Nike Extends Sponsorship Of U.S. Olympic Teams

For Immediate Release

April 10, 2008

 

NIKE EXTENDS SPONSORSHIP OF
U.S. OLYMPIC AND PARALYMPIC TEAMS THROUGH 2012


USOC and Nike Will Introduce Medal Stand Look at Reception on April 15

Colorado Springs, Colo. - NIKE today announces it will extend its
relationship with the U.S. Olympic Committee as an Official Outfitter of the
U.S. Olympic and Paralympic Teams through the London 2012 Olympic Games.

As an Official Outfitter, Nike is honored to provide U.S. Olympic and
Paralympic athletes with the Medal Stand uniform worn on the awards podium
and during medals ceremonies at the Beijing 2008 Olympic Games, the
Vancouver 2010 Olympic Winter Games, and the London 2012 Olympic Games.

The USOC and Nike will introduce the Medal Stand look for the Beijing 2008
Olympic Games at a reception for media at the 2008 U.S. Olympic Team Media
Summit in Chicago on Tuesday, April 15.

"The Olympic movement is at the core of Nike's DNA and has played a vital
role in our company's rich history," said Joaquin Hidalgo, Vice President of
Global Marketing for Nike. "We are proud to be able to support the
accomplishments of U.S. Olympians through our partnership with the USOC."

"We are proud to have Nike, a company that embodies the Olympic spirit of
quality, excellence and determination, as our committed partner," said U.S.
Olympic Committee Chief Executive Officer Jim Scherr.  "Nike's ability to
deliver ground-breaking apparel and footwear with cutting edge technology
has been instrumental in our efforts to support America's Olympians,
Paralympians and hopefuls."

Nike was born in an Olympic year, 1972, and has supported the Olympic
movement by providing athletes with innovative performance footwear, apparel
and equipment ever since Steve Prefontaine took to the track that year at
the Munich Olympic Games.