Gatorz Inc.

Gatorz Inc.

November 25, 2009 11:25 ET

Gatorz Inc. Reports its Third Quarter Results for 2009

OAKVILLE, ONTARIO--(Marketwire - Nov. 25, 2009) - Gatorz Inc. ("Gatorz" or "Company") (TSX VENTURE:GTZ) today reported its third quarter results for the nine months ending September 30, 2009. The complete financials along with the MD&A can be viewed at

Operational Highlights, Period Ending September 30, 2009:

  • Revenue increased by $6,301 to $554,926 for the quarter ending September 30, 2009;

  • Travel Retail revenues increased by $69,300 to $95,550 over the same period last year;

  • Domestic year to date revenue has stayed constant in the current recessionary economy;

  • internet sales generated $43,374 for the quarter from zero sales in the same period last year;

  • Net loss for the period was $67,795, an improvement of $237,890 over the same period last year;

  • Gross profit for the quarter was $299,664 (54.00%) an increase of $158,347 (28.24%) over the same period last year; and

  • Operating expenses decreased by $67,356 over the same period last year as a result of management's implementation of cost controls.

Update: Business Combination with No Fear Retail Stores, Inc.

Stage two is proceeding as expected. Gatorz is in discussions with dealers and finalizing the last TSXV submissions.

About Gatorz

Gatorz Inc. designs, manufactures, and distributes 7075 Billet Aircraft Aluminum performance eyewear, including sunglasses from handmade Acetate. Gatorz precision built aluminum eyewear is proudly made in the USA, offering superior craftsmanship, performance and durability. Gatorz proprietary technologies include the ability to customize the frame to your specific facial features. In addition, our lens technology, TruRay Optics, offers the most comprehensive assortment of ballistic impact-proof lenses which are 100% UV blocking, optically correct and distortion free. Gatorz distribution markets include: Motorsports, Motorcycle Industry, Skydiving, Military, Off-Road Industry, Action Sports, Hunting & Fishing, to name a few.

Gatorz products are proudly worn by race car drivers Marco and Michael Andretti (IRL), Kurt Busch and Sam Hornish Jr. along with top U.S bike builders and the famous Golden Knights parachute team.

Investor Relations Inquiries:

All Gatorz investor relations inquiries should be directed to Mark Di Cristofaro at 905.339-7999 ext.224 or You can also visit and sign up to receive news on the company directly to your inbox.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The risks going forward remain adding production capacity and the ability to meet this demand, controlling costs and sourcing ongoing funds to meet increased growth targets. Gatorz is also subject to the general economic conditions in the domestic and international markets it operates in. Gatorz Inc. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Gatorz Inc.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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