Newron Sport (NSPT) Signs Distribution Agreement With Leading California Company
02 Mars 2010 - 3:30PM
Marketwired
Newron Sport (PINKSHEETS: NSPT) is pleased to announce that it has
signed a distribution agreement for its revolutionary tandem inline
skates with the Encore Hockey Group http://www.encorehockey.com/ of
Laguna Hills, California.
This agreement provides the Encore Hockey Group 2 years of
distribution. The Encore Hockey Group is a highly specialized
company that has built its exquisite reputation on providing
consumers with high quality innovative products. The Encore Hockey
Group is focused on the distribution of sporting goods throughout
America. The Encore Hockey Group will represent Newron's flagship
patented products.
"We are extremely pleased that the Encore Hockey Group has
entered into this agreement with us and will distribute our
products all across the USA," stated Mr. Robert Ritondo, President
of Newron Sport. "We are eager to be recognized as a company that
helped revolutionize the existing inline skate market, to show
sports and fitness enthusiasts that these patented skates are great
for endurance, conditioning and overall physical fitness."
"We would like to eventually establish our brand and ourselves
as exceptional sports companies such as Reebok, which is owned by
Adidas AG, Nike, Saucony, which is owned by Stride Rite Corp., and
Vans, which is owned by the VF Corp.," concluded Mr. Ritondo.
About Newron Sport
Newron's patented tandem device is a unique product that focuses
on both recreational use and enhancing sports performance by
allowing the enjoyment of inline skating on hard and rough surfaces
without the vibrations and loss of balance because of surface
imperfections, as the Newron skate system absorbs these
imperfections and provides the inline skate user the feel of a
smooth glide, stride and maneuverability of an ice skate, all while
offering the user a safer and more efficient braking system than
the conventional inline skates.
The Newron inline skate is intended both to help prevent injury
and to improve athletic performance via its confidence enhancing
attributes among inline skate sports participants. The Newron
inline skate seeks to foster the enjoyment of sports by people of
all ages.
Safe Harbor
Statements about the Company's future expectations and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby.
The above information contains information relating to the
Company that is based on the beliefs of the Company and/or its
management as well as assumptions made by and information currently
available to the Company or its management. When used in this
document, the words "anticipate," "estimate," "expect," "intend,"
"plans," "projects," and similar expressions, as they relate to the
Company or its management, are intended to identify forward-looking
statements. Such statements reflect the current view of the Company
regarding future events and are subject to certain risks,
uncertainties and assumptions, including the risks and
uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties.
Contact: Newron Sport Investor Relations: Phone Number: (973)
351-3868 investor@newronsport.com
Newron Sport (PK) (USOTC:NSPT)
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