STEARNS INC. ACQUIRES LEADING INFLATABLE PRODUCTS COMPANY For Immediate Release: St. Cloud, MN. Stearns Inc., leading manufacturer of watersports and outdoor products, is pleased to announce the acquisition of Sevylor Inc. Founded in 1948, Sevylor is the market leader in unique and innovative inflatable products. These products include the Fish Hunter, Colorado Canoe, Tahiti series of inflatable watercraft, and the Ski Bob and Ski Biscuit, which started the towable revolution in the 1980’s. “For almost 60 years, Sevylor products have been a part of wonderful days on the water for people around the world, according to Paul Ebnet, President of Stearns. Stearns is excited to continue Sevylor’s tradition of offering innovative, high-quality products.” In addition to Sevylor, Stearns has added Hodgman, to its product lines in the past year. “We are looking forward to Sevylor products adding to our sales momentum worldwide,” commented Ebnet. 1. Quality 2. Tradition 3. Superior Products, and 4. Service When you hear the name, Stearns, you know the quality, industry-leading innovation and outstanding brand recognition we have to offer. Our keen eye for trendy fashions has set the pace for more than 60 years. Stearns does more to earn outstanding brand recognition and customer loyalty. The Stearns® name means water safety more than any other in the industry. Stearns Inc., is a K2 Inc. company, a premier, branded consumer products company with a portfolio of leading brands. | 
