Mavericks Announces Largest Prize Purse In Big-Wave Surfing History
January 13, 2009

Mavericks Announces Historic $150,000 Contest Prize Purse: Guen, Sutherland and Barracuda Networks Create Largest Big-Wave Purse Ever

HALF MOON BAY, Calif., January 13, 2008 Mavericks Surf Ventures, Inc. (Mavericks) today announced that The 2009 Mavericks Surf Contest® invitees will compete for $150,000—the largest known prize purse in big-wave surfing competition history.  Moose Guen and Jane Sutherland of MVision personally contributed $75,000 last month, and new Mavericks partner Barracuda Networks Inc. has just doubled the prize.

“Jane and I are very happy for Mavericks and the Contest surfers with Barracuda Networks’ decision to double the prize purse,” commented Moose Guen.  “This historic moment serves to recognize the bravado, the skills, and the talent of these big-wave surfers in such extreme conditions. As I like to say, ‘Let us defy the odds in 2009!’”

“Barracuda Networks is thrilled to take part in this globally-recognized competition,” said Dean Drako, president and CEO of Barracuda Networks.  “The Mavericks phenomenon embodies the idea that with great risk comes great reward and it is that philosophy that continues to stoke the entrepreneurial fires Barracuda Networks was founded upon.”

“We’re humbled by the support of Moose, Jane and now Barracuda Networks,” added Mavericks CEO Keir J. Beadling.  “Now we have a prize purse that begins to acknowledge what goes down out there at Mavericks, and we can all look forward to an amazing show of athleticism on Contest Day this season.”