Team Volksbank added the German bike manufacturer as a second name sponsor to become Team Volksbank-Corratec, the squad announced Friday. The change is effective immediately, and the contract runs through 2009.
Announcing the change at the end of the Deutschland Tour prologue, team manager Thomas Kofler said, "We are working towards a long-term cooperation and will intensify our work together and our synergies for the future. The material has proved itself to be good. I am looking forward to a successful partnership."
"After two years of cooperation we decided to increase our engagement in Team Volksbank-Corratec and we are happy that the brand name of Corratec will now internationally represented in the team name," said Konrad Irlbacher of IKO Sportartikel Handels GmbH. "For us of course the important thing is to increase the recognition of our brand name. At the same time it is also important to develop products with a competent partner."
Volksbank-Corratec is an Austrian registered Professional Continental team. IKO Sportartikel produces bikes and related products under the Corratec name.