FOR IMMEDIATE RELEASE

Cannondale Sports Group Pledges $200,000 to Bikes Belong

Bethel, Conn. – July 01, 2008 – During the recent Bikes Belong board meeting, Cannondale Sports Group (CSG) President and CEO Jeff Frehner pledged an additional $200,000 to support Bikes Belong and its mission to get more people riding bicycles more often. This contribution will be an annual donation of up to $200,000—in addition to membership dues—that will begin in July 2008. It is another step in CSG’s commitment to strengthen the bicycling community through advocacy.

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