updated 5/11/2011 4:18:27 PM ET 2011-05-11T20:18:27

RACINE, Wisc., May 11, 2011 (GLOBE NEWSWIRE) -- Johnson Outdoors (Nasdaq:JOUT), a global leader in outdoor recreational products, announced that it received the ASTRUM Award, presented by MDB Capital Group at the second annual Bright Lights Conference at the Le Meridien Hotel in New York City. The Bright Lights Conference is the only conference with an exclusive focus on publicly-traded companies possessing disruptive and market changing intellectual property (IP), providing institutional investors with a venue to discover the largely unrecognized value of embedded IP.

"Johnson Outdoors stood out as the top company in its industry with the highest Patent Application CAGR and the highest number of patent applications on file, adjusted for Application Conversion Rate, and we are honored to recognize their achievements in driving IP as an asset class and the impact they are making on innovation in America," commented Christopher A. Marlett, CEO of MDB Capital Group.

The Company was selected from MDB's 2011 group of "Best and Brightest" small-cap companies, a group that is advancing some of today's most innovative and market-leading IP and advanced as one of the 40 public companies ranking in the 90th percentile for its respective technology leadership from more than 1,500 small-cap companies with granted U.S. patents, as rated by PatentVest, MDB's proprietary IP business intelligence platform.

"Our portfolio of market-leading brands is united in a commitment to bring sustained excitement and growth to our markets with innovation and technology that enhances the outdoor experience for anglers, divers, boaters, paddlers and campers. Pioneering IP, such as Humminbird Side Imaging technology, Minn Kota iPilot and SCUBAPRO Galileo dive computers are among the many game-changing innovations providing us a unique competitive advantage in the marketplace enabling us to expand our leadership positions and deliver results which enhance shareholder value long-term. We are thrilled to receive MDB's 2011 Astrum Award in recognition of our achievements," said Helen Johnson-Leipold, Chairman and Chief Executive Officer.    


JOHNSON OUTDOORS is a leading global outdoor recreation company that turns ideas into adventure with innovative, top-quality products.  The company designs, manufactures and markets a portfolio of winning, consumer-preferred brands across four categories: Watercraft, Marine Electronics, Diving and Outdoor Equipment.  Johnson Outdoors' familiar brands include, among others: Old Town® canoes and kayaks; Ocean Kayak and Necky® kayaks; Carlisle paddles; Extrasport® personal flotation devices; Minn Kota® motors; Cannon® downriggers; Humminbird® fishfinders; Geonav® marine electronics; SCUBAPRO® and SUBGEAR® dive equipment; Silva® compasses; Tech4O® digital instruments; and Eureka!® tents. 

Visit Johnson Outdoors at http://www.johnsonoutdoors.com

About MDB Capital Group

MDB Capital Group, LLC is an institutional research and investment banking firm focusing exclusively on small and micro-cap companies possessing market changing, disruptive intellectual property. For more information on MDB Capital Group, visit:  http://www.mdb.com

About PatentVest

PatentVest® is a proprietary intellectual property (IP) business intelligence platform developed by MDB Capital Group. PatentVest quantifies the appropriate valuation of IP and enables the emergence of IP as an investible asset class. For more information on PatentVest please visit: http://www.patentvest.com


Past performance is not a guarantee of future results. MDB Capital Group, LLC expects to receive or intends to seek compensation for investment banking or other business relationships with the covered companies mentioned in this press release. For important disclosure information regarding the covered companies in this press release, please contact: The Director of Research at (310) 526-5000 or write to: MDB Capital Group, LLC, Attention: Director of Research, 401 Wilshire Blvd., Suite 1020, Santa Monica, CA 90401.

CONTACT: At Bright Lights
         Wendy Prabhu
         At Johnson Outdoors Inc.
         Cynthia Georgeson

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