LAS VEGAS, NV--(Marketwire - 05/11/10) - Newron Sport (Pinksheets:NSPT - News) is pleased to announce that it has completed negotiations with National Inline Hockey Association-Canada (NIHA-Canada). NIHA-Canada (http://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.
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