Velocity Rims Move Production To U.S.A.

(Grand Rapids, MI) Brothers and partners, Tom and John Black will begin
manufacturing rims in Jacksonville, Florida in February 2012.  Currently, all
Velocity rims are made in Australia, and production will cease in Brisbane by the
end of November.

Tom Black, the founder of Velocity, will be relocating from Australia to Florida
where he will continue to oversee rim production at Velocity’s new manufacturing
factory.  Velocity’s distribution center will continue to operate out of Grand
Rapids, Michigan as it has since 1992 and become their worldwide headquarters; with
the Australian facility remaining as a distribution center for the Asian and
Australian markets.

Velocity will be the only U.S. produced aluminum rim in the cycling industry.  John
Black, president of Velocity Worldwide, Inc., anticipates this to further propel the
company as a leader in quality, ingenuity and customization customers have come to
love and expect from Velocity.

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