Saucony, Inc. has announced that Institutional Shareholder Services, Inc. (ISS), an independent proxy advisory firm, has recommended that Saucony shareholders vote for the proposed acquisition of Saucony by The Stride Rite Corporation at Saucony's special meeting of stockholders held on September 16, 2005.

In its report on the proposed transaction, ISS stated, "(We) believe that the merger agreement warrants shareholder support. We note that the company's decision to sell was reached following a lengthy sale process, in which a total of 46 parties were contacted."