CROX Crocs Inc

Crocs, Inc. (NASDAQ: CROX) today announced that its initial public offering of 9,900,000 shares of common stock has been priced at $21.00 per share. Crocs, Inc. is offering 4,950,000 shares of common stock and selling stockholders are offering the remaining 4,950,000 shares. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,485,000 shares at the initial public offering price to cover over-allotments. The Company will not receive any of the proceeds from the sale of shares by the selling stockholders. Crocs, Inc. common stock will be listed on the NASDAQ National Market under the symbol "CROX." Piper Jaffray and Thomas Weisel Partners LLC are serving as joint book runners with SG Cowen & Co., BB&T Capital Markets, D.A. Davidson & Co. and Wedbush Morgan Securities serving as co-managers for the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state. Any offer or sale will be made only by means of the written prospectus forming a part of the effective registration statement. A copy of the final prospectus related to this offering may be obtained by calling the Prospectus Department at Piper Jaffray, 800 Nicollet Mall, Minneapolis, MN 55402 toll-free at (877) 371-5212. About Crocs, Inc. Crocs, Inc. is a rapidly growing designer, manufacturer and marketer of footwear for men, women and children under the CROCS brand. All of the Company's footwear products incorporate its proprietary closed-cell resin material, which the Company believes represents a substantial innovation in footwear comfort and functionality. The Company's proprietary closed-cell resin, which it refers to as Croslite(TM) enables Crocs to produce a soft and lightweight, non-marking, slip - and odor-resistant shoe. These unique properties make the Company's footwear ideal for casual wear, as well as for recreational uses such as boating, hiking, fishing and gardening, and have enabled Crocs to successfully market its products to a broad range of consumers. CROCS come in a wide array of colors and styles are sold in more than 6,500 North American retail locations and at the Company's e-tailing website, www.CROCS.com.