Pony Names Kevin Wulff as Chief Executive Officer

    SAN DIEGO, March 21 /CNW/ -- Pony International LLC (Pony) today
announced the appointment of Kevin Wulff as its Chief Executive Officer.
    (Logo:  http://www.newscom.com/cgi-bin/prnh/20070222/LATH093LOGO )
    Mr. Wulff is an experienced athletic footwear industry executive, who
most recently served as President and C.E.O. of American Sporting Goods, where
he led a successful restructuring of the company and repositioning of its
brands. Earlier, Mr. Wulff held several senior positions at Nike Inc.,
including as President of Nike Canada and Sr. Vice President/General Manager
-- USA.  He also served as the Chairman and C.E.O. of the Women's Tennis
    Mr. Wulff commented, "I am excited by the opportunity to lead this
extraordinary company with its strong global sports heritage.  Pony is one of
the few athletic footwear brands that has successfully outfitted world class
athletes across a broad spectrum of competitive disciplines, including
basketball, football, soccer, baseball, boxing and gymnastics to name a few. I
look forward to rebuilding Pony to its former glory, while also looking at
strategic alliances to grow and compliment the Company."
    Pony's outgoing C.E.O., Jim Stroesser, stepped down, as previously
planned, to pursue other opportunities.
    In transactions completed in April, 2006, Infinity Associates LLC and
Symphony Holdings Ltd. acquired 100% of Pony International.  California based
Infinity Associates and Hong Kong based Symphony Holdings have teamed up in
previous acquisitions, including Converse Inc. in 2001.

    Pony was founded in 1972 and quickly became one the most distinctive
sports brands in the world.  Among the many athletes who wore Pony shoes were
Pele, Muhammad Ali, George Foreman, David Thompson, Darryl Dawkins, Spud Webb,
Dan Marino, Lawrence Taylor, Reggie Jackson, and Tracy Austin.  Pony is a
designer, distributor, and marketer of high performance and casual athletic
footwear and apparel for men, women, and children utilizing the tagline of
"Pony Up."

For further information:

For further information: Kevin Wulff, C.E.O. of Pony International LLC, 

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