Gen-X Co-Founder Jamie Salter Wins Award

Gen-X Sports President and Co-Founder Honored as ‘Emerging Entrepreneur of the Year’

DAYTON, Ohio, Sept. 27 — Huffy Corporation (NYSE:HUF) today announced that James J. Salter, President and co-founder of Gen-X Sports, was awarded the coveted “Emerging Entrepreneur of the Year” award last night (September 26, 2002) at a gala dinner in Toronto, Ontario.

The Entrepreneur of the Year program, founded by Ernst & Young in 1986, which has now grown to include thirty countries, recognizes talent and leadership in honoring the world’s leading entrepreneurs who play a vital role in creating a strong, vibrant economy creating jobs while fulfilling their vision.

In accepting his award, Jamie Salter stated, “I wouldn’t be standing here tonight accepting this award if it were not for the ongoing commitment and dedication of my team at Gen-X; and the support of my wife Sheryl and my four children who have experienced tremendous sacrifices for my vision of building a world-class sporting goods company.”

Don Graber, Chairman, President and CEO of Huffy commented, “We congratulate not only Jamie and those who received awards last night, but all those who were honored as finalists. Their entrepreneurial spirit and enthusiasm typify the strengths we see in the Gen-X management team and underscores our appreciation for the complementary strengths they bring to the Huffy management team.”

Huffy Corporation (NYSE:HUF) is a diversified sporting goods company, marketing basketball equipment, sports balls and other outdoor games under the Huffy Sports(R), HydraRib(R), and SureShot(R) brands; bicycles and wheeled products under the Huffy(R), Royce Union(R), Micro(R), and Airborne(R) brands; golf equipment under the Tommy Armour(R), Ram(R), Teardrop(R) and Zebra(R) brands; snowboards and accessories under the LTD(R), Lamar(R) and Sims(R) brands; Hespeler(R) hockey equipment; Volant(R) ski equipment; and a variety of action sports items including skateboards, inline skates, and helmets under the UltraWheels(R), Rage(R), and Dukes(R) brands, and markets a variety of products as a licensee under Disney(R), Oxygen(R), Airwalk(R), NBA(R) and NCAA(R) trademarks; and is a leading provider of assembly and merchandising services to retailers.