Newron Sport (NSPT) Begins Negotiations With the National Inline Hockey Association - Canada to Begin Team Sales to Over 9,000 M
April 29 2010 - 9:25AM
Marketwired
Newron Sport (PINKSHEETS: NSPT) is pleased to announce today that
it has entered negotiations with National Inline Hockey Association
- Canada (NIHA-Canada). NIHA-Canada (www.niha.ca) will begin by
introducing the Newron inline skate technology to all of the
NIHA-Canada members.
The deal between Newron Sport and NIHA-Canada would allow Newron
Sport to begin team sales to all of NIHA-Canada's affiliated teams
and members for its patented inline skates. Currently the
membership surpasses 9,000 and is steadily growing.
Mr. Robert Ritondo, President of Newron Sport N.A., stated,
"NIHA-Canada is looking forward to creating a partnership with
Newron Sport for their National Team Program. This partnership will
assist promoting the sales of our products and is an endorsement
program of the Newron brand."
NIHA-Canada consists of a membership base of over 9,000 inline
hockey players, as well as a National Men's Team Program that
attends the IIHF Men's World Inline Championships on an annual
basis. NIHA-Canada is recognized as the governing body for inline
hockey by Hockey Canada, USA Hockey and the International Ice
Hockey Federation.
"We are very excited about the continued growth of Newron Sport
and the continued positive response that has been received. It
continues to help our confidence moving forward when such a
prominent association such as NIHA-Canada shows great interest in
our products and how Newron can improve the game with its unique
technology. We feel that this will give us the brand recognition
that we are seeking throughout the inline hockey associations
across the globe as we build Newron to establish itself as a
category leader in inline skates," continued Mr. Ritondo.
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 maneuverability of an ice skate, all while
offering the user a safer and more efficient braking system than
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
Newron Sport (PK) (USOTC:NSPT)
Historical Stock Chart
From Nov 2024 to Dec 2024
Newron Sport (PK) (USOTC:NSPT)
Historical Stock Chart
From Dec 2023 to Dec 2024