SOURCE: Newron Sport

December 01, 2008 08:45 ET

Newron Sport (NSPT) Opens Negotiations to Enter Australian Inline Skate Market

LAS VEGAS, NV--(Marketwire - December 1, 2008) - Newron Sport (PINKSHEETS: NSPT) is pleased to announce that it has commenced negotiations with leading distributor in Australia for the patented tandem inline skates.

JP Scutts, which is a highly respected distributor and agent in Australia, has opened dialogue with Newron Sport to distribute the patented Touron and Trainon inline skates.

"We are confident that negotiations will be completed shortly," stated Mr. Robert Ritondo, President of Newron Sport. "Australia is a great inline skate market and we hope that JP Scutts will be the one to open the door for Newron into a market that is highly anticipating this revolutionary technology," continued Mr. Ritondo.

About Newron Sport:

Newron's patented tandem device is a unique product that focuses on both recreational use and enhancing sports performance by allowing the enjoyment of inline skating on hard and rough surfaces without the vibrations and loss of balance because of surface imperfections as the Newron skate system absorbs these imperfections and provides the inline skate user the feel of a smooth glide, stride and maneuverability of an ice skate, all while offering the user a safer and more efficient braking system than the conventional inline skates.

The Newron inline skates are intended both to help prevent injury and to improve athletic performance via its confidence enhancing attributes among inline skate sports participants. The Newron inline skate seeks to foster the enjoyment of sports by people of all ages.

Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.

Contact Information

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