RENO, Nev., Dec. 15, 2004 (PRIMEZONE) -- Meg Athletic Corporation (Pink Sheets:MEGJ) is excited to announce the endorsement of Mr. Dwayne De Rosario, currently with the San Jose Earthquakes of the Major League of Soccer (MLS) in the United States. Mr. De Rosario is an exceptional talent that brings a unique style and character, the same uniqueness that separates Meg Athletic Corporation from its competitors.
"I have a great relationship with management and am extremely happy that Meg extended its courtesy and asked me to come along with them, to help promote their apparel line, which is dedicated to the sport I love." states Mr. De Rosario. "The exciting part for me isn't that they asked me, as much as it is anticipating the clothing itself. From what I have seen -- this should surely be a winner."
Mr. De Rosario is pleased to extend his endorsement contract that was initially put in place with Meg's predecessor company. The transition to Meg was made easier because of the focus Meg has on soccer apparel, unlike the predecessor company, who was only beginning to shift into soccer.
Mr. Harvey Panesar, President of Meg Athletic Corporation states, "We knew we have someone unique in Dwayne, a superstar that is in touch with his fashion state-of-mind. He has the on-field skill and desire for success, a combination that we are more than pleased to have aboard Meg Athletic Corporation." Mr. Panesar further states, "After becoming president and knowing what Meg had in store, I knew that Dwayne was someone that we wanted sporting our clothes and representing the Meg name."
"Dwayne has been a member of several winning MLS championship teams, he has also been the 2001 MLS Cup MVP and the 1996 CONACAF Golden Boot Award winner. We are glad that we have a champion like Dwayne backing our brand."
In closing, Mr. Panesar states, "We are certain about the positive reaction that we have and will continue to receive on our brand. We are also certain that this will lead to continued endorsement deals and new endorsement deals. Now that we have a launch pad, we are in the process of unveiling our Spring and Summer '05 collection."
Forward-Looking Statements
The management of the company, who take full responsibility for its content, prepared this press release. Statements in this news release concerning the company's business outlook or future economic performance, anticipated profitability, revenues, expenses, or other financial items; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements" as that term is defined under the Federal Securities Laws. Forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties and factors include, but are not limited to, future capital needs, changes and delays in product development plans and schedules, customer acceptance of new products, changes in pricing or other actions by competitors, and general economic conditions.