Industry News

BETHEL, CT (BRAIN)—Cannondale Bicycles has committed to join IMBA and Bikes Belong at the corporate sponsor level.

This sponsorship is part of the Cannondale Sports Group's expanding advocacy plan, which includes both maintaining current efforts and further developing new partnerships.

Tagged Advocacy/Non-profits

At 7:00 p.m. tonight, the Ride of Silence will begin in North America and roll across the globe. Cyclists will take to the roads in a silent procession to honor cyclists who have been killed or injured while cycling on public roadways.

SALT LAKE CITY, UT (BRAIN)—Bikes for Kids Utah announced that the Sorenson Legacy Foundation has donated $40,000 to help provide new bicycles for 1,000 underprivileged third graders during Bikes for Kids Utah's annual bicycle giveaway.

Tagged Advocacy/Non-profits

NEW YORK, NY (BRAIN)—The Bicycle Film Festival has been bringing road, mountain, track, leisure, BMX and city biking to the masses since its inception in 2000. Now is your opportunity to partner with the festival to bring your brand and message to the top cycling markets in the United States and abroad.

SAN LUIS OBISPO, CA (BRAIN)—Lezyne has hired Dan Baggs as mechanical engineer.

Mike Sinyard and Specialized were profiled on CNN's Web site.

Click on link to check out article.

WOODINVILLE, WA (BRAIN)—Litigation between Cane Creek and Full Speed Ahead over a headset patent has been resolved, meaning FSA can get back to making Aheadset licensed original equipment and aftermarket headsets.

OSAKA, Japan (BRAIN)—Shimano’s first-quarter 2008 revenues jumped almost 16 percent over those from the same period last year, to $532.7 million, and net income was up by nearly the same percentage, to $51.3 million.

Tagged Earnings/Financial Reports

Lezyne's Dillon Clapp needs the biking community of San Luis Obispo to rise up.

Tomorrow night's city council meeting features plans to build a skate park in San Luis Obispo. Currently this plan doesn't include bikes, which is a big problem for the local BMX/MTB community.

SPEEDWAY, IN (BRAIN)─The North American Handmade Bicycle Show (NAHBS), the world’s largest handmade bicycle show, is moving to form alliances with regional handmade bicycle shows that have appeared in the wake of NAHBS, which began creating consumer/industry shows in the handmade sector back in 2005.

Tagged Tradeshows and conferences

LONDON, England (BRAIN)—Future Publishing has named a new managing editor for the UK-based Web site cyclingnews.com.

Daniel Benson joins Future from NatMag Rodale, where he was managing editor of the Runner’s World Web site.

GOLDEN, CO (BRIAN)—Spot Brand, manufacturers of single-speed bikes and carbon belt drive systems, has added Maverick’s full-suspension product line to its offerings.

Maverick founders Paul Turner and Frank Vogel will still be involved with future Maverick designs.

Tagged Mergers, Acquisitions & Investments

MORGAN HILL, CA (BRAIN)—It was a day to stick it to the pump and protest $4 (and climbing) gas prices as 1,340 bicycle commuters representing a combined total of 39
bicycle manufacturers, retailers and industry affiliates participated in the 10th Annual Specialized 2008 Industry Commute Cup Challenge.

Tagged Awards

BETHEL, CT (BRAIN)—To further support its technology heritage, Cannondale has formed a new Advanced Product Division (APD).

APD’s mission is to focus on delivering breakthrough technology, advanced materials, design, manufacturing and production methodologies for bicycle development.

SARATOGA SPRINGS, NY (BRAIN)—Dr. Ray Browning, the director of the Serotta International Cycling Institute (SICI) for the past two years, has stepped down in order to focus more on the Institute’s educational mission.

WHISTLER, British Columbia (BRAIN)—Race Face Components has re-signed for the 2008 and 2009 seasons as the official components and armour sponsor for Whistler Mountain Bike Park.

In case you weren't part of this year's Sea Otter Alley Cat Race, here's the raw, dark footage.

LAKE FOREST, CA (BRAIN)—BMX racing being new to the Olympics this year has been capturing a large amount of the attention, but mountain biking and road shouldn’t be forgotten.

And while road racing seems to get all the Olympic glory, Olympic mountain biking is a huge hit—over in Europe.

Tagged Events

VISTA, CA (BRAIN)—Industry veteran Skip Hess has joined Electra Bicycle Company’s board of directors.

VAN NUYS, CA (BRAIN)—Sales in Easton-Bell’s Action Sports segment increased 12 percent in the first quarter of 2008, helping to offset a small decline in the company’s Team Sports category, according to the company’s form 10-Q filed with the Securities and Exchange Commission on May 13.

Tagged Earnings/Financial Reports

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