Collegiate Pacific Named Exclusive Distributor of Air Chiller Inc.Business Editors DALLAS--(BUSINESS WIRE)--Oct. 20, 2003 Collegiate Pacific (AMEX AMEX See: American Stock Exchange :BOO) today announced that it has executed a long term, Master Distribution Agreement with Air Chiller chill·er n. 1. One that chills. 2. A frightening story, especially one involving violence, evil, or the supernatural; a thriller. chiller Noun 1. Inc. to become the national and exclusive distributor of the Air Chiller sports fields cooling systems cooling systems for housed animals include spraying of roofs with water, evaporative pads with fans, foggers and misters; for pastured animals shelter from the sun by trees or artificial shade devices and cooling ponds are used. to the Athletic marketplace. Michael Blumenfeld, 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. , in discussing the agreement, stated, "This agreement with Air Chiller represents the prototype of transactions that Collegiate Pacific intends to execute - where we can leverage our marketing and sales infrastructure to greatly enhance the visibility of new and exciting product lines. "When combined with our earlier acquisition of Sports Cool Field Cooling Systems during Fiscal 2003, Collegiate Pacific emerges as one of the dominant suppliers of portable athletic field cooling systems in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "Heat-related deaths and injuries are of major concern to professional, recreational and institutional athletic programs - at both the practice and game level. Collegiate Pacific intends to complement the Air Chiller line of products with a variety of hydration-minded items to service this growing concern for player and student safety. Collegiate Pacific and Air Chiller will work closely together in the design and construction of additional new products to service this market in the coming years." The Company intends to launch the Air Chiller line in its Spring catalog release slated for early January, in concert with an additional 100 -200 new products that are unrelated to the Sports Cooling line. Collegiate Pacific is the nation's fastest growing direct marketer and distributor of sports equipment to the institutional markets. The Company markets 3,200 products to more than 35,000 institutional accounts and 200,000 prospects via catalog, outbound sales and the Internet. This new release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The company has based these forward-looking statements on its current expectations and projections about future events, based on the information currently available to it. The forward-looking statements include statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the company's anticipated financial performance, business prospects, new developments, new strategies and similar matters. The following important factors, in addition to those described in the company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-KSB for the year ended June 30, 2002, especially in the Risk Factors and the Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial sections, and its Quarterly Reports on Form 10-QSB and its Current Reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. (each of which is available upon request from the company or on the company's website, www.cpacsports.com, under the heading "Investors") may affect the future results of the company and cause those results to differ materially from those expressed in the forward-looking statements, material adverse changes in the economic conditions in the Company's markets, including as a result of terrorist attacks and competition from others. |
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