From a Capital Regiment press release:

The Board of Trustees of Capital Regiment of Columbus, Ohio met Oct. 16 to discuss the return of the organization's competitive drum corps for the 2008 Drum Corps International season. After months of efforts and discussions, the board voted against fielding a corps for the 2008 season. Capital Regiment has been competitively inactive since the end of DCI's 2006 Summer Music Games Tour.

"I respect the decision of the board to allow us to continue focusing on the long term stability of Capital Regiment," said Rick Bays, Capital Regiment founder and executive director. "Of course it does sadden me as many former and prospective members, staff, and volunteers have been very enthusiastic about the potential for our return in 2008. Unfortunately, we are still not in a position to do so."

Capital Regiment plans to continue to work diligently over the next year so that the corps can return to competition in 2009.

"We have significantly improved the financial position of Capital Regiment over the past year," said Greg Smith, vice president and treasurer of the board. "However, with the economic conditions in the Midwest along with the rising costs of supporting a touring drum and bugle corps, we are not quite financially ready to provide the best experience possible to our members."

While Capital Regiment will not be a participating corps this summer, the organization will continue to host the "Artistry in Motion" Drum Corps International sanctioned event as part of the 2008 Summer Music Games Tour.