From the Press Release issued Yesterday:
Volcom, Inc. has completed its purchase of a house located directly in front of the world famous Pipeline surf break on Oahu's legendary North Shore. The residence will accommodate Volcom's surf team riders during the winter surf season and will be the location for various Volcom marketing functions throughout the year.
"Steeped in history, this house is a surfing landmark," said Richard Woolcott, Volcom's president and chief executive officer. "This is an unbelievable opportunity for our marketing program and it is an honor to have Volcom associated with it."