Timbuk2 Acquired by Private Equity Investors

Timbuk2 Designs, Inc. (Timbuk2), a San-Francisco
based manufacturer of bicycle messenger bags, computer carrying cases
and other urban-lifestyle bags and accessories, announces the
acquisition of a majority ownership of the Company by private equity
investors and a significant cash bonus to all non-management workers
who participate in the Company’s Employee Wealth Sharing Program.