September 1, 2008

Top pro team to race exclusively on Felt framesets until 2011

EDEWECHT, GERMANY (Sept 1, 2008)—Felt Bicycles has extended its sponsorship of Team Garmin-Chipotle presented by H30, the American pro cycling team dedicated to promoting ethical sporting and developing the next generation of champions, until 2011. Already engaged in a multiyear agreement, Felt and team management worked together to build on their already successful relationship when Garmin became the team’s new title sponsor, just prior to this year’s Tour de France. Under the extension, Team Garmin-Chipotle will race exclusively on Felt’s framesets for the next three years, including Felt models F1, Z1, AR (Team Issue model shown below) and DA in 2009.

Felt bike“The relationship we have with Felt is tremendous.” says Jonathan Vaughters, Team Director and owner. “Not only do they know their business better than any other, they work tirelessly with our riders and staff to push the edge of what’s technologically possible. We are fortunate to work with such a progressive and passionate bicycle company.”

Felt’s US President Bill Duehring says, “In one short year the team went from vision to reality and, for us, we could not be happier. JV has done a brilliant job of putting all the pieces together. Between the team’s core message and its bona fide results, it is clear that Team Garmin-Chipotle presented byH3O is the new face of cycling. Felt is proud of this association.”

In association with the team and its family of sponsors, Felt will be offering three different team model bikes in 2009, including the AR Team Issue, the Z35 Team and the F95 Team. Each of these models, along with the entire 2009 Felt line, can be viewed at the upcoming EuroBike and InterBike trade shows. For more information on Felt Bicycles call (949) 452-9050 in the US or (49) 4405-928015 in Europe, or visit Felt online at www.feltbicycles.com or www.feltbmx.com.

About Felt Bicycles
Felt Bicycles is a leading designer, manufacturer and distributor of its own proprietary branded premium quality bicycles, framesets, components and accessories. The company US office is located in Irvine, CA, and its European office is in Edewecht, Germany. Felt Bicycles is an internationally recognized brand whose bicycles and products are currently sold in over 30 countries, worldwide. Athletes on Felt products have won numerous National and International events including World Championships, Olympic Games,ESPN X-Games and other major national and international competitions. For more information on Felt Bicycles call (949) 452-9050 in the US or (49) 4405-928015 in Europe, or visit Felt online at www.feltbicycles.com or www.feltbmx.com.

About Team Garmin-Chipotle Presented by H30
Owned and managed by Slipstream Sports, a sports marketing and development company, Team Garmin-Chipotle presented by H30 is dedicated to promoting ethical sporting and developing the next generation of cycling champions. In 2007, Team Slipstream partnered with Agency for Cycling Ethics (ACE), to create the most progressive anti-doping system in the professional sports world. Each of the team’s 25 riders will undergo combined voluntary testing at least 700 times throughout the 2008 season, 20 times the number of tests that most professional cyclists are subject to annually. Team Garmin-Chipotle competes in a full schedule of professional cycling races in the U.S. and Europe. Additional information is available at www.slipstreamsports.com.