EVANSVILLE, IN -- (MARKET WIRE) -- April 10, 2007 -- Daniel A. Messmer, age 53, President and
Chief Executive Officer of Escalade, Incorporated (NASDAQ: ESCA) died
suddenly on Monday, April 9, 2007. The cause of Mr. Messmer's death was an
apparent aneurysm.
"We are all shocked and saddened by the unexpected passing of Mr. Messmer,"
said Terry Frandsen, Chief Financial Officer of Escalade. "Our thoughts
and condolences are with Dan's family at this difficult time. His
leadership and friendship will be greatly missed."
Mr. Messmer served as Escalade's President and Chief Executive Officer
since August 2006. He was also serving as the President of Escalade's
office products subsidiary, Martin Yale, a position he held since 2005.
Mr. Messmer first joined Escalade Sports in 1976 and served as its
President from 1996 until April 2005.
Escalade is a quality manufacturer and marketer of sporting goods and
office/graphic arts products sold worldwide. To obtain more information on
the Company and its products, visit our website at: www.EscaladeInc.com or
contact Terry Frandsen, Vice President and CFO at 812/467-1334.
Statements in this press release that are not historical facts are
forward-looking statements that involve risks and uncertainties. These
risks and uncertainties include, but are not limited to, risks relating to
changes to our management team, the continuation and development of key
customer and supplier relationships, integration of acquired businesses and
other risks identified under the caption "Risk Factors" in our most recent
Annual Report on Form 10-K, and in subsequent Quarterly Reports on Form
10-Q, which are filed with the Securities and Exchange Commission. Copies
of these filings are available from the Company and on the SEC's website at
www.sec.gov. Actual results, events and performance may differ materially
from our forward-looking statements. We caution you not to place undue
reliance on these forward-looking statements, which speak only as of the
date hereof. Escalade undertakes no obligation to update or revise any
forward-looking statements after the date hereof.
Contact Information: Contact:
Terry Frandsen
Vice President and CFO
812/467-1334