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Skullcandy Files S-1 Registration Statement for Initial Public Offering

PARK CITY, Utah Jan. 28, 2011

BofA Merrill Lynch and Morgan Stanley will act as joint book-running managers for the offering.

New York, NY [email protected] New York, New York [email protected]

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Skullcandy, Inc.

the United States

Press Release Contact Information:

Alecia Pulman

Media

ICR

(203) 682-8224

[email protected]

http://www.webwire.com

SOURCE Skullcandy, Inc.

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