BowTech and Escalade Sports Reach Agreement

Eugene, OR (July 9, 2004) – BowTech and Escalade Sports have reached an agreement to cross license their respective technology. This agreement settles a dispute over the viability and/or infringement issues of both companies’ patents while opening the door to the sharing of future technologies. Both BowTech and Escalade Sports look forward to the future and the opportunities that a working relationship can bring.

Dan Messmer, President of Escalade Sports comments, "We are pleased to have reached a cross license agreement with BowTech. The single cam bow innovation exemplifies our commitment to improving the archers experience and performance. We believe BowTech has successfully marketed and reinforced the importance of this technology in the industry."

“Escalade shares BowTech’s commitment toward the continued innovation and technological advancement of archery”, stated John Strasheim, CEO and President of BowTech, “we are pleased to have reached an agreement that aligns us in that quest.” 

Escalade® Sports (www.escaladesports.com) manufactures and distributes a full line of archery equipment under the Fred Bear, Jennings and Satellite Brands as well as a full line of indoor and outdoor sporting goods products.

BowTech®, (www.bowtecharchery.com), manufacturer and distributor of the world’s finest compound bows and archery equipment, was founded in 1999 by CEO, John Strasheim and VP of Research and Development, Kevin Strother. Currently the fourth largest bow company in the world, BowTech is the fastest growing bow company in history, increasing annually from its first model year in 2000. 

© 2004 BowTech