New Line Debuted at Crankworx Whistler includes Array of Jerseys, Pants, Jackets;
Expands into Apparel, Consumer Markets
CAPE TOWN, South Africa (September 12, 2016) – Leatt Corporation (OTCQB: LEAT), a global developer, marketer and distributor of personal protective equipment for all forms of sports, and whose products include the flagship Leatt-Brace®, announced today that it has expanded its Motocross/Off-Road Range of products for 2017. The new portfolio adds a wide array of apparel designs, as well as high-performance protection gear, including new helmets.
The new launch, which was publicly debuted at Crankworx Whistler in British Columbia, follows Leatt’s recent launch of new bicycling products into new, broader consumer markets.
Sean Macdonald, CEO of Leatt Corporation, commented: “We are very pleased with the 2017 Leatt Range of products and would like to take this opportunity to highlight its new additions. As we have done with our new 2017 Bicycle Range, we are reaching out to a broader group of buyers with our new riding gear, while still maintaining our focus on protection, performance and technical innovation. Our new moto/off-road line includes limb, joint and chest protection products, along with four jerseys, two pants, two jackets and five glove selections. Today, we are much more than a neck brace company. We have expanded into a whole new catalogue of products including gear, backpacks and apparel with new lines of jerseys, pants, jackets and other innovations.”
Macdonald added, “The Company also launched an ECE specific and ECE/DOT specific versions of the Off-road GPX 5.5 and 6.5 helmets. We hope to begin shipment of these helmets during the fourth quarter of 2016 and into 2017. In line with our culture of continuous improvement and innovation, we have enhanced our entire helmet range to appeal to a wider consumer group by refining our sizing, as well as by introducing the lighter ECE version. The new ECE version helmet is fifteen percent lighter than the DOT version and specifically designed for the European market. We believe this will give us a competitive edge in the market.”
“In the creation of this new 2017 line, we have paid extra-attention to the needs of a vast array of riders at all levels, and our team riders play an important role in driving these innovation and design efforts,” Macdonald stated. “The new apparel range provides great brand exposure due to its high visibility and we expect to continue expanding our engineering and design intelligence beyond protection products as we explore new areas for improvement and expansion.”
Further highlights for 2017 is the newly-designed C-Frame Pro Carbon knee brace, with three-point force distribution, and super stiff, forged C-arm, mono-hinged construction designed to sharply reduce knee injuries. It is certified as a medical device in the European Union and the US and CE-tested and certified as impact protection. The new line also includes knee brace pants, knee brace socks and knee brace sleeves that reinforce the brace’s protection. All the new Leatt helmet designs incorporate the ground-breaking 360° Turbine Technology. These turbines are set inside the helmet and are made of 3D-molded Armourgel® which stiffens upon impact. The turbines deform to absorb both vertical and rotational impact forces.
About Leatt Corporation
Leatt® Corporation develops personal protective equipment and ancillary products for all forms of
sports, especially action 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 action 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.
Follow Leatt® on Facebook, Instagram and Twitter.
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 2017 product line and its impact on the Company’s results of operation; the general ability of the Company to achieve its commercial objectives, including its efforts to expand its product catalogue beyond protection products into larger consumer markets; 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
+ (27) 21 557 7257
Michael Mason (investors)
Len Hall (Media)