SAN DIEGO, March 27, 2006 (PRIMEZONE) -- Execute Sports, Inc. (OTCBB:EXCS) announced today that it has received test orders from MarineMax (NYSE:HZO) and Boater's World for its wetsuit, U.S. Coast Guard approved vests and rash guard products.
Geno Apicella, Execute's VP of Watersports Chain Store Sales, commented that "The test orders from MarineMax and Boater's World are a validation of our commitment to providing customers with the highest quality wetsuit and vest products at the most competitive prices. We look forward to building our relationship with both of these leading stores, which have a strong presence on a nation wide scale." MarineMax has 77 stores nation wide and Boater's World has 128 stores nation wide.
Execute Sports wetsuits, vests and rash guard products are supported by its Pro Wakeboard Team led by Sean O'Brien, Nick Weinecker, Josh Smith and Perry Richmond. The wakeboard and wake skate market represents approximately 3.4 million participants in North America alone, and a market $200 million annual market. Look for the team to compete in Mastercraft's Pro Tour this season at the following stops:
Acworth, GA Dallas Landing Park May 5-7 Twin Cities, MN Island Lake Park June 10-11 Kelowna, BC Waterfront Park July 7-9 Portland, OR Blue Lake Park July 15-16 Reno/Sparks, NV Sparks Marina July 28-30
About MarineMax
Headquartered in Clearwater, Florida, MarineMax is the nation's largest recreational boat and yacht retailer. Focused on premium brands, such as Sea Ray, Boston Whaler, Meridian, Hatteras, Grady White, and the Ferretti Group including: Ferretti Yachts, Pershing, Riva, Mochi Craft, Apreamare and Bertram, the Company sells new and used recreational boats and related marine products and provides yacht brokerage services. The Company currently operates 77 retail locations in Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Maryland, Minnesota, Missouri, Nevada, New Jersey, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas and Utah. MarineMax is a New York Stock Exchange-listed company.
About Boater's World Marine Centers
Boater's World Marine Centers, headquartered in Beltsville, Maryland, has stores in over 128 locations. Boater's World specializes in fishing tackle, marine electronics, water sports gear and cruising equipment for recreational boaters. Founded in 1988, Boater's World owns and operates boating and fishing superstores in busy boating areas coast to coast. Boater's World is a division of Ritz Camera Centers, the nation's largest photo-specialty retail chain.
About Execute Sports, Inc.
Based in San Clemente, California, Execute Sports, Inc. develops performance products including wetsuits, vests, rash guards, snowboards, wake skates, bindings, bags and apparel for the action sports industry. The Company's brands include Execute Wetsuits, Academy Snowboards, Kampus Wakeskates and Kampus Shoes, Execute Moto Graphics, Collective Development Bindings and Collective Development Bags. In addition, Execute has an exclusive worldwide license to design, produce and distribute EagleRider apparel through EagleRider's 35 franchises and through the Company's eCommerce site, http://www.eagleridergear.com. For more information, go to http://www.executesports.com and http://www.academysnowboards.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 to 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-K and other filings with the Securities Exchange Commission.