Cannondale Corp.

• Public
• US

Dow Jones Description

Cannondale Corporation (together with its subsidiaries, collectively referred to in this report as we, us or our) is a leading manufacturer of high-performance bicycles, and an emerging player in the off-road motorsports industry. Our bicycle line has grown from 21 models in our 1992 model year to 89 models in our 2003 model year, all of which are hand assembled and constructed with hand-welded aluminum frames. We also sell other bicycle-related products including clothing, shoes and bags, and a line of components, some of which are manufactured for us by third parties. In addition, for our 2003 model year, we are offering five ATV (All-Terrain Vehicle) models and six motorcycle models. We were incorporated in Delaware in 1971. The bicycle market has matured in recent years and its growth rate has decreased. We believe that we can leverage our domestic flexible manufacturing capabilities, which allow us to consistently provide high quality and innovative products to the market faster than our competition and take strategic advantage of the current market conditions. Additionally, we believe that a marketing strategy consistent with our bicycle product line - one that focuses on innovation, differentiation, performance and quality leadership - provides us with the opportunity for a diversified growth strategy in the motorsports market.

Chairman, President

Contact Information

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