SOURCE: Leatt Corporation

May 15, 2008 09:00 ET

Leatt Corporation Conducting Fiscal Year 2007 Audit as Part of Enhanced Public Disclosure Effort

CAPE TOWN, SOUTH AFRICA--(Marketwire - May 15, 2008) - Leatt Corporation (PINKSHEETS: LEAT), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the distributor of the Leatt-Brace™, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that its annual audit for Fiscal Year 2007 will be conducted by JH Cohn LLP, an independent public accounting firm located in New York and New Jersey. The audit is part of the Company's effort to enhance the scope and frequency of publicly available information, as well as to meet the requirements for quotation of the Company's common stock on a national securities exchange or quotation system. The Company anticipates completion of the audit in June 2008.

Mr. Jeff Guzy, President of the Company, said, "We did an extensive search for an auditor and we are confident that JH Cohn is a suitable independent public accounting firm and we are pleased that they are our independent auditors. We intend to publish our audited financial statements for the fiscal year ended December 31, 2007, along with the audit letter of JH Cohn, on our website as soon as it becomes available."

About JH Cohn

JH Cohn provides audit, tax and accounting services to private and public middle-market companies, individuals and not-for-profit groups. JH Cohn is the largest independent accounting firm in the Northeast and one of the Top 20 accounting and consulting firms in the United States.

About Leatt Corporation:

Leatt Corporation is the exclusive global distributor of the Leatt-Brace™, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company's operations and research and development of the core products currently take place at Leatt Corporation's offices in Cape Town, South Africa.

For more information on the Leatt-Brace™, please visit the company website at www.leatt-brace.com. Any web site or portion thereof referenced herein is not a part of this press release.

Safe Harbor Statement

This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the ability of the Company to meet the requirements for or obtain approval for quotation of the Company's common stock on a national securities exchange or quotation system, or otherwise achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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