NSPT Newron Sport (PK)

Newron Sport (PINKSHEETS: NSPT) is pleased to announce that it has signed a exclusive distribution agreement for its revolutionary tandem inline skates with the Malabo Group of Taipei, Taiwan. This agreement provides the Malabo Group 5 years of exclusive distribution that once fulfilled will be worth approximately 10 million dollars. The Malabo Group is a highly specialized company that has built its exquisite reputation on providing consumers with high quality innovative products. The Malabo Trading Co, which is the Malabo Group�s trading company, is focused on the distribution of sporting goods, footwear and sports apparel throughout Asia. The Malabo Group will represent Newron�s flagship patented products which include, the Touron and Trainon. �We are extremely pleased that the Malabo Group has entered into this agreement with us and will distribute our products all across Asia,� stated Mr. Robert Ritondo, President of Newron Sport. �We are eager to be recognized as a company that helped revolutionize the existing inline skate market, to show sports and fitness enthusiasts that these patented skates are great for endurance, conditioning and overall physical fitness.� �We would like to eventually establish our brand and ourselves as exceptional sports companies such as Reebok, which is owned by Adidas AG (OTCPK: ADDYY), Nike (NYSE: NKE), Saucony, which is owned by Stride Rite Corp. (NYSE: SRR) and Vans, which is owned by the VF Corp. (NYSE: VFC).� concluded Mr. Ritondo. 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 maneuverability 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. 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.