LAS VEGAS, NV, Apr 14 (MARKET WIRE) —
Newron Sport (PINKSHEETS: NSPT) is pleased to announce that it has
received a purchase order for its new 2010 edition products from Lortie
Boucher Sports Corporation. Lortie Boucher Sports Corporation is one of
the most reputable sports retailers in Quebec city.
LORTIE BOUCHER Sports is a diverse company offering retail-sporting
goods, corporate sales and a team sports division. Lortie Boucher Sports
has 22 stores under several banners including Sports Expert, Hockey
Expert, Atmosphere, Quebec Sportif and Inter Sport, which retails some of
the largest brand names and category leaders in sporting goods,
including: Nike, Easton, Reebok, Mission, Adidas, Puma, Under Armor and
Wilson to name a few.
“Boucher Lortie Sports is a great direction for Newron,” states Mr.
Robert Ritondo, President of Newron Sport. “Boucher Lortie Sports is
perhaps one of the largest retailers of brand names and category leaders
in eastern Canada. This is a great opportunity for Newron to establish
its new 2010 edition products and will possibly be a category leader in
the very near future. I strongly believe customers and clientele of
Boucher Lortie Sports will be very excited once they see the new series
of the Newron products and how we are revolutionizing the inline skating
industry.”
“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 Corporation, and Vans, which
is owned by the VF Corporation,” concluded Mr. Ritondo.
Newron Sport has targeted the market segment of inline skates, which has
not seen any technological innovation in the last 30 years. With the
patented inline skates created by Newron Sport, and with a world skating
market of over 50 million pairs annually and steadily growing according
to statistics released by the Sporting Goods Manufacturers Association,
Newron is poised to establish itself in a market that has grown from 35
million pairs annually in 1999 to over 50 million pairs in 2005, and
estimated 60 million pairs in 2009. Please feel free to visit the site
at: www.newronsport.com
About Lortie Boucher Corporation
Lortie Boucher Sports Corporation has 22 retail stores and employees over
475 employees and affiliate of the forzani group family. The company
provides a variety of services to its consumers including retail sales of
leading brand name products for the sports community. For more
information please visit: www.lortieboucher.com
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 manoeuvrability of an
ice skate, all while offering the user a safer and more efficient braking
system than the conventional inline skates.
The Newron inline skates 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
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