Expands into new category, launching highly stylized, protective eyewear
CAPE TOWN, South Africa (March 11, 2019) Leatt Corporation, (OTCQB: LEAT), a leading developer and marketer of protective equipment and ancillary products for a wide variety of sports, especially extreme and high-velocity sports, today announced that it has expanded into a new product category with the official launch of its new range of Velocity Goggles.
“We have broadened our line-up of products and have created another critical touch point with extreme sport athletes at all levels with the introduction of our high-performance, bullet-proof goggles,” commented Leatt Chief Executive Officer, Sean Macdonald. “We have continually expanded our product catalog over the years, with a view to adding one new product category each season in order to effectively extend our addressable markets and grow our brand recognition globally. Goggles protect a critical area of riders’ anatomy, and due to their visible placement, they are an ideal medium for introducing new consumers to the Leatt brand.”
Our full range of goggles are available in a variety of colors that are designed to function in all conditions. They were developed with WideVision anti-glare, anti-fog technology and are bullet-proof; tested to military ballistic standards for durability. Leatt goggles also feature a detachable nose piece for multi-purpose use with easy lens changes and self-draining frames that accommodate nine different anti-fog lenses that provide the same fitment for the entire line-up ranging from 20-83% Visible Light Transmission (VLT).
Dr. Christopher Leatt, Chairman of the Board and lead Research and Development consultant added, “We have a long track record of researching, developing and testing innovative, high-quality safety and protective gear. Our goggles are made to military specification for durability, are highly stylized for a sleek, appealing look and are a further testament to our commitment to protecting and outfitting extreme sport athletes.”
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 Velocity Goggles on the Company’s results of operation and general financial outlook; the likelihood that the Company will continue to add one new product category each season on average and to expand into new markets and grow brand recognition; 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.