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Sewell, New Jersey, October 6, 2007On Friday, an article appeared in the New York Times regarding a lawsuit that Mr. Contois would be bringing against KEE Action Sports for failure to abide by a settlement agreement relating to an unfortunate and tragic incident that occurred in California in February, 2004. First and foremost, we extend our deepest sympathies to Mr. Contois and his family for their loss. When KEE Action Sports purchased certain assets of National Paintball Supply in November 2006, we were advised by National Paintball Supply and its owner, Mr. Eugenio Postorivo, that the lawsuit with Mr. Contois had been settled. Pursuant to our agreement, Mr. Postorivo represented that all obligations to Mr. Contois had been satisfied and National Paintball Supply retained all liability with respect to the Contois matter, including all obligations under the settlement agreement, an agreement to which KEE was not a party. KEE Action Sports is committed to ensuring the safety of our sport and industry. We have reached out to Mr. Contois to determine how we might work together to advance our shared goals.
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