SKUL Skullcandy, Inc. (MM)

Skullcandy, Inc. (Nasdaq:SKUL), a leading performance lifestyle audio brand, today corrected its press release dated August 8, 2012, which erroneously stated that Skullcandy had hired Vance Lommen as its Director of Brand Protection and Intellectual Property Enforcement. The August 8th press release should have stated that Skullcandy has retained Varangians, LLC, a renowned and world-class security firm founded by Mr. Lommen, and for which he serves as CEO, to lead its domestic and international efforts to protect the integrity of all Skullcandy products and intellectual property enforcement.

About Skullcandy, Inc.

Skullcandy became one of the world's most distinct audio brands by bringing color, character and performance to an otherwise monochromatic space; helping to revolutionize the audio arena by introducing headphones, earbuds and other audio and wireless lifestyle products that possess unmistakable style and exceptional performance. From the award-winning, optic-inspired Roc Nation Aviator headphones to the evolutionary fitting FIX earbuds and a roster of some of the world's finest athletes, musicians and artists, Skullcandy continues to redefine world-class audio performance and style. Visit skullcandy.com, or join us at facebook.com/skullcandy or on Twitter @skullcandy.   

CONTACT: Consumer Media:
         Leland Drummond
         646-490-2945
         Leland@azionepr.com
         
         
         Investors:
         John Rouleau
         203-682-8342
         John.Rouleau@icrinc.com