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Indian Motorcycle Announces Management Changes to Support Dealer Network

    GILROY, Calif.--July 17, 2003--Continued sales growth at Indian(R) Motorcycle Corporation (IMC) has led to recent management changes to better support Indian Motorcycle dealers. In addition to appointments earlier this year of John Koehler as Vice President of Sales, and Wade Hubbard as Vice President of Aftersales, IMC today announced the appointment of Ben Blemker to the position of Vice President of Dealer Development.
    "The success of our dealers in 2003 is very gratifying," said Lou Terhar, President and CEO. "Not only have they recorded record motorcycle retail sales, but accessory and apparel volume is also up sharply. Ben and his team will work to find the best dealer candidates in targeted areas where Indian Motorcycle is unrepresented and build on "best practices" and training initiatives already in place."
    Prior to joining IMC, Blemker was a Partner with Pathway Guidance, a Cincinnati-based company that provides strategic guidance to help organizations accomplish greater success. Before that he held executive positions with the David J. Joseph Company, most recently as Executive Vice President. Blemker has also worked for Proctor and Gamble and Dun and Bradstreet.
    June 2003 year-to-date retail sales grew 8% at IMC over the comparable 2002 period, while total motorcycle industry sales grew 4%. Indian motorcycle sales are attracting a greater share of the market in 2003, and Indian Motorcycle dealers eagerly anticipate the fall introduction of 2004 models.

    About Indian Motorcycle Corporation

    Indian Motorcycle Corporation, based in Gilroy, California, was formed in 1998 to re-launch an American icon. The original Indian Motorcycle Company built the first American-made motorcycle in 1901. The Indian brand is well known to motorcycle enthusiasts because of its reputation for innovation and distinctive styling.
    IMC currently designs, manufactures and markets a full line of premium heavyweight motorcycles and a broad range of related products, parts, accessories, riding gear and lifestyle apparel. There are more than 200 Indian Motorcycle dealers in the United States and Canada. For more information on Indian(R) motorcycles, please visit www.indianmotorcycle.com.

    Note to Editors: Indian, Chief, Scout, Indian Spirit, Powerplus, script Indian, Indian Motorcycle, Indian Riders Group, the skirted fender and war bonnet lamp designs and the logos are trademarks and registered trademarks of IMCOA Licensing America, Inc. in the U.S. and foreign countries.