--Strategic Partnership Deals Designed to Further Position Under Armour as a Leader in the Sporting Goods Market on an International Level--
BALTIMORE, MD (July 25, 2006) - Under Armour, Inc. (NASDAQ: UARM), a leading developer, marketer and distributor of branded performance apparel, footwear and accessories, today announced that it has signed a series of agreements with key international master agents and distributors to manage the distribution of Under Armour products on a global level. These strategic partnerships are designed to service local retailers' demand for Under Armour products to help sustain Under Armour's continued growth throughout international territories. The terms of each agreement provide for distribution rights of Under Armour in the following countries:
"Under Armour's international expansion is a key component of our long-term growth strategy for the brand," said Ryan Wood, President of Under Armour Europe B.V. "By partnering with these key distributors and master agents, we are confident that Under Armour will continue to further its position as a world leader within the premium sporting goods industry."
About Under Armour Under Armour® (NASDAQ: UARM) is a leading developer, marketer and distributor of branded performance apparel, footwear and accessories. The brand's moisture-wicking synthetic fabrications are engineered in many different designs and styles for wear in nearly every climate to provide a performance alternative to traditional natural fiber products. The Company's products are sold worldwide and worn by professional football, baseball, and soccer players, as well as athletes in major collegiate and Olympic sports. The Under Armour European headquarters is located in Amsterdam's Olympic Stadium, and its global headquarters is located in Baltimore, MD. For further information, please visit the Company¹s website at www.underarmour.com.
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