Las Vegas, NV, August 29, 2005 --(PR.com
)-- Leatt Corporation (Pink Sheets – LEAT), a Nevada Corporation headquartered in Cape Town, South Africa, that develops, sells and distributes the Leatt-Brace™, a Prophylactic Neck Brace System designed to prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced the completion of the design specifications for the revised MOTO GPX and MOTO R models.
Mark Hopkins, C.E.O. of Leatt Brace Manufacture (Pty) Ltd., the South African manufacturing company for the Leatt Corporation, said “We view the completion of the product design specifications as a major milestone for the company. This is the culmination of many months of research and field trials, where the product has been put through its paces in a ‘real-world’ environment.”
Prototypes of the Leatt-Brace™ have been manufactured and tested. Testing took place at the Eurotype Test Center located at the South African Bureau of Standards (SABS, http://www.dti.gov.za/thedti/sabs.htm) and the brace has been developed in consultation with Motorsport South Africa (MSA, http://www.motorsport.co.za), the governing body of South African motor sport, and National Champion competitors. Production of the retail version of the Leatt-Brace™ will begin on or before November 30th, 2005.
“We have taken all the data from these trials,” added Mark, “and have developed what we believe will become a viable, marketable Prophylactic Neck Brace system.”
The end result is the Leatt-Brace™, 'the helmet for your neck', consisting of the following two models:
• MOTO R (Designed for use in a Car/Kart)
• MOTO GPX (Designed for use while riding an Upright Bike – e.g. Motocross or an Inclined Bike – e.g. Superbike)
These models are available in the following versions Club (fiberglass), Sport (carbon fiber and fiberglass) and Professional (carbon fiber with titanium inserts). All have a Kevlar inner lining.
The Company has received pre-order requests, including pre-order requests from major racing teams.
About The Leatt Corporation: The Leatt Corporation is the exclusive global distributor of the Leatt-Brace™, a Prophylactic Neck Brace, which is designed to prevent potentially devastating motor sport injuries to the cervical spine (neck). The Leatt Corporation is in the business of designing, developing and manufacturing cervical spine (neck) protection equipment for all forms of motor sports.
The inventor of the brace, Dr. Chris Leatt, is the President of The Leatt Corporation Inc. and is responsible for executing the company’s global strategy. The company is currently listed on the US Pink Sheets quotation service with the ticker symbol, “LEAT”.
For more information on the Company and the Leatt-Brace™, please visit the company website at www.leatt-brace.com. The contents of any referenced Web Site or links therein are expressly not incorporated into this press release.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements'' as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. The Leatt Corporation disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, and changes in our business strategies. Other risk factors include, without limitation, the limited resources of the company and the substantially greater resources of competitors, the Company’s status as a penny stock company and a start-up concern without a proven track record in product sales or acceptance of its products by the market, the limitations on liquidity of an investment in Pink Sheet stocks, potential product liability exposure for its products and other risk factors identified in the Company’s present and future public disclosures.
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