Scorpion Sports Inc. To Separate from D2M

Scorpion Sports Inc. USA (SSI) has announced its intention to separate from D2M Inc. as part of a broader restructuring strategy. D2M has provided the role of a third party sales management service for SSI, overseeing its direct-to-dealer sales effort in conjunction with D2M’s growing product catalog and vendor list.

“D2M brought a lot of experience and knowledge to the table," said John Kim, managing director of SSI. "While D2M provides a tremendous service to its vendors, their role with SSI was no longer compatible with our strategy moving forward. We wish them all the best.” D2M will officially conclude its role with SSI by Oct. 4, 2012.

Jang H. Park, owner of SSI’s parent company Kido Corp., will step in as CEO of SSI. “To ensure the long-term success and growth of the Scorpion brand, I felt it necessary to take a more direct role in the reorganization of SSI to bring in the added focus and attention this brand deserves," he said. John Kim will continue to oversee the day-to-day operations of SSI and help execute Mr. Park’s long-term vision for SSI USA and the Scorpion brand.

Race Winning Brands (RWB) and its portfolio of brands (BoostLine Products, CORSA Performance, Dart Machinery, Diamond Racing, Haltech, JE Pistons, Manley Performance, MGP, PAC Racing Springs, ProX Racing Parts, Rekluse, RevMax Performance, Transmission Specialties, Trend Performance, Volant and Wiseco Performance Products) is announcing its transition to a Unilateral Retail Pricing Policy, reflecting its commitment to maintaining the quality and reputation of its products in the performance components industry. The implementation of Minimum Retail Price (MRP) for its portfolio of brands is aimed at addressing challenges such as counterfeit product sales, advertising and selling practices that focus solely on price.