Xfit Brands (XFTB)

[holter]

Todays News

Wall Street Buy Sell Hold Inc

A Wall Street Buy Sell Hold Inc Publication ---- All Rights Reserved

Update Coverage

October 11, 2016

XFit Brands, Inc. (OTC QB: XFTB)

$0.09

We would like to bring to your attention the latest press release from XFit Brands, Inc.

Xfit Brands, Inc. Acquires Glideboxx Sports Training System
Accesswire: October 11, 2016
- Asset purchase of GlideBoxx patent and trademarks to bring multiple revenue synergies as XFit Brands markets GlideBoxx globally
- Leverages XFit Brands global sourcing and supply chain to substantially reduce costs, while expanding to Gym outlets worldwide

LAKE FOREST, CA / ACCESSWIRE / October 11, 2016 / XFit Brands, Inc. (XFTB), a global supplier of fitness and MMA equipment sold at retail and fitness outlets worldwide whose brands include Throwdown and Transformations, today announced that it has completed an asset purchase of 100% of GlideBoxx, LLC, including their sports training system, equipment, and all Company patents and trademarks in a stock and royalty consideration transaction.

Video Link of GlideBoxx live in XFit Brands, Inc. Showroom:

https://xfitbrands.com/glideboxx-sports-training-system/




GlideBoxx has become recognized as one of the leading-edge innovations in the martial arts and combat sports industry. It is a breakthrough dynamic movement system that changes the way an individual may train for self-defense, fitness, or competition. GlideBoxx is a patented, user-powered training system designed for individuals at any skill level to provide a more intense and realistic experience that promotes technique and dramatically increases cardiovascular conditioning. The GlideBoxx system is a 72" x 48" frame designed with reinforced, structural aluminum and precision linear bearing technology. This frame can be bolted to a ceiling joist or any number of the numerous Throwdown free standing structures and enables a heavy bag up to 150 lbs. to travel randomly within a dynamic zone. XFit Brands, Inc. intends on selling the GlideBoxx system direct to consumers and through its network of existing business-to-business sales relationships in more than 20 countries around the world.

Gabe Miller, owner of GlideBoxx commented, "We are so excited for XFit Brands to take GlideBoxx global. Like many small companies in the fitness industry, we neither had the infrastructure nor the resources to capture GlideBoxx's full potential. With XFit's manufacturing network and supply chain they will be able to substantially reduce product and shipping costs, and capture substantial increased sales leveraging their relationships with the major health and fitness operators worldwide that on our own we could never dream of doing."

XFit Brands recently announced its annual financial results with its 4th consecutive year of double-digit revenue growth with an improvement in gross margin to 43.8% of net sales, which represents an improvement of 66% versus prior year. The Company has been expanding rapidly by executing its one-stop-shop strategy for major health and fitness club operators around the world. As such, XFit Brands recently further expanded to five additional countries internationally bringing its international division to more than 40% of the Company.

David Vautrin, Chief Executive Officer of XFit Brands, commented, "We are very pleased to have completed this acquisition and added GlideBoxx to our increasingly broad portfolio of products for the impact sports industry. The GlideBoxx is a brilliant invention and we intend to capitalize on it's global potential with health clubs, direct to consumer and in other applications to be launched in the future. Customers are already asking for it and we see tremendous revenue synergies coming from the purchase."

About XFit Brands

XFit Brands, Inc. known for its experiential fitness products, is one of the leading suppliers of functional fitness brands, products, and equipment sold at retail and fitness outlets worldwide. The company provides a full portfolio of products and services spanning Mixed Martial Arts and other high and low impact fitness regimes and owns the trademarks Throwdown trademark registered in 30 countries for its Functional Fitness line and its MMA portfolio, and Transformations® in programming and now the GlideBoxx® brand and sports training system patent. The company's portfolio of brands and products are sold in many countries around the world and supply many of the leading Gym and Fitness outlets throughout the United States. The Company's websites are www.XfitBrands.com, www.Throwdown.com and www.GlideBoxx.com

Safe Harbor Disclosure

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of XFit, including statements regarding XFit's expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. XFit Brands competes in a rapidly growing and transforming industry, and other factors disclosed in the Company's filings with the Securities and Exchange Commission may affect the Company's operations. Unless required by applicable law, XFit undertakes no obligation to update or revise any forward-looking statements.

For investor inquiries please contact:

Scott Cameron
[e-mail]
[phone]

Websites:
www.XFitBrands.com
www.Throwdown.com
www.GlideBoxx.com

SOURCE: XFit Brands, Inc.



You may also learn more about the company by visiting their website http://www.xfittraining.com/









Chris Castaldo
Founder, and President of Wall Street Buy Sell Hold, Inc.

Wall Street Buy Sell Hold Inc (WSBSH) is an Investor Relations firm hired by certain companies to provide investor awareness services to micro cap, small cap companies and other private and public companies. Investor Awareness programs are designed to help companies communicate their investment characteristics. WSBSH distributes commercial advertisements (report/release/advertisements) and other Information purchased and compiled from outside sources and analysts. Please read our disclaimer at the end of this report.

Important Disclosures

Disclaimer and Compensation notice: The contents of this message are published by Wall Street Buy Sell Hold Inc to provide readers with information on selected publicly traded companies. Factual information is obtained from public filings and other sources deemed to be reliable; however, Wall Street Buy Sell Hold Inc takes no responsibility for verifying the accuracy of such information and they make no representation that such information is accurate or complete. Some statements may contain so-called "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made herein. These forward-looking statements are not historical facts, but reflect current expectations, estimates and projections. No assurance is given that these estimates, expectations or projections will be achieved. Many factors could cause actual results to differ. Investors should consult with their investment advisor, attorneys and other professionals concerning any stock transaction. Wall Street Buy Sell Hold Inc does not offer such advice or analysis, and suggests you consult your own independent tax, business, financial and investment advisors. In general, given the nature of the company or companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. An investor in such securities should be prepared and able to bear a loss of his or her entire investment. Wall Street Buy Sell Hold Inc has relied upon information supplied by its customers, which it believes to be reliable; however, such reliability cannot be guaranteed. Wall Street Buy Hold Sell Inc., is being paid five thousand dollars and five thousand shares of XFIT Brands' restricted stock on a monthly basis for a 90-day market awareness campaigm. Wall Street Buy Sell Hold Inc makes no representations as to the accuracy, timeliness or completeness of the information contained in any such advertisement and disclaims any and all liability relating thereto. Wall Street Buy Sell Hold Inc is not to be held responsible for any claims made by the companies advertised herein. None of the materials or advertisements herein constitutes offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based solely upon the information provided herein. Wall Street Buy Sell Hold Inc urges you to conduct a complete and independent investigation of the respective companies and consider all pertinent risks. Further, Wall Street Buy Sell Hold Inc and their employees and affiliates may own, or may purchase and sell, securities of the company or companies profiled. Wall Street Buy Sell Hold Inc undertakes no obligation to inform readers about their ownership or their trading activities, or that of their employees or affiliates, in the securities of the profiled company or companies.

Wall Street Buy Sell Hold Inc.


135 Glenwood Road • Glenwood Landing, N.Y. 11547 • (516) 656 - 0217 •