Company to Concentrate on Paddlesports

Confluence Holdings Corp., the world's premier paddlesports company, announced that it completed the sale of the assets of its WindRider trimaran sailing line to WindRider LLC registered in Plymouth, MN on October 7, 2005. Terms of the sale were undisclosed.

"With the sale of WindRider, we will be able to concentrate on our core business of designing and manufacturing the best canoes, kayaks, and paddlesports accessories on the market," commented Confluence CEO Richard Feehan.

"WindRider is a unique product that makes sailing safe, fun and accessible for anyone," said Don Maxwell, managing member of WindRider LLC and technical advisor and director of research and development. "We look forward to picking up where Confluence left off in developing WindRider into the most popular sailing trimarans in the world."

WindRider LLC has acquired all WindRider assets, including the brand name, molds, designs, and intellectual properties. WindRider.com and 800-311-SAIL will be transferred from Confluence to WindRider LLC in the upcoming weeks.

Operating out of Sandstone, MN, WindRider plans to market and develop new models, upgrade and refine the current line, and provide parts and service for all previous WindRider models.

About WindRider LLC
WindRider LLC is a new venture started by WindRider sailing enthusiast Don Maxwell. WindRider is located at 214 Eagle Drive, Sandstone, MN 55072. For more information visit www.gosailnow.com and www.windrider.com.

About Confluence Holdings Corp.
Confluence Holdings Corp, the world's premier paddlesports company, manufactures and distributes watersports equipment in Easley, SC. The Confluence family of brands include Mad River Canoe, Wilderness Systems touring and recreational kayaks, Wave Sport whitewater kayaks, and Voyageur watersports accessories, Dagger touring and whitewater kayaks, Perception touring and whitewater kayaks, Mainstream recreational kayaks, Harmony paddlesports accessories and AT Paddles. The company's wholly-owned subsidiary, Confluence Watersports Canada, Inc., distributes all the brands in Canada.