SAN DIEGO, March 29, 2006 (PRIMEZONE) -- Execute Sports, Inc. (OTCBB:EXCS) announced today that it has filed a broad patent for its Kampus Drain System (KDS) technology, covering design and application for Kampus' footwear products, specifically targeted towards the action water sports market.
Execute Sports' KDS technology is built into Kampus' footwear provides a drain system that penetrates through the insole line, and releases onto the Lightweight EVA mid-sol, which has channeled drain passages to exit water freely.
Duane Pacha, brand manager and head of product development at Execute Sports initially developed the KDS technology for the core wake skate market, "We wanted to create a shoe that would enhance performance for our pro riders and other wake skaters, and realized very quickly that the shoe is a fantastic all around water shoe and has appeal in the lifestyle shoe market as well."
The KDS technology and Kampus footwear line has achieved industry acclaim, winning the Water Sports Product of the Year last summer at ISPO, the largest sporting goods product tradeshow in Europe. "The award at ISPO validated the technology that we have developed to support the Kampus footwear line, and we are looking forward to rolling out the Kampus shoe line aggressively this next year," Pacha added.
The water sports and amphibious shoe market is estimated to represent $150 million to $200 million in annual sales, according to Emergent Growth Analytics.
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.