Press Release Summary = CAPE TOWN, South Africa - Leatt Corporation (Pink Sheets: LEAT.PK), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the developer of the Leatt-BraceT, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that approximately 70 competitors in this year's Dakar Rally were wearing either a Leatt-BraceT MOTO GPX or MOTO R neck brace.
Press Release Body = The 2007 Dakar Rally, which took place from the 6th to 21st January 2007 and covered approximately 9000 kilometers, included 264 motorcycles (incl. quad bikes), 190 cars and 86 trucks. Approximately 70 entrants started the rally wearing either a Leatt-BraceT MOTO GPX or MOTO R neck brace.
Karl Ebel, Marketing (Leatt Corporation) and Grant Nelson, Engineer (Leatt Corporation) , were present at the start of the Dakar Rally to ensure that competitors who had purchased a Leatt-BraceT had set the brace up correctly for their body types. Karl Ebel then met each competitor at the end of the first stage to confirm that they were comfortable and that the brace did not hinder their performance. Where necessary, slight adjustments were made to ensure maximum protection with minimum restriction.
South African Giniel De Villiers of the Volkswagen Super Production Team led the car category of this year's rally wearing a Leatt-BraceT MOTO R, until Stage 9 when engine problems put him out of contention. De Villiers finished in 11th place overall.
The top three finishers in the motorcycle category, Cyril Despres, David Casteau and Chris Blais of KTM, each wore their Leatt-BraceT MOTO GPX's throughout the duration of the race. The KTM motorcycle team was supplied with KTM branded versions of the Leatt-BraceT GPX and BMW Motorrad also supplied two BMW branded Leatt-BraceT GPX braces to competitors.
As is expected in a rally of this nature, there were numerous accidents over the two week period. However, none of the Leatt-BraceT wearing competitors who crashed during the race experienced neck injuries.
"We are delighted by the class of competitor who chose to wear the Leatt-BraceT in the 2007 Dakar Rally and the positive feedback we have received from teams and competitors alike. KTM have given us very positive feedback after a neck injury free race, considering the recent deaths KTM Teams have suffered from head and neck injures in the past few Dakar Racers," said Dr. Chris Leatt, C.E.O. and President of the Leatt Corporation, he continued, "It is certainly possible for someone who wears a Leatt-BraceT, or any protective equipment, to still be seriously injured in a race, so I want to avoid drawing conclusions from the good fortune that users of our product had in the Dakar Rally in not suffering any serious neck injuries. I would also like to acknowledge that, because of our experience and commitment to product testing and development and the results from this and other races, we have good reason to believe that the Leatt-BraceT could go a long way to decreasing and maybe someday potentially eliminating catastrophic neck injuries in motor sports."
About The Leatt Corporation: The Leatt Corporation is the exclusive global distributor of the Leatt-BraceT, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company's operations and research and development of the core products currently take place at the Leatt Corporation's offices in Cape Town, South Africa.
For more information on the Leatt-BraceT, please visit the company website at www.leatt-brace.com. No web sites or URL's, or any part thereof, that are referenced in this press release are part of this press release.
Legal Notice Regarding Forward-Looking Statements: This press release may contain forward-looking statements, which are based on the Company\'s current expectations, forecasts and assumptions. In some cases forward-looking statements may be identified by forward-looking words like \"would,\" \"intend,\" \"hope,\" \"will,\" \"may,\" \"should,\" \"expect,\" \"anticipate,\" \"believe,\" \"estimate,\" \"predict,\" \"continue,\" or similar words. Forward-looking statements involve risks and uncertainties which could cause actual outcomes and results to differ materially from the Company\'s expectations, forecasts and assumptions. Trade shows and seminars are part of the Company's marketing efforts and results at such events do not necessarily result in sales or market acceptance of products. These risks and uncertainties include risks and uncertainties not in the control of the Company, including, without limitation, the current economic climate and other risks and uncertainties, the limited resources of the Company and resulting vulnerability of the Company and its products to domestic and international competitors with considerably greater resources than the Company and possible inability to establish market share against competing products in many markets, current limited distribution channels for the Company's products, actions of our competitors, the limited cash flow of the Company and the resulting reliance on the sale of Company securities to finance operations, the extent to which affects our ability 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 products, and changes in our business strategies. The Company's common stock is traded on the Pink Sheet system and the Company is a "penny stock company" as defined under the rules of the Securities Exchange Act of 1934, as amended. As such, there are additional, substantial risks associated with the Company and its securities. Such risks include limited liquidity of the Company's common stock and limitations on ability of broker-dealers to trade or recommend such stock.
Investor Relations: Please contact corp@leatt-brace.com or call +1 (831) 306-6117.
Web Site = http://www.leatt-brace.com
Contact Details = corp@leatt-brace.com or call +1 (831) 306-6117.
2022
