CRUSH Innovative Sports Systems Inc. receives production guarantee from Alpex s.r.i.LOS ALAMITOS Los Alamitos (lôs ăləmē`təs, lŏs), city (1990 pop. 11,676), Orange co., NE of Long Beach, S Calif., in a suburban area; inc. 1960. Los Alamitos Racetrack and U.S. military installations are nearby. , Calif.--(BUSINESS WIRE)--Nov. 1, 1995--CRUSH Innovative Sports Systems Inc. (NASDAQBB:PCIED) has received a contract from Alpex s.r.i., in Montebelluna Italy, guaranteeing production of a generic snowboot sole for CRUSH's proprietary and patented T-Bone(tm) Snowboard Binding System. Production of the generic snowboot sole will allow boot consortium members to attach their "brand" of boot uppers, which would then be compatible with the T-Bone(tm) step-in binding system, for development purposes. Alpex has also agreed to produce complete boot systems, including uppers, liners, internal performance hi-backs, etc. for Nale and other potential boot consortium members. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Richard Perkins Richard Perkins is the former Speaker of the Nevada Assembly. Born in Boulder City, Nevada he became a police officer, eventually rising to become the Chief of Police in Henderson, Nevada. , president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CRUSH, "Due to the explosive growth which the snowboard industry is experiencing, the leading production facilities are at capacity. Production time in the factories, which is very labor intensive Labor Intensive A process or industry that requires large amounts of human effort to produce goods. Notes: A good example is the hospitality industry (hotels, restaurants, etc), they are considered to be very people-oriented. See also: Capital Intensive, Trading Dollars , is secured in advance by snowboard companies and would not typically be available. This guaranteed contract is a significant indicator that we have a very hot product!" Alpex s.r.i. is one of the world's largest and most well known OEM's of snowboots having produced 225,000 pairs of boots last year for a number of top snowboard companies. CRUSH(tm) Innovative Sports Systems Inc. develops sports related products based on its proprietary "quick-release" fastening system, for rapidly growing markets, including snowboarding snowboarding: see under skiing. snowboarding Sport of sliding downhill over snow on a snowboard, a wide ski ridden in a surfing position. Derived from surfing and influenced also by skateboarding as well as skiing, snowboarding began to burgeon and in-line skating. These products address the deficiencies of current products by providing superior levels of performance, comfort and convenience. CONTACT: Woodbridge & Associates 800/824-4011 or 714/251-3436 or CRUSH(tm) Innovative Sports Systems Inc. Richard Perkins, 714/816-0200 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion