Newron Sport Releases Three Year Revenue Projections
10 Novembro 2008 - 12:30PM
Business Wire
Newron Sport (PINKSHEETS: NSPT) released revenue projections for
the sale of its patented Newron tandem inline skates. There are
currently 3 available models of the Newron inline sports
performance skate - the Newron Hockey, Trainon and the Touron. The
product is designed for safety and to give the same sensation, feel
and stride as an ice skate, while taking away all the discomforts
of a regular linear inline skate. The Newron inline skates allow
athletes to train while providing the same bio mechanical movement
as if skating on ice. Mr. Robert Ritondo, President of Newron Sport
reports that management firmly believes that it will meet its
3-year projected sales targets as set forth in the company�s
business plan. Excerpt from the Newron Sport Business Plan: Sales
Revenues � Six Months Ended June 30, 2009 $508,000 Nine Months
Ended September 30, 2009 $1,595,120 Year Ended December 31, 2009
$3,769,360 � Sales Revenues (on a calendar year basis) Year Ended
December 31, 2009 $3,769,360 Year Ended December 31, 2010
$12,230,100 Year Ended December 31, 2011 $27,178,000 �This has been
a great few weeks for our company, as the Newron name is starting
to spread,� said Mr. Robert Ritondo, President of Newron Sport. �We
are very pleased with progress of our company and the vast amount
of inquiries we have been receiving over a short period of time. We
are very excited about the direction the company is heading and I
am very confident we will attain our projected sales targets,�
added Mr. Ritondo. About Newron Sport: Newron�s patented tandem
device allows 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. For more information
on Newron's cutting-edge products, please visit:
http://www.newronsport.com/. 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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