Sherbrook SBK Sport Corp.
TSX VENTURE : SBK

Sherbrook SBK Sport Corp.

June 20, 2011 09:23 ET

Sherbrook SBK Sport to Acquire Global Sports Technologies and Gain NHL Acceptance

MONTREAL, QUEBEC--(Marketwire - June 20, 2011) - Sherbrook SBK Sport Corp (TSX VENTURE:SBK) announced today that it has signed a letter of intent to acquire Global Sports Technologies Corporation and its patented sports technologies.
According to the letter of intent, SBK will acquire Global Sports Technology and its intellectual properties including but not limited to the Trilage hockey stick. SBK will issue a total of 8,050,000 shares, whereby 4,025,000 will be issued at closing and 4,025,000 will be issued and or transferred upon meeting certain conditions, such as a minimum of $1 million in revenue and $500,000 participation in the Private Placement. The companies expect to enter into a definitive agreement on or before June 30, 2011 and close the transaction within 90 days.

"The stick technology made popular by former NHL left winger, Darcy Tucker is unique, extremely performing and it is approved for the NHL" said Georges Guilbault, President of Sherbrook SBK Sport Corp. "We are gaining a superior product to add to our existing offering and a great new executive and we are glad that Mr. Mario Boscarino will be joining us" further added Mr. Guilbault.

"We are glad to be working with SBK on this transaction, our stick technology coupled with their sales and marketing reach is a great fit" said Mario Boscarino, President of Global Sports Technologies Corp. "The NHL acceptance will also help enhance the SBK/ Trilage brand in North American." Further added Mr. Boscarino.

About Sherbrook SBK Sport Corp.

Sherbrook SBK Sport Corp. is a Canadian publicly traded company specializing in the design, manufacturing and distribution of sporting goods and apparels. The company's current main focus is on the design, manufacturing and distribution of Hockey equipment including a variety of sticks, skates and protective gear for both players and goalie.

More information on Trilage at www.trilage.com

IMPORTANT INFORMATION

Important Information about Forward-Looking Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the exploration for and development of mineralized material, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on the Company's website does not constitute a part of this release.

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