TORRANCE, Calif., Oct 16, 2007 (BUSINESS WIRE) -- Execute Sports, Inc. (EXCS), a company engaged in the design, manufacturing and sale of water sports products, announced today that preliminary orders for 2008 OEM produced Life Vests will increase by nearly 61% over 2007 production.
At this time, Execute Sports, Inc. expects additional OEM orders to be received in the upcoming weeks which would further increase sales for the 2008 season. In addition to producing and distributing their own brand of life vests, Execute Sports has made a concerted effort to design and manufacture additional vests for companies seeking private label manufacturing capabilities.
Celeste Berouty, President Execute Sports, Inc., commented, "The OEM market for own branded products have grown tremendously over the past few years. Because of this, we made a decision to put together a sales team that would actively pursue these opportunities and offer up our technology and manufacturing facilities to these customers." More and more retail chains are introducing OEM products into their mix because they can receive a higher profit margin and have greater flexibility with design and inventory controls. It also allows the retailers to promote their own company and company owned brand which can keep products at a more cohesive level. In addition, more companies are using this method in order to increase visibility of the store in areas which might not usually be reached. Ms Berouty further commented, "The opportunity to design and manufacture OEM products for major retailers allows Execute Sports to get a foothold into major retailers and provide them with the confidence that Execute can deliver on time and provide them with high quality products."
About Execute Sports, Inc.
Based in Torrance, California, Execute Sports, Inc. develops performance products including wetsuits, vests, and rash guards for the action sports industry. The Company's brands include Execute Wetsuits, Vests, Accessories and Wakeskates. Execute branded products can be found online at retailers such as The Sports Authority, Dick's, Sport Chalet and Amazon.com. For a full listing of online retailers, please visit the company website at http://www.executesports.com .
Additional company information, press releases and general commentary can be viewed by visiting http://www.microstockprofit.com .
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include expectations regarding the ability of the company to continue its growth and the financial performance thereafter. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks include the ability to accomplish goals and strategies, anticipated revenue enhancements, general economic conditions and the level of consumer spending, and numerous other factors identified in the Company's Form 10-KSB and other filings with the Securities and Exchange Commission.
Execute Sports, Inc. Geno Apicella, CEO, 310-515-8902 info@executesports.com
News 
Market Data 
Discover 
AI
