Snofax

New Moves Leisure Trends has a new address: 1650 38th Street, Suite 101E, Boulder, Colorado 80301. The phone number is the same: (303) 786-7900; FAX: (303) 786-9009; Web: www.leisuretrends.com.

Elan Offers Three New Bindings Elan is introducing three all-new traditional strap bindings for ’99/00, including the Accelerator, a shared project with Forum Snowboards. The Accelerator is available in two sizes and features extendable toe ramps for more toe-side leverage, and an adjustable heelcup, quick-release forward-lean adjuster, Cordura straps, and bombproof ratchets. EVA padding on both the baseplate and in its rotatable highback round out the Accelerator’s performance features. The Orby, a performance freestyle binding, has many of the same features as the Accelerator. The Orby Junior, specially designed for kids, is a highback that’s just the right size for big heelside leverage. Cordura straps complete with ratcheting buckles and plenty of forward-lean adjustability are part of the package.

SIA Programs Gain Momentum About 90 percent of the participating Donate-A-Ski/Donate-A-Board (DAS/B) shops carry snowboards and will be collecting snowboards for a tax-deduction. Some specific snowboard shops that are participating include: The House in Saint Paul, Minnesota, Randy Johnson, (651) 482-9995; First Stop/Board Barn in Killington, Vermont, William Ellis, (802) 422-0905; Free Style in Charlottesville, Virginia, Sandy Natterer, (804) 978-4091; SFO Snowboarding, San Francisco, California, Kent Uyehara, (415) 386-1666; and EZ Rider in Burlington, Vermont, Anthony Scaturro, (781) 272-8877. The charity programs that receive the donated equipment work with at-risk kids and teenagers who express interest in snowboarding. One of the DAS/B charitable groups is snowboard specific: The Snowboard Outreach Society, and Arn Menconi can be reached at: (970) 845-7040.

Snowboard companies signed up so far to participate in this year’s third annual “Take Your Daughter to the Snow Week” program include Sims and Cold As Ice. Cold As Ice will be integrating another significant corporate and snowboarding element to the program. For more details, contact SSAW event directors Ingrid Niehaus at: e-mail: INGRIDN@prodigy.net, phone: (949) 499-2225; or Jan Berg at e-mail: jan_berg@artemispm.com, phone: (303) 545-6882.

Another SIA program that’s making news is the Take Your Daughter To The Snow Week, which recently picked up Southwest Airlines Vacations, Kodak, and Sports Illustrated for Women as support sponsors of the January 31 through February 6, event. Picabo Street is the official spokeswoman for the annual event now in its third year. Daughter Week is funded by SnowSports Industries America, SIA’s official Web site, www.snowlink.com, is title sponsor, and the Snow Sports Association For Women (SSAW) are the coordinators for the event.

The goal of daughter week is simple: SSAW is a nonprofit organization dedicated to getting everyone, including fathers who snowboard, to bring a daughter, sister, mother, or female friend to the snow that week.

Santa Cruz Snowboards Involves Retailers with ’00/01 Sales Strategy

Last August, Santa Cruz product line and sales managers teamed up with three retailers and three reps from around the nation to discuss potential sales strategies for ’00/01 boards and outerwear. The hardgoods line has more than doubled and retailers were summoned to give their input on how to sell it.

Among the focus group was Frank Delucia from Cutting Edge in Connecticut, Shane Nowka of Local 77 in Spokane, Washington, and Wes Debow from Boardgarden in Napa, California. Santa Cruz sales reps included Terry Campion, Ryan Buccola, and Wayne Dills. The topics discussed included trade-show booths, demos, marketing, sales tools, and presentation.

Women-Only Snowboard Camps Announces Dates Women-Only Snowboa Camps announced the dates for the ’99/00 season. Held in Sugarbush, Vermont the dates are December 9—12, January 27—30, and February 24—27. The camps include three days of full instruction, video analysis, tech talk, tuning workshops, and they are open to all abilities.

On January 7—9, the third annual Fresh Session Women’s Snowboard Weekend also takes place in Sugarbush, Vermont. With over 30 industry sponsors, the event will include pro and guest appearances, product demos, and a women’s film premiere. For more information call: 1-800-552-5065.

Palmer Launches Helmet In collaboration with Giro, Palmer Snowboards has released its freeride/freestyle helmet. The helmet is designed with a ergonomic fit; a tough polycarbonate shell to deflect impacts, disperse shocks, and resist penetration by sharp objects; and an energy-absorbing liner to absorb the wide range of shocks coming from potential impacts on the mountain.

Other features include easy-to-adjust straps and buckles, large ear openings for better hearing and equilibrium, a deep goggle notch to secure the goggle strap, and a large eye port for increased visibility and perfect goggle fit.

The Palmer helmet meets performance provisions standards (essential safety requirements of EC directive 89/686/EEC and the European safety standard EN 1077) for shock absorption, penetration, strap strength, and coverage.

AZX Is High On It’s New Altimeter Watch

The Altimeter Watch from AZX allows users to set the watch to certain altitudes, tells barometric pressure, current temperature, in addition to features such as calendar, ten-lap memory chronograph, countdown timer, and three different watchband options. For information call: 1-800-558-4836; or see the site at: www.aztex.com.

Evolution Named Official Olympic Board

Snowboard manufacturer Evolution USA has partnered with the Salt Lake Olympic Committee as the Official Limited-Edition Snowboard supplier for the 2002 Olympic Winter Games. The first limited-edition boards for both adults and juniors were made available to the public last summer. The snowboard graphics will feature Olympic rings with Native American pictographs set on a deep sandstone red top. The lengths of the boards will range from 140 to 161 cm. The junior model of the Evolution EVO snowboard features the three Olympic mascots and will be available in lengths from 95 to 139 cm. For more information call Evolution USA at: (801) 484-5811.

Burton Snowboards Releases Late Models The Burton Late Models are products that didn’t make it out of the on-snow development lab in time for Vegas. The new Gap 58 simultaneously fills a hole in the line and introduces two innovative components of Burton Snowboards’ new board technology. This board features a wider waist width for riders with size-ten to -eleven feet. Dualzone Engineered Grain Direction (EGD), a product of Burton’s advanced core factory, leads the charge by three-dimensionally directing wood grain to reduce edge deflection, thereby increasing edge hold while lowering weight and increasing strength. For greater speed, Burton Snowboards unveils the new Indium. Impregnated within the sintered base, Indium crystals phase-change in order to absorb heat and “cool” the base. The result is that friction between base and snow is reduced. All you really need to know is that you go faster.

The new CFX OLS Binding has detailed refinements like a metallic maroon automotive finish on the baseplate and limited-edition graphics. Gold, silver, and black anodized slap ratchets add the final touches. Like the Gap 58, this binding is projected to hit the shelves of stores in December, 1999.

Zumiez Launches Zumiez.com Seattle area-based surf, skate, snow retailer Zumiez, Inc. unveiled its new Web site, www.zumiez.com, to complement its chain of 50 mall stores in nine U.S. states.

The site features youth lifestyle brands and a multitude of products such as young men’s and juniors apparel, skateboards, snowboards, footwear, and accessories. The site’s catalog has more than 400 products and interactive features that allow visitors to easily find products to suit their needs and bodies. The Snowboard Tarot will predict the best board for the customer based on their personal style of riding, shoe size, and weight. It then directs them to a store in their area to receive even more personalized service.

SOS Announces New Avalanche Beacon

Survival On Snow (SOS), a supplier of avalanche safety equipment, has completed development and testing on its new avalanche beacon system. The SOS SB avalanche beacon and SOS Sled Bug transmitter enables snowmobilers to search for buried avalanche victims and their snow machines. The SOS SB avalanche beacon differentiates itself because it can search on two different frequencies, 457 kHz and the SOS Sled Bug channel for snowmobiles.

SOS has also introduced its new Ultra Series line of lightweight equipment. The new Ultra Series probes and shovel scoops are built for high performance with lightweight materials. For more information on any of the products call: (780) 973-5412; or e-mail: www.sos-find.com.

Cinemaseoane Releases The Haakonsen Faktor Terje Haakonsen and Cinemaseoane have combined efforts to produce and release The Haakonsen Faktor. The film shows the riding of Haakonsen and friends (Craig Kelly, Bryan Iguchi, Michi Albin, Iker Fernandez, and Shaun White) filmed on location in New Zealand, Norway, and Japan. The Haakonsen Faktor contains the most progressive and lengthy footage of Haakonsen since Subjekt Haakonsen. For more information call Cinemaseoane at: (530) 550-8906.

New Online Retail Shop For Snowboarding Snowtraders.com, an online retail shop created for snowboarding, is launching this fall to offer the whole enchilada–gear for novices and experts, men and women. Snowtraders.com allows one-stop-shopping for all the essentials: boards, boots, bindings, outerwear, gloves, packs, and accessories. Some of the brand names available include Vans, Airwalk, Winterstick, and DaKine. Over e-mail, Snowtraders.com will be able to answer snowboarding questions about everything from appropriate board sizes to fitting outerwear.

The H2O Winter Classic Announces Dates For 2000 Event.

The annual event known as the H2O Winter Classic has been scheduled for February 11—13, 2000. This two-day crossover surf/snow event has brought together top surf and snow professionals, amateurs, and industry leaders for the past eight years. With the likes of Dave Downing, Bill Bryan, and Troy Eckert, past participants have set the standard for quality talent and a fun-filled weekend of surf and snow competition. The Friday surf contest will kick off the event, which will continue on through Saturday at the Huntington Beach Pier in Huntington Beach, California. Sundays snowboard competition will take place at Mountain High Resort in Wrightwood, California and will also include an on-snow festival and concert.

Rossignol Snowboards Unveils New Site

Rossignol is introducing its new Web site, www.rossignolsnowboards.com, to give riders an all-access pass to quick-feed product information and a place where they can actually communicate directly with Rossignol. The goal is to reach out to millions of snowboarders via the Web rather than print hundreds of thousands of catalogs. For those seeking straight-up information, there are multiple pages detailing the technology and performance benefits of each product in addition to in-depth bios on the team riders.

Clive World Headquarters Opens Clive, the space-age backpack, travel bag, and accessory brand, is pleased to announce that their new world headquarters have just been completed. The 90,000-sqP> The site features youth lifestyle brands and a multitude of products such as young men’s and juniors apparel, skateboards, snowboards, footwear, and accessories. The site’s catalog has more than 400 products and interactive features that allow visitors to easily find products to suit their needs and bodies. The Snowboard Tarot will predict the best board for the customer based on their personal style of riding, shoe size, and weight. It then directs them to a store in their area to receive even more personalized service.

SOS Announces New Avalanche Beacon

Survival On Snow (SOS), a supplier of avalanche safety equipment, has completed development and testing on its new avalanche beacon system. The SOS SB avalanche beacon and SOS Sled Bug transmitter enables snowmobilers to search for buried avalanche victims and their snow machines. The SOS SB avalanche beacon differentiates itself because it can search on two different frequencies, 457 kHz and the SOS Sled Bug channel for snowmobiles.

SOS has also introduced its new Ultra Series line of lightweight equipment. The new Ultra Series probes and shovel scoops are built for high performance with lightweight materials. For more information on any of the products call: (780) 973-5412; or e-mail: www.sos-find.com.

Cinemaseoane Releases The Haakonsen Faktor Terje Haakonsen and Cinemaseoane have combined efforts to produce and release The Haakonsen Faktor. The film shows the riding of Haakonsen and friends (Craig Kelly, Bryan Iguchi, Michi Albin, Iker Fernandez, and Shaun White) filmed on location in New Zealand, Norway, and Japan. The Haakonsen Faktor contains the most progressive and lengthy footage of Haakonsen since Subjekt Haakonsen. For more information call Cinemaseoane at: (530) 550-8906.

New Online Retail Shop For Snowboarding Snowtraders.com, an online retail shop created for snowboarding, is launching this fall to offer the whole enchilada–gear for novices and experts, men and women. Snowtraders.com allows one-stop-shopping for all the essentials: boards, boots, bindings, outerwear, gloves, packs, and accessories. Some of the brand names available include Vans, Airwalk, Winterstick, and DaKine. Over e-mail, Snowtraders.com will be able to answer snowboarding questions about everything from appropriate board sizes to fitting outerwear.

The H2O Winter Classic Announces Dates For 2000 Event.

The annual event known as the H2O Winter Classic has been scheduled for February 11—13, 2000. This two-day crossover surf/snow event has brought together top surf and snow professionals, amateurs, and industry leaders for the past eight years. With the likes of Dave Downing, Bill Bryan, and Troy Eckert, past participants have set the standard for quality talent and a fun-filled weekend of surf and snow competition. The Friday surf contest will kick off the event, which will continue on through Saturday at the Huntington Beach Pier in Huntington Beach, California. Sundays snowboard competition will take place at Mountain High Resort in Wrightwood, California and will also include an on-snow festival and concert.

Rossignol Snowboards Unveils New Site

Rossignol is introducing its new Web site, www.rossignolsnowboards.com, to give riders an all-access pass to quick-feed product information and a place where they can actually communicate directly with Rossignol. The goal is to reach out to millions of snowboarders via the Web rather than print hundreds of thousands of catalogs. For those seeking straight-up information, there are multiple pages detailing the technology and performance benefits of each product in addition to in-depth bios on the team riders.

Clive World Headquarters Opens Clive, the space-age backpack, travel bag, and accessory brand, is pleased to announce that their new world headquarters have just been completed. The 90,000-square-foot Clive World Headquarters Compound is located in Vista, California and features, in addition to offices and warehouse, a full-service library, mountain stream, skateboard park, rock climbing wall, and wide-open spaces. The Clive staff will be moving into their new facility in the middle of October and they just couldn’t be happier. Nearby retailers and industry people will be able to witness the Clive World Headquarters phenomenon firsthand soon. Others are able to visit Clive at: http://www.cliveyo.com. For further information regarding Clive call: 1-877-CLIVEYO.

Financial News

ASC Reports Fiscal Year-End Earnings American Skiing Company announced financial results for the 1999 fiscal year and fourth quarter ended July 25, 1999. For fiscal 1999, net loss available to common shareholders was 32.3-million dollars, or $1.07 per diluted share, compared with an adjusted pro forma loss of 5.5-million dollars, or $0.18 per diluted share for fiscal 1998. For fiscal 1999, total revenues were 317.1-million dollars compared with pro forma total revenues of $342.2-million in fiscal 1998. Resort revenue increased four percent for fiscal 1999 to 292.6-million dollars compared with 281.2-million dollars on a pro forma basis for the previous fiscal year. Real-estate revenue was 24.5-million dollars versus 61-million dollars in the prior fiscal year.

Total earnings from operations before interest, income taxes, depreciation, and amortization (EBITDA) was 40.6-million dollars for fiscal year 1999 versus 73.8-million dollars on a pro forma basis in the prior fiscal year. Resort EBITDA for this fiscal year was 42.9-million dollars versus 56.3-million dollars on a pro forma basis in fiscal 1998. Real estate EBITDA was a loss of 2.3-million dollars versus positive 17.4-million dollars in fiscal 1998. Fourth quarter net loss available to common shareholders was 22.5-million dollars for fiscal 1999, or a loss of $0.74 per diluted share, compared with a net loss of 19.7-million dollars, or $0.65 per diluted share, for the comparable three-month period in the prior year.

For the fourth quarter ended July 25, 1999, total revenues were18.1-million dollars compared with 24.8-million dollars reported for the comparable period last year. Resort revenue for the quarter was 14.7-million dollars versus 13.4-million dollars for the same quarter in 1998. Real-estate revenue for the quarter was 3.4-million dollars compared with 11.4-million dollars for the fourth quarter last year. Total EBITDA for the fourth quarter of fiscal 1999 was a loss of 22.7-million dollars versus a loss of 16.7-million dollars in the same quarter last year. Resort EBITDA for the quarter was a loss of19.8-million dollars, including approximately one-million dollars in non-recurring losses associated with the sale of assets, compared with a loss of 19.3-million dollars in the same period last year. Real-estate EBITDA was a loss of three-million dollars for the quarter, including 2.3-million dollars in non-recurring losses associated with the sale of real estate assets, versus a positive 2.5-million dollars for the same period in 1998.0-square-foot Clive World Headquarters Compound is located in Vista, California and features, in addition to offices and warehouse, a full-service library, mountain stream, skateboard park, rock climbing wall, and wide-open spaces. The Clive staff will be moving into their new facility in the middle of October and they just couldn’t be happier. Nearby retailers and industry people will be able to witness the Clive World Headquarters phenomenon firsthand soon. Others are able to visit Clive at: http://www.cliveyo.com. For further information regarding Clive call: 1-877-CLIVEYO.

Financial News

ASC Reports Fiscal Year-End Earnings American Skiing Company announced financial results for the 1999 fiscal year and fourth quarter ended July 25, 1999. For fiscal 1999, net loss available to common shareholders was 32.3-million dollars, or $1.07 per diluted share, compared with an adjusted pro forma loss of 5.5-million dollars, or $0.18 per diluted share for fiscal 1998. For fiscal 1999, total revenues were 317.1-million dollars compared with pro forma total revenues of $342.2-million in fiscal 1998. Resort revenue increased four percent for fiscal 1999 to 292.6-million dollars compared with 281.2-million dollars on a pro forma basis for the previous fiscal year. Real-estate revenue was 24.5-million dollars versus 61-million dollars in the prior fiscal year.

Total earnings from operations before interest, income taxes, depreciation, and amortization (EBITDA) was 40.6-million dollars for fiscal year 1999 versus 73.8-million dollars on a pro forma basis in the prior fiscal year. Resort EBITDA for this fiscal year was 42.9-million dollars versus 56.3-million dollars on a pro forma basis in fiscal 1998. Real estate EBITDA was a loss of 2.3-million dollars versus positive 17.4-million dollars in fiscal 1998. Fourth quarter net loss available to common shareholders was 22.5-million dollars for fiscal 1999, or a loss of $0.74 per diluted share, compared with a net loss of 19.7-million dollars, or $0.65 per diluted share, for the comparable three-month period in the prior year.

For the fourth quarter ended July 25, 1999, total revenues were18.1-million dollars compared with 24.8-million dollars reported for the comparable period last year. Resort revenue for the quarter was 14.7-million dollars versus 13.4-million dollars for the same quarter in 1998. Real-estate revenue for the quarter was 3.4-million dollars compared with 11.4-million dollars for the fourth quarter last year. Total EBITDA for the fourth quarter of fiscal 1999 was a loss of 22.7-million dollars versus a loss of 16.7-million dollars in the same quarter last year. Resort EBITDA for the quarter was a loss of19.8-million dollars, including approximately one-million dollars in non-recurring losses associated with the sale of assets, compared with a loss of 19.3-million dollars in the same period last year. Real-estate EBITDA was a loss of three-million dollars for the quarter, including 2.3-million dollars in non-recurring losses associated with the sale of real estate assets, versus a positive 2.5-million dollars for the same period in 1998.