LAGUNA NIGUEL, Calif., April 17, 2007 (PRIME NEWSWIRE) -- Execute Sports, Inc. (OTCBB:EXCS) announced today that Original Equipment Manufacturer (OEM) sales for the 2007 season are rapidly approaching $1 million. Execute has recently received multiple reorders for vests, wetsuits and other items that have added to an already growing segment to the watersports business.
CEO Geno Apicella commented, "This is the first time that we have ever received reorders this late in the season. This is unexpected good news and has confirmed that our products continue to receive excellent sell throughs." In addition to developing its own line of Execute branded watersports hard and soft goods, Execute has made a strong effort to support the OEM market. Apicella further commented, "It is our goal to provide the same quality and style with our OEM business that we put into our Execute line. Our designers, sales team and production staff put the same effort into producing OEM products as they do with our own."
With the addition of Celeste Berouty, President of Execute Sports, now firmly entrenched with design and sales, Execute Sports seeks to increase this area of the business by introducing a wider range of products.
Additional company information, press releases and general commentary can be viewed by visiting http://www.excs.msprofit.com.
About Execute Sports, Inc.
Based in Laguna Niguel, California, Execute Sports, Inc. develops performance products including wetsuits, vests, rash guards and wakeskates, for the action sports industry. The Company's brands include Execute Wetsuits, Kampus Wakeskates and Kampus Shoes, Collective Development Bindings and Collective Development Bags. 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.