“With the recent launch of Loop’d Network, it’s perfect timing for us to co-sponsor an innovative contest with Freestyle to connect their brand with some of the most talented up and coming athletes,” said Scott Tilton, chief executive officer of Loop’d Network. “Freestyle fully embraces the Web to market their brand and is now reaping the rewards of their efforts by building an online community to foster deeper engagements with both customers and athletes.”

Freestyle will choose 12 weekly winners based on video and photo entries. Weekly winners will receive a Freestyle prize pack which includes a watch, t-shirt, hat and sticker packs. Contestants can enter every week for 12 weeks. The grand prize winner, to be announced on February 29, 2008, will win a one-year sponsorship and a spot on Freestyle’s flow team as well as six watches per year, t-shirts, hats, accessories and stickers.

According to Chad Labass, marketing director at Freestyle, the company chose Loop’d Network over other online communities because of its successful track record of building purpose-driven communities focused on action sports and its ability to seamlessly blend brands, like Freestyle, into the social network experience.

“We’re actively seeking to expand our brand recognition and grow our business beyond the West and East coasts, where we’re already well known,” said Labass. “Loop’d Network allows us to instantly reach a targeted youth demographic passionate about action sports throughout the country. With more than 1,100 entrants and 1,500 pictures and videos uploaded in the first week alone, the ‘Are You Next?’ contest on Loop’d is exceeding our expectations so far.”

The first two winners in week one of the contest are snowboarder Matt McClouth and Hunter Wright for BMX. Go to http://freestylecontest.loopd.com to see them in action.

About Freestyle

Founded in 1981, Freestyle is a leading action sports watch manufacturer. The Freestyle watch collection includes a full line of performance and lifestyle choices for men, women and youth, all styles are water resistant to 100 meters or more and backed by a limited lifetime warranty. With roots firmly planted in surf, Freestyle proudly sponsors a team of highly respected surfers including Shane Dorian, Cory Lopez and 2006 ASP World Women’s Longboard Champion Schuyler McFerran.

About Loop’d Network

Loop’d Network is a social media platform exclusively for online sports communities.

An expansion of SponsorHouse.com, Loop’d Network currently boasts more than 225,000 members worldwide and brings community features to athletes, fans, and brands, fostering seamless interaction. Athletes and brands can develop personalized communities providing fans and enthusiasts with a network to browse and join with a single click. Athletes are empowered to create unique content for self-promotion, including videos, photos and blogs and receive access to brands for sponsorships. Never before mastered in the social networking realm, Loop’d Network blends brands into the experience by matching them to their core demographics via purpose-driven communities and through an innovative means of grassroots and viral marketing. The company’s Web 2.0 technology platform is robust, provides unprecedented analytics, and scales to millions of users. For more information, visit www.loopd.com.