World Outfitters reaches distribution agreement with Gander Mountain

    BLAINVILLE, QC, Oct. 24 /CNW/ - World Outfitters Corporation ("World
Outfitters" or the "the Corporation") (TSX-V: SAF), a leading sports
outfitter, has signed a partnership agreement with Gander Mountain Company to
distribute the Hunt In-A-Box concept with the aim of increasing sales of its
caribou hunting product. This innovative concept was unveiled yesterday at an
event to mark the completion of the initial public offering of World
    "We're very proud to be associated with a name so well known in the
United States in the field of hunting and fishing. This agreement will
definitely make it possible for us to continue expanding our caribou-hunt
sales while positioning us to introduce new products into a vast network,"
said Nicolas Laurin, President and Chief Executive Officer of World
Outfitters. "With the introduction of the Hunt In-A-Box concept, we once again
prove our capacity to innovate in order to reach an ever-growing clientele.
This concept is in addition to our guarantee of one caribou per hunter, an
offer unique in the industry.
    Hunt In-A-Box is a product that pulls together all of the tools needed to
prepare for a caribou hunt, including videos, a list of elements to plan for,
maps and insurance as well as promotional items such as discount coupons, a
cap, etc.

    About Gander Mountain Company

    Gander Mountain Company (Nasdaq:   GMTN), headquartered in Saint Paul,
Minnesota, is the nation's largest retail network of stores for hunting,
fishing, boats, camping, marine, and outdoor lifestyle products and services.
Since 1960, the Gander Mountain brand has offered an expanding assortment of
competitively priced outdoor equipment, technical apparel and footwear, as
well as gunsmith, archery, ATV and marine services. The stores feature
national, regional and local brands as well as the company's owned brands.
Focused on a "We Live Outdoors(R)" culture, Gander Mountain dedicates itself
to creating outdoor memories. There are currently 115 Gander Mountain outdoor
lifestyle stores in 23 states.

    About World Outfitters Corporation

    As a leading sports outfitter, World Outfitters Corporation's mission is
to provide first-class hunting and fishing trips. In order to become a world
leader in its field, the Corporation is consolidating its position by
acquiring companies based in Northeastern Quebec operating in its line of
business. It intends to rely on recognition of its brand in order to develop
its activities worldwide.

    Forward-Looking Statements

    Certain statements included herein, including those that express
management's expectations or estimates of our future performance, constitute
"forward-looking statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of estimates
and assumptions that, while considered reasonable by management at this time,
are inherently subject to significant business, economic and competitive
uncertainties and contingencies. We caution that such forward-looking
statements involve known and unknown risks, uncertainties and other risks that
may cause our actual financial results, performance, or achievements to be
materially different from our estimated future results, performance or
achievements expressed or implied by those forward-looking statements. This
list is not exhaustive of the factors that may affect any of our
forward-looking statements. Investors are cautioned not to put undue reliance
on forward-looking statements. All subsequent written and oral forward-looking
statements attributable to World Outfitters Corporation or persons acting on
our behalf are expressly qualified in their entirety by this notice. We
disclaim any intent or obligation to update publicly these forward-looking
statements, whether as a result of new information, future events or
otherwise. Risks and uncertainties about our business are more fully discussed
in our Prospectus.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    %SEDAR: 00024407EF

For further information:

For further information: Nicolas Laurin, President and Chief Executive
Officer, World Outfitters Corporation, (450) 971-1800; Danielle Ste-Marie, The
Equicom Group Inc., (514) 844-6064,

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