By Press Release

October 31, 2000

Gloversville, NY --The Grandoe Corporation, makers of Grandoe ski and Stick It( snowboard gloves) has announced a personnel change in its Sports Glove Division. Joining the company in the newly created position of vice president sales and marketing -- sports gloves is Jeff Lee. According to Eric Friedman, president and CEO of Grandoe, �Jeff brings a special added dimension to our management team because of his unique 18-plus years of experience as both the president/CEO of his own sporting goods accessory company and as the president/CEO of a large manufacturer and global distributor of sports medicine and fitness products.�

Jeff Lee will report to Bill Quigley, corporate vice president of sales and marketing and work closely with him to extend Grandoe�s leadership position with the top retailers of sports gloves and accessories.

Bruce Barrows, former national sales manager -- sports gloves is pursuing other opportunities.

The Grandoe Corporation is one of the most diversified glove specialists in the world. Based in Gloversville, NY they have been handcrafting fine quality gloves for sport, leisure and dress for nearly 100 years.