Newron Sport N.A. (NSPT) Receives Purchase Order for New 2010 Edition From Lortie Boucher Sports
April 14 2010 - 9:57AM
Marketwired
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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