SOURCE: Zapata Industries

August 22, 2016 10:00 ET

MULTIMEDIA UPDATE: CBS Sports to Broadcast Zapata's 5th Annual Flyboard® World Cup Championship™

The 5th Annual Flyboard® World Cup Championship Will Take Place in Naples Florida Sept 16-18

MARSEILLES, FRANCE--(Marketwired - August 22, 2016) - Zapata Industries (www.zapata-industries.com), which has executed a Letter of Intent for purchase by Implant Sciences Corporation (OTCQB: IMSC), announces the decision to change the host country of its 5th annual Flyboard® World Cup Championship from Dubai to the United States, in an event to be broadcast by CBS Sports.

Video: Flyboard Championships and World Cups Hilights

The Flyboard® World Cup Championship is the final competition in a series of National Championships that are hosted in France, Netherlands, Korea and Japan. The 2014 and 2015 World Cup Championship events were held in Dubai.

This announcement comes on the heels of the completion of the acquisition and consolidation of Zapata's hydro-propulsion patent portfolio and reflects Zapata's commitment to actively protect and advance the commercial opportunities that develop from Zapata's strong and growing patent portfolio.

Pro Watercross, the sanctioning body for the personal watercraft racing a/k/a Watercross and Hydro Flight competitions in the US, will be managing the competition.

"The opportunity to include the Flyboard® World Cup Championship in the Pro Watercross slate of competitions is a huge opportunity to grow the personal watercraft sport as a whole and to expand the Pro Watercross family," said Pro Watercross CEO AJ Handler. "Building on the quality competitive arena already put in place by Zapata Industries will give us a firm foundation as we continue to expand powered personal watersport competitions."

Unlike the Watercross race circuit, which hosts Sea Doo, Yamaha, Kawasaki and factory sponsors, the hydro flight competition will be a Zapata Flyboard®-only competition based on the unquestionable strength of its recent patent assembly.

The new choice of the Naples, Florida, venue also comes one month after Implant Sciences announced its intent to purchase Zapata Industries.

Our decision to move the world cup to Naples Florida reflects our commitment to grow market penetration and broaden awareness for its existing and future product lines. The opportunity to gain CBS Sports coverage validates the growing interest in hydro flight sports and activities.

This year 52 competitors representing 16 countries or territories will be participating in this invitation only event. There will be demonstrations of other Zapata hydro-flight products however the competition will be limited to the most popular product line the Zapata Flyboard®.

About Zapata Industries

Zapata Industries is the undisputed leader in developing and manufacturing hydro- and jet-powered technologies and products. Zapata's proprietary methodology, algorithms, and patented designs are currently commercialized and in development within the recreation, entertainment, military, medical, and industrial sectors.

Zapata Industries' founder, world champion jet ski racer Franky Zapata, launched Zapata Racing to satisfy his passion to invent aftermarket products to make the world's fastest personal water craft. With unparalleled performance, Zapata products quickly became a racing requirement to achieve the competitive edge necessary to win. With the desire to go even faster, Zapata shifted focus, and began manufacturing the fastest sit down and stand up jet skis in the racing world.

In 2016 Zapata achieved its proof of concept goal producing the safest, most reliable, lightest, fastest, and least expensive personal flight system ever created with the unveiling of the Flyboard Air®. The Flyboard Air® utilizes Zapata Industries' proprietary algorithms and balance methodology to direct jet engines to act both independently and harmoniously. The performance parameters of the Flyboard Air® provide undisputed proof that Zapata technology is commercially viable for advanced applications within the military, industrial, and medical fields.

About Pro Watercross

The Pro Watercross Tour is the leading personal watercraft racing series in the United States of America and consists of an elite group of both professional and amateur athletes competing at its events throughout the summer. Pro Watercross also serves as the sanctioning body for personal watercraft racing circuits and events throughout the U.S.

In addition to expanding the fan base, athlete involvement and name recognition of the watercross competitions, Pro Watercross and company CEO AJ Handler are dedicated to actively growing the PWC sport and bringing together the various branches of the sport such as closed-course and super-course racing, freestyle competitions and freerides, HydroFlight, hydro drag racing and other competitive powered personal watersports. Visit www.facebook.com/ProWatercross and "like" the Pro Watercross page to keep up with the tour, special events, and PWC news and information, or visit www.ProWatercross.com.

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