Press release from Action Performance:
On May 20, 2005, Mr. Edward Bauman, 80, a long-time Action director, resigned from the Board of Directors, but will retain the title of Director Emeritus. Mr. Bauman was a member of the Audit Committee.
About Action Performance Companies: Action Performance Companies Inc. (NYSE: ATN) is the leader in the design, promotion, marketing and distribution of licensed motorsports merchandise. The Company's products include a broad range of motorsports-related die-cast replica collectibles, apparel, souvenirs and other sports-inspired memorabilia. Action Performance markets and distributes products through a variety of channels including the Action Racing Collectables network of wholesale distributors, the Racing Collectables Club of America, QVC, goracing.com, trackside at racing events, direct corporate promotions, mass retail and department stores, specialty dealers and select online retailers. For more information about Action Performance and its many subsidiaries, please visit the company's corporate Web site at www.action-performance.com. Discussion related to this news is welcome.
-Bob
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