Meg Athletic Corporation Announces the Endorsement Contract of Another International Soccer Star


RENO, Nev., Jan. 24, 2005 (PRIMEZONE) -- Meg Athletic Corporation (Pink Sheets:MEGJ) is pleased to announce the endorsement of international soccer superstar from the 2004 German Cup Championship and 2004 Bundesliga Championship Team, Mr. Paul Stalteri of Werder Bremen. Mr. Stalteri has been a mainstay in the spotlight since 1997 with SV Werder in Germany and has been recognized as one of the elite athletes playing soccer abroad. Mr. Stalteri has continued to perform at his star status and now has aligned himself with another growing and performing company in Meg.

"It is a great opportunity to be involved with an company like Meg. The quality of the product and the management is a great combination and I am glad that they have given me the chance to represent the Meg brand." Paul Stalteri further states "just an exciting day for me to be involved with a brand as innovative and fresh as Meg."

Paul Stalteri has been the third player to come on board to represent the Meg brand in the last month, with the first being Dwayne De Rosario, the second being Kevin McKenna. "Paul was someone we wanted on board with Meg when we started looking into soccer players for our European expansion," states Harvey Panesar, President of Meg Athletic Corp. "Paul has the successful track record that we wanted representing Meg, not to mention Paul has the association with his fans that will attract and promote Meg on the international stage."

"Paul has the element that Meg is always looked for -- success. The success with his soccer career will play a large part in giving Meg the recognition that it has been striving for, especially to coincide with the launch of Meg's Spring/Summer and Fall/Winter '05 releases. Very glad to have him as a part of Meg Athletic" continues Mr. Panesar.

Mr. Panesar continues, "We have some customers that will be more than happy to hear that Paul has come on board to help in the promotion of Meg Athletic. Not only does this strengthen our group of athletes, it allows a great springboard into international markets that we have been targeting lately."

Paul Stalteri continues to show what a great character and talent he is by having been voted by the fans into the Bundesliga All-Star team. The All-Star team will face the German National team in a charity match in which all proceeds will be donated to the victims of the tsunami in Asia.

Please visit Paul at www.PaulStalteri.com.

Forward Looking Statements

The management of the company, who take full responsibility for its content, prepared this press release. Statements in this news release concerning the company's business outlook or future economic performance, anticipated profitability, revenues, expenses, or other financial items; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements" as that term is defined under the Federal Securities Laws. Forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties and factors include, but are not limited to, future capital needs, changes and delays in product development plans and schedules, customer acceptance of new products, changes in pricing or other actions by competitors, and general economic conditions.

For more information please visit www.megathletics.com or contact at (780) 707-0587.



            

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