CAPE TOWN, South Africa, May 23, 2016 /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT), a global developer, marketer and distributor of personal protective equipment for all forms of sports, including action sports and cycling, and whose products include the flagship Leatt-Brace®, announced today that it has signed a sponsorship agreement with the Chain Reaction Cycles (CRC) Team.
The CRC Team is a professional downhill mountain bike team of leading competitive riders featuring Sam Hill, a three-time UCI World Downhill champion, with riders Joe Smith, Mike Jones and Elliott Heap. The team will be racing on the 2016 circuit with a featured assortment of the latest Leatt protective gear for cyclists, including the DBX Carbon Helmet, DBX Neck Brace, DBX gloves and Leatt elbow and knee guards.
"Leatt's new line of new lightweight, ventilated carbon DBX bicycle helmets with the innovative 360 ̊ Turbine Technology were designed for racers like Team CRC, as well as for amateur riders, and were created to elevate the riding experience," said Leatt CEO, Sean Macdonald. "We believe that our helmets provide the highest level of protection, ventilation and comfort and are a natural fit with the Leatt-Brace neck brace and other gear. We are currently introducing these new and innovative helmets to the global markets and the response has been very promising," he added.
"It is great to have the backing of Leatt and their protective gear when racing all out as we do," Hill said. "Having the best gear means riding more freely and performing at the highest level."
Nigel Page, CRC Team Manager, is also proud to be associated with the Leatt brand. "We are all excited to partner with Leatt, especially since the expansion of their outstanding 2016 product range," says Page. "Our riders, especially Sam Hill, have been using Leatt neck braces for many years now and know that Leatt products are top-of-the-range when it comes to protection and safety in our dangerous sport. We look forward to achieving our racing and riding goals together with Leatt."
"We welcome Team CRC to our Leatt Family and we look forward to a long-lasting relationship with them," Macdonald concluded.
About Leatt Corporation
Leatt Corporation develops personal protective equipment and ancillary products for all forms of sports, especially extreme motor sports. The Leatt-Brace® is an award-winning neck brace system considered the gold standard for neck protection for anyone wearing a crash helmet as a form of protection. It was designed for participants in extreme sports or riding motorcycles, bicycles, mountain bicycles, all-terrain vehicles, snowmobiles and other vehicles. For more information, visit: www.leatt-corp.com | www.leatt.com.
This press release may contain forward-looking statements regarding Leatt Corporation (the "Company") within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the significance of the Company's association with the CRC Team, and the likelihood that the Company will develop innovative products and see increased revenue as a result of the relationship; the general ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," "should," "could," "intends," or "projects" or similar expressions, and involve known and unknown risks and uncertainties. These statements are based upon the Company's current expectations and speak only as of the date hereof. Any indication of the merits of a claim does not necessarily mean the claim will prevail at trial or otherwise. Financial performance in one period does not necessarily mean continued or better performance in the future. The Company's actual results in any endeavor may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, which factors or uncertainties may be beyond our ability to foresee or control. Other risk factors include the status of the Company's common stock as a "penny stock" and those listed in other reports posted on The OTC Markets Group, Inc.
Chief Executive Officer
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Michael Mason (Investors)
Len Hall (Media)
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SOURCE Leatt Corporation