Matt Lackey dropped us the following email today informing us he is parting ways with long term sponsor Billabong.

“As of today I am no longer riding for Billabong.

After representing the label for 7 years an offer was on the table for 2010 however I have decided to walk away from my relationship with the surfing giant.

Instead I will head in a new direction. This direction is with a new bodyboarding wetsuit label, and this decision will allow me to ride for a company with an artistic and creative vision with a high quality product that I believe will become a benchmark in the industry.

An official announcement on this label will be made in weeks to come.

Lackey.”