Carlos Sastre Rides to Victory on Cervelo at the Tour de France

PARIS, FRANCE--(Marketwire - July 27, 2008) - Cervelo is pleased to
announce that Carlos Sastre, of Spain and captain of Team CSC Saxo
Bank, today won the Tour de France riding a Cervelo.

Cervelo SA is a Swiss/Canadian company based in Neuchatel,
Switzerland and Toronto, Canada. Gerard Vroomen, one of the
co-founders is Dutch, his partner Phil White is Canadian.

Cervelo has been the bike sponsor for Team CSC-Saxo Bank since 2002.
While they have been on the podium previously for victories at the
Tour de France, this is the first time they have finished first.

After an incredibly exciting tour that saw the coveted Yellow Jersey
change hands seven times, Carlos Sastre road into Paris on the
Champs-Elysees on Sunday afternoon wearing the Yellow Jersey.

It was also an auspicious day for Sastre's team and teammates with
Andy Schleck awarded the White Jersey for best young rider as Team
CSC Saxo Bank were also declared the winners of the Team's
Competition, a competition they have won once before.

ABOUT CERVELO

Phil White and Gerard Vroomen founded Cervelo in 1995 when their
design for a new time trial bicycle, built at the request of a
professional cyclist, failed to garner interest from traditional
cycle manufacturers.

Today, Cervelo is the largest time-trial bike manufacturer in the
world. The company is recognized internationally as one of the most
innovative and fastest growing bike manufacturers the sport has seen
in years. This has culminated in Cervelo being the #1 brand that
readers of VeloNews, CycleSport, Inside Triathlon and Slowtwitch (all
publications for serious cyclists and triathletes) intend to purchase
in 2008.

For 2008, Cervelo currently produces ten different models. Its
products are available internationally. Please visit www.cervelo.com
for further information.

Contacts:
Special Assignment Inc.
Peter Donato
(416) 964-6118
donato@specialassignment.com
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