Temporary Order Would Prevent Yakima from Manufacture and Sale of Certain Cargo Carriers

Seymour CT., November 17,2003; Thule, Inc., announced that Yakima Products, Inc., has agreed to a preliminary injunction to enjoin from the manufacture, use, offers to sell, sales or importation of its Blacktop, Platinum Pro and any other dual-side opening cargo carrier products that feature Yakima’s present strut. The injunction was entered by the Court Friday, November 7, 2003.

The agreed preliminary injunction to be entered in the U.S. District Court for the District of Connecticut, enjoins Yakima’s alleged infringement while the current suit, Thule, Inc v. Yakima Products, Inc., is pending. The trial for the case is set for July 2004.

“We are very pleased that Yakima has agreed to an injunction,” said Fred Clark, President of Thule. “We take a lot of pride in our intellectual properties and patented technologies and feel as strongly about protecting them.”

Under the injunction, Yakima will be allowed to ship existing Platinum and Blacktop products until December 15, 2003.

“We’ve agreed to let Yakima continue shipment of these boxes until mid December so that dealers and consumers are not inconvenienced during the Holiday season,” added Clark.

Thule is the largest US manufacturer of sports racks and luggage carriers, including its EVOLUTION and CASCADE series of popular rooftop mounted luggage carriers.

Thule, Inc., a wholly owned subsidiary of Thule Group, develops, manufactures, and markets load carrier systems for vehicle owners worldwide. Thule is the only major US manufacturer of car rack products, with 90 percent of Thule US products produced in the company’s Seymour, Connecticut and Chicago, Illinois facilities. Thule’s product line features multi-purpose roof racks, roof top boxes, rear mount racks, and accessories for outdoor equipment including bikes, skis, snowboards, kayaks, canoes, and surfboards. For more information visit www.thuleracks.comwww.thuleracks.com