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Cervélo retains Tom Fowler

September 13, 2005 — Cervélo Cycles Inc. is pleased to announce that Tom Fowler has been retained to advise the Company as it relates to sales, business development and strategy.

“Cervélo has enjoyed tremendous growth since we began in 1995,” said Gerard Vroomen, Cervélo co-founder. “Today we are at a critical point in our development with high expectations for the Company. Tom’s skills and broad background will complement our efforts and help us get to where we want to be.” Most recently, Tom Fowler ran the Sports Division of Kryptonite. Prior to that he spent five years in Europe with Wilson and Nike’s ACG unit before returning to the States. In the early “˜90s he headed up Profile Design’s sales and marketing efforts.

“Cervélo is a phenomenal brand,” said Tom Fowler, “with an incredible dedication to product design excellence. “I’m stoked to help the company vault to the next level.” About Cervélo Cycles Phil White and Gérard Vroomen founded Cervélo Cycles in 1995 when their design for a new time trial bicycle, built at the request of a professional cyclist, failed to garner interest from traditional cycle manufacturers. Today, Cervélo Cycles is the largest time trial bike manufacturer in the world. This Canadian company is internationally recognized as one of the most innovative and fastest growing bike manufacturers the sport has seen in years. In June 2005 Cervélo was ranked 34th in the seventeenth annual PROFIT 100 ranking of Canada’s fastest-growing companies by the magazine PROFIT: Your Guide to Business Success.

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