Kl Worldwide - a Business Overview and History

KL WORLDWIDE ENTERPRISES, INC.: A BUSINESS OVERVIEW AND HISTORY

KL Worldwide Enterprises, Inc., was established in 1983 through the merger of

several small but highly regarded sports equipment and clothing manufacturers, all

of whom were located in the United States. Incorporated in the state of Delaware

but operating out of a headquarters facility in Boston, Massachusetts, the founder

of KL, Scott Porter (CEO and Founder of Skateworld USA and subsequently of

KL Worldwide) envisioned a global company engaged in the production,

marketing and distribution of footwear, fitness and sports apparel, and equipment,

favoring winter sports, such as skiing and ice hockey, and rugged outdoor

activities, including boating, camping, hiking, rock climbing and hunting. The

initial offering of KL stock took place in 1983 through the American Stock

Exchange but as the firm grew into a multi-national conglomerate, KL moved up

to the New York Stock Exchange where it traded under the letters KLWE.

As he put it to his board of directors at their first stockholders' meeting, Porter's

vision was simple:

At KL Worldwide Enterprises we will expand rapidly and globally

within our niche to become the very best provider of high quality,

yet eminently affordable sportswear and equipment. We will

become a household name