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           AUGUST 2003 
                  Dahon California Inc. Files Formal Complaint to the UK Advertising 
                  Standards Authority Over Smirnoff Ice/ Diageo Ad Campaign 
                  Click here for 
                  more information. 
                  Dahon California, Inc. the world's leading manufacturer of folding 
                  bicycles, today announced the formal filing of a complaint to 
                  the UK Advertising Standards Authority over a Smirnoff Ice/Diageo 
                  advertisement. The ad campaign resembles a recycling campaign 
                  (as if produced by the Aluminium Marketing Board) and uses an 
                  image of a Dahon folding bike to show what kind of products 
                  aluminium is wasted on, when it could be made into cans filled 
                  with a certain alcopop. Tick boxes on the ad indicate which 
                  products use aluminium sensibly (such as cans of Smirnoff Ice) 
                  and which are a waste, including an aluminum Dahon folding bicycle. 
                  Dahon will request that Diageo withdraw the ads and issue an 
                  apology for denigrating bicycles generally and Dahon and folding 
                  bicycles specifically.  
                               
                  JANUARY 2003 
                  Our Bikes Go on a Diet! 
                  A good folding bike needs to be light. Period. After all, what 
                  use is a folding bike if it's too heavy to carry? That's why 
                  we've pulled out all the stops in 2003 to lighten our bikes. 
                  Through a combination of new materials, structural re-design, 
                  new manufacturing processes, and a variety of custom-designed 
                  components we've managed to significantly reduce the weight 
                  of each and every bike in our line up. High end bikes like the 
                  Helios get a new frame fabricated from proprietary Puro 
                  U6 aluminum alloy that is 25% stronger than traditional 
                  aluminum alloys. And every steel frame in our program has been 
                  upgraded to SuperLite 
                  4130 chromoly. The end result of all of this hard work is 
                  a line-up of deliciously light folding bikes that will make 
                  carrying your bike a lot easier. 
                   
                  Riding is Believing! 
                  With few exceptions, compact folding bicycles have never 
                  measured up to the comfort and ride standards of traditional 
                  full-size bikes. We've long felt that this didn't have to be 
                  the case so two years ago we started a project to find the optimal 
                  frame geometry for small-wheeled bicycle frames. Our goal was 
                  to build a folding bicycle that was as efficient, stable, and 
                  comfortable as a high-end full-size bicycle. We rigorously analyzed 
                  head and seat tube angles, wheelbase, fork offset, trail, frame 
                  rigidity, weight distribution and all of the other factors that 
                  affect the ride. The result: our new BioLogic 
                  frame geometry. You'll find BioLogic 
                  geometry on every one of our 2003 compact bikes. Hop aboard 
                  one of our new bikes and tell us if it isn't the most comfortable 
                  and best handling folding bike you've ever ridden.  
                   
                  It's Our 20th Anniversary 
                  2003 is the 20th anniversary of the very first Dahon folding 
                  bicycle rolling off our production line. In commemoration, we've 
                  introduced the Helios XX, the most advanced folding bicycle 
                  we've ever produced. Each bike is hand-painted, hand-built, 
                  and individually numbered. Only 300 will be produced worldwide. 
                   
                  Dahon Revenues Increase 24% in 2002: Bicycle Sales and Patent 
                  Royalties Provide Big Boost. 
                  Click here for 
                  more information. 
                  Dahon California, Inc., the world leader in folding bicycles, 
                  today announced that 2002 gross revenues increased by 24% relative 
                  to the year ago period. Strong sales of complete bicycles and 
                  increased revenues from patent royalties contributed to the 
                  growth. Unit volumes of complete bicycles increased by 33%, 
                  with growth in all major markets.  
                   
                  NOVEMBER 2002 
                  Dahon's Shenzhen, China Factory Awarded ISO 9001 Certification 
                   
                  Click here for 
                  more information. 
                  Dahon California, Inc., the world's leading manufacturer of 
                  folding bicycles, today announced ISO 9001 certification for 
                  it's Shenzhen, China factory. Dahon's Shenzhen factory has been 
                  in operation since November, 2001 and has been designed from 
                  the ground up to operate at the highest level of efficiency. 
                  Dahon has been working with TÜV consultants and engineers 
                  to streamline operations in preparation for ISO certification. 
                   
                  
             
                  AUGUST 2002 
                  Dahon Marks 20th Anniversary with Limited Edition Folding Bicycle 
                   
                  Click here 
                  for more information. 
                  Dahon California, Inc., the world leader in folding bicycles, 
                  today introduced the limited edition Helios XX in commemoration 
                  of its 20th anniversary. The Helios XX is the most advanced 
                  bicycle Dahon has ever produced. Weighing only 7.7 kilos (16.9 
                  lbs.), the Helios XX is the world's lightest production performance 
                  folding bicycle. Only 300 individually numbered and hand-painted 
                  bikes will be produced. All profits from this bike will be donated 
                  to grass-roots non-profit groups that promote cycling.  
                   
                  Dahon and Rolf Develop the World's Lightest Wheelset 
                  Click here 
                  for more information. 
                  Dahon California, Inc., the world's leading manufacturer of 
                  folding bicycles, today introduced the Rolf® Prima Accel 
                  wheelset, a high performance wheelset that is the lightest, 
                  and very possibly the fastest, in the world. The wheels use 
                  Rolf's patented Paired Spoke Technology to produce incredibly 
                  strong, low-spoke count, and aerodynamic wheels. At only 995 
                  grams the Rolf® Prima Accel wheelset is the lightest production 
                  wheelset in the world. The Rolf® Prima Accel wheelset will 
                  be used exclusively on Dahon's folding bicycles.  
                   
                  Dahon Debuts First Bicycles with New Shimano Capreo Component 
                  Group: Capreo group is designed exclusively for folding bicycles. 
                  Click here 
                  for more information. 
                  Dahon California, Inc., the world leader in folding bicycles, 
                  today introduced the first folding bicycles equipped with Shimano's 
                  new Capreo component group, a group designed specifically for 
                  folding bicycles. As a Shimano development partner, Dahon will 
                  be one of the first companies to use this new group on its 2003 
                  models.  
                   
                  Dahon Revenues Surge 30% in First Half of 2002  
                  Click here for 
                  more information. 
                  Dahon California, Inc., a world leader in mobility solutions, 
                  today announced that 2002 gross revenues have increased by more 
                  than 30% relative to the same period in 2001. Increased revenues 
                  from patent licensing and sales of complete bicycles contributed 
                  to the growth. Dahon recorded robust growth in sales in all 
                  major markets.  
                  
             
                  JULY 2002 
                  Speed Pro Selected as the Official Training Bike for the German 
                  National Speed Skating Team 
                  Click here 
                  for more information. 
                  Dahon announced the selection of its Speed Pro bicycle as the 
                  official training bike of the Saab/Salomon German National Speed 
                  Skating team. The team will use the bike as a cross-training 
                  tool to help build base endurance.  
                  
             
                  APRIL 2002 
                  Court Verdict: Neobike Founders Guilty in IPR Case Brought 
                  by Dahon. All five defendants sentenced to five months in jail. 
                   
                  Click here for 
                  more information.  
                  In a significant intellectual property criminal case brought 
                  by Dahon against five Neobike founders, a Taiwan superior court 
                  judge today handed down a guilty verdict. All five defendants 
                  in the criminal case were sentenced to five months in jail. 
                  The verdict, delivered by Taiwan's highest court, is final, 
                  and opens the door for Dahon to pursue damages in a civil suit. 
                   
                   
                  
             
                  JANUARY 2002 
                  Record Sales for Dahon in 2001  
                  We welcomed a lot of new people to the Dahon family in 2001. 
                  In fact, our sales were up by 30%. It seems that more and more 
                  people are discovering the convenience of a portable bike that 
                  can go anywhere. To handle growing demand, we opened two new 
                  factories and increased our workforce by 35%. We are off to 
                  a booming start in 2002 and it looks like our new 2002 bikes 
                  are in higher demand than ever. 
 
                  DECEMBER 2001 
                  Dahon Bikes Win Top Marks in Reviews of Folding Bikes by ANWB 
                  (Dutch Automotive Association) and the Royal Dutch Cyclist Federation 
                  With an ownership rate of approximately 1.7 bicycles per person, 
                  the Dutch know their bicycles. And in recent reviews of top-selling 
                  folding bikes, Dahon bicycles won top marks. The Boardwalk and 
                  Presto won "Best of Test" honors in a review by ANWB, 
                  the Dutch Automotive Association. The Roo and Helios followed 
                  closely behind. In a review by the Dutch Cyclist Federation, 
                  the Roo and Presto models finished 2nd and 4th respectively. 
                  The only bikes that scored higher than Dahon were at least twice 
                  as expensive. Of course, that's no excuse for finishing out 
                  of the top spot - we'll just have to work harder to get it back 
                  next year.
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