SAN DIEGO, Jan. 25, 2007 (PRIME NEWSWIRE) -- Execute Sports Inc. (OTCBB:EXCS) announced today that 4th Quarter water sports sales rose a staggering 1125% over the same period in 2005.
The 4th quarter sales growth is attributed to the sales of OEM vests, and increased demand through internet, pro shop and marine dealers.
Execute Sports CEO Geno Apicella stated, "The increased sales were due primarily to the growing confidence of our current customer base and as well as an increase in available inventory. Execute's decision to pursue OEM business and the increase of online product availability continues to accelerate the growth of its water sports program."
Mr. Apicella further commented, "With the addition of industry veteran Celeste Berouty (formerly served as Director of Sales, Wetsuit Division at Body Glove Wetsuit Co.), President of Execute Sports and extreme sports icon Brian Allred, Director of Pro Shop and International Sales, Execute products have had an increased exposure in the USA and Internationally."
About Execute Sports, Inc.
Based in San Clemente, 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.