Jim Weber resigned from the Board of Directors of Nautilus, Inc. following completion of the company’s acquisition of PEARL iZUMI USA, Nautilus reported in a filing with the SEC. The resignation was effective July 8, 2005. Mr. Weber is the president and chief executive officer of Brooks Sports, Inc., which competes in certain markets with PEARL iZUMI USA. Mr. Weber resigned in order to avoid any perceived or actual conflicts of interest. Mr. Weber did not participate in the deliberations or vote by the Board of Directors of Nautilus, Inc. related to the acquisition of PEARL iZUMI USA.

Mr. Weber had been a member of the company’s Board of Directors of since 2001. At the time of his resignation, Mr. Weber was serving on the company’s Compensation Committee and the Nominating and Corporate Governance Committee.