(MARKETWIRE via COMTEX) -- Leatt Corporation, a Nevada corporation (PINKSHEETS: LEAT) (Company), and the developer of the Leatt-Brace(R), a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that the new award winning Leatt-Brace(R) DBX will be on shelves in US stores soon.
"The Leatt-Brace(R) DBX is a bike specific neck protection system by Leatt(R) designed to meet the needs of Downhill Mountain bike and BMX riders specifically. It is based on the same technology as the Leatt-Brace(R) Moto GPX. We are also thrilled that it walked away with the coveted ISPO Brand New Award in the Protection Category presented at the Munich Bike Expo held in July 2010," said acting Chief Executive Officer Sean Macdonald.
Leatt Corporation: Since 2006, we have produced and sold worldwide a line of Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV and other motor vehicles. Our product line is set forth at our sales/product URL: http://www.leatt-brace.com.
NOTICE: This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company's reaction to those factors; on consumer and business buying decisions with respect to the Company's products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company's dependency on the performance of distributors and other resellers of the Company's products. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public disclosures at http:www.leatt-corp.com. The Company's common stock quotes on The Pink OTC Market and said stock is a "penny stock" under SEC rules. As such, any investment in the common stock is highly risky. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, unless applicable laws require otherwise. Neither any URLs referenced herein nor their contents are incorporated herein or made a part of this press release.
Tuesday, August 24, 2010
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