Polaris CEO
Claims Victory
Tiller's Challenge
Goes Unanswered
Minneapolis, MN (10/27/06) - After granting
a last chance extension to his original challenge of a
live, head-to-head competition to settle who really has
the toughest ATVs, Polaris CEO Tom Tiller today claimed
an uncontested victory.
"After granting an extension and issuing several
requests to participate, the other manufacturers' CEOs
have either declined or not responded at all,"
said Tiller. "Regardless of the reason, I'm disappointed
the other CEOs would not accept my challenge. Their
unwillingness to participate proves only one company
makes the world's toughest ATVs...and that company is
Polaris."
Tiller issued his challenge on October 9 via a letter
to the CEOs of Honda, Suzuki, Yamaha, Kawasaki, BRP
and Arctic Cat. After not getting any of the manufacturers
to accept by the October 20 deadline, Tiller extended
the invitation to October 24 and also sweetened the
pot by offering a special prize for "The Duel's"
winner. The prize was a $10,000 donation through Polaris'
T.R.A.I.L.S grant program to the non-profit ATV organization
of the winner's choice. Since none of the CEOs accepted
Tiller's challenge, Polaris will donate the $10,000
to an organization to be named later.
"I wanted to give the CEOs every opportunity to
respond," said Tiller. "I apologize to all
the riders out there who were looking forward to 'The
Duel.' No rider wanted it more than I did."
About Polaris:
With annual 2005 sales of $1.9 billion,
Polaris designs, engineers, manufactures and markets
snowmobiles, all-terrain vehicles (ATVs), Victory motorcycles
and the Polaris RANGER for recreational and utility
use.
Polaris is a recognized leader in
the snowmobile industry; and one of the largest manufacturers
of ATVs in the world. Victory motorcycles, established
in 1998 and representing the first all-new American-made
motorcycle from a major company in nearly 60 years,
are rapidly making impressive in-roads into the motorcycle
cruiser marketplace. Polaris also enhances the riding
experience with a complete line of Pure Polaris apparel,
accessories and parts, available at Polaris dealerships.
Polaris Industries Inc. trades on
the New York Stock Exchange and Pacific Stock Exchange
under the symbol "PII," and the Company is
included in the S&P Small-Cap 600 stock price index.
Information about the complete line
of Polaris products, apparel and vehicle accessories
is available from authorized Polaris dealers or anytime
from the Polaris homepage at www.polarisindustries.com
.
www.polarisindustries.com
2100 Highway 55
Medina, MN 55340
(763) 417-8650
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