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CROCS registers statement for proposed IPO of common stock

16
Aug '05
Footwear maker CROCS Inc announced it has filed a registration statement with the Securities and Exchange Commission for the initial public offering of its common stock. The offering will include shares sold by CROCS and by certain of its stockholders. Piper Jaffray & Co. and Thomas Weisel Partners LLC will be joint book-running managers for the offering. SG Cowen & Co. will be co-manager for the offering.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to this offering may be obtained from Piper Jaffray & Co., 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402.

CROCS is a designer, manufacturer and marketer of footwear for men, women and children under the CROCS brand. From 2003-2004 Crocs focused on accommodating the remarkable growth while maintaining control. They expanded their product line, added warehouses and shipping programs for speedy assembly and delivery, hired a senior management team and acquired Foam Creations. Today, Crocs are available all over the world and on the internet as they continue to significantly expand all aspects of the business.

CROCS Inc


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