New Offerings Provide a Wider Group of Leatt Enthusiasts with Options in and Out of Competition
CAPE TOWN, South Africa (September 18, 2018) Leatt Corporation, (OTCQB: LEAT), a leading developer and marketer of protective equipment and ancillary products for a wide variety of sports, especially extreme high-velocity sports, announced the significant expansion of its Spring and Summer 2019 product offering with the addition of an entirely new selection of performance wear for competitive bicycle enthusiasts.
Leveraging its proven industry reputation for invention of the Leatt-Brace® and the development of technologically advanced protective gear, Leatt now offers head-to-knee protection and a full range of apparel products for a wide group of bicycle enthusiasts.
“These additions are a remarkable extension of the Leatt line, giving consumers a broader selection of products that exhibit the precision, performance, comfort and safety for which we are known,” stated Leatt CEO, Sean Macdonald. “It also allows us to put more SKUs on shelves and online, empowering us to service our loyal customers while attracting new customers who want more Leatt items. We are now closer to essentially closing the apparel circuit for a performance athlete who can be protected from head-to-knee by Leatt products.”
Amplifying the market opportunity for Leatt and its expanding catalog is a rapidly increasing bike distribution network that is both growing daily and providing ideal channels to offer the newest Leatt products.
“We believe that this product expansion establishes Leatt as an authentic bicycle apparel and protection brand in the marketplace, both on-and-off the bike seat,” added Macdonald. “Leatt is an elite option for cyclists as the name connotes excellence in competition. We plan to continue our expansion to meet this market need and to further monetize our hard-earned pedigree in the cycling world.”
Leatt’s new 2019 bike Spring/Summer DBX apparel collection includes:
- A long-sleeved 4.0 Ultraweld jersey
- Long and short 4.0 pants
- Three-quarter-sleeved 3.0 jersey with shorts
- T-sleeved 2.0 jersey
- Ultra-lightweight 1.0 jersey with shorts
- A 1.0 Zip jersey.
Leatt fans will also be able to purchase all-new and enhanced items from the 2019 Bike Outerwear line. The Company’s dynamic new 2019 bike outerwear collection includes:
- A new waterproof yet breathable DBX 5.0 All-Mountain jacket, jersey, and shorts gear set
- A Windblock soft-shell 4.0 jacket
- A lighter 2.0 jacket
- 2.0 Windblock gloves.
Explore Leatt’s new 2019 line here.
Leatt® 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, all-terrain vehicles, snowmobiles and other vehicles.
For more information, visit 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 impact of the new selection of performance wear on the Company’s results of operation and general financial outlook; the likelihood that the Company will continue to develop additional cycling products to meet market needs or that the Company will derive financial benefit from the sale of such products; 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.
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