Crush Innovative Sports Systems Inc. in discussions for Japanese distribution of T-Bone bindings.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)--March 25, 1997--Crush Innovative Sports Systems Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PCIE See PCI Express. ) Tuesday announced that it has written confirmation from ELAN Japan, that they are moving forward with plans for the distribution of the T-Bone step-in binding system throughout Japan. Discussions with ELAN Japan took place at the March 3 through 7 SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile. SIA - Serial Interface Adaptor show in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . ELAN Japan is a distributor of ski and snowboard equipment to the Japanese market and is a division of the larger ELAN Corp. 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 and chief executive officer of Crush Innovative Sports Systems, commented: "The discussions with ELAN Japan are an exciting step toward the successful marketing and distribution of the T-Bone system. An ELAN Japan representative indicated that they are soliciting quantity orders from large clients. Distribution in Japan would introduce our system to an entirely different sector of the world market, thrusting T-Bone into worldwide distribution." Japan represents one of the three largest markets for snowboarding in the world and has a high demand for international products. It is estimated that there are currently approximately 800,000 snowboarders in Japan. The season there is quite long, with good conditions running from December until April, with snowboarding continuing into May in some areas. Except for historical information contained herein, the matters set forth in this release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are dependent on certain risks and uncertainties including such factors, among others, as: technology development delays; market or customer acceptance; market demand; pricing; product introductions; competition; changing regulatory environment; changing economic conditions; risks in new product and service development; the effect of the company's accounting policies and other risk factors detailed in the company's SEC filings. CRUSH Innovative Sports Systems Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Pacific International Enterprises Inc., develops sports-related products based on its proprietary "quick release" fastening technology, for rapidly growing markets, including snowboarding and in-line skating. CRUSH products address the deficiencies of current products by providing superior levels of performance, comfort and convenience. CONTACT: Woodbridge & Associates 800/824-4011 or Pacific International Enterprises Inc. 714/816-0200 |
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