!!!".

Found some photos of Schwinn`s Nate Berkheimer
at this event, Thanks to http://www.bmx2day.com

( Check out that flaming yellow/red Helmet - thats Nate )
In fist pic that COOL Schwinn Sting sticks out on the track,
how could anyone miss it............... *PHOTOS --
http://www.bmx2day.com/photos/bercy_30-07-05/02-LE_CHAMPIONNAT/DSC_0659.jpg

http://www.bmx2day.com/photos/bercy_30-07-05/02-LE_CHAMPIONNAT/DSC_0798.jpg

http://www.bmx2day.com/photos/bercy_30-07-05/02-LE_CHAMPIONNAT/DSC_0799.jpg

http://www.bmx2day.com/photos/bercy_30-07-05/02-LE_CHAMPIONNAT/DSC_0800.jpg

http://www.bmx2day.com/photos/bercy_30-07-05/02-LE_CHAMPIONNAT/DSC_0803.jpg

http://www.bmx2day.com/photos/bercy_30-07-05/02-LE_CHAMPIONNAT/DSC_0809.jpg

http://www.bmx2day.com/photos/bercy_30-07-05/02-LE_CHAMPIONNAT/DSC_0814.jpg

Thanks to bmx2day.com for getting us some
photos of Schwinn`s BMXer Nate Berkheimer :)

---

July 28, 2005
Schwinn at ABA All Star Nationals & World Champs

Ontario, CA --
Nate Berkheimer: All Star National: AA Pro - DNQ &
World Champs: AA Pro - DNQ

If Nate had any luck at all this past weekend, it was ALL BAD.

He was riding well in practice and looked like we would be a main event threat.

Unfortunately, Nate had a few really tough laps in the AA
Pro qualifying rounds and ended his day early each time.

CC - http://www.schwinnbike.com/news/press_detail.php?id=110

---

July 13, 2005
Sudden End To Sting-Ray Craze Deflates Dorel's Outlook

Globemedia, Canada --
Demand for chopper-style bicycle plunges

Chopper-style bicycles ruled the pavement last year,
with their fat tires and low-slung rides appealing
to a new generation of Easy Rider wannabes not yet
old enough to qualify for a motorcycle licence.

But in an illustration of how quickly fashions change in the
bike industry, the company that pioneered the chopper craze
saw its share price go straight over the handlebars yesterday
after warning that fading sales of the chrome-laden machines
will hurt its profit.

Montreal-based Dorel Industries Inc. sold more than a
half-million Schwinn Sting-Rays last year through its
Pacific Cycle division, making it the fastest-selling
bike in history, according to the company.

But retailers say demand for muscle bikes has evaporated this summer.

"The fever is over," said Felix Martinez, owner of Bike
Connection in Sherman Oaks, Calif. "They don't sell any
more. I still have one . . . sitting here. I'll probably
be stuck with this bicycle forever."

In a press release, Dorel said sales of Sting-Rays remain
above average compared with other bikes but are down from
2004, "with the majority of the impact expected in the
second half of the year."

A key reason for the drop-off in orders is that retailers stocked
up on the bikes at the height of last year's boom, only to be stuck
with bloated inventories heading into 2005 when the chopper fad
started to run out of gas.

"Retailers wanted to have as much inventory as they could
because it was a hot product," Jeffrey Schwartz, Dorel's
chief financial officer, said in an interview.

"It's cooled down, but it's not gone.
We're selling way too many at retail for it to be gone."

Compounding the challenge for Dorel, the Sting-Ray's phenomenal
success last year spawned lower-priced knock-offs that are cutting
into sales of the original. "It was one of those super-hot products
[like] Cabbage Patch Kids . . . those things don't come along every
year," Mr. Schwartz said.

Dorel warned yesterday that full-year results will be roughly flat with
last year's profit of $3.04 (U.S.) a share. Prior to yesterday's warning,
analysts surveyed by Thomson First Call had expected profit of $3.37 in 2005.
The revised outlook sent Dorel's subordinate-voting shares skidding $5.05
(Canadian) or nearly 12 per cent to close at $38.30 on the Toronto Stock Exchange.

Apart from slowing Sting-Ray sales, the company is grappling
with manufacturing inefficiencies in its ready-to-assemble
furniture business, where earnings fell sharply last year.

A new management team is trying to turn around the division,
"but the reality is that the issues identified need longer
to correct," said Martin Schwartz, Dorel's president and
chief executive officer and Jeffrey Schwartz's brother.

At least two analysts -- Anthony Zicha at Scotia Capital Inc.
and Ron Schwarz at CIBC World Markets Inc. -- cut their
ratings on Dorel stock to "sector perform" from "sector
outperform". Mr. Zicha slashed his 12-month price target
to $31.50 from $40 a share, while Mr. Schwarz lowered his
12-month target to $35 from $44.

At Desjardins Securities, analyst Jessy Hayem put her "buy -- average risk"
rating under review yesterday. "We had cautioned investors to the difficulty
in Dorel's ability to replicate the huge success witnessed with the Sting-Ray,"
she said in a research note to clients. She also warned yesterday that operational
improvements in Dorel's furniture business that were expected in the second half
of 2005 now appear unlikely.

On a more positive note, Dorel said second-quarter profit ---
-- to be announced in early August --will be ahead of last year,
helped by improved results in its juvenile division that makes
strollers, car seats and other items under such brands as Cosco
and Safety 1st.

On a pretax basis, profit for the full year should also be ahead of 2004,
but Dorel's effective tax rate in 2005 will be in the range of 15 to 20
per cent, up from 6.4 per cent last year, the company said.

A bumpy ride

When Dorel president and chief executive officer Martin Schwartz posed for
this picture last fall, the company's Schwinn Sting-Ray - whose aggressive
looks mimic a motorcycle - was king of the bicycle lane.
But retailers say demand for the chopper-like bikes has evaporated.

~~~ Financials ~~~
Last close $38.30
Change from previous down $5.05
52-week intraday high $46.79
52-week intraday low $32.25
P/E ratio, trailing 9.80
Dividend yield -
Market cap $1.3-billion
Price / book ratio 1.64
1-year total return - 6.59%
Revenue, fiscal '04 $1.7-billion (U.S.)
Profit, fiscal '04 $100.1-million

Schwinn`s Sting-Ray Bicycles -
http://www.schwinnstingray.com

---

July 12, 2005
Schwinn Launches NEW Sting-Ray TV Commercial

Gene`s BMX News --
A new and cool TV commercial has hit the internet and TV
wavs with a cool Schwinn Sting-Ray 2005 - 30 second spot
video clip and its now even more electrifying with COOL!!!

The new TV Commercial targets to the new electric version
of the Schwinn Sting-Ray. Check It OUT! - Its Cool!!!!

You can Download the new Sting-Ray TV commercial
at - http://www.schwinnstingray.com/fun-tvspots.html

Schwinn is supporting the Sting-Ray Electric and the other
Sting-Ray models with an extensive print, TV and online
advertising campaign with a new Sting-Ray TV spot.

Its the second TV ad Schwinn has aired supporting
the Schwinn Sting-Ray platform and it is way Cool!

It is the second TV ad the company has produced since
Captain Kangaroo was the company's spokesperson more
than 30 years ago. So its worth your time to check it out.

CC - http://www.schwinnstingray.com
April 2005 PR - WORLD'S FASTEST SELLING BIKE,
THE SCHWINN STING-RAY, NOW EVEN MORE ELECTRIFYING
http://www.schwinnstingray.com/pr_electric_sting-ray_launch.html
The NEW Sting-Ray TV commercials.
http://www.schwinnstingray.com/fun-tvspots.html

---

July 06, 2005
The Schwinn Stunt Show in Killeen, TX

Killeen, Texas --


The Schwinn Stunt Show performed bmx stunts at the Fort Hood Military
Base in Killeen,Texas for the Military and their families on the first weekend
of July 2005. - It is always rewarding to give back to the guys that work so
hard to protect us all & keeps us free.

CC - http://www.schwinnbike.com/news/press_detail.php?id=102

---

July 03, 2005
Schwinn at the NBL Stars N Stripes BMX National

Pittsburgh, PA ( Gene`s BMX News ) --
Schwinn`s Nate Berkheimer took a 5th in Elite Open
Sunday at the NBL Stars N Stripes National July 2
and 3 2005 in Pittsburgh, PA on the South Park BMX
Track. -- Way to go NATE! ..........

The race was a UCI Ranking Points race on Saturday,
and the last two bmx races of the NBL's Elite Series,
leading up to the NBL Grands in Louisville, Kentucky.

Check out the BMX coverage by BMX Mania
of the NBL Stars N Stripes National -
http://www.bmxmania.com/nblsouthpark.htm

BMX Mania - http://www.bmxmania.com
South Park BMX - http://www.spbmx.org

---

June 25, 2005
Schwinn at the NBL BMX Hoosier Nationals

Evansville, IN --
Nate is just back in the US from a strong performance at
the UCI event in Switzerland. He was set and ready to turn
in a podium packed weekend when it all went bad.

In practice on Saturday his chain derailed just before the
first jump as he stacked it up and went down hard. He tried
to race the rest of the weekend, but with a swollen knee, it
was just too difficult to be much of a threat. Hopefully,
with a few days rest, he’ll be ready for the next event.

Look for Nate and his Schwinn Sting bike at the next
NBL Nationals in Pittsburgh, PA on July 2-3.

The Schwinn BMX Team is proud to be sponsored by:
Sram, Kenda, Fly Racing, O’Gio, Bio Racer.

CC - http://www.schwinnbike.com/news/press_detail.php?id=100

---

June 24, 2005
Schwinn Sponsors NBA Star LeBron James’ Bikeathon

Madison, WI --
Schwinn Bicycles is proud to announce its sponsorship of the
LeBron James "King for Kids" Bikeathon on June 25 in Akron, Ohio.
The event benefits the James Family Foundation and proceeds will
also benefit YMCA and Urban League.

Celebrities and donors will ride with LeBron in an eight-mile bike
tour throughout downtown Akron, Ohio beginning at 11am. 200 Children
ages 8-11 will also participate in a one-mile children's ride beginning
at 10am. Each of the 200 8-11 year-olds will ride a new Schwinn Sting-Ray
– one they can take home with them, courtesy of Schwinn Bicycles.

“We’re very excited to work with the LeBron James Foundation on such a fun
and unique project,” said Pacific Cycle Inc.’s Senior Marketing Manager,
Lori Heimerl. Pacific Cycle, a Dorel Industries, Inc. company, owns the
Schwinn Bicycles brand. “It’s a great fit for Schwinn and I can’t wait
to see more than 200 lucky kids riding their new Schwinn Sting-Rays.”

“LeBron has always had a special connection with kids, and he will continue
to support and encourage them to succeed,” said Bikeathon executive director
Chris Dennis. “The Bikeathon primarily benefits youth and families in this
community, and we’re very happy that Schwinn Bicycles has provided more than
200 new bicycles for these kids. It will be a very special day for them.”

Celebrity participants include Dwayne Wade, Carmelo Anthony,
Kevin Garnett and Tracy McGrady. National media plan to cover
the event, including CNN, ESPN, SI, People Magazine and extensive
Ohio-area media coverage.

In February 2005, the 20” Street Series Sting-Ray was named the
2004 Outdoor Toy of the Year by the Toy Industry Association, Inc.
That Sting-Ray model had sold nearly 600,000 units in less than a
year’s time, making it what Schwinn believes to be the fastest
selling bicycle in history.

The popular Schwinn Sting-Ray line has contributed significantly
to Pacific Cycle’s publicly traded parent company,
Dorel Industries Inc. (NASDAQ: DIIB; TSX: DII.MV; DII.SV).

When Schwinn Bicycles launched the new Schwinn Sting-Ray “Street Series”
juvenile chopper bike in April 2004, the company knew it was on to something
special. The first retailer to receive the bicycles sold what was thought to
be a three-month allocation in one weekend. Soon, every retailer selling the
new Schwinn Sting-Ray was asking for more Sting-Rays to meet unprecedented
consumer demand.

Schwinn has introduced a variety of new models since the
initial spring 2004 launch, including the Sting-Ray Electric,
smaller 16” and 12” models, the Spoiler – a larger, high spec model,
limited edition models, and a scooter line that shares the styling
of the chopper bicycles. Schwinn also re-issued highly collectable
Classic Sting-Ray models, complete with banana seats and ape-hanger
handlebars, including the Pea Picker and Grey Ghost models.

A full array of official Schwinn Sting-Ray parts and accessories
including helmets, handlebar bags, gloves and more are available
in mass retailers now, and additional custom parts such as light
kits, mirrors, lights, tail pipes, and wheel spinners are available
at independent bicycle dealerships.
CC - http://www.schwinnbike.com/news/press_detail.php?id=99
ACC - http://www.schwinnstingray.com

---

June 18, 2005
Schwinn`s Nate Berkheimer at UCI Supercross

Aigle, Switzerland --
Nate was super stoked with the track at the UCI facility and
was ON FIRE once he got on it. With the skill that Nate has,
he was a sure pick to qualify for the main event. He didn’t
disappoint. He rode strong and fast with style and finesse.

Along with a respectable 6th in the main event,
Nate also signed tons of autographs and handed
out lots of hero cards and Schwinn stickers.

Look for Nate and his Schwinn BMX race bike at the next
NBL National in Evansville, IN on June 25-26, 2005.

The Schwinn BMX Team is proud to be sponsored by:
Sram, Kenda, Fly Racing, O’Gio, Bio Racer

Way to go Berkheimer!!!

*PHOTO - Schwinn`s Nate Berkheimer

( Click Photo for a BIG! BIG! full size Photo )
Schwinn`s Nate Berkheimer, is up to his usual bmx tricks! Flippin' out with the
UCI Center in the backgrounds at the 2005 UCI BMX Supercross race in Aigle.

*PHOTO - Schwinn's, Nate Berkheimer, is shown here, makin' his way
up the nifty ladder/steps up to the elevated Starting Hill........
http://www.bmxmania.com/NateClimbSteps-IMG_3581-4x6.jpg

*PHOTO - BBBIIIGGG Gap! Robert de Wilde (Right) and Nate
Berkheimer give The Section a workout during qualifiers.
http://www.bmxmania.com/RobertBigJump-IMG_3553-4x6.jpg

Photos by Jerry Landrum - http://www.bmxmania.com
Check out the UCI BMX Supercross Report Page - by
BMXMania for all the photos and scoops from the event.
http://www.bmxmania.com/ucisx1.htm

ACC - http://www.schwinnbike.com/news/press_detail.php?id=97

---

June 06, 2005
Schwinn Sponsors 2005 Dew Action Sports Tour

Gene`s BMX News --
Schwinn is a proud sponsor of the 2005 Dew Action
Sports Tour. They are sending the top notch BMX team
to compete at every Dew Tour event over the summer.

Check out Schwinn`s Page -
( http://www.schwinnbike.com/team/dast.php )
for results and photos of Schwinn`s super-charged team of
BMX pros or stop by the Schwinn tent at one of the events
to get an autograph or sign up to win a bike!


The Schwinn Team is a proud sponsor of the 2005 Dew Action Sports Tour

CC - http://www.schwinnbike.com/team/dast.php

Dew Action Sports Tour 2005 Web Site -
http://www.dewactionsportstour.com

---

June 03, 2005
Schwinn`s Nate Berkheimer in Twenty BMX Magz

Gene`s BMX News --
Twenty BMX Magazine is a new BMX Magazine that is
out on news stands for about six bucks and in its
July 2005 coppy it has a nice review news clip with
lots of cool photos of Schwinn`s BMXer Nate Berkheimer,

Its well worth your time to check out.

( Photo - July 2005 cover of Twenty BMX Magazine )

http://www.genesbmx.com/schwinn/twenty-bmx-mag.jpg
-- Nate Berkheimer: No Limits

Twenty BMX Magazine - http://www.h3publications.com
All aspects of BMX: race, street, dirt, ramp, and flat.

---

June 02, 2005
Schwinn Launches A New BMX Forums Board

Gene`s BMX News --
Today Schwinn added a BMX Forums board to its web site.
It can be found at:
http://www.schwinnbike.com/heritage/forumdisplay.php?f=7

The new Schwinn BMX Forums Board has been added in to
the line up at: http://www.schwinnbike.com/heritage/forums.php

BMXers and Schwinn BMX fans thanks the Schwinn Administrators
for adding in a Schwinn BMX Forums Board in support of BMX.

As a big support push for a Schwinn BMX Forum was
asked for by Schwinn BMX fans around the world.

Should Schwinn start a BMX Forum? ~ A Coppy Of POLL ~


~~~ Here is a History run down via Schwinn`s BMX Forum ~~~

02-15-2005, 11:24 PM - Genesbmx Posts -
Idea - How about a Schwinn BMX Forum?
http://www.schwinnbike.com/heritage/showthread.php?t=22812

Should Schwinn Forums start a BMX Forum? May 03, 2005 (schwinn news page, here!)

05-01-2005, 10:00 AM Schwinn Administrator Posts -
Schwinn BMX Forum Poll -
http://www.schwinnbike.com/heritage/showthread.php?t=24474
Some of you have suggested that Schwinn have a
BMX related forum. What do the rest of you think?

06-02-2005, 03:23 PM Schwinn Forums > BMX Forum
You asked for it... -- Schwinn Administrator Posts -
http://www.schwinnbike.com/heritage/showthread.php?t=25201

06-02-2005 - New Schwinn BMX Forum is now live. Check it out -
http://www.schwinnbike.com/heritage/forumdisplay.php?f=7

06-02-2005 11:22 PM Gene`s BMX Posts -
Thank You Schwinn for the BMX Forum
http://www.schwinnbike.com/heritage/showthread.php?t=25203
( Making this the first thread & post on the Schwinn BMX Forum )

---

May 31, 2005
Schwinn at the ABA BMX Spring Nationals

Roseville, CA -- ( *PHOTO )
Nate rode strong and hard this last weekend at the
ABA BMX Spring Nationals in Roseville, CA.

Only ONE POINT kept him from the main events on Saturday.
Sunday he was in the mix as he finished in the number 6 spot for the day.

Look for Nate at the next ABA Nationals in Albuquerque,
New Mexico on June 11-12.

Nate Berkheimer: Sat. AA Pro: DNQ Sun. AA Pro: 6th

The Schwinn BMX Team is proud to be sponsored by:
Sram, Kenda, Fly Racing, O’Gio, Bio Racer.

CC - http://www.schwinnbike.com/news/press_detail.php?id=92

ADDED PHOTOS by Gobmx.com from the Spring Nationals in Roseville, CA.

http://www.gobmx.com/roseville/images/rosville_sun%20102.jpg

http://www.gobmx.com/roseville/images/rosville_sun%20103.jpg

---

May 31, 2005
Schwinn at Mobile Skatepark Series

Cincinnati,OH --
The weekend went really well. Tom Stober (Team Schwinn)
and Simon Tabron (Team Mongoose) had a good day of practice
on Saturday for the Mobile Skatepark Series in Cincinnati, OH.

During and after practice, they hung out in the booth all
weekend signing autographs and hanging out with the fans.

On Sunday, May 28th the vert finals were held.
The finals started out with a scare when Tom missed
his bars on a bar spin and hung front wheel coming in
on his head. It took a few minutes to shake it off.

We straightend out the bike and he went up for his second run.
Tom's second run was going very well until he went down again,
this time he would call it quits. The medics took good care of
him and I was glad Jamie Forrest (Schwinn's Photographer) was
there to look after him, since I was stuck in the booth.

With a little ice on the knee, he will be ready
for the NBC Dew Action Sports Tour next week.

It was another great day for Schwinn as Tom Stober
placed 9th, despite his injuries.

The folks from LG took the guys out for dinner to celebrate.
I had a lot of positive feedback from the Photographers and
the people from LG letting me know how profesional our guys
are and how nice it was to work with them.

So all in all another great week.

CC - http://www.schwinnbike.com/news/press_detail.php?id=93

---

May 31, 2005
Schwinn Stunt Show in Venice Beach

Venice Beach, CA --
The Schwinn Stunt Team traveled up the coast to Venice Beach
to head the Sorrento Cheese Festival on Sunday May 22nd.

Thousands of fans gathered throughout the beautiful,
sunny Sunday afternoon to watch the Schwinn Stunt Team perform.



*PHOTO - http://www.schwinnbike.com/images/news/z174_7461.JPG

CC - http://www.schwinnbike.com/news/press_detail.php?id=90

---

May 31, 2005
Schwinn Stunt Show visits Montreal for Dorel

Montreal, QC Canada --
The Schwinn Stunt Team made the long trip up to
Montreal, QC to take part in Dorel's AGM 2005.

Mat Sager, Billy Gawrych, Ommar Estrada, and Cesar
Flores were on hand throwing down everything from
Flatland to Lip-Tricks to High Airs.

Cesars even threw out one of his signature moves,
the one-hander lander to handlebar-to-the neck jump.

Everyone was amazingly responsive to the
show and the riders had such a rad time.

Look for the Schwinn Stunt Show coming to a city near you.



*PHOTO - http://www.schwinnbike.com/images/news/zDSC02890.JPG

CC - http://www.schwinnbike.com/news/press_detail.php?id=89

---

May 31, 2005
Schwinn Stunt Team in Bike Safety/DARE

Simi Valley, CA --
The Schwinn Stunt Team joined forces with the Simi Valley,
CA Police and DARE officals on May 14 for a city-wide festival.

The Police and DARE officers held a bicycle safety course
for kids of all ages located along side the Stunt Show.
It was an all day event and the crowd grew from just
a few to several hundred by the end of the day.

The officers were a huge part in this events success.

Look for more events teaming up DARE, Bicycle Safety,
and the Schwinn Stunt Show in the near future.



*PHOTO - http://www.schwinnbike.com/images/news/z169_6984.JPG

CC - http://www.schwinnbike.com/news/press_detail.php?id=88

---

May 22, 2005
Schwinn at LG World Tour Championships

Moscow, Russia --
The first stop of the LG World Tour Championships was held in
Moscow, Russia . Team Schwinn's Tom Stober had a great weekend.

He ended up winning the Vert contest on Sunday pulling tricks like his
first no-handed-flair ever and finished with a huge double tail whip.

He was very happy to start his season with a win
and is looking forward to the rest of the season.

Look for more great stuff from Tom throughout the season...

---

May 16, 2005
Schwinn at the ABA Great Salt Lake Nationals

Salt Lake City, UT --
Super Nate was flat out hauling this past weekend in Salt Lake.
He was looking good on Saturday for a main event showing when
a slight mishap during qualifying caused him to miss the main
event by just one position.

Sunday would be a better day as he qualified for
the AA Pro main. He rode strong and consistent,
but unfortunately, it was at the rear of the super fast AA Pro pack.<

Look for Nate at the next NBL National in Prunedale, CA on May 21-22.

SCHWINN PARTICIPANTS:
Nate Berkheimer:
Sat. AA Pro: DNQ
Sun: AA Pro: 6th

The Schwinn BMX Team is proud to be sponsored by:
Sram, Kenda, Fly Racing, O’Gio, Bio Racer.

CC - http://www.schwinnbike.com/news/press_detail.php?id=86

---

May 03, 2005
Should Schwinn Forums start a BMX Forum?

Gene`s BMX News --
A Schwinn BMX Forum? ""way cool!!!!!!!............
Some of us have suggested that Schwinn have a
BMX related forum. What do the rest of you think?

A web Poll asking for your thoughts about this, has been posted at -
http://www.schwinnbike.com/heritage/showthread.php?t=24474

Vote YES! on this Schwinn poll,
If you would like to see BMX happen on Schwinn Forums.

A support push for a Schwinn BMX Forum was posted on
02-16-2005 by Gene`s BMX to help get this in the works,
It Quotes as:

Idea - How about a Schwinn BMX Forum?

An Idea for whom ever is running the Schwinn Forums is to add
a thread box to the Forum`s Index for a Schwinn BMX Forum.

It is sort of a mix up to some people here at the
Collector`s Forum or on the Schwinn Forums Index on if
they should post anything that has to do with Schwinn BMX
becouse there is no topic listings for just Schwinn BMX its self.

There are a few BMX posted threads with in the collector`s
forum -- BMX is not all about being a collector of a bicycle.
It sort of makes you feel like your posting off topic, and
all and all - well - by posting a topic of bmx in the collectors
forum it is off topic some whats.....

The sport of BMX is listed in the 2008 Olympics, Is any of
Schwinn`s BMX riders shooting for the gold? This would
make of a good bmx topic thread. But where do we post it?

It would be nice to have a place via Schwinn Forums to just talk
about Schwinn BMX - may it be bmx history or todays events.

Schwinn has a well known history in the BMXing world from
the start of BMX in the 1970s, 80s, 90s, & todays events.....

It would be nice to show some support to the Schwinn
BMX riders today like TJ Lavin, Nate Berkheimer, Tom Stober,
that people have stuff to say or maybe even ask them a few
questions and talk about events that Schwinn is at from time
to time or just to talk about that new 2005 Schwinn Sting bmx
frame I got this year or that Jay Miron bike from the late 1990`s.

A forum board is a place to do all of this and its fun.
But a Schwinn BMX Forum would make it much more
nicer and more of on a topic if a bmx forum was added........

This is just my thoughts, No pun to anyone,
Just trying to make life alittle bit more fun in all.

So -- surf on over to the Schwinn Forums Board at:
http://www.schwinnbike.com/heritage/showthread.php?t=24474
and cast your vote today and help add BMX on to the
Schwinn Forums Board. --- Thanks,

CC - Schwinn Forums Board
http://www.schwinnbike.com/heritage/forums.php
ACC - Schwinn Forums Board - (Rebirth of Cool)
+ Sticky: Poll: Schwinn BMX Forum

---

April 25, 2005
Schwinn at the NBL Jackpot Nationals

Las Vegas, NV, --
Nate Berkheimer got to show off his skills this weekend on
his hometown track at the NBL Jackpot Nationals. He was going
extremely fast and finished up front in almost every moto.

Nate was getting tons of crowd support and didn’t let them
down as he finished with a strong performance in Elite Open
on Saturday.

Sunday didn’t go as well for Nate as he failed to
make it into the Elite Men’s main event or Elite Open.

Look for Nate at the next ABA National in
San Bernadino, CA on April 30th through May 1st.

Sat: - Elite Men: DNQ Open: 4th
Sun: - Elite Men: 5th semi Open: DNQ

The Schwinn BMX Team is proud to be sponsored by:
Sram, Kenda, Fly Racing, O’Gio, and Bio Racer.

CC - http://www.schwinnbike.com/news/press_detail.php?id=84

---

April 24, 2005
World's Fastest Selling Bike, the Schwinn Sting-Ray

MADISON, Wis. -- ~Now Even More Electrifying~

How do you improve the fastest selling bicycle of all time?
Schwinn's wildly popular 2004 Sting-Ray bicycle is getting
a charge - literally - via an electric motor. In May 2005,
Schwinn will launch the first electric version of the Sting-Ray.

"Sales to-date of our Schwinn Sting-Ray 'Street Series ' have
been phenomenal," said Pacific Cycle Inc.'s Founder and CEO,
Chris Hornung. Pacific Cycle owns the Schwinn Bicycles brand.

"Consumers can't seem to get enough of this bike, and we've
begun producing new models to complement the original, such
as a three-speed version and various shapes, sizes and color
schemes. This newest, electric model is one we're very excited
about. We think it's going to be a huge success, and it opens
the door of opportunity to new power assisted transportation,
which we feel will be very popular in the near future."

The new Sting-Ray Electric will be available at various Schwinn
retailers beginning in late May 2005 at an MSRP of $399. It shares
the original design characteristics of the Street Series Sting-Ray,
but adds an electric motor and a battery pack in the form of a
motorcycle engine casing.

The Sting-Ray Electric will reach speeds up to 14 mph
and a fully charged battery will last up to two hours.

An unusual feature on the Sting-Ray Electric is the ability
to choose the mode of power. The dual-drive system allows the
rider to choose: pedal; electric; or both. Also unique to the
Sting-Ray Electric design is the 24-Volt Ni-Cad rechargeable
battery system with a "smart" on-board computer. The computer
monitors motor heat, current output, battery condition, and
battery discharge rate. It helps the bike act like a hybrid car,
using less energy when the rider doesn't need it, resulting in
superior battery life.

The throttle's LED indicator indicates battery condition,
and feedback from the computer denotes real-time battery power.

Another handy feature on the Schwinn Sting-Ray Electric is the removable,
rechargeable battery system, which can be charged on or off the bike.
This allows use of the bike without the battery. By simply removing
the battery and leaving it charging at home, the bike can be ridden
using good old-fashioned pedal power.

The motor is located in the rear wheel's hub. This system eliminates
potential broken drive chains or belts and has no exposed motor parts.

It's safer and more efficient than traditional power assisted
designs, and allows for the pedal system to operate normally.

"Electric bikes are very hot trend right now," said Hornung.
"The Sting-Ray Electric is taking this trend to a higher level
by marrying superior, power assist technology with the red-hot
chopper design that Schwinn introduced to the market with the
Sting-Ray."

Schwinn is supporting the Sting-Ray Electric and the other Sting-Ray
models with an extensive print, TV and online advertising campaign.
A new Sting-Ray TV spot will air in May, the second TV ad Schwinn
has aired supporting the Sting-Ray platform. It will be only the
second TV ad the company has produced since Captain Kangaroo was
the company's spokesperson more than 30 years ago.

In February 2005, the 20" Street Series Sting-Ray was named the 2004
Outdoor Toy of the Year by the Toy Industry Association, Inc.
That Sting-Ray had sold nearly 600,000 units in less than a year's time,
making it what Schwinn believes to be the fastest selling bicycle in history.

The popular Schwinn Sting-Ray line has contributed significantly to
Pacific Cycle's publicly traded parent company, Dorel Industries Inc.
(NASDAQ: DIIB; TSX: DII.MV; DII.SV), whose 2004 fourth quarter
revenues rose nearly 43% to $462 million.

"Schwinn's reborn Sting-Ray bicycle generated unprecedented sales for
a single Dorel product and helped propel sales," said Martin Schwartz,
Dorel's president and chief executive officer. "This new electric
Sting-Ray is fast, powerful and fun - I think kids will love it."

When Schwinn Bicycles launched the new Schwinn Sting-Ray "Street Series"
juvenile chopper bike in April 2004, the company knew it was on to some
thing special. The first retailer to receive the bicycles sold what was
thought to be a three-month allocation in one weekend. Soon, every retailer
selling the new Schwinn Sting-Ray was asking for more Sting-Rays to meet
unprecedented consumer demand.

The new Schwinn Sting-Ray bicycles are modern chopper versions of the classic
banana seat bike of the '60s and '70s, and have become the must-have bicycle
for kids. The new Sting-Ray line has created an entirely new category for the
bike market, which has been traditionally comprised of BMX, mountain and
traditional sidewalk bikes.

CC - http://www.schwinnstingray.com/pr_electric_sting-ray_launch.html

---

April 05, 2005
Schwinn at the NBL Gator Nationals

Tampa, FL --
Schwinn`s Nate Berkheimer traveled to Florida
last weekend to race in the NBL Gator Nationals.

He was looking really fast and strong on one of the most
technically challenging tracks on the NBL circuit. Unfortunately
for Nate, he took a nasty fall in one of the Open heat races and
hit his head really hard, thus ending his day.

Looking like he may have to sit out the Sunday event,
Nate sucked it up, dealt with the headache and sprained
thumb and actually won his semi final to earn a spot in
the tough Elite Men’s main event.

A good start and a good first straight put him up front in turn one,
but just then, a tangle with another rider dropped him way back.

He rode a good lap after that and ended up with a sixth
place for the day. He did a great job for any rider,
much less, one with a bad thumb and a pounding head.

Look for Nate at the next ABA National in Beaumont, TX on April 16-17. 2005

Sat: -- Elite Men: DNQ Open: DNQ
Sun: -- Elite Men: 6th Open: DNQ

The Schwinn BMX Team is proud to be sponsored by:
Sram, Kenda, Fly Racing, O’Gio, and Bio Racer.

CC - http://www.schwinnbike.com/news/press_detail.php?id=83

---

April 05, 2005
Schwinn Stunt Show at Dallas Supercross

Dallas, TX -- ( *PHOTO* )
The Schwinn Stunt Show was on hand Saturday April 2nd 2005
in Dallas, TX for the AMA Supercross. 43,000 people filled
Texas Stadium and over 15,000 of them joined us in the PIT
area throughout the day to see the SCHWINN riders.

The Schwinn Stunt Team is out promoting the Mountain Dew
Action Sports Tour coming to NBC this year. Be sure to tune in
to NBC and see members of the Schwinn Stunt Team competing
for a top spot at the Dew Action Sports Tour events.

The guys were way stoked about being a part of the
Supercross and look forward to the upcoming events.

Check the Team Schedule for future dates.
http://www.schwinnbike.com/team/stunt_calendar.php
http://www.schwinnbike.com/team/stunt.php

CC- http://www.schwinnbike.com/news/press_detail.php?id=82

---

March 29, 2005
Schwinn at the NBL Easter Nationals

Orlando, FL, --
SCHWINN BMX Race Team member, Nate Berkheimer
was on hand to represent this last weekend at
the NBL Easter Classic Nationals.

He rode strong and smooth and looked to be a shoe in for the finals,
but came up a little short in the semi finals. He made the Open mains
both days and rode well.

Look for Nate to be on fire at next weekend’s
NBL Nationals in Tampa, FL.

Nate Berkheimer:
Sat.: Elite Men: DNQ Open: 6th
Sun: Elite Men: DNQ Open: 7th

The Schwinn team is proud to be sponsored by:
Sun Ringle, SRAM, Ogio, Fly and Bioracer.

CC - http://www.schwinnbike.com/news/press_detail.php?id=81

---

March 25, 2005
Schwinn BMX Stunt Air Show Launches 2005 Calendar

Gene`s BMX News --
On March 22, 2005 Dates added to the
Schwinn BMX Stunt Show schedule!

The Schwinn Stunt Show is coming to a city near you!
You will not want to miss the opportunity to see the
Schwinn BMX Stunt Team in action.

The Schwinn BMX Bicycle Stunt Air Show is now available
to visit events/accounts nationwide. The team performs tricks
similar to what is seen on ESPN's X Games and OLN's
Gravity Games, on a Quarter Pipe and Box Jump.

Our shows are fast paced and exciting, with riders
performing aerials 20-30 feet above the ramps and
technical flatland stunts being achieved on the ground.

The team travels with its own equipment and sound system.
A 10' X 10' Air Show tent accompanies the stunt shows and
serves as a home base for autographs, premium distribution,
and sampling. The 2005 tour will be handing out various
premium items: t-shirts, team posters, and stickers as well
as sponsorship samples.

Check the Schwinn Stunt Show Event Calendar for a show near you.

***** 2005 Schwinn Stunt Show Calendar *****

~~~Events for January 2005

Anaheim, CA - AMA Supercross
01/08/2005
Angels Stadium - Anaheim, CA
Come see the Schwinn Stunt Team in the pit area at Angels
Stadium performing BMX Freestyle Demos at 1PM, 3PM, and 5PM.

Anaheim, CA - AMA Supercross
01/22/2005
Angels Stadium - Anaheim, CA
Come see the Schwinn Stunt Team in the pit area at Angels
Stadium performing BMX Freestyle Demos at 1PM, 3PM, and 5PM.

San Francisco, CA - AMA Supercross
01/29/2005
San Francisco, CA
Come see the Schwinn Stunt Team in the pit area at SBC
Park performing BMX Freestyle Demos at 1PM, 3PM, and 5PM.

~~~Events for February 2005

Anaheim, CA - AMA Supercross
02/05/2005
Angels Stadium - Anaheim, CA
Come see the Schwinn Stunt Team in the pit area at Angels
Stadium performing BMX Freestyle Demos at 1PM, 3PM, and 5PM.

~~~Events for March 2005

There are currently no Stunt Show
scheduled events. in March 2005

~~~Events for April 2005

Chicago, IL - Consumer Bike Show
04/01/2005 - 04/03/2005
Chicago, IL
Details coming soon...

Irving, TX - AMA Supercross
04/02/2005
Texas Stadium - Irving, TX
Come see the Schwinn Stunt Team in the pit area at Texas Stadium
performing BMX Freestyle Demos at 1PM, 3PM, and 5PM.

Bridgeport, CT - Family Jam
04/30/2005 - 05/01/2005
Bridgeport, CT
The Schwinn Stunt Team will be joining the Family Jam in
Bridgeport, CT April 30th - May 1st. Details coming soon.

~~~Events for May 2005

Bridgeport, CT - Family Jam
04/30/2005 - 05/01/2005
Bridgeport, CT
The Schwinn Stunt Team will be joining the Family Jam in
Bridgeport, CT April 30th - May 1st. Details coming soon.

Las Vegas, NV - AMA Supercross
05/07/2005
Sam Boyd Stadium - Las Vegas
Come see the Schwinn Stunt Team in the pit area at Sam Boyd
Stadium performing BMX Freestyle Demos at 1PM, 3PM, and 5PM.

Simi Valley, CA - Bicycle Safety DARE School Program
05/14/2005
Simi Valley, CA
Details coming soon...

Toronto, Canada - Dorel AGM
05/18/2005
Toronto, Ontario Canada
Details coming soon...

Venice Beach, CA - Sorrento Cheese Event
05/22/2005
Venice Beach, CA
The Schwinn Stunt Team will be performing in Venice
Beach, CA on May 22nd. Details coming soon.

~~~Events for June 2005

Louisville, KY - DAST
06/09/2005 - 06/12/2005
Louisville, KY
The Mountain Dew Action Sports Tour coming to NBC

Polo, IL - Polo Fest
06/18/2005 - 06/19/2005
Polo, IL
The Schwinn Stunt Show will be joining the
Polo Fest for the 3rd year June 18th - 19th.

~~~Events for July 2005

Denver, CO - DAST
07/07/2005 - 07/10/2005
Denver, CO
The Mountain Dew Action Sports Tour coming to NBC

Jackson, MI - Hot Air Balloon Festival
07/15/2005 - 07/17/2005
Jackson, MI
The Schwinn Stunt Show will be performing at the Hot Air Balloon
Festival in Jackson, MI on July 15th - 17th. Details coming soon.

Lehi, UT - Utah County Fair
07/27/2005 - 07/30/2005
Lehi, UT
The Schwinn Stunt Show will be performing at the Utah
County Fair / Thanksgiving Point in Lehi, UT on July 27th - 30th.

~~~Events for August 2005

Portland, OR - DAST
08/18/2005 - 08/21/2005
Portland, OR
The Mountain Dew Action Sports Tour coming to NBC

~~~Events for September 2005

San Jose, CA - DAST
09/08/2005 - 09/11/2005
San Jose, CA
The Mountain Dew Action Sports Tour coming to NBC

LaCrosse, WI - Blain's
09/24/2005
LaCrosse, WI
The Schwinn Stunt Show will be visiting Blain's in LaCrosse,
WI on September 24th. Details coming soon.

Madison, WI - Fundraiser
09/25/2005
Madison, WI
The Schwinn Stunt Show will be performing
in Madison, WI on September 25th.

~~~Events for October 2005

Orlando, FL - DAST
10/13/2005 - 10/16/2005
Orlando, FL
The Mountain Dew Action Sports Tour coming to NBC

~~~Events for November 2005

There are currently no Stunt Show
scheduled events. in November 2005

~~~Events for December 2005
There are currently no Stunt Show
scheduled events. in December 2005

For more information about Schwinn`s BMX Stunt Air
Show see - http://www.schwinnbike.com/team/stunt.php

CC - http://www.schwinnbike.com

---

March 23, 2005
Schwinn Launches High End Sting-Ray Bikes At Wal-Mart

Gene`s BMX News --
You can now attack the streets on some new high end Schwinn Sting
-Ray bikes that have been launched at Wal-Mart. {The Rebirth of Cool}.

Some Schwinn bicycle collectors flame off at Schwinn`s new marketing
plan, As Wal-Mart mass merchant sale some of the Sting Ray bikes that
was said to be sold exclusively at I.B.D. Independent Bicycle Dealerships.

Some consumers are really disapointed in Schwinn/Pacific move for the
higher end bikes in to the mass market and some say that mass marketing
the higher end Sting Ray bikes is a bad move. Schwinn/Pacific Dorel
has made no official press release as of this posted news cast, but
tensions arise with in the bicycling industry and its consumers.

Disscussion of intermixed feeling about the mass merchandisers
-Vs - I.B.D. can befound on Schwinn`s web site Forums bords.
http://www.schwinnbike.com/heritage/forums.php
( Rebirth of Cool )
http://www.schwinnbike.com/heritage/forumdisplay.php?f=6

You can have at look at the new High End Schwinn
Sting-Ray Bikes at Wal-Mart via the below listings.

20" Schwinn Sting-Ray Electric Bike -- $399.00 ( high end )
http://www.walmart.com/catalog/product.gsp?product_id=3599968

20" Schwinn Sting-Ray 3 Speed -- $249.63 ( high end )
http://www.walmart.com/catalog/product.gsp?product_id=3599967

20" Schwinn Sting-Ray Squadron -- $177.63 ( somewhat high end )
http://www.walmart.com/catalog/product.gsp?product_id=3599966

12" Schwinn Stingray Scooter -- $99.96 ( mass )
http://www.walmart.com/catalog/product.gsp?product_id=3555167

------------ Known Mass Bikes ------------

20" Schwinn Sting-Ray Street Series Bike -- $177.63 ( mass )
http://www.walmart.com/catalog/product.gsp?product_id=2603637

16" Boys' Schwinn StingRay Chopper -- $99.63 ( mass )
http://www.walmart.com/catalog/product.gsp?product_id=3163037

16" Girls' Schwinn StingRay Chopper Bike -- $99.63 ( mass )
http://www.walmart.com/catalog/product.gsp?product_id=3135991

Schwinn sources -
http://www.schwinnbike.com and http://www.schwinnstingray.com

---

March 15, 2005
Schwinn Gives Boy Scouts 1,000 Bikes

MADISON, WI --
Schwinn Bicycles is providing the Boy Scouts of America
with 1,000 bicycles for the 2005 Boy Scouts Jamboree --
an annual gathering of thousands of Scouts. The bicycles
will be used for transportation throughout the 3,000-acre
Jamboree site.

"Schwinn and Scouting share a legacy of American heritage,
and we're excited about the relationship we've forged with
the Boy Scouts of America," said Schwinn's director of
marketing Mo Moorman.

The Boy Scouts of America is hosting the Scout Jamboree
in Caroline County, Virginia, from July 25 through Aug. 3.
Attendees will include 35,000 Scouts, 5,000 leaders and
more than 60,000 visitors.

Beyond branding the 100,000 attendees of the National
Scout Jamboree, Schwinn is planning a substantial advertising
campaign targeting an audience of more than 6.9 million through
the pages of Boys' Life magazine, the official magazine of the
Boy Scouts of America.

"Between their Jamboree participation and their schedule in
Boys' Life, Schwinn will be exposed to an audience of over
7 million involved and extremely enthusiastic individuals.

From the kids, to the teens, to their parents to the Scouting community,
Schwinn has launched a marketing campaign exposing their product
and message to influencers and decision maker, alike,"
said Craig Vander Ploeg, Boys' Life magazine's advertising director.

For more information on this event visit the
2005 National Scout Jamboree website,
http://www.scouting.org/jamboree

---

March 09, 2005
Dorel posts record 2004 results: Earnings top US$100 million

MONTREAL, CANADA --
Global consumer products company, Dorel Industries Inc.
(TSX: DII.SV - News, DII.MV - News; NASDAQ: DIIB - News)
today announced fourth quarter and year-end results
for its fiscal year ended December 30, 2004.

Revenues for the fourth quarter rose to US$462 million,
up 42.7% from US$323.7 million a year ago.

Net income for the fourth quarter jumped 69.6%
to US$34.7 million from US$20.5 million.

Income per share for the final quarter was US$1.05 fully diluted,
compared to US$0.63 per share in the fourth the previous year.

Success was driven by the Schwinn Sting-Ray bicycle, which
proved to be one of the most successful bicycle launches ever.
Over 500,000 bicycles were sold to several large retailers.
The exposure generated by the Sting-Ray also re-invigorated
the already exceptional Schwinn brand name.

For Summary of Financial Highlights Report See -
http://www.newswire.ca/en/releases/archive/March2005/09/c2739.html
Or
http://www.dorel.com

---

February 25, 2005
Schwinn Sting-Ray Mania Continues - Three New Models

MADISON, Wis. --
Schwinn is proud to announce new models; the Sting-Ray Three,
a three-speed version of the 20" Street Series chopper; a classic
Grey Ghost Five-Speed; and a purple classic series Sting-Ray.

The Sting-Ray Three brings multiple speeds to the wildly popular
20" Street Series chopper style. The Three has an Exclusive
Sturmey-Archer Three-Speed Hub with a Stik-Shift frame
mounted shifter and the Schwinn Sting-Ray Street Series
Diamond Frame with an oversize gusset and internal cable
routing for clean lines. MSRP is $399.99.

The Grey Ghost Five-Speed has a Sturmey Archer Twist Shifter
linked to an internal five-speed hub, front and rear drum
brakes, and even top tube-mounted cable guides for after
market customization. MSRP is $549.99.

The Purple Classic Sting-Ray is a single-speed model and the first
new model of the Sting-Ray Classic Series following the Coppertone
and Pea Picker, each re-issued in 2004. MSRP is $269.99.

When Schwinn Bicycles launched the new Schwinn Sting-Ray "Street Series"
juvenile chopper bike in April 2004, the company knew it was on to some
thing special. The first retailer to receive the bicycles sold what was
thought to be a three-month allocation in one weekend. Soon, every retailer
selling the new Schwinn Sting-Ray was asking for more Sting-Rays to meet
unprecedented consumer demand.

The 20" Street Series Schwinn Sting-Ray went on to become what Schwinn
believes to be the fastest selling bicycle of all time, and has been nominated
for the 2004 Toy of the Year award at the Annual International Toy Fair Awards,
hosted by the Toy Industry Association.

"Market research indicates that our chopper bicycle style is not
simply a trend and that the Schwinn Sting-Ray has created great
demand for this new category of bicycle," said Schwinn's director
of marketing and public relations, Mo Moorman. "The research
also shows that kids don't want just any brand of chopper bicycle
- they're specifically looking for the Schwinn Sting-Ray name."

Schwinn has introduced a variety of new models since the initial
spring 2004 launch, including the smaller 16" and 12" Street
Series models, the Spoiler - a larger, high spec model, Limited
Edition models, and a scooter line that shares the stylings of the
chopper bicycles. Schwinn also re-issued highly collectable Classic
Sting-Ray models, complete with banana seats and ape-hanger handlebars,
including the Pea Picker, Grey Ghost and Coppertone cruisers.

A full array of official Schwinn Sting-Ray parts and accessories
including helmets, handlebar bags, gloves and more are available
in mass retailers now, and additional custom parts such as light kits,
mirrors, lights, tail pipes, and wheel spinners are available at
independent bicycle dealerships.

Check with your local Schwinn retailer for availability or log
on to http://www.SchwinnStingRay.com for more information.

The original Schwinn Sting-Ray, widely considered the most popular
bicycle of all time, was first introduced in 1963 during the muscle
car craze and remained on the market until 1982. Any kid not lucky
enough to have a Sting-Ray certainly dreamed of owning one.

The new Sting-Ray's design pays homage to the original Sting-Ray,
but this very modern interpretation reflects the public's interest
in customized motorcycles. With its raked-out fork, knees-to-the
-breeze seat position and enough bad-boy character to raise
eyebrows, this is no ordinary bike.

CC - http://www.schwinnstingray.com/pr_multispeed_release.html
ACC - http://www.schwinnbike.com/news/press_detail.php?id=78

You can check out the new Classic Schwinn Sting-Ray bikes like the
Coppertone, Grey Ghost, Grey Ghost 5-Speed, Grape, Pea Picker.

You can also check out the new Schwinn Sting-Ray Accessories
GEAR - Customize your ride -- and yourself -- with official
Sting-Ray gear, available at select Schwinn Sting-Ray retailers.
WEAR - Show your Sting-Ray pride with official Sting-Ray
clothing, available at select mass market retailers..................

---

February 24, 2005
Dorel's Schwinn Brand Revs Up With New Motor Scooter Line

MONTREAL, CANADA /CNW Telbec/ --
- New Series of Sting-Rays Launched to Ride Bike's Wave of
Popularity - Sting-Ray Bike Voted Outdoor Toy of the Year

Dorel Industries Inc. (TSX: DII.SV, DII.MV; NASDAQ: DIIB)
today announced new initiatives by its Pacific Cycle division
aimed at leveraging the strength of its Schwinn brand. Schwinn
haslaunched a new category of four-stroke gas-powered motor
scooters. It has also unveiled add-ons to the highly popular
Sting-Ray chopper-style bike, which was voted outdoor Toy of
the Year for 2004 at a New York City gala on Saturday. Schwinn
is one of the best-known and most respected brands in bicycles.

The Birth of Schwinn Motor Scooters.

Schwinn introduced the first models of its new line of motor
scooters at the 2005 Dealernews International Powersports
Dealer Expo in Indianapolis, Indiana. Three 50cc models were
showcased; the Schwinn "Campus," the Schwinn "Collegiate" and
the Schwinn "Graduate." Each model is currently available in
two colors and will feature the Schwinn Quality Seal. Schwinn
plans to launch additional models through 2005 in the 80cc or
125cc engine category.

"Schwinn is a highly trusted name in the wheeled goods category
and is one of the most recognized and respected brands in the US,"
said Dorel President and CEO, Martin Schwartz. "We've had great
success with a variety of Schwinn-branded wheeled goods, and gas
powered scooters are a natural extension of the Schwinn brand.

"The motor scooter market is the fastest growing motorcycle segment.
According to Powersports Business, a popular motorcycle industry
trade magazine, motor scooter sales grew at a rate of 18% in 2003.
2004 total U.S. scooter sales are estimated to be well over 100,000 units.

"The motor scooter market is booming," said Pacific Cycle CEO,
Chris Hornung. "This new, high quality product represents an
opportunity to motorcycle dealers and bicycle shops that can
accommodate gas-powered mobility products. Schwinn Motor
Scooters will bring additional traffic and sales to
independent bicycle dealerships."

Sting-Ray Mania Continues

Pacific has also launched three new Schwinn Sting-Ray models
for 2005; the Sting-Ray Three, a three-speed version of the highly
popular 20" Street Series chopper; a classic Grey Ghost Five-Speed;
and a Classic purple Sting- Ray. A 26" adult model of the Sting-Ray
is now available as well.

The 20" Street Series Schwinn Sting-Ray went on to become what
Schwinn believes to be the fastest selling bicycle of all time,
and has won the 2004 Toy of the Year award for the best outdoor
toy at the fifth-annual International Toy Fair Awards, hosted
this past weekend by the Toy Industry Association.

"Market research indicates that our chopper bicycle style is
not simply a trend and that the Schwinn Sting-Ray has created
great demand for this new category of bicycle. The research also
shows that kids don't want just any brand of chopper bicycle
- they're specifically looking for the Schwinn Sting-Ray name,"
commented Mr. Hornung.

Launched in April 2004, more than 500,000 Sting Ray
units were sold up to December 31, 2004.

Dorel Industries will announce full year-end results on March 9, 2005.

Profile - Dorel is a global consumer products company which designs,
manufactures or sources, markets and distributes a diverse
portfolio of powerful product brands, marketed through its
Juvenile, Home Furnishings, and Recreational/Leisure segments.

US operations include the Dorel Juvenile Group USA, which incorporates
the Cosco and Safety 1st brands; Ameriwood Industries, Cosco Home &
Office; and Pacific Cycle, which includes the Schwinn, Mongoose, GT,
InSTEP and Roadmaster brands. In Canada, Dorel operates Dorel Juvenile
Group Canada, Ridgewood Industries and Dorel Home Products.

The Dorel Juvenile Group Europe carries out activities throughout
Europe, under the Maxi-Cosi, Quinny, Safety 1st, Bébé Confort,
Babidéal, MonBébé and Baby Relax brands.

Dorel Asia sources and imports home furnishings. Dorel employs
approximately 5,000 people in fourteen countries. 2003 sales were
US$1.2 billion. 2004 sales are expected to be between US$1.6 - US$1.8 billion.

---

February 21, 2005
Schwinn Sting-Ray Wins Outdoor Toy of the Year

Madison, WI., --
The popular Schwinn Sting-Ray bicycle was named the 2004
Outdoor Toy of the Year by the Toy Industry Association, Inc.
(TIA). Winners were announced at the fifth-annual Toy of the
Year Awards ceremony on Saturday, February 19. 2005

The Toy of the Year Awards ceremony is held on the eve of the
American International TOY FAIR,™ the largest toy trade show
in the Western Hemisphere with more than 1,500 manufacturers,
distributors, importers and sales agents from 30 countries
showcasing their toy and entertainment products.

“We are thrilled that the Toy Industry Association has recognized
the Schwinn Sting-Ray as Outdoor Toy of the Year,” said Chris
Hornung, founder and CEO of Pacific Cycle Inc., which owns the
Schwinn bicycle brand. “By our calculations the new Schwinn
Sting-Ray is the fastest selling bicycle of all time and it remains in
high demand. Schwinn has an illustrious history of creating innovative
bicycles and our new Sting-Ray is a terrific representation of that
creativity and spirit.”

Nominated products for Toy Of The Year (TOTY) Awards
cover all aspects of the toy industry in 11 categories ranging
from Infant/Preschool to Electronic Entertainment. The TOTY
nominations committee, consisting of toy journalists, toy inventors,
TIA board members and major retailers, oversees the final TOTY ballot.

When Schwinn Bicycles launched the new Schwinn Sting-Ray
“Street Series” juvenile chopper bike in April 2004, the company
knew it was on to something special. The first retailer to receive
the bicycles sold what was thought to be a three-month allocation
in one weekend. Soon, every retailer selling the new Schwinn Sting-Ray
was asking for more Sting-Rays to meet unprecedented consumer demand.

The new Schwinn Sting-Ray bicycles are modern chopper versions
of the classic banana seat bike of the ‘60s and ‘70s, and have become
the must-have bicycle for kids. The new Sting-Ray line has created an
entirely new category for the bike market, which has been traditionally
comprised of BMX, mountain and traditional sidewalk bikes.

Schwinn has introduced a variety of new models since the initial
spring 2004 launch, including the smaller 16” and 12” models, the
Spoiler – a larger, high spec model, limited edition models, and a
scooter line that shares the styling of the chopper bicycles. Schwinn
also re-issued highly collectable Classic Sting-Ray models, complete
with banana seats and ape-hanger handlebars, including the Pea
Picker and Grey Ghost models.

A full array of official Schwinn Sting-Ray parts and accessories
including helmets, handlebar bags, gloves and more are available
in mass retailers now, and additional custom parts such as light kits,
mirrors, lights, tail pipes, and wheel spinners are available at
independent bicycle dealerships.

Check with local Schwinn retailers for availability or log on
to http://www.SchwinnStingRay.com for more information.

The original Schwinn Sting-Ray, widely considered the most popular
bicycle of all time, was first introduced in 1963 during the muscle car
craze and remained on the market until 1982. Any kid not lucky enough
to have a Sting-Ray certainly dreamed of owning one.

The new Sting-Ray’s design pays homage to the original Sting-Ray, but
this very modern interpretation reflects today’s customized motorcycles.
With its raked-out fork, knees-to-the-breeze seat position and plenty
of bad-boy character to raise eyebrows, this is no ordinary bike.

CC - http://www.schwinnbike.com/news/press_detail.php?id=77

---

February 18, 2005
Schwinn Launches Motor Scooter Line

Madison, WI., --
Schwinn Bicycle Company is proud to announce its latest venture,
Schwinn Motor Scooters. Schwinn – the 105-year-old manufacturer
of the best known and most respected brand in bicycles – will
introduce the first models of its new line of four-stroke gas
-powered motor scooters at the 2005 Dealernews International
Powersports Dealer Expo in Indianapolis, Indiana (booth #6834).

Schwinn will launch three 50cc models, the Schwinn “Campus,”
the Schwinn “Collegiate” and the Schwinn “Graduate” at the Expo,
February 19-21. Each model is currently available in two colors
and will feature the Schwinn Quality Seal.

“Schwinn is a highly trusted name in the wheeled goods category
and is one of the most recognized and respected brands in the U.S.,”
said Chris Hornung, CEO and Founder of Pacific Cycle, owner of
the Schwinn Bicycle brand. “We’ve had great success with a variety
of Schwinn-branded wheeled goods and gas powered scooters are
a natural extension of the Schwinn brand.”

Schwinn plans to launch additional models in 2005 in the 80cc
or 125cc engine category. All of the scooters are four-stroke
engines and meet DOT and EPA regulations for motor vehicles.

The motor scooter market is the fastest growing motorcycle segment.
According to Powersports Business, a popular motorcycle industry
trade magazine, motor scooter sales grew at a rate of 18% in 2003.
2004 total U.S. scooter sales are estimated to be well over 100,000 units.

“The motor scooter market is booming,” said Bruno Maier,
Vice President of New Business Development and Licensing for Pacific Cycle.
“This new, high quality product represents an opportunity to the bicycle
shops that can accommodate gas-powered mobility products. Schwinn Motor
Scooters will bring additional traffic and sales to independent bicycle dealerships.”

Schwinn’s sales and distribution strategies will focus on the dealer
market. The products will sell through qualified Motor Sports Dealers,
Scooter Dealers and Independent Bicycle Dealers. To support the sales
team, Schwinn’s marketing efforts will be initially dedicated to building
retailer support. Once a retail base is established those efforts will begin
to shift to a more consumer focused marketing campaign.

Dealers that qualify for the sale of Schwinn
scooters will enjoy the following benefits:

Schwinn Motor Scooters will offer the highest
margins in the motor sports category.

Schwinn Motor Scooters’ Charter Dealerships will be available.
Those dealers who commit to an opening order of 100 units or
more will be given protected sales territories.

Schwinn Motor Scooters will support dealers and
customers with world-class customer service.

Schwinn Motor Scooters dealers benefit by being associated with
the Schwinn brand, one of the most well-known and respected
brands in all of consumer products.
Schwinn Motor Scooters will carry the Schwinn Quality Seal, which
stands for quality, innovation and products of the highest integrity.

As the oldest, largest and most comprehensive trade show in the
powersports industry, the annual International Powersports Dealer
Expo is the industry gateway for vital business resources. Buyers,
retailers, distributors and suppliers all depend on this event to make
buying and selling decisions, find new profit centers, learn the latest
technological advances and learn new ways to grow their business.

Visit http://www.schwinnscooters.com
for more information about Schwinn Motor Scooters.

CC - http://www.schwinnbike.com/news/press_detail.php?id=76

---

February 16, 2005
GT Bicycles Announces 2005 BMX Team

Madison, WI., --
The GT/Hyundai Team proudly announces the athletes of
its 2005 BMX team. Consistently one of the strongest BMX
teams in the world, this year’s crew is no exception.

“Once again we’ve amassed an exceptional BMX team,”
said Travis Chipres, director of sports marketing
for GT. “We’ve got great sponsor, dealer and fan
support and current champions riding for GT this year.

This team is unstoppable.”

BMX Race: Randy Stumpfhauser returns to the team after a phenomenal 2004.
Randy is the current ABA world champ as well as the reigning UCI World
Champ – for the third time in a row. He’ll be the man to beat in ’05.

Christophe Leveque also returns to the GT/Hyundai race team in
2005. Christophe was hurt most of the 2004 season but came back
at the end of the season to place 2nd at the RM59 Tropical Challenge
in Puerto Rico. He’s ready to add more trophies to his mantle this year.

BMX Dirt/Vert/Street:
To say that current Jamie Bestwick (Vert) had a good 2004 would
be an understatement. Jamie won gold at the Gravity Games, he won
the first round of CFB at Woodward West and Jamie’s Good Times
Contest aired on the Fuel Channel. This seasoned pro still has new
tricks up his sleeve. We can’t wait to see.

The world sat up and took notice of Stephen Murray (Dirt/Street)
in ’04, and this year, Stephen is ready to really show them what
he’s made of. In 2004 Stephen placed 3rd in Dirt at the Gravity
Games, 2nd at the Vans Triple Crown in Denver, and 3rd at the
Vans Triple Crown. This is going to be a very good year for the
young Englishman.

The versatile Dave Dillewaard (Dirt/Vert/Street/Stunt Show)
is like a Swiss Army knife: he does it all. This guy rides every
freestyle discipline there is and he does it with style. In 2004
Dave cranked out a 7th place finish in Street at the Gravity Games,
took 11th place in Dirt and placed 7th in overall at the King of
Dirt Pro Series Championship. Go get ‘em, Dilly.

GT also boasts a traveling stunt show team that performs weekly at
nationwide locations. Riders perform on a half-pipe, a quarter-pipe,
a box jump and demonstrate flatland riding during the show to amaze
both new and old BMX fans. From sold-out NBA halftime shows to local
bike shop promotions, the GT stunt show team does it all with style.

The GT/Hyundai program has the most impressive list of Bicycle riders
in the world. A market leader in BMX and Mountain Bikes, GT continues
to lead the way in innovative high performance cycling products as well
as offering high value bikes for people of all ages. The GT race team
has always been at the forefront of racing.

Visit http://www.gtbicycles.com for more information.

The GT team is proudly sponsored by Hyundai and drives the
Hyundai Tiburon and Santa Fe. The Hyundai Tiburon's mission
is to deliver an exhilarating driving experience. With available
performance features like a V6 engine, 17-inch aluminum alloy
wheels, 6-speed manual transmission, aluminum foot pedals and
body-colored high spoiler, it's Tiburon to the extreme.

The GT/Hyundai team is also sponsored by
Kenda, Sun Ringle, SRAM, SDG, Easton, Bioracer, Fly and Ogio.
CC - http://www.gtbikes.com/race/news/detail.php?id=1235

---

February 16, 2005
Schwinn Announces 2005 Team

Madison, WI., --
Schwinn Bicycles is proud to announce its 2005 MTB and BMX teams.
For 110 years, Schwinn, one of America’s most recognizable brands,
has provided top quality bicycles built for speed. The lore and
legend of Schwinn is unmatched. Great bicycles call for great riders,
and the 2004 Schwinn team is a powder keg.

“We’ve assembled a great Schwinn team for 2005,”
said Travis Chipres, Schwinn’s sports marketing director.
“With support from our partners, dealers and fans everywhere,
we’re looking forward to another great year.”

“The famous Sting frame is back and TJ’s bike has been
updated as well,” said Chuck McFarland, Schwinn product
manager, BMX. “We’ve got the product and the people to
make this a great year for Schwinn.”

BMX: Show stopper, role model and Vegas player …
TJ Lavin (dirt) does it all. More comfortable in the
air than most of us are on the ground, TJ will bring
big style and big air on his Schwinn signature model
to comps around the world this year.

Look for tough guy Tom Stober (vert) to drop in with no
fear and push the limits of man and machine. Now in his
sophomore year on the Schwinn team, Tom trains and lives
at the world famous Woodward Camp in Pennsylvania and
teaches young BMX riders in his free time. Tom’s one to
watch in ’05.

One of 2004’s big success stories was Nate Berkheimer (race/dirt).
Nate led the Schwinn BMX race team and placed 4th at the UCI
World’s and is sure to be hot in 2005. Look for Nate, his Schwinn
Sting and the checkered flag to be a recurring theme this year.
Nate also competes in dirt jumping and placed 9th at his first
King of Dirt contest in 2004.

Cesar Flores (dirt/street) makes his pro debut in 2005.
Cesar cut his teeth riding on the Schwinn Stunt Show team,
and if he continues to throw down like we know he can,
it’s going to be an exciting inaugural season for Mr. Flores.

MTB: Schwinn’s history of mountain bike world champions lives on
with Judd DeVall (DH/4X), who has brought Schwinn back into the
limelight of mountain bike racing and beyond. Judd is committed
to winning as well as educating riders about competitive cycling,
bike safety and wilderness preservation to keep trials open to riders.

Schwinn also boasts a traveling stunt show team that performs
weekly at nationwide locations. Riders perform on a half-pipe,
a quarter-pipe, a box jump and demonstrate flatland riding during
the show to amaze both new and old BMX fans. From sold-out
NBA halftime shows to local bike shop promotions, the Schwinn
stunt show team does it all with style.

Founded in 1895, Schwinn is an American icon and has built some of
the best-known and best-loved bicycles of all time. A world leader
in technology and fabrication, Schwinn has been an indispensable
player in revolutionizing bicycling around the world. With a
continued dedication to quality, forever synonymous with the
Schwinn name, America’s most famous bicycle brand looks forward
to providing another century of innovation, freedom and performance
to people of all ages.

The Schwinn team sponsors include
Sun Ringle, SRAM, Ogio, Fly and Bioracer.

CC - http://www.schwinnbike.com/news/press_detail.php?id=75

---

February 08, 2005
Schwinn`s AirShow at Anaheim Supercross

Anaheim, CA --
The Schwinn AirShow was on hand Saturday February 5th
in Anaheim for the Supercross. Over 15,000 people filled
the PIT area throughout the day to see the SCHWINN riders.

Cesar Flores, Mark Kehl were some of the riders ripping out 720s, supermans,
360-tailwhips, backflip-tailwhips, and many other aerial stunts.

The team also appeared at the previous Anaheim
SX as well as the San Francisco SX the week prior.

TJ Lavin made the trip out from Las Vegas to help promote the
Dew Action Sports Tour coming to NBC this year. He stood in
the infield of Angel’s Stadium and spoke to the massive amounts
of SX fans and soon joined them to watch the SX action.

The guys were way excited about being a part of the
Supercross and look forward to the upcoming events.

Check the Team Schedule for future dates.

Team Schedule
http://www.schwinnbike.com/team/schedule.php
Stunt Schedule
http://www.schwinnbike.com/team/stunt_calendar.php
Stunt Air Show Web Page
http://www.schwinnbike.com/team/stunt.php

*PHOTO - http://www.schwinnbike.com/images/news/zDSC01709.JPG

CC - http://www.schwinnbike.com/news/press_detail.php?id=74

---

February 07, 2005
FLY Racing to Sponsor GT and Schwinn Bicycles

BMXing News Wires --
Next time your at the races and see Randy Stumphauser FLY by,
you might notice he looks a little different. That's because Randy,
his GT teammate Christophe Leveque and Schwinn's Nate Berkheimer
will all now be wearing FLY Racing's 208 gear and Lite 3 Carbon Helmets.

FLY Racing has signed a 2 year deal with Pacific Cycle to have select
GT and Schwinn BMX, MTB, and Air Show riders in FLY gear.

The GT and Schwinn guys will be a great addition to the already
impressive line up of riders and teams FLY currently works with,
including pro riders Donny Robinson, Mike Day, Paul Lange,
Jason Rogers and Mike Moeller.

All of us here at FLY Racing are stoked to have Randy, the
former NBL #1 Pro and current four time ABA Pro Cruiser #1,
Christophe who has won every title there is to win and is looking
to do it again, and Nate who has to be one of the most skilled all
around riders in the world representing us.

Welcome to the team guys and best of luck this year.

---

February 03, 2005
Nautilus Group Fourth Quarter Net Income Grows by 51%

VANCOUVER, Wash. (BUSINESS WIRE) --
The Nautilus Group, Inc. (NYSE:NLS), a leading marketer,
developer, and manufacturer of branded health and fitness products,
today announced results for the fourth quarter and year-ended
December 31, 2004, including a net income increase of 51 percent
in the fourth quarter.

Fourth-quarter net sales were $169.6 million compared to $152.8
million for the corresponding period last year, up 11 percent. Net
income during the fourth quarter was $14.2 million, or $0.42 per
diluted share, up from $9.4 million, or $0.28 per share, in the fourth
quarter of 2003. Net income in the fourth quarter of 2004 included
a gain of $0.01 per diluted share from reducing a tax reserve after
the completion of normal federal tax audits.

For the year ended December 31, 2004, net sales were $523.8 million,
compared to $498.8 million in 2003, a 5 percent increase. Net income
was $30.0 million, or $0.90 per diluted share, compared to $34.4 million,
or $1.04 in 2003. The Company finished 2004 with cash and cash equivalents
of $104.6 million, up 44 percent in 2004 compared to the prior year.

"With this quarter's excellent performance, we have concluded our
turnaround as planned and returned our Company to growth," said
Gregg Hammann, Chairman and Chief Executive Officer. "We believe
our Company is now properly positioned to expand our product
offering and grow our market share in all sales channels in 2005.

We believe our diversified portfolio of fitness brands offered across
multiple channels provides us a venue to reach more consumers and
serve their needs better than any other fitness company.

"Now, we are preparing our organization to drive growth and invest in
our future. We're entering the first year of a three-year growth plan
with four of the most widely recognized fitness brands that have been
repositioned through consumer and customer insights, plus we have a
growing pipeline of significant fitness innovations. We expect to
accelerate the innovation cycle to launch more new products in
2005 than in any other year in the Company's history."

For the first quarter of 2005, the Company estimates that net sales
would be in the range of $145 to $150 million, and earnings per
share will grow by more than 25 percent to approximately $0.24 to $0.26.

For the full year of 2005, the Company believes net sales will grow
around 15 percent compared to the prior year, and earnings will grow
about 25 to 30 percent. The Company's guidance does not include any
impact from FASB statement 123R, which would require all companies
to expense stock options for all periods beginning after June 15, 2005.

Because of the seasonal nature of fitness equipment sales,
the Company expects more than two-thirds of its earnings to
occur in the second half of the year.

The Company announced today that its Board of Directors
declared a regular quarterly dividend of $0.10 per common
share, payable March 10, 2005, to stockholders of record
as of February 20, 2005.

The Company also announced it is proceeding with plans to change
its name from The Nautilus Group, Inc. to Nautilus, Inc., reflecting
that it is managed today as a single company rather than as a holding company.

The Company will host a conference call at 5:00 p.m. EST
(2:00 p.m. PST) February 2, 2005, to discuss fourth quarter
and year-end 2004 financial results. It will be broadcast live
over the Internet hosted at http://www.nautilus.com/ir/events.asp
under "Investor Relations/Events Calendar" and will be archived
online within one hour after completion of the call.

In addition, listeners may call 800-240-6709 from anywhere in North America,
and 303-262-2175 from outside North America. Participants will include:
Gregg Hammann, Chairman and Chief Executive Officer; Rod Rice,
Chief Financial Officer; and Tim Hawkins, Chief Customer Officer
and Chief Marketing Officer. A telephonic playback will be available
from 7:00 p.m. PST February 2 through 11:59 p.m. PST, February
16, 2005. North American callers can dial 800-405-2236 and other
international callers can dial 303-590-3000 to hear the playback.
The passcode is 11022318#.

About The Nautilus Group, Inc.
Headquartered in Vancouver, Wash., The Nautilus Group, Inc.
(NYSE:NLS) helps people achieve a fit and healthy lifestyle
through proper exercise, rest and nutrition.

With a brand portfolio that includes Nautilus(R), Bowflex(R),
Schwinn(R)Fitness, StairMaster(R) and Trimline(R),

The Nautilus Group, Inc. manufactures and markets a complete line
of innovative health and fitness products through direct, commercial
and retail channels.

More information is at http://www.nautilus.com

---

January 28, 2005
Changes on Schwinn`s OCC Sting-Ray Are Found

Gene`s BMX News --
Looking at Schwinn`s Sting-Ray that is sold in
Wal-mart stores, a few changes have been found
on the bike at the top of year 2005.

The foot pegs on the fork have been found to have changed.
The OLDER style of foot pegs look like ( Photos )
1 - http://community.webshots.com/photo/124369340/195026782pZOYho
2 - http://community.webshots.com/photo/124369340/195026092itfEHv

They look cool and they stay up or down on the fork. The pegs are sqare.
Also the fender is attached to the fork-and pegs making it tuff looking.
( if you have this older style it might be worth holding on to it? )

The NEWER style of foot pegs look like ( Photos )
1 - http://community.webshots.com/photo/124369340/261275103rfuJZP
2 - http://community.webshots.com/photo/124369340/261276141zbMXkd

The pegs are rounded to fit around the fork legs.............
The pegs do NOT stay down, they stay -in- up on to the fork
making it hard if some one was to put there feet on them, not to say,
it makes a loud "snap-pop" sound if a foot is pulled away from them.
making it a bit ruff on the fork when it does this.- " chipping the fork"
Also the fender is attached to the fork ONLY, and seems to be smaller.

This newer style of the Schwinn OCC Sting-Rays with the
rounded pegs and front fender on the fork only, has been
seen and is sold at FredMeyer stores aswell. -
' green' black, and red, and crome.....

It was said last year in 2004 by Schwinn that Wal-mart has
exclusive Sales on the OCC Schwinn Sting-Rays chrome/red/black
version that comes with a front fender and highway pegs.They have
different spec`s than what the other stores sale. I guess that this
newer style of the pegs and front fender puts a stop to that, making
the bike alot more cheepley looking - But don`t for-get this bike is
in the mass market. Wal-mart and other chain stores are not a IBD
bike shop, You get what you pay for, as they say............

---

January 22, 2005
Schwinn Helmet Performs

Madison, Wis., --
We recently received this email from a customer that touched
our hearts and made us proud of our outstanding products.
Thanks for the feedback, Mike – and we’re glad to hear your
wife is okay. We wish her well.

My wife, while wearing a Schwinn helmet, had a bad spill on her
bicycle yesterday. She was traveling downhill on a bike lane and
a tree branch fell from a tree into her path causing her to lose
control of the bicycle. She was transported to a local trauma
center via ambulance with suspected brain damage. A CAT scan
was performed with good results.

I have spent a while looking at her scraped, cracked and broken
helmet and shudder at the thought of what would have happened
to her if she had not been wearing it. I guess I am writing to say
thanks because the engineering of the helmet was effective; it saved
my wife’s life. My wife wants me to buy her another one, and insists
on another Schwinn helmet, exactly like the one she was wearing ...

Thanks again! Mike, Fallbrook, Calif.

CC - http://www.schwinnbike.com/news/press_detail.php?id=73

---

January 08, 2005
Schwinn`s 2005 BMX Sting Pro Frame - Story and Review

Gene`s BMX News --
In 1995 Schwinn Bicycles rolled out the Schwinn ENF BMX Frame
made out of pasta = Aluminum Lasagna. It was said to have been
a first aluminum Schwinn BMX frame.... Ten years latter in year
2005 Schwinn rolls out a BMX Sting Pro Frame. Keeping the
Aluminum Lasagna on the dinner table for the BMX community.

The dinner bells are ringing and talk about a hot looking
bmx frame on the dinner table that Schwinn is serving up.

The Schwinn 2005 Sting Pro Frame, A Race Red Color
6061 Aluminum , with machined head tube, ( 20.5" top tube )
TT and DT gussets, Ram Air seat stay yoke with Epicenter seat stay,
Euro BB with extruded CS yoke, forged alloy dropout, - I say wow!
Also a all new looking Schwinn logo head badge and cool looking
Schwinn STING logo stickers are on the Sting Pro frame...........

You have to have a fork for a good lasagna dinner. Schwinn serves
dinner with The Fork - The Sting Pro has a Schwinn Special O.P.S.
Lite Full Cr-Mo Unicrown with 31.8 round blades, new dropouts for
14 mm axles, 1 piece CNC machined steerer tube.

To keep the frame and fork looking nice on the dinner table
at all times, The Sting Pro has The Headset - Tange DL-81
alloy cup with Cr-mo races.

As bmxers pull up to sit around the dinner table, Schwinn likes
to keep them there by adding a Seat Clamp - XS alloy with steel
threaded inserts to this Sting Pro Frame dinner.

The bill from Schwinn for the BMX Aluminum 2005
Sting Pro Frame Lasagna Dinner - MSRP: $249.99

What's a good dinner with out someone always taking some
Photo shots of how everything looks at the dinner table.

I just happened to take a hand full of photos for everyone
to check out - Schwinn`s 2005 BMX Sting Pro Frame
http://community.webshots.com/album/246459841uQzkkn
( ~~Click URL Link For Photos~~ )

This new Schwinn 2005 BMX Sting Pro Frame is going to be fun
to build up and is going to be a nice ride at the bmx track...

---

January 03, 2005
2005 Sting-Rays Listed On Schwinnbike.com

Gene`s BMX News --
I was surfing the schwinnbike.com site and thought
I would take a look at all of the 2005 Schwinn bikes
and sorta surfed in to a new listing in the bicycles line up.

The Sting-Ray Spoiler Series and the Sting-Ray Three
are now listed on schwinnbike.com too...............

Wow! I thought all of the StingRay bikes and stuff was
posted over on schwinnstingray.com - boy O boy was
I wrong - Here - Have a look at what is now listed -

Go to - http://www.schwinnbike.com/products
Surf down to - 2005 Sting-Rays
http://www.schwinnbike.com/products/bikes_category.php?id=50
It lists -

2005 Sting-Ray Spoiler Series $599.99
http://www.schwinnbike.com/products/bikes_detail.php?id=523

2005 Sting-Ray Three $399.99
http://www.schwinnbike.com/products/bikes_detail.php?id=524

Specifications are listed for both bikes along with
a nice big photo of what the bikes look like........

---

December 23, 2004
Schwinn`s New Sting-Ray Foot Scooter Review-Report

Gene`s BMX News --
Well - deck them halls with a bit of holiday spice - lalala,
But - I bet you would like to ride them halls on this new
Schwinn Sting Ray Scooter? Its cool looking.................

I took a trip to my area Target store this week and bought
one of them Schwinn Sting-Ray Scooters red/black for $99.99

Its not a bad price - that is, if your in to the scooter fad or
just a flat out Schwinn nut like my self that has to have any
thing that has the Schwinn name on it.

This new Schwinn Sting-Ray Scooter does look cool and does
ride smooth for a scooter. It also looks good side by side
with my Schwinn Sting-Ray 20' Street Series bike. ( photo ) -
http://www.genesbmx.com/schwinn/Sting-Ray-Scooter-Bike.jpg

The Schwinn Sting-Ray Foot Scooter has a double barrel"
frame with dual exhaust tips and a curvy steering tube.

With exclusive Sting-Ray 12" x 3" "Big Boa" drag slick rear tire,
and a 14" x 2" front tire, each mounted on alloy rims, Front and rear
custom steel fenders ( Red ) with integrated rear reflector mount and
rolled edges Extra wide deck with traction grip. - the deck is plastic?

Here are some photos --
http://www.genesbmx.com/schwinn/Scooter00.jpg
http://www.genesbmx.com/schwinn/Scooter01.jpg
http://www.genesbmx.com/schwinn/Scooter02.jpg

A Sure-stop hand brake with a alloy color matched brake lever.
You can also push down on the back fender to drag stop on the
back wheel, as this is also used as a brake to stop the scooter.
The back fender does have a skid plate built in the inter part
of the fender, making it a bit strong to do so..................

Somewheres, someone was asking about the brakes on this scooter.
So here are a few photo shots of just the brake area on the scooter.
http://www.genesbmx.com/schwinn/ScooterBrake01.jpg
http://www.genesbmx.com/schwinn/ScooterBrake02.jpg
http://www.genesbmx.com/schwinn/ScooterBrake03.jpg

It also has a durable and cool Sting-Ray "Dualie" kick stand,
and Signature Sting-Ray "lucky dice" valve caps................

I have to give Schwinn a Thumbs Up! on this new Sting-Ray Foot Scooter
- it makes "the rebirth of cool " now even more cool. :)

Want more information on Schwinn`s Sting-Ray Foot Scooter,
See - http://www.schwinnstingray.com/bike-other.html
Or you can visit - http://www.schwinnstingray.com

---

December 17, 2004
Schwinn`s Spoiler Bike Vs. Redline`s RainCity Chopper

Gene`s BMX News --
Two well known names in the bicycling industry -
Schwinn and Redline. They both have high end
chopper bikes. But what one is the best chopper
bike that you would want to ride and show off on?

Both of the bikes are sold at IBD shops at a some what of a high price.
Both of the bikes look way cool, But what one will make it or brake it
in the bicycle industry? Is it just a fad? Only time will tell.........

With everyone cashing in on Schwinn`s New Spoiler Sting-Ray bike,
Less do some shopping here and take a look at Redlines`s New
RainCity Chopper bike and see how the two bikes look side by side.

The Schwinn Spoiler Sting-Ray Bike go`s for $599.99msrp at IBD`s.
It is sorta hard to get your hands on one right now, but they are starting
to show up at bikes shops around the US, as people are getting them.

http://www.schwinnstingray.com/bike-spoiler.html ( photo listed )
Dripping with chrome and bad to the bone, the new Sting-Ray Spoiler is
the baddest ride on the road. Aluminum frame. 4-Legged Freak suspension
fork. Dual disc brakes. Big Boa 4.25" rear tire. Custom embroidered saddle.
Unmatched value. Unparalled specs. Unbelievably cool and available only
through your local Schwinn bike shop. The competition just became irrelevant.

The Redline RainCity Chopper Bike go`s for $999.99msrp at IBD`s
Word is, there is no word on anyone riding around on this new bike?
The Question is, Does anyone have one of the new Redline choppers?
I guess this new bike is still a Redline project bike? Who knows?

http://www.raincitychoppers.net/projectbikes.htm ( photos listed )
Aluminum for the frame, and picked a belt-drive system instead
of a regular chain. Using scraps from out back of the garage,
we shaped some sweet tubbed dropouts, while Fat Frank shaped
the alloy tank. We went back 'n forth on whether to add springer
forks or stick with the rigid's, but finally opted on the chromo
one-piece bar/fork combo as the cleanest choice. This babe Linda,
who hangs out at the shop on Thursdays, did the stitching on the
saddle. the red sword striping added the final touch. Overall,
we're pretty friggin' pleased with the finished project.
So much so, that we will likely allow Redline to license
our name and put these bad ass bicycle choppers in production.

A small brake down -
Both are chopper bikes. - Both are sold at IBD shops.

Schwinn`s bike is of a lower price and looks cool.
Schwinn`s bike is out there being road around at this time

Redline`s bike is of a higher price and looks cool.
Redline`s bike has not been seen riding around at this time.

Sources on the net:
Schwinn --
http://www.schwinnbike.com - http://www.schwinnstingray.com
Redline --
http://www.redlinebicycles.com - http://www.raincitychoppers.net

---

December 05, 2004
Gene`s BMX Account at Schwinn Forums - Privileges Restored?

Gene`s BMX News --
I got a e-mail today from the webmaster of Pacific-Cycle.com
letting me know that my Schwinn Forums account privileges has
been restored. "I say wow!" - but It makes you wonder why?

I have replyed back to this - asking:
WHY? are my privileges restored? I am still wanting to
know, what I did that was so worng in the first place to
have my privileges taken away?

Also a note to them of observing there Rules of Usage of there Forums,
"agree or dis-agree with them," - I can not find any rule that Gene`s BMX
has boaken in the past on the Schwinn Forums - Im still asking that they point
the bad post(s) out and show a coppy of what was done that was so wrong.

On November 24, 2004 Gene`s BMX invites Schwinn/Pacific to join in the
independent Yahoo! Group Schwinn-StingRay, this in response to Gene`s BMX
being Banned and Blasted from the Schwinn Forums about so called slanderous
posts in the independent Yahoo! Group Schwinn-StingRay. A invitation to help
ease the blasting tensions by giving and posting some news and information on
whats going on with Schwinn and the new Schwinn Sting-Ray bicycles.

As of this posted news cast, Schwinn/Pacific has made no response to this. Nor has
anyone from Schwinn/Pacific joined the independent Schwinn-StingRay Yahoo! Group.

Here is a Coppy of the E-Mail from Pacific-Cycle today.

-------- Original Message --------
Subject: Schwinn Forums - Privileges Restored
Date: Sun, 5 Dec 2004 00:55:43 -0600
From: "Webmaster" webmaster@Pacific-Cycle.com
To: geneb2 (AT) genesbmx.com

Dear Genesbmx,
Your Schwinn Forums privileges have been restored.
We ask that you please observe our Rules of Usage.

You may not agree with them but they are there to promote a fair
exchange of ideas while maintaining a favorable image for Schwinn
as a brand and as a business.

Please use your original forum account.
It along with your IP has been unblocked.
Username: Genesbmx
Password: (encrypted; I can reset it for you if you do not recall)
E-mail: geneb2 (AT) genesbmx.com

Please know that it gives us NO pleasure to ban people from the forums.
We would prefer that everyone observe our simple rules so that the forums
can be a pleasurable place for people to enjoy their hobby or do their
business, whatever the case may be.

Sincerely, Schwinn
----------------------------------

In a response from Pacific Cycle to Gene`s BMX Reply asking about all of this,
"Quote" - WHY? are my privileges restored? I am still wanting to know what I
did that was so worng in the first place to have my privileges taken away?

A return e-mail from Pacific Cycle just brushing all of this off like nothing
ever happend. - The e-mail talks for its self. But we all still wonder WHY?

Here is a Coppy of the Reply E-Mail from Pacific-Cycle today.

-------- Original Message --------
Subject: RE: Schwinn Forums - Privileges Restored
Date: Sun, 5 Dec 2004 02:47:41 -0600
From: "Webmaster" webmaster@Pacific-Cycle.com
To: "Geneb" geneb2 (AT) genesbmx.com

Dear Geneb,
You were told repeatedly what we found objectionable.

You’re account has been re-established. Let’s leave it at that.

An e-mail has been sent to you from the forum with your password.

Sincerely, Schwinn

---

December 04, 2004
Where's the noise for hot Dorel toys?

MONTREAL, CANADA --
Dorel Industries Inc. has scored a huge win with the Schwinn Sting-Ray

-- a redesigned version of the wildly popular banana-seat bicycle
of the 1960s and 1970s. With its new look, sporting a motorcycle
-style "chopper" profile and a fat rear tire, the bike is on target
for sales of 500,000 units this year in the United States alone,
way above initial forecasts.

And expectations are high for sales in Canada, where it has just
been introduced in time for the holiday season. Media coverage
has been plentiful, including a write-up in The Wall Street Journal.

Now, if only some of that high-profile attention could rub off
on the stock, say members of Montreal's Schwartz family, who
control the company and are key members of the management team.

"We've gotten a ton of, basically, free publicity all over North America
because of [the Sting-Ray]," says president and chief executive officer
Martin Schwartz. "If we had to buy all the publicity we've gotten,
it would cost us -- I don't know if I could add that high."

Thing is, not everyone makes the connection between Dorel and
Schwinn, one of several brands that came with the $310-million
(U.S.) acquisition in January of Pacific Cycle LLC, the largest
bicycle supplier in the United States. Or, for that matter, between
Dorel and well-known brands in the juvenile furniture, car seat
and stroller segment such as Cosco and Safety 1st. Dorel's third
business segment is ready-to-assemble furniture for home and office,
as well as metal furniture, step stools and ladders.

"We don't get the respect we deserve on the stock market,"
Mr. Schwartz, 56, says. "But we're working on it. We have
a stronger IR [investor relations] system and we're also working
on developing a better PR [public relations] program."

The aim is to more aggressively pitch Dorel as a diversified consumer
products company boasting strong distribution channels and a high-profile
presence among the dominant North American and European retailers.
"We're not just a holding company, with furniture, juvenile products
and recreational products," Mr. Schwartz says.

Growth has taken off since he -- along with his brother Alan and
brother-in-law Jeff Segel -- began building on his dad's company in
1987. The paterfamilias, Leo, started the business in 1962 making
bumper pads for baby cribs in the garage of the family's suburban
Montreal home.

Sales last year hit $1.2-billion and are expected to reach between
$1.6-billion and $1.8-billion this year. Profit in the third quarter
was $28.2-million or 86 cents a share, compared with $18.8-million
or 58 cents a year earlier.

"There is a discount [on Dorel] because there is no pure-play company
to compare it to," said Jessy Hayem, an analyst with Desjardins
Securities in Montreal. What she particularly likes about Dorel is
management's concerted effort to impose a common vision on the disparate
divisions and make them work together by -- for example -- developing new
products across the business lines.

"The company's renewed focus on R&D [research and development] in
terms of innovation and time to market should enable Dorel to further
its market penetration and target new channels of distribution,"
Ms. Hayem wrote in a recent research comment.

For example, Dorel said in September that it plans to introduce a
three-wheel electric "adult scooter" under the "Transport by Schwinn"
label as it extends its reach into the lucrative market for health care
products pitched to aging baby boomers.

The new the "Ability Care" line will be manufactured by
Dorel's Cosco Home & Office unit as well as Pacific Cycle.

---

December 03, 2004
A Rough Ride For Schwinn Bicycle

MADISON, Wis. --
~As word economy shifted, so did firm's fortunes~

In the glass atrium that marks the entrance to the Pacific Cycle
company, the old and the new of the bicycle business are displayed
side by side. Each is called the Schwinn Sting Ray, and each in its
time has been a bestseller.

But the similarities end there. In the space of a generation,
everything about the process of designing, producing and
selling a Schwinn has changed.

The old Sting Ray broke the conventions of bicycle design, boasting
a banana seat, high handlebars and extra-wide tires. In the 1960s and
early '70s it became not only a symbol of middle-class aspirations, but
also a provider of thousands of jobs that paid good wages with health
and retirement benefits.

Today's model, which projects the rough look of a motorcycle,
comes from China, where the average factory worker makes
less than a dollar an hour. It is a symbol of a different sort --
an illustration of how global economic forces and the sometimes
clumsy responses of U.S. companies transformed middle-class
jobs into low-wage work both at home and abroad.

In a nation that measures jobs in the tens of millions, changes to
a few thousand barely register. But when multiplied across a wide
range of industries, the rise and fall of companies such as Schwinn
help explain why the economy has become less forgiving of workers
who lack higher education or specialized skills.

"We're missing a big, important part of our society. Either everyone
has to go to college or everyone has to have very low-paying jobs,"
said Richard Schwinn, part of the fourth and last generation to run
the firm that bears his name. "I'm not sure that's a great balance."

The Schwinn Bicycle Co. went bankrupt in 1993 and sold off the
brand. But at its peak two decades earlier, the Schwinn family
oversaw a labor force of 2,000, the majority of whom never made
it past high school. Several thousand more U.S. workers benefited
from jobs at Schwinn dealerships, or in the steel and rubber factories
that supplied parts.

Richard Schwinn, a large, bearded man with the bearing of a
lumberjack, now oversees an empire of 17 at a small custom
bike factory in rural Waterford, Wis.

About 75 miles away, in Madison, Pacific Cycle manages the
Schwinn brand from a sleek office with just 80 workers. Pacific,
part of a Canadian conglomerate, has a couple of hundred
employees in California warehouses, taking in the bikes imported
from the seven Chinese factories where most Schwinns are produced.

From California, the bikes fan out to mass merchants such as
Wal-Mart. Once there, cashiers making less than $10 an hour
ring up the latest Sting Ray at prices much cheaper than the original.
Pacific sells more than a quarter of all bikes purchased in the United
States, with just about 350 U.S. employees.

This is the outcome the Schwinn family had desperately sought to
avoid. But like many companies struggling to decipher how American
production and service workers fit in a globalized market, Schwinn
erred badly. Industry insiders say the family's dogged but ultimately
flawed determination to stay American-made contributed to its doom.

"They did a lot of things right over nearly 100 years," said
Gary Coffrin, an industry consultant. "But at the end, there
were a lot of things that caught up with them."

~~Building a brand

The Schwinn factory jobs paid what in today's dollars would be
around the national average of $17 an hour, with benefits
-- the kind of job that has been getting increasingly difficult to find.

Many jobs disappear because their products or services become
obsolete -- think buggy whips -- but the world still needs bicycle
makers. Just not many American ones.

In 2002, 41.4 million Americans rode a bike six times or more.
But 99 percent of the bikes sold in the United States today are
imports. "It's still a going industry," said Michael Kershow, former
counsel for the now defunct Bicycle Manufacturers Association of
America. But in terms of U.S. employment, "it's really a shadow
of what it used to be."

Imports held only a sliver of the market when Schwinn dominated
the industry. It was founded in Chicago in the 1890s but rose to
prominence through Depression-era innovation that redefined the
bicycle as both durable and stylish. Its marketing genius was to
cultivate a network of small dealerships run by people who knew
bikes, and who were eager to promote the brand. Schwinn dealerships
became a staple of downtowns, typically employing a manager, a
full-time worker or two and perhaps a few teenagers in the summer.

As employment rose at Schwinn and other factories after World War II,
so did the fortunes of the middle class. From 1947 to 1979, median
family income more than doubled, from $21,201 to $45,989 in inflation
-adjusted terms. The gap between rich and poor narrowed, as the middle
20 percent of families gained ground more rapidly than the top 5 percent.

Frank Greco's family was one that benefited . He started on the
Schwinn assembly line at 25, grateful for the opportunity since
he was just back from the service and lacked a college degree.
"They paid good -- 80 cents an hour," he said.

Greco's fortunes improved with the company's. By 1950,
Schwinns accounted for one of every four bikes sold in
the United States. Buying a Schwinn became a sign of
making it in the middle class, just like the picket fence
and the station wagon.

Greco stayed for 40 years, rising to become a foreman. "I made
a living. I bought my home. I raised my children. I got paid every
week for what I did. I told [then-chief executive] Edward Schwinn
when I retired, 'You don't owe me 2 cents,' " he said.

Schwinn was at its busiest in the early 1970s when a nascent
environmental movement coupled with a sudden exercise craze
spawned a bicycle boom. Dealers began making pilgrimages to
Chicago to appeal for more bikes.

"We could only build so many," said Jack Smith, the executive in
charge of distribution . "I'd tell them, 'I'd be glad to give you more.
But who am I going to take bikes away from to give them to you?' "

~~Imports roll in

As tastes began to change, however, Schwinn didn't. It continued to
churn out the same heavy, tough-to-maneuver bikes that had been the
mainstay of the industry for decades. "Durable? Yes. Lasts forever?
You bet," said Jay Townley, an industry consultant and former Schwinn
executive. "What the customer wanted? No."

Competitors like Mongoose became pioneers in the burgeoning
BMX market, while newcomers such as Specialized and Trek
offered mountain bikes.

There were new entrants from abroad, as well. In the aftermath
of the bike boom, the tariffs on foreign bikes were lowered and
it became easier to import. Entrepreneurs in Korea, Japan, Taiwan
and eventually China, stood ready to feed American demand for
ever-cheaper goods by supplying components and whole bikes
under U.S. brands, or their own.

Schwinn was among those that began to shift to foreign parts
and imported bikes. But in its initial forays into globalization,
it got burned badly. Its foreign suppliers, especially Taiwan
based Giant, soon became its toughest competitors, applying
Schwinn technology and techniques to their own, cheaper lines.
The Schwinn brand lost its cachet, its bikes indistinguishable
from many of the rest.

The total cost of just the parts for a Schwinn Varsity made in the
United States might have been $70, but a Taiwanese producer
could deliver the whole bike for that price, Richard Schwinn said.
"Once that came up, you say, 'Oh, party's over.'

" Compounding the problem was that Schwinn had failed
to invest in its Chicago factory. It had become a relic --
a rickety, fire-prone facility incapable of producing the
quantities of lightweight bikes that consumers demanded.

In 1983, Schwinn shut it down.

That decision foreshadowed a broader decline in U.S. manufacturing,
with the sector supplying 5 million fewer jobs today than at its peak
in 1979. Meanwhile, family income growth slowed, rising only about
15 percent over nearly a quarter-century. Americans without a college
degree -- who make up about three-quarters of the adult population
-- now earn lower wages in real terms than they did a generation ago.

As it became clear the Chicago plant was doomed, the Schwinn
family made one last attempt to preserve its heritage as an American
manufacturer. While competitors focused their strategies overseas,
Schwinn opened a plant in Greenville, Miss., in 1981.

The location was no accident: A century earlier, Southern farmers
migrated en masse to northern cities like Chicago in search of steady
factory work. Now northern factory owners were looking south to
traditionally agricultural, anti-union areas where they could cheaply
hire the descendants of those farmers who had stayed behind.

The plant struggled from the beginning. Costs were high and the
quality uneven: The bikes coming off the assembly line in Greenville
weren't necessarily any better than the ones shipped from Asia.

Wages may have been low in Greenville compared with Chicago,
but they were still several times higher than those paid to
laborers in China or Taiwan. As the plant hemorrhaged money,
Schwinn's leadership pulled the plug in 1991.

The company declared bankruptcy two years later.

Tommy Hart, who ran the area's economic development office,
managed to acquire the last bike that rolled off the assembly line
in Greenville. He had coveted a Schwinn as a kid. But as his own
son prepared to leave for college, the pleading began: The bike
would be perfect for getting around campus. Couldn't he take
it with him, if he promised to take good care of it?

"I let him talk me into it," Hart said, sighing deeply.

It wasn't long before the bike was stolen.

"That was the last U.S.-made Schwinn bicycle," Hart said.
"And the crook doesn't have a clue. To him, it's just another bicycle."

~~The road not taken

As Schwinn declined, another U.S. manufacturer moved into the
breach. Unlike nearly every other major bike company, the three
-decade-old Trek Bicycle Corp. still makes a considerable share
of its bikes in the United States -- any bike that costs more than
$800, about 30 percent of its production. At its Waterloo, Wis.,
headquarters, about half of its 785 employees work in manufacturing,
and the plant is expanding. An additional 440 Trek employees work
elsewhere in the United States.

Still, to make its expansion pay off, Trek will have to sail against
the trade winds; it makes a higher profit on its lower-end,
foreign-made products. "It's definitely getting tougher to compete.

You can get a complete bike offshore for what it costs us to
weld one," said Zapata Espinoza, Trek's brand manager.
"But being made in America is not just about the warm
feeling of giving jobs to people.

We control the process. We invented it. And we're
doing it the best way we can by keeping control of it."

For Schwinn, this is the road not taken, a model for how a company
can simultaneously retain at least some U.S. manufacturing and stay
competitive. Even though Trek's share of the total bike market is small,

It dominates among customers at the high end. Industry insiders say a
slimmer Schwinn with quality domestic manufacturing could have joined
Trek at the top. Instead, Schwinn got caught in the middle: unwilling
to move down to the mass-merchant level where most customers now
shop; unable to compete for serious riders willing to shell out
top dollar.

"Schwinn was in such a dominant position. It's shame on them,"
said Chris Hornung, chief executive of Pacific Cycle.
"They should have had my business and Trek's business."

Instead, Hornung has Schwinn's business. He bought it out of
bankruptcy in 2001, the second time Schwinn had gone belly-up
in less than 10 years.

Hornung's strategy has been simple: Import quality bikes from Asia.
Get them to mass merchants such as Wal-Mart. Keep payrolls to
an absolute minimum.

Since applying that strategy to Schwinn, the brand has lost the
support of most independent dealers, whose ranks are in decline.
But it's been a hit among mass merchants, with the Sting Ray expected
to top many kids' Christmas lists this season. "The bikes that we're
putting the Schwinn brand on and selling to Wal-Mart are absolutely
the best bikes that Wal-Mart has ever sold," Hornung said.

Grudgingly, Richard Schwinn has to agree. Reviving the Sting
Ray, he said, "is probably the coolest thing they've done."

Schwinn is fatalistic about the fall of his family's company.
The cause wasn't his family's mistakes, he insists, so much
as the worldwide pressure on prices to keep sinking lower,
a phenomenon to which he sees no end.

To many economists, this is how things should work, with
efficiencies making products cheaper and creating new
opportunities at the high end -- in building satellites,
if not in bicycles. Schwinn is less sure the trade-off
is always worth it.

What happens to a worker who has mastered the art of welding
a bike frame, but whose command of advanced physics is shaky?
"I know I have the right to life, liberty and the pursuit of
happiness," he said, smiling wryly. "I didn't realize I had
the right to the lowest possible price."

And consumers do pay less for the new Sting Ray under Pacific's
ownership. It may not be the engineering marvel that was the old
Schwinn, but it retails at Wal-Mart for $180, about a third of
the original's price in today's dollars.
"People complain that a Schwinn is not what it was. True,"
said Greg Blake, an engineer at Pacific.

"But," he said, "it doesn't cost what it did, either."

---

December 01, 2004
Dorel's Schwinn Sting-Ray Has Arrived in Canada

MONTREAL, Canada /PRNewswire-FirstCall/ --
Highly Popular Bike on Many Top Ten Holiday Gift Lists.

Dorel Industries Inc. (TSX: DII.MV, DII.SV; NASDAQ: DIIB)
and Canadian Tire (TSX: CTR.NV, CTR) today announced that
the highly popular Schwinn Sting-Ray bicycle is now
available in Canada.

"Due to the overwhelming success and consumer demand, Schwinn
will be distributing the new Sting-Ray to a variety of international
markets, including Canada," said Franck Meunier, Director of
International Sales and Marketing for the Schwinn brand.

The Schwinn brand is part of the Pacific Cycle line-up.
Pacific Cycle was acquired by Dorel earlier this year.

In April 2004, Schwinn Bicycles released the new Schwinn Sting-Ray,
a bike for a new generation of Sting-Ray fans. Part chopper, part cruiser,
the new Schwinn Sting-Ray is widely touted as the "rebirth of cool" and
the 20-inch "Street Series" juvenile version is now available at Canadian
Tire stores across the country.

"One in three bikes sold in Canada is sold at Canadian Tire,"
says Mike Santos, line of business manager, Sports, Canadian Tire.

"The addition of the Schwinn Sting-Ray to our market-leading
bike line-up is part of our commitment to deliver top quality
brands and innovative, fun bike designs to our customers.

"The original Schwinn Sting-Ray, widely considered the most popular
bicycle of all time, was first introduced in 1963 during the muscle car
craze and remained on the market until 1982. Any kid not lucky enough
to have a Sting-Ray certainly dreamed of owning one.
The new Sting-Ray's design pays homage to the original Sting-Ray,
but this very modern interpretation reflects the public's interest
in customized motorcycles. With its raked-out fork, knees-to-the-breeze
seat position and enough bad-boy character to raise eyebrows, this is
no ordinary bike.

"There has been just as much, if not more, excitement about
the new Sting-Ray from parents. It will make a lot of
youngsters happy this holiday season," concluded Mr. Meunier.

About Dorel
Dorel is a global consumer products company which designs,
manufactures or sources, markets and distributes a diverse
portfolio of powerful product brands, marketed through its
Juvenile, Home Furnishings, and Recreational/Leisure segments.

US operations include the Dorel Juvenile Group USA, which
incorporates the Cosco and Safety 1st brands; Ameriwood Industries,
Cosco Home & Office; and Pacific Cycle, which includes the Schwinn,
Mongoose, GT, InSTEP and Roadmaster brands.

In Canada, Dorel operates Dorel Juvenile Group Canada,
Ridgewood Industries and Dorel Home Products. The Dorel
Juvenile Group Europe carries out activities throughout Europe,
under the Maxi-Cosi, Quinny, Safety 1st, Bebe Confort, Babideal,
MonBebe and Baby Relax brands.

Dorel Asia sources and imports home furnishings. Dorel employs
approximately 5,000 people in fourteen countries. 2003 sales were
US$1.2 billion. 2004 sales are expected to be between US$1.6
- US$1.8 billion.

About Canadian Tire Retail
Canadian Tire Corporation, Limited (TSX: CTR.NV, CTR)
operates more than 1,100 stores, gas bars and car washes
in an inter-related network of businesses engaged in retail,
financial services and petroleum. More than 45,000 Canadians
work across the Canadian Tire organization from coast-to- coast.

Canadian Tire Retail and its Associate Dealers together form
one of Canada's best-known and most successful retailers with
455 stores in communities nationwide.

Canadian Tire stores offer a unique mix of products and services
through the leadership of three specialty stores under one roof
- Automotive, Sports and Leisure, and Home Products.

Canadian Tire also offers shopping and home delivery through
http://www.canadiantire.ca and by phone order at 1-866-746-7287

---

November 26, 2004
Schwinn at the ABA Grand Nationals

Tulsa, OK --
Nate heads off to Tulsa for the ABA Grands

Team Schwinn AA Pro, Nate Berkhiemer will compete in what has been
dubbed as "The Greatest Race on Earth", the ABA Grand Nationals.
Held in Tulsa, Oklahoma, the ABA Grands is usually the biggest BMX
national event of the year.

Schwinn will be out in full force with not only Nate racing,
but showing a display of 2005 Schwinn products including the
new Schwinn Sting BMX race frame.
CC - http://www.schwinnbike.com/news/press_detail.php?id=70

---

November 24, 2004
Gene`s BMX Invites Schwinn/Pacific To Join Yahoo!Group Schwinn-StingRay

Gene`s BMX News --
In response to Gene`s BMX being Banned and Blasted from the Schwinn Forums,
and the Schwinn Forums Moderators blasting back by e-mails about so called
slanderous posts in Yahoo! Group Schwinn-StingRay, Common sense is in order.

If Gene`s BMX is not welcome in the Schwinn Forums, So be it! I will do you
one better, Gene`s BMX Invites the Schwinn Forums Moderators and any and
all Schwinn/Pacific Cycles employees the opportunity to join in the independent
Schwinn-StingRay Yahoo! Group to post some news and messages from Schwinn.

A invitation to help ease the blasting tensions by giving and posting
some news and information on whats going on with Schwinn and the new
Schwinn Sting-Ray bicycles. Why not try to make the best of things here?

Gene`s BMX Invites and Welcomes the Schwinn Forums Moderators, and
Schwinn/Pacific Cycles employees to the Schwinn-StingRay Yahoo! Group
To Join, it is easy and FREE! and does not take long to join in as a member.
Just Click on the URL - http://groups.yahoo.com/group/Schwinn-StingRay

A helpfull tip when joining,
A good idea is to take the time and fill out your Yahoo! Profile,
in your Yahoo! Groups Account, So other members and other
web viewers will know who is making the message posts.....

Gene`s BMX looks forward to seeing some new members from Schwinn/Pacific.

---

November 21, 2004
Schwinn Forums Moderators Blasts at Gene`s BMX via E-mail Vs.

Gene`s BMX News --
I got a e-mail today from Schwinn Forums, It does blast at Gene`s BMX some.

This fude does go back in to the summer of July 2004 when I requested on the
Schwinn Forums by asking if Schwinn could add a area in there Forums just for
the new Schwinn Sting-Ray bikes. A good hand full of other people said it was
a good idea, The next thing I know the post I asked this in, was Deleted.

I then ask by making a new post why this was deleted. The Schwinn Forums
Moderators then deleted that post as well, So I thought Schwinn did not care
much for me being there, so I started a Schwinn-StingRay Yahoo! Group a new
Forums place where people can talk about Schwinn and Schwinn Sting-Ray
bicycles and a place to vent on what people think of Schwinn and its doings.

Good, bad, or what ever, this place is to share your thoughts, news, storys, photos, and
ideas about "Schwinn" with out the thoughts of a Schwinn Forums Moderator walking
in and deleting a post that someone took the time and posted up. and it still set this
way today. Bottom line of this new group is Free Speach! with out foul language.

In mid-August 2004 someone posted a good question on the Schwinn Forums asking
about what if someone was to get a flat tire on the back of this new Sting-Ray
bike and what to do. I replyed to this letting them know to call Pacific if it,the
tire was to go flat on them. The next thing I know, It was deleted and gone and
I got a e-mail from the Schwinn Forums Moderators telling me I broak the rules
by posting up this information that was a URL link to Pacific Cycle's web site.

So from that point, I just surfed in to the Schwinn Forums and looked at what
was being said. In the last part of September of 2004 Genesbmx posted a question
asking if there was any other people that was having troubles with there brakes on the
new Sting-Ray bike. The reply I got in my e-mail was from the Schwinn Forums
Moderators with a message saying "your posting priviledges have been revoked"
I replyed to this e-mail asking why? - and I was told I broak the rules in the
Schwinn Forums. I asked what rules did I break and I was never told what rules
where broaken in my posts.

So I vented some in MY Schwinn-StingRay Yahoo! Group about this and surfed
the web some looking to see if any others have been treated this way in the
Schwinn Forums, and found that I was not the only one that was getting ban,
deleted from there. There are lots and lots of websites that have vents of
people on the net that has been deleted and banned from Schwinn Forums for
no reasons. Alot of the stuff that was said about Schwinn, I will not repeat.

As time gos on Schwinn made a area on there Forums just for the Sting-Ray bikes.
called the rebirth of cool, I thought "wow" neat a place just for that bike.
I then made up a new user name on the Schwinn Forums ( schwinnfreek )
still listing all information on who I was in the profile. I posted some replys to
some others that was asking questions, about 7 or 8 times under this new name
and there was no probles. Not to say the Schwinn Forums Moderator quoted a
nice bit of help information in one of my the posts that was asked by me going
by this new name. - Then for no reason the next time I went to surf the Schwinn
Forums, the web page, its now says that my IP has been banned from there.
I e-mailed like it asked me to and never got a reply back. About a week after
that I start getting e-mails from people all over the North West asking why they
can not get in to the Schwinn Forums via the URL links I had posted on my website,
or the Schwinn web site, After getting lots and lots of e-mails from users on my
site I removed the URL`s to the Schwinn Forums its self. As they are more of a
404ed web page now. Schwinn Forums just has not shut Gene`s BMX off of there
web bace Forums by banning just me, they have banned lots and lots of others too.

Yes - I do now blast at Schwinn Forums and the Schwinn name becouse all of my
bicycling life it has been nothing but Schwinn and they now don`t care for me,
a big time paying consumer, on what I have to say and they ban me from there
web site for some made up reasons that they can not show me or you what I have
done that was so bad to them.

Go-figger why should I not blast at them after they ban me from there Forums
with no reasons of proof. I think I have gave Schwinn e-nuff money to earn my
respect from them and then some. My question is - why do they do this to people
that look up to the Schwinn name, It makes people wonder if its a control power
trip thing that someone has at Schwinn/Pacific? or they don`t like others to know
something that they don`t know. Any way around it, Im going to blast back at them
as they have brought this on to them selfs, banning people becouse of a power trip.

This last week Schwinn updated there website with a new layout. I got on a
friends PC and looked at it and also looked at the Schwinn Forums, a post
that was there was saying that others did not like the new lay out of the site.
Bashing the Schwinn website and lots of people where doing so in there.
Did the Schwinn Forums Moderators Ban them for doing so? I think not.
The Schwinn Forums Moderators just has a big control power trip problem.

In My Schwinn-StingRay Yahoo! Group I blasted about Schwinns websites
as-well. and they have the gump to try and tell me that I can not blast at them.
in my owen group? I think NOT! - Its Free Speach, is the Schwinn Forums
Moderators going to try to ban free speach in the USA and on the Internet?
Maybe only in there Forums, but NOT in mine...

Im my words -
The Schwinn Forums Moderators can just stick it where the sun don`t shine!
Anyone with any brains would not wast there time going to a use-less deleting
ban happy, control power trip forum by Schwinn in the first place. Whats the
point in going there, if people can not say it, the way it is? - Spin Spin Spin....

As for what is said via in the below e-mail message from Schwinn Forums,
Gene`s BMX does NOT run the Schwinn websites or its Forums in anyways.
Gene`s BMX assumes no responsibility for why Schwinn/Pacific has banned
peoples IP address from there Forums, as they say I am, "The blame game-
The responsibility for the domain IP banning from Schwinn Forums + site
is Schwinn/Pacific Cycles Inc. Take it up with them, Not me, I have done
no wrong doings from my ends in any ways....If so please show me!

Here is the coppy of the E-Mail from Schwinn Forums that I got today.

-------- Original E-mail Message --------
Subject: Banned Users
Date: Sun, 21 Nov 2004 17:37:25 -0600
From: "Schwinn Forums" SchwinnForums@Pacific-Cycle.com
To: geneb2(AT)genesbmx.com

Gene,

In the 3 years since Schwinn reopened it's Schwinn Forums
a total of eight users have been banned from using them,
including you. That is 8 out of 2,675 users.

The 1st 3 never actually got to use the new Forums, they were banned
as a result of their outrageous actions on the former version of the
Forums, which caused the entire Forums to be shut down.

Two have been banned for repeated attempts to spam the Forums with
advertisements for their businesses, their only reason for using the Forums.

Only three people have been banned for abusive behavior towards Schwinn,
its products, its management, its users, and its moderating team in the
last three years. You being one of those. Those few who do not accept
Schwinn's decision to remove them and repeatly attempt to re-register
are dealt with by banning their IP addresses. You, and ONLY you, chose
to take it even further and continue to re-register using other IP addresses.

This action forced Schwinn to ban the root IP address, which unfortunately
may create difficulties for others in your locale. Be clear, though. It is YOUR
actions to circumvent Schwinn's asking you to leave that forced the IP blockage.

We ask people to adhere to our policies. We have and will maintain the
right, as stated in the Rules of Usage, to delete any posting at our sole
discretion. The huge majority of people using the Schwinn Forums enjoy
their time there.

You may continue to misrepresent Schwinn's actions towards you and fill
your Yahoo! group with angry diatribes against Schwinn at your leisure.
Please consider however, that each additional slanderous post you make
confirms for us the decision we made to remove you from our Forums.

Good day. - Schwinn Forums Moderators
-------------------------

Anyone is Welcome Join in and Voice there thoughts at:
http://groups.yahoo.com/group/Schwinn-StingRay
About this news or any other Schwinn stuff happings.

---

November 04, 2004
Schwinn Sting-Ray bicycle helps Dorel Industries' profit by 50%

MONTREAL, CANADA (CP) --
Dorel Industries Inc.'s best year on record is about to get even
better as its hottest-ever product - a low-slung bicycle called
the Sting Ray - hits the Canadian market.

The producer and wholesaler of furniture and children's products
continued to wheel out impressive numbers in the third quarter,
posting its highest three-month profit - $28.2 million US or 86
cents a share - in the period ended Sept. 30.

That compared with a profit of $18.8 million or 58 cents
a share a year ago, Montreal-based Dorel said Wednesday.

The company has been able to ride the momentum of the Sting Ray,
which is similar to the once-popular banana bikes. Company executives
said they expect to have shipped a total of 500,000 units this year.

The two-wheeler was introduced in the United States in March by
Wisconsin-based Pacific Cycle, which Dorel bought last January for
$310 million US. The 20-inch model retails for $180 US, while the
new 16-inch model goes for about $119.

It has been unavailable in Canada until now because ofanti-dumping
tariffs on bicycles made in China, where it is manufactured.

But come December, it will be on sale in Canada.

"The bicycle is on a number of retailer lists of the top Christmas
items," chief executive Martin Schwartz said in a conference call.

"It is, in fact, the hottest product ever launched by Dorel."

In a later interview, Schwartz called the Sting Ray an updated
version of a similar model from the 1960s and early '70s that
featured banana seats and high handlebars.

"We've called it the rebirth of cool," he said. "It's a completely different
style from what's around. It's also got the look of a chopper. And if you take
a close look at the Sting Ray, the back tire is actually a motorcycle tire.

"So, it's almost like riding a chopper - without the motor."

The sales helped push nine-month net income 21 per cent higher, to
$66 million or $2 a share from $54.3 million or $1.68 a share in 2003.

Full-year profit is expected to reach the previously
announced target of between $3 and $3.15 a share.

Company revenues for the quarter ended Sept. 30 increased 43.5
per cent to $428.2 million from $298.5 million, while nine-month
revenues jumped 46 per cent to $1.2 billion from $840 million.

Higher resin prices used in plastic products prevented margins from being
even better, said Schwartz, whose company makes a variety of other products,
including strollers, cradles, baby carriers and car seats.

Schwartz said Dorel will concentrate on in-house business for
the next few quarters before it begins prowling for more purchases.

"We are certainly going to work on internal growth and shoring up
deficiencies which should bring us more earnings than just sales growth.

"And as the balance sheet strengthens, it gives us more opportunities
to do some acquisitions. I wouldn't expect to see anything imminent,
but by mid-year and late next year perhaps we'll find the right target."

Added info -
Schwinn Sting-Ray is all about the ride.
Join the New Yahoo! Group Schwinn-StingRay
http://groups.yahoo.com/group/Schwinn-StingRay
~~ Schwinn - Built for a totally new generation ~~

---

October 21, 2004
Huffy Gos Chapter 11 & Dorel/ Pacific Steps Up To The Plate

DAYTON, Ohio (AP) --
A Canadian-owned competitor to Huffy Corp. is interested in buying
the maker of one-third of the bicycles sold in the United States
after Huffy filed Wednesday for Chapter 11 bankruptcy protection.

Chris Hornung, chief executive officer of Pacific Cycle,
said parent company Dorel Industries Inc. of Montreal is
considering acquiring Huffy and would maintain the brand.
"It's a well-known name," Hornung said. "I do not believe
for a second that the Huffy name will go away."

In filing for bankruptcy protection, Huffy cited losses
arising from a Canadian sports equipment company.

Huffy lost $7.5 million in 2003 after losing $1.4 million in 2002.
It has yet to file any financial reports for 2004 and has not said why.

Its stock plummeted from $6.80 a share last December to 58 cents
in August, when the New York Stock Exchange suspended trading.

Huffy, which has roots dating to the 1890s and is a nostalgic name
among many bike owners, said it will focus on bicycles and golf products.

"I am confident that Huffy will emerge as a stronger and more
competitive organization, well positioned to succeed," said
John Muskovich, president and chief operating officer.

Huffy recently sold its basketball-backboard unit, its customer
service division and part of Canadian-based Gen-X Sports,
which makes equipment for golf, snowboarding, inline skating,
skiing and hockey. Huffy also sold the Gen-X name.

Huffy had bought Gen-X in 2002 for $19 million in cash and
five million Huffy shares. In March, the Calgary-based Forzani
Group sporting-goods store chain paid an undisclosed amount
for the part of Gen-X that purchases excess manufacturing
inventory and sells it to retailers.

Dorel (TSX:DII.B), meanwhile, announced in January that it
was expanding beyond furniture and child-care equipment into
bicycles with the $310-million-US takeover of Pacific Cycle,
whose brands include Schwinn, Mongoose and GT.

Huffy said Wednesday that its reasons for the Chapter 11
filing included Gen-X transitional expenses, increasing costs
of meeting financial reporting regulations and mounting expenses from
former operations, such as the cleanup of a polluted California site.

The company has said its bicycle division is performing solidly
and has increased its share of the U.S. market in the past two years.

Michael Gamstetter, editor-in-chief of Bicycle Retailer and
Industry News, said Huffy's filing likely will strengthen Pacific.

"They're the dominant player in the mass market," he said. "Pacific
appears to be able to produce and sell as much as consumers want to buy."

Gamstetter added that Huffy's purchase of Gen-X was a mistake.

"It was away from their core business," he said.
"It's possible they misunderstood who their customers were."

Huffy, which imports bicycles, wagons and tricycles from
Asia and sells them through high-volume retailers, said
operations at its U.S. and Canadian subsidiaries will
continue during the court-administered restructuring.

The company, with 140 workers in Dayton, Ohio, Toronto, and Carson,
Calif., said it has obtained $50 million in financing for operating,
supplier and employee expenses.

CC - The Associated Press (AP) Wire.

---

October 14, 2004
BMX Dirt Superstar TJ Lavin to Participate in Hollywood Charity Event

Madison, WI --
Schwinn athlete and Dirt Jump BMX star TJ Lavin will be
among the celebrities attending the “Bogart Backstage”
benefit on Saturday, Oct. 16. The Bogart Pediatric Cancer
Research Progam is dedicated to funding cutting edge,
bench-to-bedside research at Childrens’ Hospital Los Angeles.

“I’m excited to participate in the Bogart Backstage benefit,”
said Lavin. “Cancer research is very important to me and being
a part of this means a lot. It really hits home as my father has
lung cancer. Everyday he stays alive is a day closer to a cure.”

Other celebrities in attendance include cast members from television
shows: The Quintuplets; Reba; Bernie Mac; Malcolm in the Middle;
7th Heaven; Smallville; Club House; Jack and Bobby; What I Like
About You; Nickelodeon; and My Wife and Kids.

TJ and the actors will be signing autographs for kids,
and other activities include rock climbing; laser tag;
video games; velcro walls; beauty makeovers; donut
decorating and music from DJ Adam of Disney Radio.

CC - http://www.schwinnbike.com/news/index.php?id=69

---

October 06, 2004
Schwinn Unveils Coveted Full-Size Sting-Ray

Madison, WI --
Highly Anticipated Model Hits
Independent Bicycle Dealerships for Holidays

In April 2004, Schwinn Bicycles launched the new Sting-Ray
- a 20" juvenile chopper. Kids aged 6-to-12 snatched them up
as if they were being banned tomorrow. Then came the 16"
version. Younger cyclists rejoiced. These new Sting-Rays set the
cycling world on fire, just as their predecessors had done decades ago.

But there was a dark side of Schwinn's Sting-Ray line that was
yearning to break free. A Sting-Ray that would satisfy the needs
of those who said, "The 20" Sting-Ray is a fine cycle indeed, but
I need something … larger." It is with that in mind that Schwinn
proudly offers the Sting-Ray "Spoiler," the latest (and largest)
Sting-Ray model and the sweetest ride on the road.

"The new Schwinn Sting-Ray Spoiler has a large aluminum frame,
suitable for riders 5'5" and taller," explained Mo Moorman,
spokesperson for Schwinn Bicycles. "Since we launched the new
Sting-Ray line I've been asked daily if we would develop a larger
version. The Spoiler should satisfy those requests and then some."

The Spoiler has the characteristic 20" x 4.25" Big Boa rear tire,
a skinny 24" front tire, a Four-Legged Freak linkage suspension fork,
dual Tektro disc brakes and more attitude than a bulldog with a toothache.
The Spoiler will be available exclusively at Independent Bicycle Dealerships,
and will roll into shops in time for the holiday season.

Check with your local Schwinn dealer for availability or log
on to http://www.SchwinnStingRay.com for more information.

The new Sting-Ray models are modern chopper versions of the
classic banana seat bike of the '60s and '70s, and have become
the must-have bicycle for kids. The new Sting-Ray line has created
an entirely new category for the bike market, which has been traditionally
comprised of BMX, mountain and traditional sidewalk bikes.

The new Sting-Ray line now includes several color schemes of the
20" and 16" models, and plans for additional models are underway.
The Schwinn Sting-Ray 20" model is selling better than any juvenile
bicycle in history. A full array of official Schwinn Sting-Ray parts
and accessories including helmets, handlebar bags, gloves and more
are available in mass retailers now, and additional custom parts such
as light kits, mirrors, lights, tail pipes, and wheel spinners will hit
independent bicycle dealerships later this fall.

Schwinn has also reissued three models of the original, classic
Sting-Rays: the Coppertone-colored Sting-Ray, the Pea Picker
and the highly-collectible Grey Ghost. The classics are available
now at select independent bicycle dealerships.

The original Schwinn Sting-Ray, widely considered the most
popular bicycle of all time, was first introduced in 1963 during
the muscle car craze and remained on the market until 1982.
More than a million of the highly collectable Sting-Ray Krates
were sold between 1968 and 1973. Any kid not lucky enough
to have a Sting-Ray certainly dreamed of owning one. The new
Sting-Ray's design pays homage to the original Sting-Ray, but
this very modern interpretation reflects the public's interest
in customized motorcycles. With its raked-out fork, knees-to-the
-breeze seat position and enough bad-boy character to raise
eyebrows, this is no ordinary bike.

Have a look at this bike --
http://schwinnstingray.com/bike-spoiler.html

CC - http://schwinnstingray.com/pr_spoiler_launch%20release.html

Please Join the NEW Schwinn- StingRay Yahoo! Group
http://groups.yahoo.com/group/Schwinn-StingRay

---

October 01, 2004
Pacific Distributor Enlists Vietnam To Get Sting-Ray To Canada

Madison, WI --
Canadian kids longing for the hot-selling Schwinn
Sting-Ray may get what they ask for this Christmas.

Pacific Cycle and Canadian Tire, Pacific`s Schwinn distributor
there, expect to have the bikes in Canada before year`s end.

Ironically, Canada is home to Dorel Industries, Pacifc`s parent
company, but the bikes were unavailable there becouse Canada`s
anti-dumping duties on Chines-built bikes would boost them past
a reasonable price point.

So the Canadian bikes will come from Vietnam.

"A couple of years ago, we signed a licensing agreement with
Canadin Tire, the largest retailer in Canada. We develop the
product line, the look and style of the bike, and they source the
bikes from countries out side China," said Byron Smith, Pacific`s
president and chief operating officer.

"As you know the vast majority of bikes sold at popular prices are
coming in from China. That is true in our case as well, so for a
number of years we didn`t see much of an opportunity to sell into
the Canadian market," Smith said.

Canadian Tire turned to the same country that European
importers use to bypass anti-dumping duties -- Vietnam.

"Canadian Tire does similar programs with other companies.
Where there are similar anti-dumping duties, Canadian Tire
will grab a brand and source goods out of other countries.
So they are actually pretty capable in this area," Smith said.
"They get the product directly in and sell it."

Sourcing from Pacific`s builders in China would have
been simpler, but pricing would have become an issue.

"With the kind of product we sell in the United States,
and the kinds of price points we need to hit, they had
to find a country other than China," he said.

Canadian Tire is Schwinn`s exclusive Canadian
distributor and features it as a premium line.

Smith said the number of Schwinn bikes Canadian Tire
sells is proprietary information. And he didn`t know which
Vietnamese factories Canadian Tire uses. Most factories
building for export there are Taiwanese - owned.

---

September 23, 2004
Nautilus Fitness distribution to deal with G.I. Joe's

Vancouver, Wash (BUSINESS WIRE ) --
The Pacific Northwest sports and outdoor retailer G.I. Joes
will partner with The Nautilus Group, Inc. (NYSE:NLS) to
develop its fitness equipment department at each of G.I.
Joes' 22 retail locations, both companies announced today.

The first-ever product marketing agreement between the two
companies initially includes placing five stock keeping units (SKUs)
of strength and cardiovascular equipment in suites within each G.I.
Joes location beginning October 15, with installation completed by
November 1. The equipment will include stationary bicycles, treadmills,
and home gyms bearing the Schwinn(R)Fitness or Bowflex(R) brands.

"We're excited to have #1 brands in fitness equipment alongside
the many other great brands customers find at G.I. Joes," said
Norman Daniels, president of the privately-held 52-year-old
retailer based in Wilsonville, Ore. "We're also thrilled to see two
strong companies with headquarters in the Northwest working
closely together for the benefit of our customers."

The agreement with G.I. Joes reflects another step in
The Nautilus Group business strategy to diversify its
marketing and distribution beyond its legendary cable
television infomercial marketing and into retail stores,
and to better leverage its portfolio of high-quality fitness
equipment brands.

"G.I. Joes is an excellent regional retailer with a strong following
of customers who enjoy physical activity," said Tim Hawkins,
chief customer officer of The Nautilus Group. "We look forward
to a long and prosperous partnership in meeting the needs of G.I.
Joes and it's customers."

G.I. Joes was formed in 1952 by the company's founder, successfully
selling 2,000 army surplus sleeping bags. The privately held company
has become a favorite Northwest retailer with the goal of providing its
customers the best selection of sports, outdoor and automotive gear
available at the best possible prices. The company has 22 stores with
approximately $200 million in annual sales.

The Nautilus Group
Headquartered in Vancouver, Wash., The Nautilus Group, Inc.
(NYSE:NLS) helps people achieve a fit and healthy lifestyle through
proper exercise, rest and nutrition.With a brand portfolio that includes

Nautilus(R), Bowflex(R), Schwinn(R)Fitness, StairMaster(R) and
Trimline(R), The Nautilus Group manufactures and markets a complete
line of innovative health and fitness products through direct,
commercial and retail channels.

The company was formed in 1986 and had 2003 revenues of about
$500 million. It has nearly 1,100 employees and operations in
Washington, Colorado, Oklahoma, Texas, Illinois, Virginia, Switzerland,
Germany, United Kingdom, Italy and other locations around the world.
More information is at http://www.nautilusgroup.com

---

September 22, 2004
Dorel Industries to produce Schwinn-brand adult electric scooters

TORONTO, CANADA (CP) --
Dorel Industries Inc. plans to introduce a Schwinn-brand
adult electric scooter in an attempt to woo part of the
aging baby -boomer market.

The company said Tuesday it also plans basic walkers,
canes and crutches as well as shower chairs, benches
and tub rails to be developed by its Cosco Home & Office
and Pacific Cycle divisions.

The company said it anticipates sales of $25 million US within three years.

Dorel (TSX:DII.B), a manufacturer and distributor of
consumer products ranging from furniture and baby seats
to bicycles, employs about 5,000 people in 14 countries. ( MORE )

---

September 16, 2004
Team Schwinn`s Second day at Gravity Games

Cleveland, Ohio --
Day 2 of the 2004 Gravity Games here in Cleveland Ohio.

Dirt prelims and finals went down today and team Schwinn's
TJ Lavin looking to try and take a podium position. Rain very
nearly stopped the comp when a huge thunderstorm hit the
dirt halfway through prelims.

It was decided that the final would be run with all 20 competitors riding.
TJ is always one of the hot favourites due to his ability to pull tricks
out of the bag just when everyone least expects it and tonight was no exception.

TJ let lose with Flattie 3’s, backflip variations
and opposite 3’s. TJ ended up finishing 6th.

CC - http://www.schwinnbike.com/news/index.php?id=68

---

September 15, 2004
Team Schwinn`s First day at Gravity Games

Cleveland, Ohio --
Today saw the opening day of the Gravity
Games here in Cleveland Ohio for Team Schwinn.

Dirt practice started at 4 o’clock and Schwinns TJ Lavin was
out early checking out the huge dirt course built by Fuzzy Hall
and Co. TJ is one of the crowds favourites and can always pull
amazing runs out from nowhere when under pressure.

Tomorrow’s final starts 8 pm EST. Over on the vert ramp Tom Stober was nursing
a broken wrist from a double whip attempt at the LG games last weekend.

Tom won’t be competitive this weekend but will ride just for fun
in Friday nights final. Expect the cast to be off sooner rather than later!

CC - http://www.schwinnbike.com/news/index.php?id=67

---

September 14, 2004
Stober and Lavin To Compete at 2004 Gravity Games

Cleveland, Ohio, --
After a stunning bronze medal performance at X Games X,
BMX dirt jump extraordinaire TJ Lavin will soon bring
his A Game to the 2004 Gravity Games in Cleveland, Ohio.
Fellow Schwinn teammate and test pilot Tom Stober will
also compete in the BMX Bike Vert category.

“Even after a recent broken collarbone, TJ amazed everyone
by winning a bronze medal at the X Games,” said Travis Chipres,
Sports Marketing Director for Schwinn. “He’s won gold at
Gravity Games before and I think he’s going to show the
world he has ability to win anytime, anywhere.”

“Big Tom has a great combination of guts and strength,
and we’re looking for a strong showing from him at the
Gravity Games,” continued Chipres. “It’s going to be
fun to watch.”

Schwinn riders will be signing autographs at the event and kids
can ride Schwinn bikes on the on-dirt demo BMX track on Fri., Sat.
and Sun. Schwinn will provide helmets and bikes.

The Gravity Games is the premier action sports, music
and lifestyle festival that will take place in Cleveland,
Sept. 15-19, 2004.

Entering its sixth year, the Gravity Games in 2004 will feature
the world's best professional action sports athletes competing
across various disciplines. The bike disciplines include:

Street
Street contests incorporate skills from all types of riding-Vert,
Dirt, and Flatland. Riders take runs through a skatepark-style street
course and are judged based on the overall impression of each run.
Difficulty of tricks is rewarded, as is flow, speed, and variety.

Vert
Athletes ride a half-pipe ramp where they are judged on overall impression.
Huge airs and burly tricks are rewarded. As Vert riding evolves, fast, clean
riding that flows all over the ramp is gaining greater importance. Bike Vert
is always one of the most popular competitions at every event.

Dirt
Dirt riders compete on a dirt course designed to mimic trails.
The riders are judged on overall impression that encompasses
style, difficulty and flow. Unique transfer lines are also rewarded.

CC - http://www.schwinnbike.com/news/index.php?id=65

---

September 13, 2004
Schwinn's AA pro racer Nate Berkheimer makes KOD finals

BMX Mainia --
This past weekend was the 3rd and final stop of the KOD Core Tour
in Huntington Beach, CA. Schwinn's, AA Pro,Nate Berkheimer went
down there and entered the comp just to ride and have fun.
The jumps were huge and there were a lot of top dirt jumpers
in attendance, 31 riders to be exact.

After putting a few good runs together during qualifying,
Nate ended up qualifying 6th into the finals beating out quite
a few top guys. Nate competed in finals against the likes of
Corey Bohan, Ryan Nyquist, Ryan Guetler, Luke Parslow, Cameron
White, Mark Keul, Ronny Chalk, Rob Darden, and Colin Mackay.

Nate had a strong first run, not so hot in round 2, backed it up
in round 3, and in the final round of the finals, Nate looped out
on a 720 and crashed. 9th place in the finals for his first ever
dirt contest isn't so bad though. Look for him to be at a lot more
contests next year with team mate, TJ Lavin.

CC - BMX Mainia http://www.bmxmania.com

---

September 12, 2004
Man hits it big with new Schwinn Sting-Ray bike design

Lompoc, CA (AP) --
Former Lompoc resident Frank Blankenship's "messing around"
on his computer turned out to be magic for one major bike company.

Blankenship - who grew up in town, graduated from Lompoc High School
and attended Allan Hancock College - is the brains behind the design
for the new Schwinn Sting-Ray. The retro-looking bicycle that resembles
a chopper without the engine has a motorcycle-style kick stand, pedals
that jut out from the body, a chrome fender,a 4.5-inch rear tire,
a seat with rivets in the upholstery, and flame decals.

It took about 400 hours to design and put together a presentation
to pitch it to Schwinn, but only four days for the company to respond,
Blankenship said. Before he knew it he was being flown to Schwinn's
Chicago headquarters to hammer out a deal with the company's top brass.

"The whole experience has made me think things are possible,"
Blankenship said. "I think this is a Cinderella story for messing around."

Blankenship's deal includes quarterly royalty checks on the bike
sales and merchandise with the Sting-Ray logo. The 49-year-old
said he wants to use the money to retire early.

"I told my wife that this has commercial value to it.
I thought it was going to be something."

Blankenship, a manager in Lockheed Martin's graphics department
in Marietta, Ga., said he started coming up with designs for a bike
and some off the wall things because he does not get to draw at
work anymore. He has ideas for other bicycles to pitch to Schwinn.

His design is the first Sting-Ray bike to hit sidewalks and
streets in 25 years and it is the brand's 40th anniversary bike.
Schwinn's Sting-Ray Web site boasts "The rebirth of cool has arrived."
The bike comes in five colors, two sizes, and costs about $180.
It went on sale in April, but the first production run of 75,000 sold
out before the bikes hit the stores. And a larger adult version is
slated to come out around Christmas.

The first versions were aimed at children ages 7 to 13, but grown
men clamored for one, Blankenship said. A larger adult model
should be in stores around Christmas. Blankenship and his two sons,
who are in their 20s, got one as part of the deal with Schwinn.

Despite the demand for the Sting-Ray, Blankenship's mother,
Judy Blankenship, managed to get her hands on two of them
to be raffled off to employees at the Lompoc Hospital's emergency
room. She is a nursing director. The money is being raised for the
hospital's Walk-A-Thon to benefit the Lompoc Hospital Foundation.

"I was just flabbergasted, I kept asking Frank what can you do
with a bicycle that is different," Judy Blankenship said about
the design. "He kept me in the dark for months."

"Everybody (in the hospital) wants one for their kid."

CC - The Associated Press (AP) Wire.

---

September 10, 2004
Sting-Ray Parts, Accessories Heading to Bike Shops

Miami, FL --
Pacific expects to sell 400,000 Schwinn Sting-Rays in the
United States by the end of the year and the only place to
turn for accessories like saddles handlebars springer forks
and spinner wheels is a bike shop.

But are retailers interested in carrying
accessories for the bikes sold at Wal-Mart?

"You bet they are. Our phone is ringing off the hook with dealers
calling in to get more specific information on the line so they can
place orders. I don't think there is a retailer in the United States
who hasn't fielded questions from consumers about the Sting-Ray,"
say Chris Dupusis, J&B`s product manager.

J&B Importers has an exclusive licensing agreement with Pacific
for the popular new Schwinn Sting-Ray chopper style bicycles.
These add-on accessories will only be available through specialty
bicycle retailers.

Mass merchants will get their share of the accessory
business but it will be primarily through replacement parts.

"We also are licensing PTI to produce a line of parts
and accessories for mass sales, but these will mostly
be replacement parts," said Bruno Maier, Pacific`s vice
president of business development and licensing.

"Our venture with J&B is totally different,
those are the parts that will bring people into by dealers."

The J&B accessory line includes crank and chain ring options,
faux exhausts, pedals, solid machined-alloy wheels, tires, valve caps.

Many parts also fits standard BMX bikes. And J&B is planning a
frame line for those who wish to build on a chopper from scratch.

"The mirrors, spinner wheels and exhausts are going to
be popular for us and not just for upgrading stingrays,
said Jeff Hajduk, vice president of Bernard`s Schwinn
in Oak Park Illinois.

"We have a sizable low-rider market and while I haven't
seen all that J&B is planning, much of it will be popular
with low-riders and kids modifying their BMX bikes," he added.

Schwinn`s classic Sting-Rays, the Gray Ghost and Coppertone,
will arrive in stores soon, and a larg-frame adult Sting-Ray chopper
will not be far behind. Collectors will probably keep the classic
bikes the way they are, but retailers could benefit from the custom
changes so owners will make to distinguish their chopper.

J&B will be showing the line for the first time
at Interbike and plans to have most of the
line and its warehouse for immediate shipment.

"We have five designers hard at work mostly on that one
product line. We are devottoing our energies to this because
we think it is going to be great product", Dupuis said.

J&B is devoting a sizable amount of its 40 by 5to0 foot
Interbike booth to showing the Sting-Ray P&A program.

The company is counting on being quite busy writing up orders at the show.

Dupusis said he expects there will be numerous chopper bikes
from a variety of manufactures at the show. He has no idea
how long the trend will last, but right now retailers and
consumers cannot get enough.

"The Sting-Ray is going to be real hot for the holidays
and we want dealers to have those parts in stock in time,"
Dupuis said.

---

September 10, 2004
Sting-Ray fuels sales but Pacific Misses estimate

Montréal Québec Canada --
Pacific is selling Schwinn stingrays faster than it can have made but
the company still missed its overall sales target in the second quarter.

Jeffrey Schwartz executive vice president chief financial officer
and Secretary of Dorel, which bought Pacific in February, broke
the news to the investors during a conference call in early August.

He declined to say exactly how far short Pacific fell of its
projections, nor did he seem too concerned.after all Pacific
sales grew to $102 million in the quarter ended June 30,
and $156 million over the first months of the year.

When Dorel bought Pacific, officials said they expected the
suppliers revenues to grow 15 to 20 percent this year, which
means Pacific would have two sell 1.2 million more units.

Schwartzattributed Pacific's lower than expected first half
sales to supply problems that streamed mostly from its stingrays,
which it could not produce fast enough to meet demand.

When Dorel officials made their earlier prediction in February,
mass merchants were low on inventory and Dorel assumed
retailers would need to restock.

But bicycle imports slid eight percent through May,
suggesting a weak market that left retailers with little
desire to place large orders.

Schwartz said he anticipates retail sales to lag throughout
the year and expects only modest sales growth for Pacific.

But with sales of the red-hot Schwinn Sting-Ray continuing to rise,
many at the company are too happy to fret over lower than expected sales.

Schwartz said demand for the bikes continue to outspace to
supply and he expects Pacific to sell more than 400,000 Sting-Rays
by the end of the year 320,000 over the next six months.

Sting-Ray sales are not replacing sales of other Pacific bikes,
but rising over all bike sales.and it is becoming a platform now,
even a bicycle category entirely its own." he said.

Sting-Ray sales through May represented about 10 percent of Pacific's total
sales, and could become even more significant as the holiday season approaches.

Mass merchants only recently began selling Schwinn's 16 inch Stingray,
which has a retail price of $119 and the company this summer delivered
the first of the three Sting-ray models to specialty retailers.

One of those is a chopper designed for adults.

While stingrays are attracting new customers, Pacific also is stealing
some business from its competitors. The companyis rumored to
have recently signed deals with Kmart and Costco, which previously
sold bikes almost exclusively from Huffy, Motiv and Dynacraft.

Pacific also is generating more income from licensing its Schwinn,
GT and Mongoose brand names. to the company's licensing division
brought in a straggling $70 million in revenues the past 12 months.

The company recently licensed its name to J&B Imports
to produce stingray parts and accessories.

It already has deals with Currie Technology for electric scooters
and PTI for mass-market parts and accessories. In August,
it extended its licensing agreement with PTI for 2008.

---

August 30, 2004
Schwinn Launches 2005 BMX Bike Line

Gene`s BMX News --
Schwinn is proud to announce the new 2005 BMX bike line.
The full Schwinn bicycles bike line is now launched via the net
and what cool looking bikes Schwinn has for the year 2005.

NEW - The 2005 Sting BMX Pro Frame - MSRP: $249.99
http://www.schwinnbike.com/products/bikes_detail.php?id=442
Features: 6061 Aluminum Frame with Ram Air Seat Yoke
with Epicenter seatstays and extruded chainstay yoke with
Euro BB shell adds strength to these critical areas. Forged
dropouts feature integrated chain tensioners. Full Cr-Mo
“Special OPS” (One-Piece Steerer) Lite fork w/ one-piece
CNC machined steerer – the ultimate in durability, Includes
XS alloy seat clamp & TH Industries Intelliset headset........

NEW - The 2005 Lavin 1000 Frameset - MSRP: $199.99
http://www.schwinnbike.com/products/bikes_detail.php?id=438
Features: Frame designed by the man TJ himself
– built to take whatever you can dish out. New 6mm
plate dropouts w/ 14mm axle slots – low profile for
reduced weight, Full Cr-Mo “Special OPS”
(One-Piece Steerer) fork w/ one-piece CNC machined
steerer – the ultimate in durability. New poker chip graphic
package 21” Top Tube Length.......................................

NEW - The 2005 Lavin 1000 - MSRP: $449.99
http://www.schwinnbike.com/products/bikes_detail.php?id=437
Features: Frame designed by the man TJ himself – built to take
whatever you can dish out.New 6mm plate dropouts w/ 14mm
axle slots – low profile for reduced weight, Full Cr-Mo “Special
OPS” (One-Piece Steerer) fork w/ one-piece CNC machined
steerer – the ultimate in durability, Sun Black Box rims w/ sealed
bearing hubs – smooth reliable wheels for flyin’ high. New poker
chip graphic package, 21” Top Tube Length ........................

For all of the 2005 Schwinn BMX Bike Line see:
http://www.schwinnbike.com/products/bikes_category.php?id=48

And for all of the 2005 Schwinn Bicycles see:
http://www.schwinnbike.com/products/index.php

Schwinn Bikes - http://www.schwinnbike.com
Schwinn Fitness - http://www.schwinnfitness.com
Schwinn Sting-Ray - http://www.schwinnstingray.com

---

August 19, 2004
PTI Sports Inc. Announce Recall of Schwinn Toddler Bicycle Helmets

WASHINGTON, D.C. -
The U.S. Consumer Product Safety Commission announces the
following recall in voluntary cooperation with the firm below.
Consumers should stop using recalled products immediately
unless otherwise instructed.

Name of product: Schwinn-brand Toddler Bicycle Helmets

Units: About 9,000

Manufacturer: PTI Sports Inc., of Rancho Cucamonga, Calif.

Hazard: The helmets do not comply with impact testing
requirements in the Consumer Product Safety Act.

Incidents/Injuries: None reported.

Description: These Schwinn-brand Toddler Bicycle Helmets have
“SCHWINN” written on the back of the helmets. A white label
inside the helmets reads, “Lot# 791913.” This number is followed
by a date from “12-01-03” through “5-15-04.” This label also
contains the model number SK103, SK107 or SK108.

Sold at: Wal-Mart, Target, Academy and Mills Fleet &
Farms stores nationwide from January 2004 through July
2004 for between $17 and $20. - Manufactured in: China

Remedy: Return the recalled helmet to the store where purchased
for a replacement or refund. Consumers also can send the helmet
back to the manufacturer.

Consumer Contact: For more information, contact
PTI Sports at 1-(800) 515-0074
between 9 a.m. and 5 p.m. ET Monday through Friday.

CC - http://www.cpsc.gov/cpscpub/prerel/prhtml04/04199.html
ACC - http://www.schwinnbike.com/news/index.php?id=64

---

August 11, 2004
Pacific Cycle Extends PTI Sports Contract

MADISON, WI --
Pacific Cycle extended its contract with bicycle accessories
company PTI Sports through 2008. PTI Sports develops
bicycle parts and accessories, such as helmets, pumps and
saddles, for several Pacific Cycle brands, including Schwinn,
Schwinn Sting-Ray, GT, Mongoose and Dyno.

"PTI has been a solid licensing partner and has enabled
Pacific Cycle to bring several great products to market
in support of our parts and accessories programs," said
Bruno Maier, Pacific Cycle's vice president of new
business development and licensing.

---

August 08, 2004
Nate Berkheimer at the NBL Music City Nationals

Nashville, TN. -- ** ( PHOTO ) **
~Nate Dog makes the AA Main on Sunday!~

NBL Music City Nationals is the last NBL National
before the 2004 NBL Grands was an up and down
weekend for team AA Pro Nate Berkheimer.

On Saturday, as Nate was in 2nd, he crashed in the first
turn so hard, his helmet came off and Nate got some road
rash on his face. Ouch..

On Sunday though, Nate came back strong and
made his way into the AA Pro main, placing 7th.

CC - http://www.schwinnbike.com/news/index.php?id=62

---

August 06-08, 2004
Schwinn`s TJ Lavin at X-Games

Staples Centre, LA, --
Today sees the start of the 2004 X-Games and Schwinns dirt
jumping legend TJ Lavin was preparing for what promises to
be an explosive dirt final.

TJ who has just recovered from a separated sternum
is back to full strength and has been riding hard
back in his hometown of Las Vegas.

TJ practiced for two hours this afternoon with the
rest of the competitors and expects to put in some
killer runs on Sunday.

Earlier TJ signed autographs and met fans Mary Jane
Mark and Rachel Losada Catch the final live on ESPN
Sunday at 3pm. - Good Luck TJ!!
CC - http://www.schwinnbike.com/news/index.php?id=60

-----------------------------------------------------------
TJ Lavin practices for dirt finals...

Home Depot Centre, LA, August 8, 2004 --
Today saw a second day of dirt practice for Schwinn's TJ Lavin.
TJ prepared for tomorrow nights final by pulling huge tricks
including his signature superman seat grabs and superman nothing.
CC - http://www.schwinnbike.com/news/index.php?id=61

-----------------------------------------------------------
Lavin kills it in dirt finals!

LA, CA, August 9, 2004 --
Today was last day of the 2004 X-Games here in LA.
TJ Lavin had promised his fans that he would give
it 110% and he didn’t disappoint.

TJ came out with all guns blazing in his first run and fired
out the biggest 3 whip of the contest over the first set.

He also pulled a superman nothing, a huge superman seatgrab and
a couple of 360 variations. TJ finished up with the bronze medal.
Afterwards FMX star Travis Pastrana congratulated TJ on his medal,
see picture of the two crowd favorites celebrating.

CC - http://www.schwinnbike.com/news/index.php?id=63

ADD Notes:
2004 X Games Results ~~~Bike Stunt Dirt~~~
1, Corey Bohan, Australia, 93.66.
2, Chris Doyle, Pittsburgh, 90.66.
3, T.J. Lavin, Las Vegas, 88.33.
4, Gary Young, San Diego, 88.00.
5, Joey Marks, Fort Wayne, Ind., 88.00.
6, Mike Aitken, West Valley City, Utah 87.66.
7, Allan Cooke, San Francisco, 86.33.
8, Ryan Nyquist, Greenville, N.C., 84.33.
9, Brian Foster, Joppa, Md., 82.00.
10, Stephen Murray, Britain, 77.66.

---

August 04, 2004
Schwinn Sting-Ray helps Dorel Industries Inc

MONTREAL, CANADA --
~Dorel's Second Quarter Revenues Increase 52.4 %; Earnings up 11.3 %~
** Recreational/Leisure

Revenues for the second quarter, the first full quarter to include
Pacific Cycle results, were US$102.2 million. Pacific Cycle
was acquired in February 2004. Earnings from operations were
US$12.6 million. For the five months of 2004, revenues were
US$156.1 million while earnings from operations were US$19.1 million.

The success of the Sting Ray bicycle introduced in 2004 is above
expectations. While a lack of supply hindered sales in the first half
of the year, this has been rectified and a strong second half is expected.

As a result, the initial guidance of earnings from operations is being
increased slightly to between 12% and 13% of sales from the prior
11.5% to 12.5%. Sales of between US$335 million and US$375
million are still anticipated for the 11 months of 2004.

PRNewswire-FirstCall/ - Dorel Industries Inc.
(TSX: DII.A - News, DII.B - News; NASDAQ: DIIB - News)
today released results for the second quarter ended June 30,
See - http://biz.yahoo.com/prnews/040804/mo175_1.html
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/08-04-2004

---

August 02, 2004
Schwinn Rolls out 16" Sting-Ray For Smaller Rider

MADISON, WI --
Schwinn Bicycles is proud to announce the launch of a
16" Sting-Ray, the first line extension for the popular
Sting-Ray chopper bike platform.

"The new Schwinn Sting-Ray 20" model is selling better than any
juvenile bicycle, and customer demand for this 16" model for younger
or smaller riders has been very strong," said Byron Smith, Schwinn's
Chief Operating Officer & President. "We want kids of all ages to
enjoy the Sting-Ray experience, so we're rolling out this smaller
version of our popular 20" model."

The new 16" Sting-Ray will arrive in Wal-Mart, Toys "R" Us
and other retail locations throughout the summer with a retail
price of roughly $119. Check with your local Schwinn dealer
for availability or log on to http://www.SchwinnStingRay.com
for more information.

"We continue to hear incredible stories that demonstrate the
demand for Sting-Rays," said Smith. "One dealer recently told
us he'd started a waiting list for the Sting-Ray at his store.
His list is more than 900 people long."

"The new Sting-Ray line has clearly gotten kids and parents excited
about bicycling again," continued Smith. "The bike industry hasn't
seen excitement like this about a particular model since the original
Sting-Ray topped bike sales 40 years ago."

The new Sting-Ray models are modern chopper versions of the
classic banana seat bike of the '60s and '70s, and have become
the must-have bicycle for kids. The new Sting-Ray line has also
created an entirely new category for the bike market, which has
been traditionally comprised of BMX, mountain and traditional
sidewalk bikes.

The new Sting-Ray line now includes several color schemes of 20"
and 16" models, and plans for a larger bike (for big kids / adults)
and even a trike for the youngest cruiser are underway. A full array
of official Schwinn Sting-Ray parts and accessories including helmets,
handlebar bags, gloves and more are available in mass retailers now,
and additional custom parts such as light kits, mirrors, lights, tail pipes,
and wheel spinners will hit independent bicycle dealerships this fall.

Schwinn has also reissued two models of the original, classic
Sting-Rays: the Coppertone-colored Sting-Ray and the
highly-collectible Grey Ghost. The classics are available now
at select independent bicycle dealerships, and an additional
classic Krate model will launch in the fall.

The original Schwinn Sting-Ray, widely considered the most popular
bicycle of all time, was first introduced in 1963 during the muscle car
craze and remained on the market until 1982. More than a million of
the highly collectable Sting-Ray Krates were sold between 1968 and
1973. Any kid not lucky enough to have a Sting-Ray certainly dreamed
of owning one. The new Sting-Ray's design pays homage to the original
Sting-Ray, but this very modern interpretation reflects the public's
interest in customized motorcycles. With its raked-out fork, knees-to
-the-breeze seat position and enough bad-boy character to raise
eyebrows, this is no ordinary bike.

CC - http://www.schwinnstingray.com/pr_sting-ray_16inch_release.html

---

July 27, 2004
Pacific Cycle Wins Wal-Mart Co-Managed Supplier Of The Year

MADISON, WI --
Pacific Cycle was awarded Wal-Mart's Co-Managed Supplier of
the year, 2003, from a competitive field of more than 500 of
Wal-Mart's co-managed suppliers.

"We have a great relationship with Wal-Mart, and are glad to be
recognized as an outstanding partner," said Chris Hornung, Pacific
Cycle's founder and chief executive officer. "Pacific Cycle prides
itself on being a full-service supplier to its retailers."

Pacific Cycle received the award for its outstanding inventory
replenishment management performance for the year ending January 2004.

As a co-managed supplier to Wal-Mart, Pacific Cycle provides
the retailer with inventory replenishment management services,
as opposed to Wal-Mart retaining an employee to perform those duties.

Established in 1977, Pacific Cycle is a division of Dorel Industries Inc.,
a global consumer products company which designs, markets, and distributes
a diverse portfolio of powerful brands.

Pacific Cycle is the leading supplier of quality bicycles in North America.
The company designs, markets and imports a full range of bicycles and
recreation products under the brand names of Schwinn, GT, Mongoose,
Pacific, InSTEP, Roadmaster, Powerlite, Murray and Dyno.

Pacific Cycle is headquartered in Madison, Wisconsin with offices in Olney,
Illinois and Lake Forest,California. The company has distribution centers
in Olney, Illinois, and Vacaville, California.

Dorel Industries Inc. is listed on the Toronto Stock Exchange under the symbols
DII.A and DII.B in Canada and on the NASDAQ Exchange under the symbol DIIB.

CC - http://www.pacific-cycle.com/news/news_detail.php?id=20

---

July 26, 2004
Nate Berkheimer places 4th at UCI Worlds

Valkenswaard, Netherlands --
~Nate makes the worlds hardest Pro Main event~
2004 UCI BMX World Championships

Team Schwinn Pro Nate Berkheimer
powers is way into the Elite men's final.

Nate Berkheimer had a great day of racing, at the UCI World
Championships today. Nate looked strong all day in the moto's
and as the 1/8th finals started, he looked even better.

Getting through the 1/4 finals as well as the semi, Nate
had a chance to take home his first World Championship title.

As the Gate fell, Nate jumped to an early lead, but was just slightly
boxed out of the lead going into the 1st turn. Nate would ride a great
race and finish up 4th for the day and take home his best World
Championship Elite finish of his career. All this on his new Schwinn
Sting Prototype frame for the 1st race!

CC - http://www.schwinnbike.com/news/index.php?id=59

---

July 23, 2004
J&B Importers Sells Schwinn Sting-Ray Accessories

MADISON, WI --
J&B Importers will soon be selling Schwinn Sting-Ray "chopper"
aftermarket accessories. The parts will only be available at
independent bicycle dealerships, a move officials at both
companies hope will increase retailers' store traffic and sales.

"We're excited to be a part of the Schwinn Sting-Ray platform
and are pleased to provide independent bicycle dealers a tool
to capitalize on Sting-Ray sales and service," said Jacques Gurdjian,
J&B's founder.

J&B will debut the new accessories, which include mirrors, lights,
tail pipes and wheel spinning accessories, at Interbike. The products
can be ordered from J&B's sales force or online at
http://www.jbimporters.com

---

July 21, 2004
New York Core Tour and T-Mobile Ramps and Amps

New York, --
TJ Lavin was back after 3 months of recovering from an separated
shoulder he sustained whilst mountain biking inthe spring.

He had a lot of pressure going in to the event because he still
needed to qualify for Gravity Games and this was the last chance.

He stepped up and put in a solid ride to finish 4th and
get the last and final Gravity spot and pulled a huge
Decade over the last set to do it. - Nice one TJ!

CC - http://www.schwinnbike.com/news/index.php?id=58

---

July 19, 2004
Schwinn's Nate B gets ready for the UCI Worlds!

Valkenswaard, Netherlands -- ( Photo )
Schwinn's AA Pro Nate Berkheimer has traveled over to Valkenswaard,
Netherlands this week for the 2004 UCI BMX World Championships.

This years UCI Worlds looks to be the biggest World Championship
in BMX history and Nate is excited to race against the worlds best
and show the world that he is one of the best BMX racers around.

CC - http://www.schwinnbike.com/news/index.php?id=57

---

July 06, 2004
TJ Lavin Invited to 2004 X-GAMES

Los Angelos, CA --
The X Games announced its most updated list of athletes who have
been invited to compete at X Games X, to be held in Los Angeles
August 5-8. X Games X will have a finals-only format consisting
of 10 invited action sports athletes per sport discipline.

We are very exicted that TJ Lavin is on the list of athletes
scheduled to compete in the Bike Stunt Dirt category.

Way to go TJ!!!

CC - http://www.schwinnbike.com/news/index.php?id=56

---

July 05, 2004
Schwinn BMX at NBL Great Lakes Nationals

Waterford Oaks, MI --
~Nate B makes some sparks in Waterford.~
Schwinn BMX Race Report NBL Pro Series, Round 6
Great Lakes Nationals Pontiac, Michigan Waterford Oaks
BMX July 3-4 Nate Berkheimer loves BMX and for the
past week, since the NBL Stars and Stripes National in
South Park, PA He has been on the road traveling with
Robbie Miranda in his moto home.

The pair of Pros have been checking out the sites around the Midwest,
visiting the local trails and tracks, and getting to meet tons of BMX fans.

As they arrived at the Waterford Track, Nate got back to the Schwinn
pits to display his Schwinn race bike, as well as talk to all the Schwinn
race fans who were in awe of the 2 Sting Rays on display. As the races
kicked off on Saturday, Nate rode well, but just missed out of making
the AA Pro Main event.

Nate did race his way into the Pro Open main event and rode a strong
lap to a 4th place finish. Nate felt that he would be able to do better on
Sunday, but unfortunately, rains came in and drowned out any chance
of that, as the days race was canceled.

Nate now goes back to Las Vegas and will get ready for the
UCI World Championships in just 2 weeks time, in Holland.

CC - http://www.schwinnbike.com/news/index.php?id=55

---

July 02, 2004
Nautilus to sell Schwinn fitness equipment in Sears stores

Vancouver, Washington --
The Nautilus Group Inc. said it has struck a deal with
Sears, Roebuck & Co. to test sales of the Vancouver,
Wash.-based company's Schwinn Fitness cardiovascular
equipment at 30 Sears stores.

The nationwide test will begin this month, and will involve the
Schwinn Fitness upright exercise bike and recumbent exercise
bike, Nautilus said in a press release. Other details of the test
and financial terms were not disclosed.

The strategy of teaming with national retailers is a change from
Nautilus' tradition of selling direct to consumers or through
wholesale arrangements with fitness centers.

"Earlier in the year, we stated that one of our key strategic initiatives
based on our extensive consumer marketing research was to expand
our product placement in the retail market through execution of a
differentiated brand and product approach," said Gregg Hammann,
chairman and chief executive officer of Nautilus. "This differentiated
approach creates a winning strategy for all of our retail partners."

---

July 01, 2004
Pacific, Maverick And Trek Settle Patent Lawsuits

MADISON, WI --
Maverick American, Pacific Cycle and Trek Bicycle amicably
resolved their lawsuits concerning claims of patent infringement.

In the lawsuits, Pacific alleged that Maverick's ML7 and Trek's
Klein Palomino infringe its patent, "Bicycle with Crank Assembly
Suspension System." In turn, Trek claimed that Pacific's I-Drive
bicycles infringe its patent, "Suspension System for a Bicycle
Having a Y Shaped Frame."

Under the settlement, Pacific licensed the use of its patent to
Maverick for use on its ML7 frame and to Trek for use on
Klein's Palomino. Trek also agreed to license its Y-shaped
frame patent to Pacific.

All parties stated, in a press release, that they agreed to provide
no further public comment. The royalty rate and other terms of
the licenses are confidential, the press release said.

---

June 28, 2004
Vans Triple Crown - Denver, TJ Lavin come and sees his fans!

Denver, CO, --
Schwinn Pro, TJ Lavin was on hand this past weekend
at the Denver Stop of the Vans Triple crown.

Unable to ride, due a crash and injury he had sustained at
Sea Otter in the spring. TJ tried his hand at Mountain Bike
racing, in the downhill class at this springs Hyundai/Sea
Otter Classic in Monterey, CA and one bad crash kept one of
the worlds top riders off the dirt with a separated collar bone.

TJ has been doing a ton of rehab and is getting stronger and just
began riding this past week at his own personal jumping oasis in Las Vegas.

TJ was busy at the event doing Autograph sessions for one
of his sponsors, FORD, and a few interviews with the NBC
people for lead ups for Gravity Games.

Look for TJ to be going big once again very soon.

CC - http://www.schwinnbike.com/news/index.php?id=54

---

June 28, 2004
Schwinn`s Nate makes the big show for Pro Open South Park

South Park, PA -- ( Photo )
Team Schwinn AA Pro Nate Berkheimer likes the South
Park NBL track and you could tell by the way he rode it.
In Front of a huge crowd, Nate made his way into the
Pro Open main event and placed 4th for the day.

Nate not only had time to make the main, but he was
seen giving away all kinds of goodies to the kids and
signing a ton of Autographs.

Nate looked like he was on to be in both the AA Pro
main and Pro Open mains of Sunday, but a small bobble
kept him out of the AA main, and a crash took him out of Pro Open.

Don't fret old Nate Dog fans, he will be back and ready
for more race action next weekend in Waterford Oaks, MI
for the next round of NBL Pro Series race action.

Schwinn is proudly sponsored by Shimano,
Tioga, Fox, Sun Ringle, and Rock Shox.

CC - http://www.schwinnbike.com/news/index.php?id=53

---

June 26, 2004
Schwinn BMX At NBL South Park National

South Park, PA -
On June 25th 2004 Nate B gets ready for the biggest NBL
race of the year. Southpark is the best regular NBL National
of the race year each season, with a super fast track loaded
with huge jumps. Skills and speed are needed here to make
the main events, and Nate has just that.

On June 26th 2004 Nate makes the big show for Pro Open.
Team Schwinn AA Pro Nate Berkheimer likes the South Park
NBL track and you could tell by the way he rode it. In Front
of a huge crowd, Nate made his way into the Pro Open main
event and placed 4th for the day.

Nate not only had time to make the main, but he was seen
giving away all kinds of goodies to the kids and signing
a ton of Autographs.

Nate looks to be in both the AA Pro main and Pro Open mains of Sunday.

Schwinn is proudly sponsored by Shimano, Fox,
OGIO, Rock Shox, SunRingle, and Tioga.

---

June 25, 2004
ABA Mid West Nationals Schwinn`s Nate races the rock

Rockford, IL, --
Team Schwinn factory AA Pro Nate
Berkheimer took to the mid west to race the rock,
Rockford BMX, for the ABA Mid West Nationals.

Nate looked fast all weekend and pulled off
a 6th place finish in Pro Open on Sunday.

Look for Nate to traveling around this week in the mid west,
tearing up local tracks and trails, before heading off to
South Park, PA for the next round of the NBL Pro series.

Schwinn is proudly sponsored by Shimano,
Tioga, Rock Shox, Sun Ringle, and Ogio.

---

June 21, 2004
China Is Settling RFID Issues, But Slowly, Pacific Cycle Hopes

Information Week --
~Most Wal-Mart suppliers can't yet tag products at manufacturing facilities there~

Ed Matthews, director of information systems at bicycle maker
Pacific Cycle LLC, had hoped Wal-Mart Stores Inc. executives
would discuss using radio-frequency identification technology at
manufacturing sites in China at the retailers' RFID summit last week.
It didn't happen. Wal-Mart instead said that it will have RFID
deployments live at about a dozen more distribution centers
and as many as 600 Wal-Mart and Sam's Club stores by October 2005.

Between 50% and 70% of nonfood products shipped to Wal-Mart
are made in China, analysts say. As the retailer deploys passive RFID
technology in more distribution centers and stores, some of its suppliers
are increasingly eager to take advantage of efficiencies and lower costs
that could come from tagging pallets and cases at offshore plants.
Pacific Cycle, whose iconic brands are Schwinn, GT, and Mongoose,
has invested about $50,000 in RFID to date and has budgeted $1
million for 2005, not including tags. "If we're going to spend all this
money to help Wal-Mart, we want to figure out how in the heck to
use RFID to improve our supply chain at Pacific Cycle," he says.
"One way is to put the RFID tag on the boxes at the manufacturing
facility, and ship more product to customers from the manufacturer's
site in China." Tagging cartons once they arrive in the United States
adds about an hour and a half to preparing each truckload shipment,
Matthews says.

The problem is China lacks RFID standards and open frequencies
to transmit signals from tags to RFID readers. A working group set
up earlier this year by the Chinese government will define RFID
protocols for the country. China's State Regulatory Radio Commission
plans in August to open UHF 868 for passive RFID transmissions,
but that may not happen till year's end.

What's needed now is a tag that will transmit a signal across a range
of frequencies to conform to local regulations, says Fraser Jennings,
VP of standards and regulatory activities at RFID tag maker Savi
Technology Inc. EPCglobal, which is leading the development of
industry standards for the Electronic Product Code Network to
support the use of RFID, is reviewing proposals for the UHF Gen
2 passive RFID standard to operate in the band between 860 MHz
and 960 MHz. The Gen 2 specification is scheduled for publication
later this year. Significant changes, however, could make the Gen 2
standards incompatible with EPC Class 0 and Class 1 tags used in
the United States, though those backing the proposals are assuring
backward compatibility. At least one company, ThingMagic LLC,
says its Mercury 4 RFID reader will be able to support any tag
and multiple frequencies.

Meanwhile, approval by the Chinese government to test RFID
is being granted on a case-by-case basis. Hewlett-Packard,
which makes many consumer products in China, is applying to
the Chinese government for a temporary license to use RFID at
its manufacturing facilities there. It expects by year's end to tag
cases and pallets of notebooks, printers, and scanners, some of
which ship to Wal-Mart's RFID-enabled Texas distribution center,
says Ian Robertson, director of HP's RFID program.

"There are large orders that go direct from HP's manufacturing
facility in China to Wal-Mart's distribution centers," Robertson says.
"Unless you're going to interrupt the flow of goods, tagging at the
manufacturing facility is the only place to do it."

---

June 11, 2004
Pacific Cycle Embraces Wal-Mart RFID Mandate

DURHAM, N.C., /PRNewswire/ --
By Installing SAMSys Readers to Benefit Internal Operations
Pacific Cycle Using SAMSys MP9320 UHF Portal Readers to Log
Inventory in Illinois Warehouse

SAMSys Technologies Inc. (Toronto: SMY - News), an
international provider of radio frequency identification (RFID)
hardware solutions and consulting services, announced that
Pacific Cycle, the largest bicycle supplier in the U.S. and a
leader in the design, marketing and distribution of high quality
branded bicycles and other recreational products, has installed
SAMSys MP9320 UHF portal readers as part of a RFID pilot
program designed to create greater efficiency internally
as well as to comply with the supplier mandate from Wal-Mart
that requires RFID case and pallet tagging compliance by 2005.

Through the installation of SAMSys portal readers, Pacific Cycle
is in a unique position to take advantage of Wal-Mart's pallet and
case level mandate. Because bicycles and other recreational
products from Pacific Cycle only fit one item to each case, its
case-level tagging is also item-level tagging. As a result, Pacific
Cycle can also use RFID readers to track its products through
Wal-Mart's retail stores to eliminate out-of-stock situations and
navigate store associates to products that aren't on store shelves
as well as monitor products within its own warehouses.

"Our goal is to meet the mandate set by Wal-Mart and to also
benefit from using this internally," said Edwin Matthews, IS
director with Pacific Cycle. "By tracking items within the retail
store and determining what factors impact sales, we hope to
learn how to increase sales at retail stores. We're also hoping
to reduce manpower in our receiving and shipping operations as well
as manage events to make sure we're shipping the right product."

Pacific Cycle has installed SAMSys MP9320 UHF portal readers in the
company's warehouse in Olney, Ill. As workers pass through the warehouse's
dock doors with product, the SAMSys RFID reader system logs the inventory.
SAMSys has also integrated a stack light, giving forklift drivers a visual
indication that the pallet tag has been read as trucks are being loaded or unloaded.

"Pacific Cycle is a prime example of how companies can now see
how to build a good return on investment from the RFID tagging
mandates by finding ways to use the technology to create efficiencies
in their own operations," said Tres Wiley, SAMSys President.
"We are pleased that SAMSys has been able to help Pacific Cycle begin validating
those benefits and also become a leader in compliance for Wal-Mart's program."

Pacific Cycle has a host of ideas for RFID that the company believes could lower
warehouse costs, provide more accurate inventory management and increase sales
in retail stores. The company desires to tag products at all of its off- shore
manufacturing sites, giving Pacific Cycle the ability to automatically receive
products as they move into the warehouse.

About SAMSys Technologies Inc.

SAMSys Technologies Inc. (SAMSys), founded in 1995, is a
world-leading provider of radio frequency identification (RFID)
hardware solutions and RFID integration consulting services
designed to evaluate and recommend optimal RFID solutions to
enhance existing business process. SAMSys offers a family of
products to simplify the installation and ensure the ongoing
performance of the overall RFID hardware infrastructure. SAMSys
is a public company whose shares are listed for trading on the
TSX Exchange under the symbol: "SMY". The Company has a total
of 45.1 million shares outstanding. Visit SAMSys at:
http://www.samsys.com and http://www.investorfile.com

About Pacific Cycle

Established in 1977, Pacific Cycle, recently acquired by Dorel
Industries Inc., is the nation's leading supplier of quality bicycles.
It designs, markets and imports a full range of bicycles and recreation
products under the brand names of Schwinn, GT, Mongoose, Pacific,
InSTEP, Roadmaster, Powerlite, Murray and Dyno. Pacific Cycle is
headquartered in Madison, Wisconsin with offices in Olney, Illinois
and Lake Forest, California. It has distribution centers in Olney Illinois,
and Vacaville, California, and a design/test center in Longmont, Colorado.

---

May 30, 2004
Schwinn at ABA Spring Nationals

Bakersfield, CA, --
ABA Spring Nationals

Nate Berkhiemer Sunday Pro Open 6th Place
*PHOTO - http://www.schwinnbike.com/images/news/nbb1.jpg

Schwinn is proudly sponsored by Shimano,
Tioga, Rock Shox, Sun Ringle, and Ogio.

CC - http://www.schwinnbike.com/news/index.php?id=46

---

May 29, 2004
Dorel's Sting-Ray puts big bite on market

Montreal, Canada --
~~~~~~~~~~
Sales could reach $1.8 billion. This year Revamped version is
rolling out of stores faster than Chinese supplier can produce them
~~~~~~~~~~
Dorel Industries said yesterday its annual sales could reach
$1.8 billion this year, propelled in part by its Sting-Ray bicycle,
which is speeding out of stores in the U.S.

The Sting-Ray rose to stardom in the 1970s with its high handle
bars and banana seat. The company acknowledged its revamped version
is rolling out of stores faster than its Chinese supplier can produce them.

"When we developed the Sting-Ray we did not know how well it
would sell," said Chris Hornung, head of Dorel's Pacific Cycle unit.
Speaking to reporters following Dorel's annual meeting in Montreal
yesterday, Hornung said the company initially expected to sell fewer
than 100,000 Sting-Rays this year but has sold about 35,000 already
and is determined "to ship as many as we possibly can."

However, the bike's distinctive features - a such as rear
-wheel assembly that resembles a motorcycle - are a blessing
and a curse. While they make the bike tougher for competitors
to copy, he said, they also make it more difficult to quickly ramp
up production.

Retailers have open orders, meaning they will take what they
can get. While the company has been shipping what it can to its
major customers - Wal-Mart, Target and Toys R Us - smaller retailers
might not get their shipments until the fourth quarter of the year.

There are no Sting-Rays coming into Canada, he said, because
current-anti-dumping legislation, adopted to protect local producers,
has placed high tariffs on bicycles from China. The company is
considering having the bikes produced in another country as well,
and they could arrive in Canada in the fourth quarter.

Because the bikes are frequently out of stock, it's hard for the
company to gauge the actual demand for them. However, Jeffrey Schwartz,
Dorel's chief financial officer, said this year's production might exceed 200,000.

Pacific Cycle - which also produces Schwinn, Mongoose and GT bicycles
- is Montreal-based Dorel's latest acquisition. It was purchased this
year to expand the company's lineup of consumer goods, which also include
ready-to-assemble furniture, household items like step-ladders and
juvenile products such as car seats, cribs and strollers.

Most of the company's goods are sold in Canada and the U.S.
to such large discount retailers as Wal-Mart and Costco. It also
has operations in Europe, which accounts for 24 per cent of its sales.

Company chairperson Martin Schwartz told shareholders yesterday
that it took 41 years for the company to exceed total sales of $1 billion
U.S., a feat achieved in 2003. Reaching $2 billion U.S. will take
considerably less time. The company is forecasting sales of $1.6 billion
to $1.8 billion this year, as a result of its acquisitions and internal growth.

However, despite all the recent growth, Schwartz said Dorel is still
not well known among the investment community or the public, who
don't realize goods bearing labels such as Safety 1st, Cosco and
Ameriwood are all produced by Dorel. So the company intends to start
putting its name on the products as well and their brand names.
And it is meeting with players in the U.S. investment community in
hopes of raising its profile and the value of its stock, which Schwartz
argued is undervalued.

Dorel's B shares closed yesterday at $43.35,
up 80 cents, on the Toronto Stock Exchange.

*PHOTO - Dorel CEO Martin Schwartz on a Schwinn bicycle,
one of the well-known bike brands the company
acquired when it bought Pacific Cycle this year.

Other news to this story -
Dorel expects $1.8 billion US in sales this year
MONTREAL, CANADA (CP) - 05/28/2004

---

May 25, 2004
A Letter To Sting-Ray Fans

Dear Schwinn Sting-Ray Enthusiast,

When we launched the new Sting-Ray in April 2004 it quickly
became clear that we had something very special on our hands.
Not since the original Sting-Ray cruised into neighborhoods 40
years ago have we seen such excitement. The feedback we've
received from so many of you has been fantastic and very helpful.
We're thrilled that you're excited about the new Sting-Ray, and
we understand some of the challenges that the popularity of this
bicycle has posed.

For example, finding the Sting-Ray for sale can be difficult.
We're experiencing demand for the bike that we haven't seen since,
honestly, the original Sting-Ray. Once we realized that demand for
our new Sting-Ray was significantly greater than our original forecast,
we immediately ramped up production significantly to meet that
demand. Schwinn retailers will receive major shipments in June,
July and August.

We are also aware of misinformation and rumors surrounding the
number of Sting-Rays being produced ... Again, we will continue to
ship major quantities to Schwinn retailers nationwide until demand
is met. Please know that we are attempting to meet everyone's wishes
to own this bike.

Thank you for your patience and your enthusiasm. Please be sure to
visit the SchwinnStingRay.com site (especially see the PRESS
ROOM pages) http://www.schwinnstingray.com/pressroom.html
for information about the Sting-Ray, various models,
upcoming parts and accessories, etc. and if you have further queries,
please call 1-800-SCHWINN or visit AskSchwinn.

Thank you, and keep riding!
Schwinn Bicycles

CC - http://www.schwinnstingray.com/pr_letter_to_fans.html
ACC - http://www.schwinnstingray.com

---

May 25, 2004
Schwinn @ Norba National

*** Schwinn @ Big Bear Norba National #3 ***
Big Bear, CA, May 21, 2004 -- ( Photo )
~~Come check out Schwinn~~
Come on up to Big Bear, CA to visit with Judd DeVall and
check out the latest Schwinn bikes this upcoming weekend at
round #3 of the 2004 Norba National Mountain bike series. Judd
will take on the Big Bear Downhill and hit the pits on his Sting Ray.

Schwinn is proudly sponsored by Shimano,
Tioga, Rock Shox, Sun Ringle, and Ogio.
CC - http://www.schwinnbike.com/news/index.php?id=43

*** Schwinn @ Norba #2 ***
Sonoma, CA, May 15, 2004 -- ( Photo )
~Judd DeVall will hit up the Dual Slalom and Mountain Cross~
Team Schwinn Pro Judd DeVall will be racing this
weekend in Sonoma, Ca for the 2nd stop of the
2004 Norba National Series.

This will be the first gravity stop of the 2004 Norba tour and
Sonoma will host Dual Slalom and Mountain Cross racing.

Judd will be on course and looking to take home a podium spot.

Schwinn is proudly sponsored by Shimano,
Tioga, Sun Ringle, Rock Shox,Fox, and OGIO.
CC - http://www.schwinnbike.com/news/index.php?id=45

---

May 01, 2004
TJ Lavin Live on Supercross Web Broadcast

Las Vegas, NV --
~TJ helps announce news of a new Action Sports series.~

TJ Lavin was on hand to announce the addition of NBC's
5 city tour of a new type of Action Sports event.
Including BMX dirt Jumping, Vert, and Street, the NBC
series will help crown an overall champion later this year.

TJ was at Tonight's Supercross finials in Las Vegas, and with the help
of Fuzzy Hall, made the live announcement to over 1 million listeners
over the live web broadcast of the Supercross event. Look for more
information on the new series here in the next few weeks,
as well as Fuzzy and TJ at the events.

CC - http://www.schwinnbike.com/news/index.php?id=42

---

April 28, 2004
Dorel's Sales Increase 42% in First Quarter

Dorel Industries Inc. (TSX: DII.A -NASDAQ: DIIB - News)
today announced a record quarter in sales citing continued organic
growth at Dorel Juvenile Group USA and the benefits of Pacific Cycle.
Total revenues for the first quarter ended March 31, 2004 were up
41.5% to US$391.8 million, compared to US$276.9 million posted
a year ago. Record sales driven by product innovation

First quarter sales underline the positive results of Dorel's intensive,
on-going product development efforts. "Over the past several months
numerous new products have been introduced, in both our Juvenile
and Home Furnishings Segments. This has particularly augmented
juvenile sales in the United States, continuing the marked improvement
which began during the fourth quarter of 2003. The biggest issue of the
quarter was high particle board prices and their impact on ready-to
-assemble furniture margins. We foresee improvement going forward
as the RTA furniture industry implements higher selling prices,"
commented Mr. Schwartz.

Pacific Cycle had a strong first quarter, and is included in results
for approximately two months. The acquisition of the bicycle and
recreational products company was concluded February 4, 2004.

As previously announced, the Company is recording a charge in the
amount of US$6.5 million pre-tax due to a dispute with one of its
insurance carriers over the aggregate amount of insurance available
to the Company, including one claim that came due this month. This
amount is equivalent to a US$0.13 per share after-tax impact. After
accounting for this expense, earnings were US$19.6 million or
US$0.60 per share, compared to US$19.2 million or US$0.60 per
share for the first quarter of 2003. Excluding this charge, earnings for
the first quarter would have been US$23.9 million or US$0.73 per share.

As a result, Dorel is reducing its guidance for fiscal 2004 by
US$0.13 per share, to earnings of between US$3.12 to US$3.22 per share.

For earnings statement figures and more see:
http://www.newswire.ca/en/releases/archive/April2004/28/c6184.html

CC - http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=781660

---

April 22, 2004
New Schwinn Sting-Ray Sales Set Break-Neck Pace

MADISON, Wis. /PRNewswire/ --
~Dorel Industries Inc. says New Models on the Way~

With just three weeks of sales under its belt, the new Schwinn Sting-Ray
is clearly living up to its billing as the 'rebirth of cool.'Nearly every
location carrying the new Sting-Ray has sold out of the bike as quickly as,
it appears on the floor -- most within dw 12 hours.

'Initial customer demand has been unprecedented,'said Paul Silver,
Schwinn's Vice President of Marketing. 'While some stores are just
getting their initial orders on the floors now and others in the next
two weeks, many stores have sold out almost instantaneously, with folks
literally lining up to get their hands on one. We're working fast and
furious to fulfill new orders and replenishment requests as quickly as
possible. This is still quite early, but we are seeing increasing signs
of something not seen since the original Sting-Ray topped bike sales
40 years ago ... it is unbelievable.'

The new Sting-Ray, a modern chopper version of the classic banana
seat bike of the '60s and '70s, has created quite a stir amongst
7- to 14-year- olds. It has also launched an entirely new category
in the bike market, which has been traditionally comprised of BMX,
mountain and traditional sidewalk bikes. Excitement for the new
bike has swept the country.

'Public feedback has been vocal, consistent, and overwhelmingly
positive,' said Silver. 'Case in point: We heard from a man in Sacramento
who searched for the sold-out bike at three stores. The man met other
customers on similar searches who ended up buying the bikes still in the
boxes just to insure they got them before they went on display. We've
heard from a man in Los Angeles who went to seven stores in search of
a bike for his son and a woman in Arkansas who purchased the remaining
10 bikes in a single store because she thought she'd never see them again.
Clearly Sting-Ray fans are a tenacious bunch.'

Schwinn is also promoting the new Sting-Ray with national television
ads that began running April 19 -- something the company hasn't done
since the early 1970s, when Captain Kangaroo was a leading spokesperson
for the brand.

Silver notes that while most stores planning to carry the new Sting-Ray
should have them in stock by May 1, the bike is available in limited
quantities and customers looking for the bike may have to act quickly.
The new limited edition Sting-Ray will continue to arrive in Wal-Mart,
Toys 'R'Us, independent Schwinn bike shops, Dick's Sporting Goods,
Fred Meyer and other retail locations throughout the spring and summer
with a retail price of under $180.

Demand for the 20'Sting-Ray (the model currently available in stores)
has spurred Schwinn to complete development of additional iterations
for the new Sting-Ray line. Plans for limited edition models such as a
smaller 16'bike, a larger 26'bike, a 20'girls'bike, and even a trike for
the youngest cruiser are already underway. A full array of official
Schwinn Sting-Ray parts and accessories including helmets, saddlebags,
gloves and more will be available as early as June. Schwinn will also
reissue two highly anticipated models of the original, classic Sting-Rays:
the Coppertone-colored Sting-Ray and the highly-collectible Grey Ghost.
The classics will be available beginning late June.

The original Schwinn Sting-Ray, widely considered the most popular
bicycle of all time, was first introduced in 1963 during the muscle
car craze and remained on the market until 1982. More than 1 million
Sting-Rays were sold in 1968 alone. Whether it was California,
Wisconsin or New York, there were teenagers on every corner tricking
out their banana seat Sting-Rays with headlights, mirrors, wheelie bars
and other accessories to make each bike unique. Any kid not lucky
enough to have a Sting-Ray certainly dreamed of owning one.

The new Sting-Ray's design pays homage to the original Sting-Ray,
but this very modern interpretation reflects the public's interest in
customized motorcycles. With its raked-out fork, knees-to-the-breeze
seat position and enough bad-boy character to raise eyebrows, this is
no ordinary bike.

Further information about the new Schwinn Sting-Ray
can be found at http://www.schwinnstingray.com

Founded in 1895, Schwinn is an American icon and has built some of the
best-known and best-loved bicycles of all time. A world leader in technology
and fabrication, Schwinn has been an indispensable player in revolutionizing
bicycling around the world. In 2001, Pacific Cycle, the nation's largest
importer and distributor of quality bicycles, purchased Schwinn. Schwinn
moved into mass retail distribution in 2002, effectively making Schwinn
products available where Americans shop most. With a continued dedication
to quality, forever synonymous with the Schwinn name, America's most famous
bicycle brand looks forward to providing another century of innovation,
freedom and performance to people of all ages.

Pacific Cycle was purchased by Dorel Industries Inc.
(Nasdaq: DIIB; TSX: DII.A, DII.B) this past February.
Dorel is a global consumer products company employing
5000 people worldwide.

(Photo: http://www.newscom.com/cgi-bin/prnh/20040422/CGTH013 )

---

April 16, 2004
Schwinn at the 2004 Sea Otter Classic

Monterey, CA, --
~Schwinn makes a big Splash at the Hyundai/Sea Otter Classic~
Schwinn bikes makes it presence know at the 2004 Hyundai/Sea
Otter Classic with a huge display area and the presence of team
riders Judd DeVall and TJ Lavin. With a new 20 x 20 tent display
area, Schwinn was showing off a huge sample of its line of high quality
bikes. A huge hit of the display area was the new Schwinn Sting ray
bikes that had Schwinn fans staring and admiring the new look of the bikes.

Team Rider Judd DeVall took to the Downhill and Mountain Cross courses
today and looks to have some great results on Sunday when the finials come
for each event.

Pro Dirt Jumper TJ Lavin check out fine after a bad crash
on the Downhill, but returned home to Las Vegas to recoup
and get ready for the upcoming dirt jump event.

CC - http://www.schwinnbike.com/news/index.php?id=39
Sea Otter Classic - http://www.seaotterclassic.com

---

April 14, 2004
TJ Lavin rides downhill at the Sea Otter classic

Monterey, CA, --
TJ Lavin decided to swich it up today at
the Sea Otter Classic in Monterey CA.

TJ decided to trade his BMX in for a mountainbike
by riding in the pro downhill event.

He looked super smooth through all the sections but in
one of the last corners the front end of the bike washed
out leaving TJ with a separated collarbone. TJ is now
resting up back in Las Vegas. Get well soon TJ.

CC - http://www.schwinnbike.com/news/index.php?id=38
Sea Otter Classic - http://www.seaotterclassic.com

---

April 14, 2004
Team Schwinn heads off to the Sea Otter Classic

Monterey, CA, --
~Schwinn heads over to the 2004 Hyundai/Sea Otter Classic~
If your on your way over to the 2004 Sea Otter Classic, be on
the look out for some big things from Schwinn. Come on by the
20 x 20 display area and check out a bunch of new things from Schwinn.

CC - http://www.schwinnbike.com/news/index.php?id=40
Sea Otter Classic - http://www.seaotterclassic.com

---

April 13, 2004
Nate and Oscar The newest Schwinn team rider

Las Vegas, NV, --
Schwinn AA BMX Pro Nate Berkheimer has a lot going on.
Training, an interveiw in the new Transworld BMX magazine,
hitting a full schedule of BMX races, heading off to the local
skateparks and trails, and coming up with ideas to better
promote Schwinn. The life of a BMX pro will keep a guy busy.

Nate is always thinking, and to help out bring even more fans into the
Schwinn pits at the BMX races, he brought his little buddy, Oscar to
the Spring Break Nationals in Florida.

Here is a shot for all of you who did'nt get a chance to see the
happy couple since all the ladies were lined up to get a kiss,
the question though, was who did they really want the kiss from?
http://www.schwinnbike.com/images/news/me-and-sker.jpg

CC - http://www.schwinnbike.com/news/index.php?id=37

---

April 13, 2004
GT Bicycles Announces 2004 BMX Program

Lake Forest, CA., --
GT is proud to announce its 2004 BMX team. Ever since BMX
racing began in the 1970s, GT has been there. Today’s GT BMX
teams boast a star-studded lineup that is sure to be the best in 2004.
GT is also proud to announce the re-signing of Hyundai Motor Corp.
as the team’s title sponsor.

This year’s Hyundai/GT BMX team includes the sport’s top riders
and spans all BMX disciplines such as: BMX racing, pro BMX vert,
pro BMX dirt and pro BMX street. Boasting more than 15 UCI World
Championship titles and more than 600 pro wins, the Hyundai/GT team
is among the most consistent and successful teams in the sport.

“With a variety of athletes taking cycling to a new level,” said
Travis Chipres, Sports Marketing Director for GT, “the Hyundai/GT
BMX team will have the most revered and impressive roster for 2004
and beyond. The support of our fans and dealers has been tremendous
and we’re committed to providing excitement every time we compete.”

The sport of BMX surrounds numerous other disciplines, including
Dirt Jumping, Vert and Street riding which consists of four riders from
the team: Jamie Bestwick, Stephen Murray, Dave Dillewaard and Andre Ellison.

-Jamie Bestwick has quickly become one of the world’s top known
Freestyle/Vert riders with numerous wins at the ESPN X-Games and
Gravity Games. This X-Games champion, World X-Games gold
medallist and Gravity Games gold medallist is known for his stunning
finishes, smooth and progressive riding style and dedication to pushing
the limits of both himself and the Vert discipline overall.

-Stephen Murray, a pro dirt jumper, has back to back Gravity Games
wins and X-Games wins within the same year. Stephen’s claim to fame
is his Double Back Flip, a trick no rider had completed before him.
Watch Murray reach for new heights in 2004 and take the Hyundai/GT team with him.

-Dave Dillewaard is also a new member of the Hyundai/GT team.
Street and Dirt jumping are Dave’s expertise, but he won’t stop there.
This Brisbane, Australia native is returning to the U.S. in 2004 to
claim the titles and wins that are surely in store for him.

-Andre Ellison is the sole amateur dirt jumper on the 2004 team but
one of the fastest riders on the circuit. In 2004, Andre’s incredible
skill and style will give him the chance to win the ABA and NBL amateur
titles and with advice and support from the pros of the
Hyundai/GT team, he will achieve even more.

BMX race is the root of the sport and this fast-paced discipline
attracts more participants than any other. The Hyundai/GT BMX Race
team consists of Randy Stumpfhauser, Christophe Leveque,
Thomas Allier and Jamie Staff.

-Randy Stumpfhauser is a new BMX racer for the Hyundai/GT BMX
team. Randy has already proven himself a seasoned rider through his
many titles including UCI World Championships, NBL Pro Titles and
ABA Pro titles. His track record will continue to grow and bring the
Hyundai/GT team to new heights.

-Christophe Leveque of France is one of the most successful BMX
racers in history. After a short recovery from a major back problem in
2002, Christophe is back on the racing circuit and winning new titles.
His determination and spirit is a direct reflection of his
professionalism in the sport of BMX.

-Thomas Allier of France is known by his fellow AA Pro riders as
one of the most respected and talented BMX racers in the world.
Thomas’ power and skill make him one of the few riders on the
BMX Pro tour that can win any race at any time.

-Jamie Staff is a BMX rider who chooses to split his time between
BMX, mountain biking and going for the gold. This year Jamie has
his sights set on an Olympic medal and is joining the Great Britain
Olympic team to compete in Athens in 2004. His Olympic dreams
about to become reality, Jamie remains committed to perform in a
select few BMX races for the Hyundai/GT team.
Having the most prestigious team in BMX demonstrates the GT Bicycles
lifestyle: building the best, whether it be bikes or the Factory race team.

With more than 15 UCI World Championship titles, 10 US National Pro
Titles, and more than 600 Pro wins, GT hosts some of the most
successful active Pro BMX racers in the history of BMX cycling.

GT also boasts a traveling stunt show team that performs weekly at
nationwide locations. Riders use a half-pipe, a quarter-pipe,
a box jump and demonstrate flatland riding during the show to
amaze both new and old BMX fans. From sold-out NBA halftime
shows to local bike shop promotions, the Hyundai/GT Air Show
team does it all with style.

This year, look for the Hyundai/GT BMX team all over the circuit
competing at all ABA and NBL events. Find out more on the GT Website,
http://www.GTbicycles.com GT’s rolling workshop/promotional trailer
and big top tents can be found at every race, displaying the latest
GT bikes and Hyundai automobiles.

Team GT/Hyundai is partnered with IRC Tire, RockShox, Shimano,
FOX Racing, BioRacer. GT Bicycles born and bred in southern California
still finds its headquarters in Lake Forest, Ca. GT Bicycles sells bikes
internationally under the GT and Ruckus brands. The leader in BMX and
Mountain Bikes, GT continues to lead the way in high end racing bikes
as well as competitively priced consumer bikes. The GT Bicycles race
team has always been at the forefront of racing. http://www.gtbicycles.com

Hyundai Motor America, headquartered in Fountain Valley, Calif.,
is a subsidiary of Hyundai Motor Company of Korea. Hyundai cars
and sport utility vehicles are distributed throughout the United
States by Hyundai Motor America and are sold and serviced by more
than 600 Hyundai dealerships nationwide. http://www.hyundaiusa.com

---

April 13, 2004
Schwinn Announces 2004 Pro Rider Program

Madison, WI., --
From the very inception of turning the everyday bicycle into a
racing machine, Schwinn was there. The lore and legend of Schwinn,
one of America’s most recognizable brands, is unsurpassed in the
bicycling industry. Great bicycles call for great riders, and the
2004 Schwinn team is unmatched.

“We’ve assembled a great Schwinn team for 2004,”
said Travis Chipres, Sports Marketing Director for Schwinn.
“With the support from our partners, dealers and fans everywhere,
we’re looking forward to a stellar year.”

Currently one of the world’s top dirt bike jumpers and most
successful riders, TJ Lavin is a great role model for kids all
over the world. TJ began his biking career as a BMX racer
but found he was more comfortable in the air, as opposed to
on the dirt. TJ’s first air competition was the first “King of Dirt”
jumping contest held at the ABA Grand National BMX race,
where he took home top honors and an even greater love for
the sport. From that day on, TJ hasn’t moved from the top,
and for the past 10 years has been the man to beat at any dirt
jump competition. A featured talent of the X-Games and Gravity
Games, TJ has also shown his skills on numerous media appearances.
TJ and his Schwinn signature model Schwinn will continue to amaze
and shock the world for years to come.

Pro Street competitions have evolved into a compelling sport,
and those who push their bikes to the limits are the ones to watch.
Tom Stober is such a rider. A new face for Schwinn in 2004,
Tom is a genuinely nice guy with an attitude for winning.
Tom lives at the world famous Woodward Camp in Pennsylvania
where he not only improves his own riding skills, but takes the time
each summer to teach young BMX riders. In 2003, Tom was a
finalist in both the X-Games and Gravity Games pro street competitions.

2004 also marks the comeback of the Schwinn BMX race team
led by one of the hottest up-and-coming young pro riders, Nate Berkheimer.
Nate has the skills to win an AA Pro BMX race. Look for Nate on the
winners’ platforms at BMX races, and expect to see a lot of Schwinn in 2004.

Schwinn also has deep roots in the sport of mountain bike racing,
having sponsored numerous past world champions. Schwinn’s
approach to this sport not only stresses fierce competition,
but a commitment to the environment as well. Judd DeVall,
one of the sport’s newest faces, has helped take Schwinn back
into the limelight of mountain bike racing and beyond. As a pro
downhill and 4-Cross rider, Judd is committed to winning races
and educating riders. By hosting various seminars and clinics,
Judd is helping the next generation of mountain bike riders learn
bike safety and wilderness preservation to keep trials open to riders.

Schwinn also boasts a traveling stunt show team that performs
weekly at nationwide locations. Riders perform on a half-pipe,
a quarter-pipe, a box jump and demonstrate flatland riding
during the show to amaze both new and old BMX fans.
From sold-out NBA halftime shows to local bike shop
promotions, the Schwinn stunt show team does it all with style.

Founded in 1895, Schwinn is an American icon and has built
some of the best-known and best-loved bicycles of all time.
A world leader in technology and fabrication, Schwinn has
been an indispensable player in revolutionizing bicycling around
the world. With a continued dedication to quality, forever
synonymous with the Schwinn name, America’s most famous
bicycle brand looks forward to providing another century of
innovation, freedom and performance to people of all ages.

---

April 11, 2004
NBL Spring Break race weekend #2- Schwinn BMX

Sarasota, Florida --
~Spring Break for Nate and Oscar!~

Schwinn BMX AA Pro Nate Berkheimer took to the
Sarasota BMX track this past weekend for the 3rd
round of the 2004 NBL National Pro Series.

After a week of riding all over Florida, Nate took to the
BMX race track. Nate had some bad luck as a lot of
crashed kept him from the main events, but Nate's dog
Oscar kept the crowds close to the Schwinn Pit Area.

On Sunday, the addition of a new Schwinn Sting Ray bike,
along with Nate and Oscar, the fans went crazy.
The Schwinn BMX team is sponsored by
Shimano, OGIO, Tioga, and Sun Ringle.

CC - http://www.schwinnbike.com/news/index.php?id=35

---

April 04, 2004
NBL Spring Break BMX race weekend #1- Schwinn BMX

Avon Park, FL, --
~Berkheimer is in the AA Main Both days~
Schwinn's Nate Birkheimer shines in Florida.

Team Schwinn BMX Pro Nate Birkheimer left the warm and
flashy area of Las Vegas, NV to head on over to the 2nd round
of the 2004 NBL National Pro Series. After a great opening
round a few weeks ago in Boulder City, Nevada, Nate was looking
to add on some more points in the Pro Class.

As Nate arrived in Avon Park, FL he liked what he saw,
as the track was fast and technical. And as the racing action
took place, you could tell that he really like the track as he was
one of the fastest riders on the track and was in the AA Pro main
event both days.

Nate was consistent with his results, as he placed 4th both days.
Nate will now be headed off all over Florida during the week
hitting all the hot jumping spots and then make his way down to
Sarasota this next weekend for the 2nd round of the NBL Spring
Break tour. Look for Nate at all the NBL nationals this summer,
as well as many of the ABA nationals.

The Schwinn team is proudly sponsored by
Shimano, Tioga, Sun Ringle, OGIO, and Rock Shox.

*PHOTO - http://www.schwinnbike.com/images/news/nbap.jpg
CC - http://www.schwinnbike.com/news/index.php?id=34

---

April 02, 2004
Pacific Cycle Inc. Announce Recall of Mongoose 20-Inch Bicycles

WASHINGTON, D.C. --
The U.S. Consumer Product Safety Commission announces
the following recall in voluntary cooperation with the firm below.
Consumers should stop using recalled products immediately
unless otherwise instructed.

Name of product: Mongoose aluminum 20-inch-wheel “D-XR AL” mountain bicycles

Units: About 14,000
Manufacturer/Importer: Pacific Cycle Inc., of Madison, Wis.

Hazard: The rear shock absorber allows the aluminum, dual-suspension
frame to flex severely, causing the frame to become unstable and break,
posing the risk of injury to riders.

Incidents/Injuries: Pacific Cycle Inc. has received two reports of
the frames on these bicycles breaking, resulting in abrasions and
bruises to the rider.

Description: These are Mongoose aluminum 20-inch-wheel,
D-XR AL, dual-suspension mountain bicycles. They have
model number “R1590WMET” written on the service sticker,
located on the bottom bracket tube near the pedals. The bicycles
are silver and red colored. “Mongoose” and “DXR AL” are on
the frame of the bicycles. Only Mongoose 20-inch D-XR bicycles
with aluminum frames are included this recall. Bicycles with steel
frames are not included.

Sold at: Bicycle stores and department stores nationwide
from September 2003 through March 1, 2004 for about $99.

Manufactured in: China
Remedy: Consumers should stop using these bicycles immediately and call
Pacific Cycle Inc. to receive a free replacement rear shock and instructions.

Consumer Contact: For more information, call Pacific Cycle Inc.
toll-free at (877) 564-2261 between 8 a.m. and 5 p.m. CT Monday through Friday.

CC - http://www.cpsc.gov/cpscpub/prerel/prhtml04/04113.html

---

March 04, 2004
Schwinn Sting-Ray will roll again

Wisconsin --
The Schwinn Sting-Ray, one of America's most popular
bicycles of the 1960s and early 1970s, is coming back.

The new Sting-Ray, designed in conjunction with Orange
County Choppers, a motorcycle design firm based in Rock
Tavern, N.Y., will be sold by Pacific Cycle, a Madison-based
company that sells more bicycles in North American than any
other company. The Sting-Ray, which will be manufactured in
Asia, is expected to be available in stores by May for about $169 to $179.

The original Sting-Ray retailed for $49.95 in 1963 - then
considered fairly expensive. Pacific Cycle, which bought
Schwinn in 2001, hopes nostalgia will inspire parents who
owned original Sting-Ray bikes more than 30 years ago to
buy the new version for their kids.

Before Schwinn was acquired by Pacific Cycle, the bikes were
sold exclusively by independent dealers. In 2002, the company
expanded the market to mass retailers including Wal-Mart and
Toys R Us. Dorel Industries Ltd. of Montreal acquired Pacific
Cycle in January.

Joe Werwie, Schwinn director of product development,
said the Sting-Ray design will benefit from the popularity
of Orange County Choppers on the Discovery cable channel.
The "American Chopper" television show is shot in the motorcycle
company's workshop and shows how the customized motorcycles are made.

"We're constantly monitoring trends - the chopper
culture and the impact that's had," Werwie said.

With its raked-out fork and low-slung seat, the bicycle
capitalizes on the popularity of motorcycles.

Ten customized versions of the Sting-Ray will be offered,
plus a Special Edition Sting-Ray that incorporates unique
aspects of Orange County Choppers.

Like the original Sting-Ray, the new models can be customized
further with accessories that include custom wheels, high-back
sissy bars and over-sized chain guards.

Werwie said the bicycle took about 1 years to design.

"It's just a drastically different product," he said.
"The uniqueness of the original Sting-Ray translates into this bicycle."

The original Sting-Ray was born after Al Fritz, a Schwinn engineer,
heard about California kids who were souping up their bikes with
low-rider banana seats and high handlebars. Fritz went to California
and was so inspired by the phenomenon that he designed the bike.

When the first Schwinn Sting-Ray hit the market in 1963,
adults thought it was "ugly" but kids liked it so much that
about 40,000 were sold that year. Sales could have gone
even higher if the company hadn't run out of 20-inch tires.
A girls' model, the Fair Lady, was unveiled in 1964 with
pastel colors and a floral basket.

By 1968, about 70 percent of all of the bicycles
sold in the U.S. were either Sting-Ray models or imitations.

The Krate was the most famous Sting-Ray model and a
million of them were sold between 1968 and 1970. The
Krate was painted in hot rod colors and featured a smaller
16-inch front wheel, fat rear tire and its signature Stik-Shift,
later deemed unsafe by the Consumer Product Safety Commission.

Popularity of BMX bikes ended the Sting-Ray era in the
mid-1970s, but some original Sting-Ray models in mint
condition sell for $2,000 or more to collectors.

---

February 29, 2004
Schwinn AA Pro, Nate Berkhiemer rules at the NBL Pro Opener

Boulder City, NV, -- ( *PHOTO )
The NBL kicked off its 2004 Pro Series season in Boulder City, NV
this past weekend. Just 15 minutes outside of Las Vegas, the Boulder
City track was as just as risky as a high dollar bet, with a tight,
technical layout giving the best of riders troubles.

With the NBL Pro series just consisting of 8 Pro weekends,
each race is important to get a good score to go toward the overall
#1 Pro title. On Saturday night, they also held a special Pro race,
called the Double Down event. It put 2 riders on separate courses,
simulating dual slalom racing. 32 riders would go and get qualifying
times and then were bracketed up against each other to find the best
rider of the night.

Nate Birkheimer has settled into his new role as the
Schwinn AA Pro just right, as he was in 3 out of 4
main events this past weekend at the 1st NBL Pro series event for 2004.

Boulder City, NV, just 15 minutes outside of Las Vegas
was home to the event, as well as being just a few miles
from Nate's house. The Boulder City track was super technical,
and Nate seemed to have the track wired, as he was out front
all weekend in qualifying moto's.

On Saturday Nate made it to the Pro Open finial and had a
great come from behind race, where he would finish up 4th.
On Sunday, with the Sun out shining, it looked down upon Nate,
as a bad crash took him down early in qualifying, but he was able
to come back and make both the AA Pro main and Pro Open.

In AA, another crash held him back to 8th for the day, but in the
Pro Open main, a clear run down the first straitaway, put him right
up in the front of the pack. Nate rode a flawless race and would
finish up 2nd overall.

Nate will be heading off to Washington in a few
weeks for the next round of the AA Pro series.

Schwinn is proudly sponsored by Shimano, Sun Ringle, and Rock Shox.

---

February 27, 2004
Pacific Lays Ground Rules For Internet Sales

MADISON, WI --
Pacific Cycle sent a letter to its dealers recently, clarifying its
policy on when its bicycles can and cannot be sold over the Internet.

"We at Pacific Cycle understand the value the Internet has as a
marketing and sales tool for our brands and your store. We also
understand its effectiveness in providing a relatively easy way to
sell products and reach thousands of customers quickly," read
the letter from Mitzi Krone, Pacific's director of customer service,
which went on to say ground rules needed to be laid to protect Pacific dealers.

Pacific addressed three main points regarding Internet sales in the letter.

--All Pacific dealers must have a physical retail location to
sell Schwinn and GT. "We will not sell IBD bicycles to
Internet-only operations, nor will we drop-ship IBD bicycles
directly to end consumers," the letter read.

--No current model-year Schwinn or GT bicycle online sales
will be allowed, however current Mongoose Pro bikes can be
sold via the Internet by Mongoose Pro dealers.

--Dealers must complete an Internet Dealer Addendum
before they can sell Schwinn, GT or MongoosePRO online.

Bikes "determined by Pacific Cycle for closeout" can be sold
online provided they are not sold unassembled in the box, via
auction sites or outside the United States.

---

February 27, 2004
Schwinn Teams With Orange County Choppers For Sting-Ray

MADISON, WI --
Schwinn contracted with Orange County Choppers (OCC),
a New York motorcycle company,
to customize its new Sting-Ray kids bikes.

"The original Sting-Rays of the 1960s and '70s were very cutting
-edge and often modified by their owners," said Paul Silver,
Schwinn's vice president of marketing. "We thought it would be
fun to do the same today, but as the Sting-Ray has evolved, so
too has the customization of bikes. Who better than Orange County
Choppers to create a line of special edition, customized Sting-Rays?"

The new Sting-Ray its cues from American motorcycles. Schwinn is using
the OCC logo on all editions of the new Sting-Ray for mass retail sales,
as well as for Sting-Ray parts and accessories. Besides creating 10
customized versions of the Sting-Ray, OCC will also develop one Special
Edition Sting-Ray that incorporates some of OCC's trademark designs.

A line of Sting-Rays for the specialty retail channel is
in development, and there is talk of adult Sting-Rays, also.

---

( The list of Schwinn/GT news press clips are cut in to 2 parts. )

*****~~~~~ For The PART 1 Of The News List ~~~~~*****
CLICK HERE! FOR THE REST OF THE NEWS CLIPS.
URL = http://www.genesbmx.com/schwinn-news.html

***************************************************************

Geneb...Wenatchee,Washington - USA
All Things Northwest in BMX!
***** Gene`s BMX *****
http://www.genesbmx.com