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SMALL BUSINESS
Newron Sport (NSPT) Receives Purchase Order From Lortie Boucher Sports
Market Wire
LAS VEGAS, NV -- (Marketwire) -- 11/11/09 -- Newron Sport (PINKSHEETS: NSPT) is pleased to
announce that it is continuing its positive retail growth with one of the
most reputable sports retailers servicing Quebec City, Lortie Boucher
Sports Corporation.
"Newron is a very exciting brand with a revolutionary technology, that will
no doubt change the way inline skating has been practiced," stated Mr.
Pierre Durivage of Lortie Boucher Sports.
Lortie Boucher Sports is a diverse company offering retail-sporting goods,
corporate sales and a team sports division. Lortie Boucher Sports,
counting 22 stores under several banners, including Sports Expert, Hockey
Expert, Atmosphere, Quebec Sportif and Inter Sport, retails some of the
largest brand names and category leaders in sporting goods, including Nike,
Easton, Reebok, Mission, Adidas, Puma, Under Armor and Wilson, to name a
few.
"Boucher Lortie Sports is a great direction for Newron," stated Mr. Robert
Ritondo, President of Newron Sport. "Boucher Lortie Sports is perhaps one
of the largest retailers of brand names and category leaders in eastern
Canada and it is a great opportunity for Newron to establish itself as a
brand name and possible category leader in the very near future. I
strongly believe customers and clientele of Boucher Lortie Sports will be
very excited once they see the Newron skate and how it will revolutionize
the inline skating industry."
Newron Sport has targeted the market segment of inline skates, which has
not seen any technological innovation in the last 30 years. With the
patented inline skates created by Newron Sport, and with a world skating
market of over 50 million pairs annually and steadily growing according to
statistics released by the Sporting Goods Manufacturers Association, Newron
is poised to establish itself in a market that has grown from 35 million
pairs annually in 1999 to over 50 million pairs in 2005, and estimated 60
million pairs in 2009. Please feel free to visit the site at:
About Lortie Boucher Corporation
Lortie Boucher Sports Corporation has 22 retail stores and employs over 475
employees and is an affiliate of the Forzani Group family. The company
provides a variety of services to its consumers including retail sales of
leading brand name products for the sports community. For more information
please visit:
www.lortieboucher.com.
About Newron Sport
Newron's patented tandem device is a unique product that focuses on both
recreational use and enhanced 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 skate 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 Statement
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
Newron Sport
Investor Relations
Phone Number: (973) 351-3868
MARKET WIRE
2009-11-11 09:00:36
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