Ultimate Sports, Inc. Details the Business of IM & M Exercise Equipment, Inc.
10 Juin 2010 - 3:00PM
Ultimate Sports, Inc. (Pink Sheets:USPS), a manufacturer and
supplier to the recreational vehicle industry, issued a statement
today regarding the business of IM & M Exercise Equipment,
Inc., formerly traded as Extreme Fitness, Inc. Ultimate Sports
announced its acquisition of IM & M Exercise Equipment last
month.
All revenues and earnings are expected to immediately impact
Ultimate Sport's financials. USI sales are expected to more than
double as a result of this acquisition.
Recent clients include professional sports teams: the New
York Giants, Boston Celtics, Denver Broncos, Chicago Bulls;
professional athletes like Jack Nicklaus and Larry Bird, and
numerous celebrities including Jane Fonda and Ted
Turner. Larger clientele include colleges and universities and
numerous health clubs such as Gold's and World's Gym. Extreme
Fitness also receives repeat business from the U.S. Air Force
Academy as well as over 70 correctional facilities in the U.S.
Kevin Metheny, President of Ultimate Sports, stated, "IM &
M's client repertoire is a definite advantage in this industry.
It's clear that the quality of their products keeps their customers
coming back for more."
About IM & M Exercise Equipment, Inc.: IM
& M Exercise Equipment, Inc., formerly traded as Extreme
Fitness, Inc., manufactures a wide array of cardiovascular,
exercise and strength training equipment for both professional
facilities and personal home use. Products range from exercise
machines to plates, dumbbells, barbells, and attachments. The
company's customers include the United States Military, gyms,
schools, colleges, universities, fire departments, police forces,
correctional facilities, fitness companies, fitness centers,
recreation centers, and outdoor sports facilities. Visit
www.extremest.com for more information.
About Ultimate Sports, Inc.: Ultimate Sports
specializes in every item, large and small, that snowmobilers need
in order to enjoy the sport and improve their performance —
especially snowmobile skis of all types. We have an extensive
inventory of carbide studs, mount kits, wear bars, suspension
parts, snow flaps, alignment bars, and so much more. Visit
www.usi-skis.com for more information.
Forward Looking Statements: This press release
contains certain forward-looking statements. Investors are
cautioned that certain statements in this release are "forward
looking statements" and involve both known and unknown risks,
uncertainties and other factors. Such uncertainties include, among
others, certain risks associated with the operation of the company
described above. The Company's actual results could differ
materially from expected results.
CONTACT: Orion Financial
Brokers & Analysts
800-400-1290
Ultimate Sports (PK) (USOTC:USPS)
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