Leatt Corporation Appoints Autofocus as Distributor in Australia and New Zealand
CAPE TOWN, South Africa, Nov. 2 /PRNewswire-FirstCall/ -- Leatt Corporation (Pink Sheets: LEAT), a Nevada, USA Corporation headquartered in Cape Town, South Africa, that develops, sells and distributes the Leatt- Brace(TM), a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that it has appointed a distributor in Australia and New Zealand. During a recent visit to Australia to present the Leatt-Brace(TM) to CAMS, the Australian motor sports sanctioning body, Dr. Chris Leatt, President and C.E.O. of the Leatt Corporation, met with potential distributors of the Leatt-Brace(TM) in Australia and New Zealand and the Leatt Corporation is pleased to announce that Autofocus has been granted the rights to distribute Leatt-Brace(TM) products throughout these two regions. As part of the Company's efforts to create a global marketing and sales network for the Leatt-Brace(TM), Autofocus will have the rights to market and distribute both the Leatt-Brace(TM) MOTO GPX, Leatt-Brace(TM) MOTO R and all parts and accessories associated with these two products throughout Australia and New Zealand. "Having a company like Autofocus to assist us in our efforts to bring the Leatt-Brace(TM) to the attention of drivers and riders around the world will prove to be invaluable in the long term," said Dr. Chris Leatt, President and C.E.O of the Leatt Corporation. He further added, "By appointing Autofocus as our distributor in Australia and New Zealand, we are increasing the extent of our international sales and marketing. Autofocus provides us with a physical presence in these territories, which should enhance our sales and marketing endeavors in these markets. We are looking forward to providing the brace to people around the world who desire the added protection afforded by wearing the brace during motor sport activities." About The Leatt Corporation: The Leatt Corporation is the exclusive global distributor of the Leatt-Brace(TM), a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company's operations and research and development of the core products currently take place at the Leatt Corporation's offices in Cape Town, South Africa. About Autofocus: Autofocus (www.autohold.com.au ) is an importer and distributor of high profile motor sport and electronic equipment. Autofocus also supplies the Factory Ford Racing teams in Australia with motor sports equipment. For more information on the Leatt-Brace(TM), please visit the company website at www.leatt-brace.com . The contents of the Web Site are not part of this release and the Web Site is solely for product information purposes. Legal Notice Regarding Forward-Looking Statements: This press release may contain forward-looking statements, which are based on the Company's current expectations, forecasts and assumptions. In some cases forward-looking statements may be identified by forward-looking words like "would," "intend," "hope," "will," "may," "should," "expect," "anticipate," "believe," "estimate," "predict," "continue," or similar words. Forward-looking statements involve risks and uncertainties which could cause actual outcomes and results to differ materially from the Company's expectations, forecasts and assumptions. These risks and uncertainties include risks and uncertainties not within the control of the Company, including, without limitation, the current economic climate and other related risks and uncertainties, the limited resources of the Company and resulting vulnerability of the Company and its products to domestic and international competitors with considerably greater resources than the Company and possible inability to establish market share against competing products in many markets, current limited distribution channels for the Company's products, actions of our competitors, the limited cash flow of the Company and the resulting reliance on the private placement or sale of Company securities to finance operations (the extent to which affects our ability to develop new products and markets, the time and expense involved in such development activities, the level of demand and market acceptance of our products, and changes in our business strategies. The Company's common stock is traded on the Pink Sheet system and the Company is a "penny stock company" as defined under the rules of the Securities Exchange Act of 1934, as amended. As such, there are additional, substantial risks associated with the Company and its securities. Such risks include limited liquidity of the Company's common stock and limitations on ability of broker-dealers to trade or recommend such stock. Investor Relations: Please contact firstname.lastname@example.org or call +1 (831) 306-6117.
SOURCE Leatt Corporation
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