FOX Athlete And Biodapt Founder Mike Schultz's Versa Foot Wins Popular Science 2013

SCOTTS VALLEY, Calif., Nov. 13, 2013 (GLOBE NEWSWIRE) -- FOX (Nasdaq:FOXF), the ride dynamics company, is proud to announce that one of its world-class athletes and founder of Biodapt, Mike Schultz, has developed technology that was honored in the 26 th annual Popular Science "Best of What's New" awards issue. The magazine honored Schultz's Versa Foot, an action sport prosthetic device that relies on a FOX mountain bike air shock for spring return and optimal damping performance. This is the second action sports prosthetic that Schultz and his company Biodapt has created since losing his leg in a 2008 snocross accident—the first was the Moto Knee.
Versa Foot

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=22173

VERSA FOOT SELECTED FROM THOUSANDS TO RECEIVE MAG'S TOP HONOR

Schultz's Versa Foot–which earlier this year was named one of the top 10 inventions of the year in Popular Science's "Invention Awards" issue—was named a winner in "Best of What's New" health category. The Versa Foot represents one of only 10 products selected to receive the "Best of What's New" honor in the health category, and was selected from among thousands of other entries. The publication's best-read issue, the "Best of What's New" awards issue including FOX's Mike Schultz hit newsstands on November 12.

"For more than a quarter century, Popular Science has devoted its December issue to the year's most remarkable innovations. The Best of What's New Awards is our magazine's top honor, and the 100 awardees are selected from a pool of thousands. Each winner is handpicked and revolutionary in it's own way," said Cliff Ransom, Executive Editor of Popular Science. "Whether they're poised to change the world or simply your living room, the Best of What's New awardees challenge us to the see the future in a new light."

FOX, SCHULTZ AND THE VERSA FOOT: A NATURAL PROGRESSION

The Versa Foot uses a uniquely designed linkage and a purpose-tuned, FOX mountain bike air shock to provide the wearer with a precise level of tuning that simply cannot be achieved by other prosthetic feet available on the market. "FOX makes the lightest, most versatile shocks—and having benefitted from them over the years on my mountain bike, snowmobile, motorcycle, truck—and of course, my first product, the Moto Knee—it was a natural progression to make use of FOX's unparalleled suspension dynamics in developing the Versa Foot," said Schultz.

"To see Mike and his invention that helps him and others like him to keep doing what they love honored not once, but twice in a single year by the world's most well-known science and technology publication is simply amazing," said Dan S. Robbins, FOX's Corporate Marketing Manager. "We're so proud of all that Mike has accomplished—from his numerous wins on the race track to the awards and honors he's received for his inventions to Biodapt, his thriving prosthetics business—and we are proud that FOX and our suspension solutions have been able to play a part in his success."

ABOUT FOX FACTORY HOLDING CORP. (Nasdaq:FOXF)

Headquartered in Scotts Valley, CA, FOX designs and manufactures high-performance suspension products primarily for mountain bikes, side-by-side vehicles, on-road and off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, and motorcycles. For more than three decades, FOX's team of enthusiasts and professional athletes has been improving vehicle performance through a unique commitment to redefining ride dynamics.

FOX is a registered trademark of Fox Factory Inc. Popular Science and Best of What's New are registered trademarks of Bonnier Active Media, Inc. All rights reserved.  
CONTACT: Media Inquiries         Dan S. Robbins         Corporate Marketing Manager - FOX         (831) 728-7698         drobbins@ridefox.com                  Amy Hooker         maven communications, inc.         (910) 707-0462         amy@mavencom.com                  Investor Relations         Katie Turner         ICR         (646) 277-1228         katieturner@icrinc.com