Newron Sport (NSPT) Completes Agreement With National Hockey Inline Association to Increase Newron Brand Exposure
May 11 2010 - 4:15PM
Marketwired
Newron Sport (PINKSHEETS: NSPT) is pleased to announce that it has
completed negotiations with National Inline Hockey
Association-Canada (NIHA-Canada). NIHA-Canada (www.niha.ca) will
allow Newron the ability to directly market and sell to all NIHA
members and through its network of affiliations, which includes the
International Ice Hockey Federation. The International Ice Hockey
Federation's rules govern the hockey World Championships and the
Olympics.
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.
Mr. Nathan Fleck, the Executive Director of NIHA-Canada, stated,
"NIHA-Canada is very excited to partner with Newron Sports and be a
part of the technological advances they are making with the
standard roller hockey skate. By partnering with Newron Sports we
hope to provide every roller hockey player in Canada with the
opportunity to try the newest product on the market. Newron's
technology will make it easier to transfer their ice hockey skills
as well as assist the new players in getting accustomed to skating
on wheels."
Mr. Fleck further commented, "NIHA-Canada is proud to be
associated with a company like Newron Sports who are dedicated to
growing the sport of roller hockey by providing the best possible
equipment to players. NIHA-Canada is looking forward to providing
opportunities to players across Canada to upgrade their skates to
Newron technology."
Mr. Robert Ritondo, President of Newron Sport N.A., stated, "The
opportunity that we have just been provided upon closing this deal
with NIHA-Canada is tremendous. Not only will be able to supply
over 9000 members but the agreement with NIHA-Canada will also
expand Newron's brand recognition into international markets
through Hockey Canada, USA Hockey and International Ice Hockey
Federation.
"We would hopefully one day, like to work towards possibly being
one of the IIHF Supplier Pool Members, which includes Bauer, Busch,
Easton Sports, Graf, Fischer, Frontier, Rebellion, Reebok/CCM,
Sherwood Inc, Tackla and Warrior, who have all made their equipment
available to qualifying National Associations," 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
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
Newron Sport (PK) (USOTC:NSPT)
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