PORTLAND, Ore., Feb. 2 /PRNewswire-FirstCall/ -- LaCrosse Footwear, Inc. , a leading provider of branded work and outdoor footwear for expert users, announced a new line of LaCrosse leather hunting boots created and promoted in conjunction with Realtree(R) Camouflage. After years supplying premium quality rubber hunting footwear, LaCrosse is focused on becoming the leader in leather hunting footwear as well.
LaCrosse and Realtree have combined their expertise to co-design boots to better serve the needs of hunters in the field. In addition to Realtree's distinctive camouflage exterior, these new boots have outstanding technical merits. LaCrosse's innovative Quad Comfort(R) outsole system, with proven performance on work sites across the U.S., is featured in a hunting boot for the first time. The new boot line also incorporates GORE-TEX(R), the original waterproof, breathable membrane, and Thinsulate(TM) Ultra Insulation to keep hunters warm and dry season after season.
"Our new partnership with Realtree provides a powerful combination of superior design, high performance components and trusted brand names among hunters," said Joseph P. Schneider, President and CEO. "Leveraging the strengths and market presence of both LaCrosse and Realtree, we expect the new leather hunting line will have a powerful appeal to our target consumer."
About LaCrosse Footwear
LaCrosse Footwear is a leading developer and marketer of branded, premium and innovative footwear for expert work and outdoor users. The Company's trusted Danner(R) and LaCrosse(R) brands are distributed domestically through a nationwide network of specialty retailers and distributors, and internationally through distributors in Asia and Europe. Work customers include people in law enforcement, agriculture, firefighting, construction, industry, military services and other occupations that need high-performance and protective footwear as a critical tool for the job. Outdoor customers include people active in hunting, outdoor cross training, hiking and other outdoor recreational activities. For more information about LaCrosse Footwear products or to locate a dealer, please visit our Internet websites at http://www.lacrossefootwear.com/, http://www.danner.com/, http://www.firetechboots.com/ and http://www.lacrossesafety.com/. For additional investor information, see our corporate website at http://www.lacrossefootwearinc.com/.
Forward-Looking Statements
This press release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that forward-looking statements such as statements of the Company's anticipated sales and earnings are dependent on a number of factors that could affect the Company's operating results and could cause the Company's actual future results to differ materially from any results indicated in this release or in any forward-looking statements made by, or on behalf of the Company. These factors include, but are not limited to:
-- Foreign-sourced products and concentrations of currency, political, and
intellectual property risks, primarily in China.
-- Commodity price increases including: rubber and petroleum. Price
increases will affect transportation costs, footwear component costs,
and ultimately product costs.
-- Consumer confidence and related demand for footwear, including work and
outdoor footwear.
-- Weather and its impact on the demand for outdoor footwear.
-- Dealer inventory levels, and related sell through of products.
-- Consolidation of the retail customer base.
-- Continued funding to sustain the expansion of retailer store growth.
-- Company inventory levels, including inventory levels required for
foreign-sourced product and the related need for accurate forecasting
and the limited ability to resupply dealers for fill-in orders for
foreign-sourced product.
-- Potential problems associated with the manufacture, transportation and
delivery of foreign-sourced product.
-- United States and/or foreign trading rules, regulations and policies,
including export/import regulations, duties, and regulations affecting
manufacturers and/or importers.
-- General domestic economic conditions, including interest rates and
foreign currency exchange rates.
-- Uncertainties related to new product development and innovation and
acceptance in the marketplace of such products.
-- The potential for dealers and distributors to source product directly.
The Company cannot provide any assurance that future results will meet expectations. Results could differ materially based on various factors, including Company performance and market conditions. In addition, historical information should not be considered an indicator of future performance. Additional factors may be detailed in LaCrosse Footwear's Annual Report on Form 10-K for the year ended December 31, 2004. The Company has no obligation to update or revise forward-looking statements to reflect the occurrence of future events or circumstances.
