CAPE TOWN, South Africa, Nov. 9 /PRNewswire-FirstCall/ -- Leatt
Corporation (Pink Sheets: LEAT), a Nevada, USA Corporation headquartered in
Cape Town, South Africa, and the developer of 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 Canada.
As part of a visit to the U.S., Dr. Chris Leatt, President and C.E.O.
of the Leatt Corporation, met with potential distributors of the
Leatt-Brace(TM) in that region and the Leatt Corporation is pleased to
announce that WMM Partners, Ltd., headed by Michael Zelenski, has been
appointed the rights to distribute Leatt-Brace(TM) products throughout
As part of the Company's efforts to create a marketing and sales
network for the Leatt-Brace(TM), WMM Partners, Ltd. 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
"By appointing WMM, Ltd. as our distributor in Canada, we are
effectively increasing our global footprint and having a physical presence
in these territories should assist our company tremendously in its sales
and marketing endeavors," said Dr. Chris Leatt, President and C.E.O. of
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.
For more information on the Leatt-Brace(TM), please visit the company
website at www.leatt-brace.com . Any web site or portion thereof referenced
herein is not a part of this press release.
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 in the control of the Company,
including, without limitation, the current economic climate and other 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 sale of Company securities to finance
operations, the extent to which affects our ability to develop new services
and markets for our services, 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.
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SOURCE Leatt Corporation