SOURCE: Newron Sport

February 24, 2010 09:30 ET

Newron Sport Corporate & Shareholder Update

LAS VEGAS, NV--(Marketwire - February 24, 2010) -  Newron Sport (PINKSHEETS: NSPT) is pleased to provide a shareholder update.

Dear Shareholders:

The last year has been full of ups and downs. The economic downturn posed a challenge for many companies, but because of Newron's low operating costs, efficient business model and experienced management team, Newron has been able to maintain steady growth during these challenging times. Newron exceeded test projections across the board, and customer satisfaction levels are even higher than anticipated.

The changes that took place over the last few months have paved the way for impressive new retail listings in Canada, the United States and Europe. The company turned its attention to the refinement of administrative systems, issues of compliance, and the expansion of our global sales division. As a team, we've made important and substantive progress and preparing for the 2010 season. 

The licensor of the Newron skate technology has also undergone several changes over the last few months as it restructures and secures new alliances and strategic partnerships with industry experts. These alliances and partnerships open new and exciting opportunities in the engineering and manufacturing of Newron's leading edge technologies.

Newron will continue with the forward momentum as the sales year continues and will keep looking for opportunities that will maximize shareholder value. Newron appreciates the support and patience of its loyal shareholders and hopes that 2010 will be a very prosperous year for the company and its shareholders.

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 manoeuvrability 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 is 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.

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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.

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