A revolution happened in the world of bowling and entertainment when on June 14, 2005 industry leaders AMF Bowling Products and Italian-based Qubica Worldwide announced thatthey intend to join forces. The result of this strategic alliance, QubicaAMF Worldwide, is one of the largestmanufacturers of bowling and amusement products in the world.

We are going to shake things up, said John Walker, President and Chief Operating Officer of AMF BowlingProducts, who will become President and Chief Executive Officer of QubicaAMF Worldwide. We will workwith our customers to grow their business and ours, and provide the tools to make bowling centers one of thepremier entertainment destinations in the world.

The two companies have signed an agreement to form a 50/50 joint venture and tobegin selling each other' s products immediately.

The idea of merger was first explored in 1999, but serious talks started after an affiliate of Code Hennessy & SimmonsLLC (CHS), a Chicago-based private equity firm, acquired AMF Bowling Worldwide in February of 2004.

QubicaAMF Worldwide, which employes over 600 people, has worldwide headquarters just outside ofRichmond, Virginia, and European headquarters in Bologna, Italy, with a network of supporting offices aroundthe world. Joining Mr. Walker in running the company are Emanuele Govoni, who was CEO of QubicaWorldwide and will act as CEO, Scoring & Technology Solutions Division and SVP Marketing of QubicaAMFWorldwide, and Patrick Ciniello, Chairman of Qubica and the President at QubicaAMF Worldwide, LLC,the U.S. subsidiary of QubicaAMF.

The word revolutionize is not too strong of a word for what we plan to do, said Mr. Govoni of Qubica. We willdraw from the separate experiences and expertise of Qubica and AMF, and together bring new products to themarket that will dramatically change the world of bowling and entertainment.

Qubica, which was founded in 1993 with 10,000 USD of capital by three original partners, Roberto Vaioli, LucaDrusiani and Mr. Govoni, quickly became a success. The company installed equipment for over 35,000 lanes inmore than 50 countries in just 12 years. Up to now, Qubica has been controlled by a small group of shareholdersincluding BS Private Equity and the original co-founders.

Qubica is best known worldwide for its innovative automated scoring systems and bowling management software,as well as traditional equipment for bowling and amusements. Its products, such as Bowland X and BESscoring and entertainment systems, Conqueror Pro bowling management software, Mad Lanes, Quest furniture,and Highway 66 miniature bowling, are some of the most advanced available.

AMF has revolutionized the bowling industry a number of times, beginning with the invention and mass-productionof the automatic pinspotter in 1946. AMF also created the first automated scoring system nearly 30 years ago.The company has been known for years for quality products such as HPL Synthetic Lanes, AMFLite II pins, andthe innovative 90XLi pinspotter. Over the years more than 10,000 bowling center owners and operators in morethan 90 countries have turned to AMF for equipment, installation, and in-depth guidance on their bowling investments.

QubicaAMF Worldwide is one of the largest bowling products manufacturers and marketers in the world.With worldwide headquarters near Richmond, Virginia and European headquarters in Bologna, Italy, the jointventure offers a complete line of high-quality, innovative solutions for new and existing bowling and entertainmentcenters.

At QubicaAMF we have many of the brightest and most experienced people in the business. Our employees have literally thousands of years of combined experience and leadership.

And we know our employees are our biggest asset as we move toward the future.

Our employees bring new ideas and solutions to help provide better products andbetter services to improve our industry and your business. From the team in Research & Developmentto the people on the manufacturing floor to Sales & Service, we make yoursuccess our mission.

Worldwide Headquarters: Richmond, Virginia
European Headquarters: Bologna, Italy
Combined Senior Management experience: 48 years
Number of Employees: Over 600
AMF Bowling Worldwide, Inc. Founded: 1946
Qubica Worldwide, Inc. Founded: 1993