| BowTech and Escalade Sports Reach Agreement
Eugene, OR (July 9, 2004) BowTech Archery and Escalade Sports have reached
an agreement to cross license their respective technology. This agreement
settles a dispute over the viability and/or infringement issues of both
companies' patents while opening the door to the sharing of future technologies.
Both BowTech and Escalade Sports look forward to the future and the
opportunities that a working relationship can bring.
Dan Messmer, President of Escalade Sports comments, "We are pleased
to have reached a cross license agreement with BowTech Archery. The single
cam bow innovation exemplifies our commitment to improving the archers
experience and performance. We believe BowTech has successfully marketed
and reinforced the importance of this technology in the industry."
"Escalade shares BowTech's commitment toward the continued innovation
and technological advancement of archery", stated John Strasheim, CEO and
President of BowTech, "we are pleased to have reached an agreement that
aligns us in that quest."
Escalade® Sports (www.escaladesports.com)
manufactures and distributes a full line of archery equipment under the
Fred Bear, Jennings and Satellite Brands as well as a full line of indoor
and outdoor sporting goods products.
BowTech®, (www.bowtecharchery.com),
manufacturer and distributor of the world?s finest compound bows and archery
equipment, was founded in 1999 by CEO, John Strasheim and VP of Research
and Development, Kevin Strother. Currently the fourth largest bow company
in the world, BowTech is the fastest growing bow company in history, increasing
annually from its first model year in 2000.
© 2004 BowTech
BowTech, (www.BowtechArchery.com),
the manufacturer and distributor of the world's fastest bows, was founded
in 1999 by CEO and Chairman of the Board, John Strasheim, and by Vice President
of Research and Development, Kevin Strother. BowTech continues to be the
fastest growing bow company in history. The company holds patents on the
world's fastest single, dual, and triple cam bows, along with the patent-pending
SandTrap Technology. Each is a BowTech original.
BowTech
90554 Highway 99 North
Eugene, OR 97402
Toll Free 888-689-1289
Direct 541-284-4711
www.BowtechArchery.com
genes@bowtecharchery.com |