NEW BALANCE acquires
BRINE
BOSTON, August 8, 2006 - New Balance announced today
it had acquired Brine, Inc., a recognized industry leader in soccer,
lacrosse, field hockey and volleyball, based in Milford, MA.
"Brine's history of manufacturing high-performance team sports
products will enable us to broaden our offerings at the global
level," says Jim Davis, Chairman and CEO for New Balance.
"Brine's motto "Find Your Game," speaks directly
to their long-standing support of game improvement products and
programs, and fits in well with New Balance's philosophy of promoting
personal athletic achievements."
Brine, Inc. is the successor to the original W.H. Brine Company
founded in 1922.
New Balance, headquartered in Boston, MA, is a leading manufacturer
of technologically innovative width-sized performance footwear
and athletic apparel for women, men, and children. The range of
product categories includes running, walking, training, basketball,
tennis, cleated and kids. New Balance employs more than 2,800
people around the globe, and in 2005 reported worldwide sales
of $1.54 billion. For more information please visit http://www.newbalance.com