TORRANCE, Calif., July 9, 2007 (PRIME NEWSWIRE) -- Execute Sports Inc. (OTCBB:EXCS) today announced that it has just completed its largest sales quarter in the history of the company. Sales for the second quarter exceeded $800K, representing a 77% increase of same product sales over Q2 '06.
Execute Sports CEO, Geno Apicella, commented, "We are very pleased with the results from the second quarter. The increase in sales is a direct result from on-time shipping, quality of product and the hard work of our entire sales team."
In addition, sales from the first two quarters of 2007 have reached $1.355M. This is an increase of more than 55% over the same period of 2006.
CEO Apicella further commented, "All of our numbers are up from one year ago. We are now concentrating on selling through our current inventory to reach the highest sales figures we have ever had. We also expect to receive orders for Fall delivery which would thrust our sales numbers into all-time highs."
Additional company information, press releases and general commentary can be viewed by visiting http://www.excs.msprofit.com.
About Execute Sports, Inc.
Based in Torrance, California, Execute Sports, Inc. develops performance products including wetsuits, vests, and rash guards for the action sports industry. The Company's brands include Execute Wetsuits, Vests, Accessories and Wakeskates. For more information, go to http://www.executesports.com.
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include expectations regarding the ability of the company to continue its growth and the financial performance thereafter. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks include the ability to accomplish goals and strategies, anticipated revenue enhancements, general economic conditions and the level of consumer spending, and numerous other factors identified in the Company's Form 10-KSB and other filings with the Securities Exchange Commission.