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Non-Tech : OAKLEY- NYSE:OO

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To: Jim Goodman who wrote (398)4/23/1997 9:02:00 AM
From: ROCK   of 1383
 
Some news JIM



Oakley successful in major counterfeit operation bust

FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--April 23, 1997--In its ongoing effort to identify
and prosecute criminal counterfeiting activity, Oakley Inc Wednesday announced it has successfully
uncovered a major counterfeit operation in Carson, Calif.

The company said the magnitude of the raid, including the seizure of counterfeit product and equipment
and the arrest of the operation owner on felony charges, makes it the company's most significant
anti-counterfeiting outcome to date.

On April 17, 1997, search warrants were served on five Carson locations resulting in the seizure of a
large supply of counterfeit Oakley items and computerized embroidery machines, printing equipment
and other manufacturing machinery used in the production of counterfeit sunglasses, apparel and
packaging. The items and the equipment seized have a total estimated value of $10 million. The
counterfeit operation was exposed by the company in cooperation with private investigators and the
City of Carson Sheriff's office.

"We are very proud that the lead for this investigation was generated by Oakley only six weeks ago.
Our success again exemplifies our vigilant efforts to protect the integrity of Oakley's reputation for
quality products that we have worked so hard to earn," said Jim Jannard, chairman and president of
Oakley.

Oakley is a designer, manufacturer and distributor of high-performance eyewear.

CONTACT: Link Newcomb
Chief Operating Officer
or
Renee Law
Corporate Communications Manager
714/951-0991
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