BALAZS BOXING PRESS RELEASE

December 11, 2001

Contact: Diana M. Davis, Marketing Manager

BALAZS INC.

(610) 433-4515

Balazs Boxing a Major Player in the Success of
First Women's World Boxing Championship

ALLENTOWN, PA; December 11, 2001 - Balazs Boxing was the title sponsor of the recently concluded Women's Amateur Boxing World Championships. The World Championships, hosted by Scranton, PA from November 26 to December 2, featured 6 days of competitive boxing. More than 150 female athletes from over 35 countries were among the competitors. As one of the main sponsors, Balazs provided a competition boxing ring as well as training equipment including gloves, heavy bags and Exoflex® chest protection.

As the Official Boxing Ring Supplier, Balazs provided the boxing ring used for all preliminary and championship bouts. As an Official Training Equipment Supplier, Balazs provided several of their flagship Universal Boxing Stands® with assorted training bags for boxers' workouts before and during the championship event. The women of Team USA and other national teams also had access to Balazs Boxing training gloves and other boxing accessories as they trained for their championship bouts at Montage Mountain Ski Resort outside Scranton. Balazs supplied Team USA with Exoflex® Protective Sports Bras. The Exoflex® is an innovative sports bra that provides impact protection for the breast while being supple and form-fitting for comfort. The US Team's Devonne Canady won the only US Gold medal while wearing an Exoflex®.

Balazs Boxing has been a strong supporter of women's amateur boxing since the company's founding. Balazs has sponsored several regional developmental events, in cooperation with boxing coach Christy Halbert, who served as Head Coach for Team USA at the recent Championship events.

"The camaraderie, sportsmanship and superb physical performance exhibited at women's amateur boxing events inspires us and embodies the characteristics we believe in at Balazs", says founder Andrew Laudenslager. "We support this pioneering event through our commitment to raising the awareness of women's boxing around the globe."

Balazs, Inc. sells its top-of the-line boxing stands, boxing rings and equipment to individuals and health clubs through its website www.boxingsource.com and authorized retailers throughout the world. Located in Allentown, PA, Balazs has become the leader in commercial-grade boxing equipment, with customers in over 100 countries. Call (888) 466-6765 or visit www.boxingsource.com for more information.

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