IRON GRIP COMPANY NEWS

Iron Grip and ICON Health & Fitness, Inc. Announce New Licensing Relationship

July 30, 2003, Costa Mesa, CA – Iron Grip Barbell Company has recently entered into two licenses with ICON Health & Fitness, Inc., granting the consumer equipment manufacturer certain rights to sell weight plates with 2 or 3 handgrips under U.S. Patents 5,137,502 and 6 ,436,015, respectively. These licenses represent an amicable resolution of pending litigation between the parties.

ICON Health & Fitness, Inc. is the world's largest manufacturer and marketer of home fitness equipment. The company is headquartered in Logan, Utah.

Iron Grip is the largest provider of commercial free weight equipment worldwide, and is based in Santa Ana, CA. For more information, contact the company at 800-664-IRON or visit www.irongrip.com.


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