In a statement released today by Messe Friedrichshafen, the company behind the Eurobike trade show has officially confirmed that they have cancelled plans for a September trade show in Portland.
Here is the full statement:

Although they met at Interbike and were in the midst of ongoing discussions, the Portland Oregon Visitor's Association (POVA) did not expect Messe Friedrichshafen's big announcement to bring a major bicycle trade show to Portland in September of 2007.
In a conversation today with POVA's VP of Sales, Michael Smith, I learned that the two groups [...]

[Doubtful]

With each passing day, the likelihood of Messe Friedrichshafen (the company behind Eurobike) following through with their announcement to bring a major bicycle trade show to Portland grows slimmer.
With only ten months left until their alleged show, they still have not confirmed dates, approached exhibitors, or even given it a name. Even as skepticism [...]

The recent announcement that Eurobike is planning a Portland trade show caught many people off guard. Everyone that is, except staff of the Portland Oregon Visitors Association (POVA).

Yesterday Lance Camisasca of Interbike responded to the announcement by Messe Friedrichshafen (organizers of the Eurobike trade show) to hold a new, rival trade show in Portland. In an official statement, Camisasca questioned the capacity of the Oregon Convention Center to hold a show that would be large enough to be successful:
""The OCC's main [...]

"I know that the point may be to shut down Interbike, but let's be realistic, it isn't going to happen in a year or two or even five. What happens in the mean time?"--Donna TocciKryptonite

Reactions to yesterday's big news that Eurobike boss (and Hood River resident) Erich Reiss plans to launch a major US bike [...]

[Don Walker, theman behind NAHBS]

The recent announcement that a major bike industry trade show will come to Portland next year has put a wrench in ongoing efforts by the PDC and Commissioner Sam Adams' office to woo the popular North American Handmade Bicycle Show (NAHBS) to Stumptown.
Don Walker, the man behind the NAHBS, told me [...]

Wow. Check this out...
From Bicycle Retailer & Industry News:
"The organizers of Eurobike, Germany’s premier trade show, will launch a competing event in Portland, Oregon, next September challenging Interbike’s long dominance as the only show in the U.S. market. Messe Friedrichshafen, Eurobike’s owners, have met with Portland officials who will support efforts to bring retailers [...]