NIDECKER GROUP – 2 Place de l’Industrie – CH 1180 Rolle Switzerland FOR IMMEDIATE RELEASE NIDECKER GROUP (Switzerland) and FLOW Sports, Inc. (USA) have entered into an agreement whereby NIDECKER GROUP has acquired the brand assets of FLOW Snowboarding from Flow Sports, Inc. Rolle, Switzerland and San Clemente, California (November 21, 2016) — NIDECKER GROUP, the Swiss based brand developer, is proud to announce that it has completed the acquisition of the “Flow” snowboarding brand assets from Flow Sports, Inc. NIDECKER GROUP, operates a variety of wellknown brands in both the snowboarding and stand up paddle boarding such as NIDECKER Snowboards, JONES Snowboard, YES Snowboards and NOW Snowboard Bindings as well as LAIRD Stand Up Paddle. NIDECKER GROUP now adds FLOW Snowboarding to its bank of industry leading brands. In a market, which has largely seen contraction over the past few years NIDECKER GROUP is an exception with constant growth since its creation. NIDECKER GROUP sees an opportunity to expand and strengthen its technology toolbox and global distribution footprint. FLOW sees the need to be part of a larger portfolio of brands whereby it can continue to offer innovative products and value to its retail partners and to the millions of snowboarders around the world. “NIDECKER’s roots run deep with Flow as NIDECKER and FLOW did a cross license agreement for the use of a certain Technology that contributed to the “Speed Entry Bindings” revolution for which FLOW has become the world leader of”. – Said, Henry Nidecker who is the CEO of the NIDECKER GROUP. Nidecker also said, “This acquisition is very complementary to our existing brands and will help drive revenue and other core initiatives in the coming years helping the NIDECKER GROUP reach a new level of competitiveness in the global market.” Anthony Scaturro – President and CEO of FLOW Sports, Inc. said, “We are very happy with what we have created in FLOW. Over the past 20 years we have brought value to our distribution and retail partners. We have also brought innovation, convenience and fun to millions of snowboarders around the world. We believe FLOW has found a great home with NIDECKER and we are confident that they will continue the great work that the FLOW team is so proud of.” Scaturro went on to say, “NIDECKER is committed to the evolution and growth of not only their own brands but also snowboarding as a whole. We look forward to continued success of Flow and NIDECKER.”