Skullcandy Announces Participation in the 14th Annual ICR XChange Conference

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| Source: Skullcandy, Inc.

PARK CITY, Utah, Jan. 4, 2012 (GLOBE NEWSWIRE) -- Skullcandy, Inc. (Nasdaq:SKUL) today announced that the Company will be presenting at the 14th Annual ICR XChange Conference held at the Fontainebleau Hotel in Miami Beach, Florida on Thursday, January 12, 2012 at 11:05 am Eastern Standard Time. Jeremy Andrus, President and CEO, and Mitch Edwards, Chief Financial Officer, will host the presentation.

The audio portion of the presentation will be webcast live at www.skullcandy.com under the Investor Relations section. An archived replay will be available two hours after the conclusion of the live event.

About Skullcandy, Inc.

Skullcandy is a leading audio brand that reflects the collision of the music, fashion and action sports lifestyles. The Skullcandy brand and distinctive logo symbolize youth and rebellion and embody the company's motto "Every revolution needs a soundtrack." Skullcandy headphones feature the distinctive Skullcandy sound and leading-edge design. Skullcandy products are currently sold in the United States, as well as in more than 70 countries around the world and through its websites.

Forward-Looking Statements

Certain statements in this press release and oral statements made from time to time by representatives of the Company are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, statements regarding the year in which the transaction is accretive, and the Company's future expectations, beliefs or prospects, domestically or internationally, are forward-looking statements. These forward-looking statements are based on management's current expectations and beliefs, but they involve a number of risks and uncertainties that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including, but not limited to, the Company's ability to extend the recognition and reputation of its brand in Europe, to continue to develop innovative and popular products, to respond to changes in consumer preferences, to grow its international business and other factors that are detailed in the Company's registration statement on Form S-1, including the Risk Factors contained in the Company's registration statement, which is available at www.sec.gov. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

Media:
Alecia Pulman
203-682-8200


Investors:
John Rouleau
203-682-8200