HEAD Penn Signs Pro Racquetball Player Nick Montalbano

Phoenix – August 15, 2012 – HEAD Penn Racquet Sports announced today the signing of a long-term sponsorship contract with Nick Montalbano, an up and coming star on the men’s professional racquetball circuit. Nick is a New York native currently attending college at Colorado State University – Pueblo. He finished the 2011-2012 IRT season on the International Racquetball Tour (IRT) ranked No. 33, which is also his current ranking among all male players for USA Racquetball. Nick joins a HEAD Penn professional playing team that includes the No. 1 female player in the world in Paola Longoria and Rocky Carson, the No. 2 men’s player in the world.

Montalbano is the reigning International Racquetball Federation’s (IRF) Junior Boy’s 18 & Under Doubles title holder and the USA Racquetball Men’s Collegiate Doubles champion. His impressive junior career includes three World Championships and nine National Championships and appointments to the USA Racquetball Junior National Team. Nick’s racquetball talents are not limited only to the indoor game as he was the runner-up at the 2012 World Outdoor Racquetball Championships.

“We are thrilled to add Nick Montalbano to our group of top young up and coming professional men’s professional International Racquetball Tour (IRT) players during the 2012-2013 IRT season. He not only is a phenomenal talent on the court, but is a true ambassador for the sport as a full-time student and athlete,” said Doug Ganim, IndoorPromotions Manager for HEAD Penn. “We at HEAD Penn encourage our young players topursue their dreams on the court while at the same time advancing their education. Nickhas embraced this concept and is excelling in both areas.”

Nick will be armed with HEAD’s latest weapon of destruction, the new 160g BLACKWIDOW racquetball racquet. “I can’t believe how much power the HEAD racquets have!”stated Montalbano. “I was blown away when I picked it up. The maneuverability isawesome as well. I am really excited to be joining the HEAD Penn team”.To follow Nick, Paola, Rocky, and the rest of the HEAD Penn Professional Team, check out www.facebook.com/headpennracquetball.

ABOUT HEAD: HEAD NV is a leading global manufacturer and marketer of premium branded sports equipment. HEAD NV’s ordinary shares are listed on the Vienna Stock Exchange (“HEAD”).Our business is organized into four divisions: Winter Sports, Racquet Sports, Diving and Licensing. We sell products under the HEAD (tennis, squash, paddle and racquetball racquets, tennis balls, tennis footwear, badminton products, alpine skis, ski bindings and ski boots, protection, snowboards, bindings and boots), Penn (tennis and racquetball balls), Tyrolia (ski bindings), and Mares/Dacor (diving equipment) brands. We hold leading positions in all of our product markets and our products are endorsed by some of the world’s top athletes.