Collegiate Pacific in Exclusive Alliance with Nolan Ryan
28 Juni 2006 - 3:30PM
Business Wire
Collegiate Pacific Inc. (AMEX:BOO): -- Multi-Year Exclusive
Partnership leveraged via Catalog, Web and Road Sales -- Company to
Launch Ryan Express Exclusive Products Collegiate Pacific
(AMEX:BOO) today announced it had entered into a multi-year,
exclusive relationship with Hall of Fame baseball great and
All-Time strikeout leader Nolan Ryan for the purpose of designing
new products and marketing existing products to the institutional
baseball markets and baseball enthusiasts everywhere. Mr. Ryan
joins the Company as Chief Baseball Product Consultant and will be
featured on both product and marketing activities across the
Collegiate Pacific family of wholly owned companies. Terms of the
agreement were not disclosed but it is primarily a
performance-based agreement which benefits both parties when
products are produced and sold. Commenting on the relationship,
Adam Blumenfeld, President of Collegiate Pacific, stated: "This
alliance is not a passive endorsement or promotional relationship.
It is a multi-year, exclusive, product-oriented partnership where
the Company will work with Nolan in testing and marketing existing
products and developing new "best of breed" baseball products
available to the institutional and consumer sport enthusiast
markets. Given Nolan's ownership of two professional baseball
teams, there is the unique opportunity to design and test new
products at the highest levels before introducing them to the
markets. We intend to utilize the full breadth of our distribution
including 1.5 million catalogs, 175 road sales pros, in-house sales
teams and both existing websites/web affiliations and
to-be-designed Nolan Ryan-specific web sites to introduce these
products to the marketplace. Customers can expect the launch of the
Ryan Express Pitching Machine, and Ryan Express In-The-Zone
Pitching Target to be just a part of the suite of products
introduced during the coming baseball season. "In addition to the
planned new product launches, anytime the Company can associate
itself -- its catalogs and existing marketing presence -- with an
icon of the sport of baseball such as Nolan Ryan, it acts to
differentiate Collegiate Pacific's presence in the market and
separate us further from the pack. For this we are grateful to Mr.
Ryan for his willingness to participate in such an involved manner
with the Company." Mr. Nolan Ryan stated: "I am delighted to be
involved with a Company as innovative and multi-faceted as
Collegiate Pacific. Our intention is to develop programs and
products that will meet the highest standards of quality and
performance for both teams and individual baseball enthusiasts. I
look forward to a long and mutually beneficial relationship with
the Company." Collegiate Pacific is the nation's fastest growing
manufacturer and supplier of sports equipment primarily to the
institutional and team dealer markets. The company offers more than
4,500 products to 300,000 prospective and existing customers. The
company distributes approximately 1.5 million catalogs annually and
employs approximately 175 professional road salesmen. This press
release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include statements relating to
Collegiate Pacific's anticipated financial performance, business
prospects, new developments and similar matters, and/or statements
preceded by, followed by or that include the words "believes,"
"could," "expects," "anticipates," "estimates," "intends," "plans"
or similar expressions. These forward-looking statements are based
on management's current expectations and assumptions, which are
inherently subject to uncertainties, risks and changes in
circumstances that are difficult to predict. Actual results may
differ materially from those suggested by the forward-looking
statements due to a variety of factors, including changes in
business, political, and economic conditions due to the threat of
future terrorist activity or otherwise, actions and initiatives by
current and potential competitors, and certain other additional
factors described in Collegiate Pacific's filings with the
Securities and Exchange Commission. Other unknown or unpredictable
factors also could have material adverse effects on Collegiate
Pacific's future results, performance or achievements. In light of
these risks, uncertainties, assumptions and factors, the
forward-looking events discussed in this press release may not
occur. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date stated,
or if no date is stated, as of the date of this press release.
Collegiate Pacific is not under any obligation and does not intend
to make publicly available any update or other revisions to any of
the forward-looking statements contained in this press release to
reflect circumstances existing after the date of this press release
or to reflect the occurrence of future events even if experience or
future events make it clear that any expected results expressed or
implied by those forward-looking statements will not be realized.
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