Welcome!

News Feed Item

Cannondale Pro Cycling and Slipstream Sports Join Forces

EXCHANGES
TSX: DII.B, DII.A

WILTON, CT and BOULDER, CO, Aug. 20, 2014 /PRNewswire/ - Cannondale and Slipstream Sports, today jointly announced that Cannondale Pro Cycling SpA and Slipstream Sports will join forces in 2015.  Cannondale, a premium brand of Dorel Industries, Inc. (TSX: DII.B DII.A), will become a title sponsor and technical bicycle sponsor for the team and will take an ownership stake in the management organization of Slipsteam Sports LLC.  Slipstream Sports, the top American professional cycling organization dedicated to ethical sport and developing the next generation of champions, will manage the overall operations of the team. Garmin, a key partner of Slipstream Sports since 2008, will remain a significant sponsor of the team in 2015. More information, including the official team roster will become available in the fall.

"Cannondale is excited to team up with Slipstream to create the next evolution of Cannondale Pro Cycling with the most progressive and innovative team in the peloton," said Peter Woods, President and CEO, Dorel Recreational/Leisure. "Cannondale Pro Cycling athletes play a key role in testing our products in some of the most extreme conditions worldwide helping us to create the perfect ride for our consumers. We are thrilled about progressing our product development approach with the new Cannondale Pro Cycling while bringing exciting racing to our fans around the world."

"Slipstream Sports and Cannondale share key philosophies of a focus on innovation, developing the next generation of champions and a commitment to ethical sport," said Jonathan Vaughters, CEO of Slipstream Sports. "We are happy to work with another company, that, like Garmin, so closely shares our goals. We will be adding great talent to an already outstanding roster and we believe the team will build on past successes and will produce very exciting racing in 2015. We look forward to what we can achieve together, both on and off the road."

Cannondale has been involved with pro racing since 1997 when it became the technical sponsor of Saeco and the first US manufacturer to sponsor a European Pro Tour team.   Since Dorel acquired Cannondale in 2008, investments in pro racing have steadily increased and have enhanced the awareness of the Cannondale brand. In 2010, Cannondale became a co-sponsor of the Liquigas-Cannondale Team and became title sponsor and owner in 2013 with the creation of Cannondale Pro Cycling.

Since 2007, the team has won three Grand Tours including the Giro d'Italia in 2007 and 2010 as well as the Vuelta a España in 2010.  During that time, the team also won four Tour de France jerseys, including the 2009 Polka Dot Jersey and the Green Jersey in 2012, 2013 and at the just completed 2014 race, along with countless prestigious individual races.  Throughout this time, the team has ridden the race-proven line of Cannondale bikes including the SuperSix, Slice, Slice RS, Synapse and the "Best Bike in the World," the SuperSix EVO.

Founded in 2004, Slipstream Sports has evolved from a group of promising young U.S. riders to one of the top teams in the Pro Tour. Garmin came on board in 2008 and remains an important and significant sponsor of the team. Known for its commitment to innovation, for animating races around the world, and for its progressive anti-doping stance, Slipstream Sports has held the yellow jersey, won stages, including recently with Stage 19 in 2014, and won the Best Team competition at the Tour de France. Slipstream Sports has won the 2011 Paris-Roubaix, 2012 Giro d'Italia, 2013 Liege-Bastogne-Liege, and the 2014 Dauphine, and its riders have stood atop the podium on countless races across the globe.

To learn more, visit www.cannondale.com or www.slipstreamsports.com.

ABOUT CANNONDALE
Founded in 1971, Cannondale is a global industry leader with a strong heritage in design, development and manufacturing of high performance bicycles, apparel and accessories. With a reputation for continuous innovation and quality, Cannondale corporate headquarters is located in Wilton, Connecticut, USA, with offices in Brazil, Canada, Holland, Japan, Switzerland, Australia, United Kingdom, and Taiwan. For more information, visit www.cannondale.com.

Cannondale is a premium brand of Cycling Sports Group, part of Dorel Industries Inc. (TSX: DII.B, DII.A) a world class juvenile products and bicycle company. Dorel creates style and excitement in equal measure to safety, quality and value. The Company's lifestyle leadership position is pronounced in both its Juvenile and Bicycle categories with an array of trend-setting products. Dorel's powerfully branded products include global juvenile brands Safety 1st, Quinny, Maxi-Cosi, Bébé Confort and Tiny Love, complemented by regional brands such as Cosco and Infanti. In Recreational/Leisure, brands include Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and SUGOI.  Dorel's Home Furnishings segment markets a wide assortment of both domestically produced and imported furniture products, principally within North America. Dorel has annual sales of US$2.4 billion and employs approximately 6,400 people in facilities located in twenty-five countries worldwide

ABOUT SLIPSTREAM SPORTS
Founded in 2004, Slipstream Sports has evolved from a group of promising young U.S. riders to one of the top teams in the Pro Tour. Known for its commitment to innovation, for animating races around the world, and for its progressive anti-doping stance, Slipstream Sports has held the yellow jersey, won stages, including recently with Stage 19 in 2014, and won the Best Team competition at the Tour de France. Slipstream Sports has won the 2011 Paris-Roubaix, 2012 Giro d'Italia, 2013 Liege-Bastogne-Liege, and the 2014 Dauphine, and its riders have stood atop the podium on countless races across the globe.

SOURCE Dorel Industries Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, will explore the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences betwee...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
SYS-CON Events announced today that 24Notion has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. 24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to con...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
SYS-CON Events announced today the Docker Meets Kubernetes – Intro into the Kubernetes World, being held June 9, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Register for 'Docker Meets Kubernetes Workshop' Here! This workshop led by Sebastian Scheele, co-founder of Loodse, introduces participants to Kubernetes (container orchestration). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, participants learn ...
The initial debate is over: Any enterprise with a serious commitment to IT is migrating to the cloud. But things are not so simple. There is a complex mix of on-premises, colocated, and public-cloud deployments. In this power panel at 18th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists will look at the present state of cloud from the C-level view, and how great companies and rock star executives can use cloud computing to meet their most ambitious and disruptive business ...
The demand for organizations to expand their infrastructure to multiple IT environments like the cloud, on-premise, mobile, bring your own device (BYOD) and the Internet of Things (IoT) continues to grow. As this hybrid infrastructure increases, the challenge to monitor the security of these systems increases in volume and complexity. In his session at 18th Cloud Expo, Stephen Coty, Chief Security Evangelist at Alert Logic, will show how properly configured and managed security architecture can...
In his session at 18th Cloud Expo, Andrew Cole, Director of Solutions Engineering at Peak 10, will discuss how the newest technology advances are reducing the cost and complexity of traditional business continuity and disaster recovery solutions. Attendees will: Learn why having a full disaster recovery strategy is more important now than ever before Explore the key drivers of a successful disaster recovery solution Achieve measurable operational and business value from a disaster recovery ...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
When it comes to IoT in the enterprise, namely the commercial building and hospitality markets, a benefit not getting the attention it deserves is energy efficiency, and IoT's direct impact on a cleaner, greener environment when installed in smart buildings. Until now clean technology was offered piecemeal and led with point solutions that require significant systems integration to orchestrate and deploy. There didn't exist a 'top down' approach that can manage and monitor the way a Smart Buildi...
SYS-CON Events announced today that Hanu Software will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Leveraging best-in-class people, processes, and technologies, Hanu provides high-quality, high-value software development and business process outsourcing services to independent software vendors (ISVs) and enterprises.
SYS-CON Events announced today BZ Media LLC has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. BZ Media LLC is a high-tech media company that produces technical conferences and expositions, and publishes a magazine, newsletters and websites in the software development, SharePoint, mobile development and Commercial Drone markets.