HACKENSACK, N.J., Dec. 3, 2008 (GLOBE NEWSWIRE) -- Hybred International, Inc. (The Company) (Pink Sheets:HYII), manufacturer of a patent-pending therapeutic horseshoe and in collaboration with Thoro'bred, Inc. of Anaheim, California, is proud to announce that mass production of the HYBRED horseshoe is underway. Hybred International, Inc. is now fully funded to produce the Hybred Horseshoe and bring to market a product that can truly improve a horse's life.
In addition to the grueling research and development work completed by the Company during the last three years, Hybred comes to market with an agreement with Thoro'bred, Inc., the world's largest aluminum horseshoe manufacturer. Under the terms of the agreement, Thoro'bred, Inc will manufacture and market the Hybred Horseshoe through its catalogue, tack shops, farrier and supply stores and marketing materials in the U.S. and abroad.
90% of all injuries in horses are hoof related and are caused by the concussive forces exerted by the horse's hoof hitting the ground. The Hybred Horseshoe is an aluminum horseshoe with a bonded, ground engaging urethane composition used to reduce this concussive force.
"With over 9,000,000 horses in the United States and 50,000,000 in the world, it is my belief that Hybred International, Inc. has tapped into an almost impenetrable market (having a direct economic effect on the U.S. of $39 billion annually) with the one product that can truly revolutionize it," states Gary Kouletas, President and CEO of Hybred International, Inc. Mr. Kouletas also states, "Our research and development has proven that the Hybred Horseshoe is truly the best product in development, but to have the world's largest horseshoe manufacturer, Thoro'bred, Inc. stand behind the Company with a financial position, says it all."
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.