By Jerd Smith, Daily Camera, Boulder, Colo. Knight-Ridder/Tribune Business News Aug. 1--Raising $200,000 was easy once Brett Conrad and Dave Alden got investors out on ski slopes, riding snowboards using their new binding. Conrad and Alden, thirtysomething guys who've spent more than a decade riding snowboards, have developed a "no pain" soft boot and binding system they believe will bring snowboarding into the mainstream. Current snowboard bindings use buckles and ratchets to secure boots to the board. Conrad and Alden's company, Device Inc., based in Boulder, has taken another tack, creating a step-in binding similar to those used on downhill skis, in conjunction with the traditional soft boot now used by most snowboarders. But like any good downhill race, Conrad and Alden are up against stiff competition. This fall, two other companies will also introduce radical new binding systems, systems the board industry claims will make snowboarding equipment as easy to use and as performance conscious as the best downhill ski equipment. Well aware of the need for speed, Conrad and Alden have, since the first of the year, built Device into a functioning company. Operating out of an aging apartment house on Mapleton Street, the two have completed the design of the system, lined up manufacturing agreements here and abroad, set up a warehouse distribution system and launched an aggressive marketing campaign that has snagged enough pre-orders to sell out the first batch. Backed with money gleaned largely from other Boulder business people, the Device duo plans to spend another $200,000 or so during the next 12 months, money that will go toward further refining the design and paying for the first year's inventory. Just as important as building Device's first inventory, however, is keeping an eye on the competition. The two companies making the race interesting are Switch, a San Francisco-based company, and a joint venture between K2, a ski maker, and Shimano, which manufacturers mountain bike equipment. Both firms have more resources to throw at the binding race than Device does. But Conrad and Alden believe their system is the one the nation's 2 million snowboarders are most likely to embrace. Device, if it doesn't have Fortune 500 clout, does have deeply experienced business people backing it, including a cadre of snowboarders who owned their own companies before lining up behind Device. Conrad formerly was a co-owner in Wave Rave Inc., a Boulder-based company that manufacturers snowboard clothing and runs retail clothing stores. Dave Alden, whose brother Rick designed the prototype for the Device binding, is a former professional snowboarder who has sold boards here and abroad. Device's investors bring more than just cash to the table. Barnie Feinblum, former chief executive of Celestial Seasonings Inc., has signed onto the project, as has Jim Gardner, a co-owner in Xpresso, a drive-through espresso shop that has three stores in the metro area. "I'm very conservative with my money," Gardner said. "But I've ridden this binding. It allows faster, more-precise turns. There's no pain and you can get in and out of it quickly. I think it's going to walk off the shelves," said Gardner, who formerly owned a small company that did snowboard demonstrations around the country. "Their challenge is going to be distribution, getting production set up and making sure the product ships on time," Gardner said. Still another hurdle will be to win the hearts and minds of dyed-in- the- wool snowboarders, people who've been involved in the sport for the 15 years or so it's been hot in the states. Though the sport attracts a lot more people now, it is still dominated by youngsters who believe downhill skiing is way too establishment, and who shun the traditional ski world. Jared Roy, an avid back- country snowboarder who sells and rents boards during the winter, said he sees little need for the new soft boot and binding system. "I can't ever see myself using something like that," he said. "I'm perfectly happy with what I've got and I know plenty of pros who feel the same way." But Conrad believes the die-hards will convert once the Device system starts showing up on ski slopes. Fortunately for Device, more slopes are open to snowboards now than ever before. The snowboard scene is much different than a decade ago when Alden and Conrad were new to the industry. "It used to be the only places we could ride were the small resorts, who would take any dollar they could get," said Dave Alden. Now there are only a small number of resorts that still ban the boards and their baggy-pants owners. Most ski areas, aware of the drop in downhill skier numbers, are watching the growth of snowboarding closely. Analysts estimate the number of "riders" has grown 15 percent to 20 percent in each of the past three years. Few analysts are watching the business as closely as RRC Associates in Boulder, a ski industry research and consulting firm that has invested in Device. "We see (snowboarding) as a growing part of the ski industry," said Chris Cares, a principal with RRC Associates. "It's where the energy and excitement are right now. And as it becomes easier to handle the equipment, more skiers are likely to try it." Cares estimates that of the 11 million or so skier visits in Colorado last year, about 1 million were snowboarders. Cares, who invested in Device about a month ago, said that once he and his partner saw the soft boot and binding system, the decision to put cash on the table came easily. "We're always very cautious. But we made that decision pretty quickly," he said. Now, is of the essence at Device. Conrad and Alden are pushing hard to ensure they make their Sept. 1 product ship date. But they're not planning to saturate stores this year. They're taking a more measured approach. "We're priming the pump," Conrad said. "We don't want to try financing a huge inventory this first season." Not until the fall of 1996, when the company plans to offer about 12,000 units to the buying public, will Device's device be widely available. The company already has an agreement with a major snowboard maker, San Diego- based Lamar Corp., to provide Device systems for sale with the company's boards. END!I7?BO-SNOWBOARD