Press Release |
Ultimate Sports, Inc. Moves Forward with Patenting and Manufacturing the "Thruster"...
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Ultimate Sports, Inc. Moves Forward with Patenting and Manufacturing the "Thruster" Snowmobile Track System LAFAYETTE, Ind., Nov. 5, 2009 (GLOBE NEWSWIRE) -- Ultimate Sports, Inc. (Pink Sheets:USPS), a manufacturer and supplier to the recreational vehicle industry, announced today that the company is moving forward with the patent process on the new track assist unit. The project name for this unit will be the "Thruster." USI's "Thruster" system will fit all popular late model snowmobiles produced by Arctic Cat, Polaris, Ski Doo and Yamaha. Sales of this new system will be through USI's existing distributors and dealers, in excess of 1,000 companies, both domestically and internationally. Existing OEMs who currently purchase USI's product line such as Arctic Cat, Polaris, Ski Doo and Yamaha, will be given an exclusive opportunity for pre-launch inspection. Kevin Metheny, President of Ultimate Sports, states, "We have been busy testing multiple pre-production prototypes, and the results have been exceedingly positive. Our new patent-pending 'Thruster' snowmobile track assist system will revolutionize the snowmobile industry in track floatation, corner control and overall grip in all snow conditions. Floatation take off will be increased by 15% to 35%; corner control by 10% to 25%. Overall grip increase will be between 20% and 40%, depending upon the snowmobile and application it is used on. "According to the International Snowmobile Manufacturers Association, over $28 billion in economic activity occurred in North America related to snowmobiling in the 2008-2009 season. In addition, 1,652,642 snowmobiles were registered in the United States in 2009, up 1% over 2008. These facts prove that the snowmobile industry is a profitable one, and a great place for USI to excel. We are anxious to release this product, and anticipate revenue to begin within 90 days." About Ultimate Sports, Inc.: Ultimate Sports specializes in every item, large and small, that snowmobilers need in order to enjoy the sport and improve their performance -- especially snowmobile skis of all types. We have an extensive inventory of carbide studs, mount kits, wear bars, suspension parts, snow flaps, alignment bars, and so much more. Visit www.usi-skis.com for more information. Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results. -0- CONTACT: Orion Financial Brokers & Analysts 800-400-1290