July 30, 2008

Olympic Cellars Customers and Supporters,

Olympic Cellars Winery reached an agreement with the United States Olympic Committee (USOC) on June 17, 2008 regarding the commercial use of its business name and the framework under which Olympic Cellars could operate its business.

This agreement was reached nine months after receiving the USOC’s first letter dated September 11, 2007, citing Olympic Cellars for violation of the 1998 Ted Stevens Act. Final signed paperwork was received July 17, 2008.

It took nine months but I feel that the agreement meets both parties key objectives. The 9-month time frame is ironic considering I could have birthed a baby in that time period but in this case could have also lost my baby… a winery that is part of the heritage of the North Olympic Peninsula.

I want to personally thank the 100’s of winery customers and citizens that sent us emails and words of support. Your encouragement helped me stay the course and negotiate this settlement. With the upcoming 2008 Olympic Games there was added pressure to bring our negotiation to an end.