SCOTTSDALE, Ariz., Nov. 17, 2006 (PRIMEZONE) -- Motion DNA Corporation (Pink Sheets:SCPT) has formalized its acquisition of Arizona-based Sports Concepts, Inc. In addition, the new Board of Directors has approved the Company's name change to "Sports Concepts, Inc." The Company will trade under the ticker symbol SCPT.
"This is an exciting time for our Company and for our shareholders," said Michelle Thomas, President of Sports Concepts. "Our innovative and diverse product line and new management team will aggressively look to demonstrate our dynamic growth plan to our shareholders. We look forward to introducing a Sports Concepts Team to the investment community, and we expect to preview our products for 2007 very soon."
Sports Concepts will continue to provide Motion DNA products and services to professional athletes in major sports but expects an improvement in marketing and exposure of those products through professional sports relationships and licenses acquired by the Company. Thomas also plans to update the reporting status and compliance with Securities and Exchange Commission regulations. In addition, the company is interviewing investment bankers in preparation to explore additional growth opportunities.
About Sports Concepts Inc.
A Scottsdale, Arizona-based sports marketing company will continue to focus on developing, acquiring, and marketing products and services for licensing and distribution with professional sports leagues, retail outlets, and other venues. The Company's suite of products and services include sporting goods and apparel, collectors' items and memorabilia, shoes, nutritional supplements, foods, and other items appealing to the fan base of professional, collegiate, and youth sports leagues. The company's products also include proprietary 3D-sports motion capture hardware and software systems for analyzing human movement, reducing sports related injuries, and improving sports performance. The company's analysis systems currently include products such as golf, physical therapy, soccer, basketball, football, baseball, tennis, chiropractic care, and more.
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