Headline of release should read: Jibbitz, LLC Wins $1.8 Million Judgment for Intellectual Property Infringement (sted Jibbitz, LLC Wins $1.8 Million Judgment for Patent Infringement). Also, first graph, first sentence should read:�Crocs, Inc. (NASDAQ: CROX) announced today that its wholly owned subsidiary, Jibbitz, LLC, prevailed in its Federal copyright and trademark infringement case against defendant Joinworld Industrial & Trading Limited and its principals (sted prevailed in its Federal patent infringement case). The corrected release reads: JIBBITZ, LLC WINS $1.8 MILLION JUDGMENT FOR INTELLECTUAL PROPERTY INFRINGEMENT Crocs, Inc. (NASDAQ: CROX) announced today that its wholly owned subsidiary, Jibbitz, LLC, prevailed in its Federal copyright and trademark infringement case against defendant Joinworld Industrial & Trading Limited and its principals. The Court awarded damages in the amount of $1.8 million in addition to attorneys fees and other costs. The United States District Court, District of Nevada found, among other things, that Jibbitz has developed creative and original designs for its shoe charms, Jibbitz owns all right, title and interest in its shoe charm designs, including all copyright rights therein, and the served defendants have a history of infringing on Jibbitz copyrighted works, including offering more than 60 infringing copies of certain copyrighted works for sale. Jibbitz initially filed suit on this matter on January 29, 2007. Ron Snyder, President and Chief Executive Officer of Crocs, Inc., commented, �We are gratified by the Court�s decision and particularly pleased with its clear findings regarding the strength of Jibbitz� copyrights. We are deeply committed to protecting our intellectual property and trademarks, and we will continue to take any necessary actions to defend our position in the marketplace.� About Crocs, Inc: Crocs, Inc. is a rapidly growing designer, manufacturer and retailer of footwear for men, women and children under the Crocs� brand. All Crocs� brand shoes feature Crocs� proprietary closed-cell resin, Croslite�, which represents a substantial innovation in footwear. The Croslite� material enables us to produce soft, comfortable, lightweight, superior-gripping, non-marking and odor-resistant shoes. These unique elements make Crocs� footwear ideal for casual wear, as well as for professional and recreational uses such as boating, hiking, hospitality and gardening. The versatile use of the material has enabled us to successfully market our products to a broad range of consumers. In 2006, the company acquired Jibbitz, LLC, a unique accessory brand with colorful snap-on products specifically suited for Crocs shoes. Today, more than 1,100 Jibbitz designs are available to consumers for personalizing and customizing their Crocs� footwear. Crocs� are sold in more than 80 countries and come in a wide array of colors and styles. Please visit www.crocs.com for additional information.
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