ALTITUDE
INTERNATIONAL SIGNS LETTER OF INTENT TO ACQUIRE BREUNICH
HOLDINGS SUBSIDIARIES
Port St. Lucie,
FL -- January 19, 2021 -- InvestorsHub NewsWire -- Altitude
International Holdings, Inc. (OTCQB: "ALTD") has signed a Letter of
Intent to acquire Breunich Holdings, Inc
("BHI"), and its wholly-owned Subsidiaries had
unaudited
revenues
over
$6 mil in 2019, most of
which are generated by its
sports academies in Port St. Lucie
and North Miami
Beach. BHI is currently controlled by
its Founder and
CEO, Greg
Breunich,
recently named CEO and Chairman
of
ALTD.
BHI's sports academies are
tuition-based pre-college learning centers
that combine the highest athletic training and
academic development level. At age 20, Breunich created the
Bollettieri
Sports
Academy business model known as IMG
Academies. IMG Academies became the worldwide gold standard for training,
educating, and building highly marketable superstar champion
athletes.
BHI
is
currently experiencing
significant
growth in its
soccer operations and is pursuing a soccer club acquisition
strategy.
The
Company has made five recent synergistic
acquisitions, ITA-USA Enterprise LLC d.b.a.
Club Med Academies, CMA Soccer LLC, North Miami Beach Academy LLC
Six Log Cleaning and Sanitizing LLC, and Trident Water
LLC, which are positioned for
substantial
growth well into
the future. The sale of
ALTD's simulated altitude chambers
will be an
important ongoing part of
Breunich's new business
model. He plans to introduce
simulated
altitude
chambers
to his
Academies' regimen for athlete training,
injury prevention, and program
development.
"I believe BHI is at the
same expansion breakout point as
IMG
was
when
we
achieved
unparalleled levels of growth in this market," said Breunich.
"I cannot think of a
better company for us than ALTD, whose synergies complement
our athletic performance.
"Our
access to funds in the public market should be much quicker and considerably
less
expensive than what I
experienced in the private
sector,
making our
growth curve even more
dramatic."
ABOUT
ALTITUDE INTERNATIONAL HOLDINGS
ALTD provides
custom-built simulated altitude chambers and position-specific
protocols to its clients, including an NFL franchise, Tulane
University, and a leading high- performance treadmill manufacturer.
ALTD's team of acclaimed sports
scientists represent some of the world's most accomplished in the
formulation and execution of cutting-edge training techniques. ALTD
chambers have contributed to documented performance improvements
for its clients, including the shattering of a world cycling record
at Woodway. For more information about ALTD, visit
www.altdint.com.
SAFE HARBOR
STATEMENT
This press
release contains certain "forward-looking
statements," as defined in the United
States Private Securities Litigation Reform Act of 1995, that
involve a
number of risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate, and the actual results and
future events could differ materially from
management's current expectations. The
economic, competitive, governmental, technological,
and other factors
identified in the Company's previous filings with the
Securities and Exchange Commission may cause actual results or
events to differ materially from those described in
this
press's forward-looking statements release. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements whether from new
information, future
events, or otherwise.
Media contact:
Dilara Tuncer 941-549-3571; dilara@transmediagroup.com.
SOURCE Altitude
International Holdings, Inc.