Pony Names Kevin Wulff as Chief Executive Officer

Pony Names Kevin Wulff as Chief Executive Officer

March 22, 2007

    SAN DIEGO, March 22 /Xinhua-PRNewswire/ -- Pony
International LLC (Pony) today announced the appointment of
Kevin Wulff as its Chief Executive Officer. 

    (Logo: 
http://www.newscom.com/cgi-bin/prnh/20070222/LATH093LOGO )

    Mr. Wulff is an experienced athletic footwear industry
executive, who most recently served as President and C.E.O.
of American Sporting Goods, where he led a successful
restructuring of the company and repositioning of its
brands. Earlier, Mr. Wulff held several senior positions at
Nike Inc., including as President of Nike Canada and Sr.
Vice President/General Manager -- USA.  He also served as
the Chairman and C.E.O. of the Women's Tennis Association.

    Mr. Wulff commented, "I am excited by the
opportunity to lead this extraordinary company with its
strong global sports heritage.  Pony is one of the few
athletic footwear brands that has successfully outfitted
world class athletes across a broad spectrum of competitive
disciplines, including basketball, football, soccer,
baseball, boxing and gymnastics to name a few.  I look
forward to rebuilding Pony to its former glory, while also
looking at strategic alliances to grow and compliment the
Company."

    Pony's outgoing C.E.O., Jim Stroesser, stepped down, as
previously planned, to pursue other opportunities.

    In transactions completed in April, 2006, Infinity
Associates LLC and Symphony Holdings Ltd. acquired 100% of
Pony International.  California based Infinity Associates
and Hong Kong based Symphony Holdings have teamed up in
previous acquisitions, including Converse Inc. in 2001.

    Pony was founded in 1972 and quickly became one the
most distinctive sports brands in the world.  Among the
many athletes who wore Pony shoes were Pele, Muhammad Ali,
George Foreman, David Thompson, Darryl Dawkins, Spud Webb,
Dan Marino, Lawrence Taylor, Reggie Jackson, and Tracy
Austin.  Pony is a designer, distributor, and marketer of
high performance and casual athletic footwear and apparel
for men, women, and children utilizing the tagline of
"Pony Up."


   For more information, please contact: 

    Kevin Wulff
    C.E.O.
    Pony International LLC
    Tel: [phone]