SETTING THE RECORD STRAIGHT - GOODE IS ALIVE & WELL

Waterford, Mich., October 9, 1998 -- Dave Goode, President and Founder of GOODE Ski Technologies, the world's leading manufacturer of CARBON Composite water skis, made an announcement today to dispel rumors.

"I thought it important to let you know that there are some negative rumors circulating within the water ski industry about our company and products. Let me assure you that they are unfounded and not true. GOODE water skis continue to dominate tournament water skiing. The water ski industry is very competitive, and with GOODE's #1 position in market share for tournament water skis, the competition is always hopeful we'll stumble.", GOODE said.

"The 'Wakeboard & Waterski Expo', an industry trade show, concluded about one month ago and the rumormongers are at it again. Some individuals are spreading misinformation and propagating myths about GOODE Ski Technologies. As president and founder of GOODE, I'd like to dispel these myths and rumors by providing you with the facts:

FACT: GOODE is #1 in Performance. Since the recent introduction of the GOODE 9200, demand for our skis has never been better. GOODE water skis have been accepted very well in the tournament water ski market. Our skis hold both the Men's and Women's World Records. Nearly 75% of the 1,000 competitors at the '98 U.S. Nationals skied on GOODE skis. GOODE skis finished first place in 17 out of 18 slalom divisions at the recent U.S. Nationals.

FACT: GOODE Ski Technologies is Very Healthy Financially. While water skis are an important aspect of our product mix, they acount for only a small percentage of GOODE's annual revenue. Most of our revenue is derived from our patented CARBON Composite ski poles. Our ski poles are sold worldwide and GOODE is the worldwide market leader in composite poles.

FACT: GOODE Skis are Durable. We just concluded our fifth year with our skis on the water, and they are holding up well. There was an isolated foam problem with some of the 9100's built in June of 1997. This was corrected immediately and we stand behind all of the skis we manufacture.

FACT: GOODE Technology Center in Orlando Changes Directors. Steve Schnitzer is no longer our director of skiing. Our staff, however, will continue to offer state-of-the-art training. Kreg Llewellyn, who is ranked #2 in the world overall, is our interim director. We are currently seeking a new director. My staff and I look forward to hosting many more guests in the years to come."

"It is unfortunate that many rumors are believed to be fact", adds GOODE. "Each year I hear unfounded rumors. Some make me laugh, but when they affect people's perception of our organization, it is no longer funny. I accept that such rumors and myths are part of the competative business world. Nevertheless, when misinformation concerns my current and potential customers, it's necessary to set the record straight. "

U.S. OLYMPIC DOWNHILL SKIER A.J. KITT TO COMPETE WITH GOODE SKI POLES

Livonia, Mich., February 4, 1998 -- GOODE Ski Technologies, the world's leading manufacturer of composite alpine ski poles, announced that U.S. Ski Team member A.J. Kitt will compete with GOODE ski poles in the Men's Downhill and Super G at the upcoming Winter Olympics in Nagano, Japan.

"We're excited that A.J. Kitt will be competing with GOODE ski poles in the Winter Games," says president Dave Goode, a former member of the U.S. Ski Team. "Our carbon fiber poles, assembled in Livonia, Michigan, are probably the lightest and most aerodynamic in the world. GOODE ski poles have been successfully used by competitors on the World Cup Circuit and World Pro Ski Tour."

GOODE Ski Technologies is the world's leading manufacturer of carbon composite snow and water ski equipment. It is the leader in the production of composite ski poles. The company also manufactures carbon composite snow and water skis, along with a full-line of accessories. GOODE Ski Technologies is a member of the U.S. Ski Team Alpine Pool, the Professional Ski Instructors of America (PSIA) and the American Water Ski Association (AWSA).

GOODE SKI TECHNOLOGIES OPENS TECHNOLOGY CENTER IN ORLANDO, FLORIDA

Grand Opening Ribbon Cutting - January 15, 1998

Dave Goode

Livonia, Mich., January 15, 1998 -- Goode Ski Technologies, the world's leading manufacturer of carbon composite snow and water ski products, today celebrates the opening of its new Goode Technology Center in Orlando, Florida with a ribbon cutting ceremony. "The opening of the Goode Technology Center further exemplifies our commitment to the sport of water skiing," says Dave Goode, president and founder. "With the help of our director, we've developed a year-round water skiing training center designed to improve the skills of all of our customers. The 80-acre site includes three record capable lakes and a comfortable clubhouse to make our guests feel at home. Our state-of-the-art Training Center will exclusively utilize ski boats from our sponsor- MasterCraft. We'll also use 'Flo-Motion', a digital video and stress analysis system specifically designed for the study and advancement of water skiing."

OPENING OF GOODE TECHNOLOGY CENTER

Visitors to the Goode Technology Center can receive instruction in slalom, trick, jump skiing and wakeboarding. The site is located about a fifteen-minute drive east of downtown Orlando at 19452 East Colonial Drive. Adds Goode, "Our pure carbon fiber water ski currently holds both the men's and women's world water ski records. Last August, skiing on a Goode 9100, Jeff Rodgers set a new world record on rounding 1 buoy @ 43' off (a 75 foot towline shortened by 43 feet). The opening of our Goode Technology Center fits in nicely with our mission, providing products and services with unmatched innovation, performance and quality. The Technology Center will give both potential customers and current customers the ability to try our products, and take their skiing to the next level. And what better place to do that than in Orlando, Florida, the water ski capital of the world." Goode Ski Technologies is the world's leading manufacturer of carbon composite snow and water ski products. It is a leader in the production of composite snow ski poles. The company is a member of the American Water Ski Association (AWSA), U.S. Ski Team Alpine Pool and the Professional Ski Instructors of America (PSIA). For more information, contact Goode at 888-GO-GOODE or send email to goode@goode.com.