Colorado Springs, Colo., Feb 20- RockShox, Inc. (OTC Bulletin Board: RSHX) – a leading developer of high performance mountain bike suspension products – today announced that it has entered into a definitive agreement to be acquired by SRAM Corporation.

The transaction is structured as a merger of RockShox with a wholly owned subsidiary of SRAM Corporation, in which stockholders of RockShox will receive the cash amount of $0.41 per share. As a result, following the merger, RockShox will operate as a subsidiary of SRAM Corporation. The merger is subject to a number of closing conditions. The parties expect that, subject primarily to the fulfillment of such closing conditions and to the timing of approval by regulatory authorities of an Information Statement to be sent to stockholders, the transaction will be completed in late March or early April 2002.

The Board of Directors of RockShox has received an opinion from Duff & Phelps, LLC, one of the nation’s largest independent specialty investment banking and financial advisory firms, that the transaction is fair from a financial point of view to the non-insider stockholders of RockShox. Duff & Phelps served as independent financial advisor to the RockShox Board of Directors in connection with the sale transaction to SRAM.