Printer Friendly

FIRST TEAM SPORTS/ULTRA-WHEELS ANNOUNCES A JOINT VENTURE WITH THE SPORTFACTOR FOR SALES AND DISTRIBUTION IN AUSTRALIA

 MINNEAPOLIS, April 14 /PRNewswire/ -- First Team Sports, Inc. (NASDAQ-NMS: FTSP), manufacturers and distributors of Ultra-Wheels(R) in-line skates and accessories, is pleased to announce a joint venture agreement with The Sportfactor, a Sydney-based sporting goods specialist, for the sales and distribution of Ultra-Wheels' products in Australia. This arrangement gives exclusive distribution rights to The Sportfactor for all Ultra-Wheels skates, accessories and street hockey equipment.
 David Soderquist, president, stated, "We are very excited to have secured a joint venture agreement with The Sportfactor, as they are a well-known and experienced sporting goods distributor. In-line skating participation per capita is much higher in Australia than in the United States. The enthusiasm for in-line skating is similar to that of Southern California. It is a very exciting and sophisticated market."
 The Sportfactor's managing director, David Spencer, said, "This market is charged with energy and excitement and has the world's most dedicated skaters. We are delighted to have secured this joint vene? agreement with Ultra-Wheels and together we are looking forward to becoming Australia's number one skate brand."
 First Team Sports, Inc. manufactures and distributes high quality in-line roller skates and accessories under the trademarks Ultra-Wheels and Skate Attack(R). The company's products are manufactured and assembled to its specifications in the United States and foreign countries. Ultra-Wheels skates are endorsed by company spokespersons Wayne Gretzky, Janet Jones Gretzky, Katarina Witt, Brett Hull, Kurt Browning, and Team USA Hockey. First Team Sports is traded on NASDAQ National Market under the symbol "FTSP."
 -0- 4/14/93
 /CONTACT: Susan Niles, director of marketing of First Team Sports, 612-780-4454/
 (FTSP)


CO: First Team Sports, Inc.; The Sportfactor ST: Minnesota IN: LEI SU: JVN

AL -- MN011 -- 5676 04/14/93 11:39 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 14, 1993
Words:286
Previous Article:FPL ANNOUNCES SALE AND REDEMPTION OF FIRST MORTGAGE BONDS
Next Article:MINNEAPOLIS/ST. PAUL RECEIVES FIRST AUTOMATED SHIPPING CENTERS IN NATIONAL ROLL-OUT
Topics:


Related Articles
WAYNE GRETZKY AND JANET JONES GRETZKY EXTEND CONTRACT TO ENDORSE ULTRA-WHEELS
FIRST TEAM SPORTS ANNOUNCES THE SIGNING OF NHL SCORING CHAMPION BRETT HULL TO A MULTI-YEAR ENDORSEMENT AGREEMENT
FIRST TEAM SPORTS/ULTRA WHEELS ANNOUNCES THE APPOINTMENT OF ASICS CORPORATION AS EXCLUSIVE DISTRIBUTOR IN JAPAN
FIRST TEAM SPORTS, INC. ANNOUNCES RECORD FISCAL 1993 SALES AND EARNINGS
FIRST TEAM SPORTS, INC. ANNOUNCES JOINT MARKETING ARRANGEMENT WITH BELL SPORTS FOR SALES OF IN-LINE SKATE HELMETS
FIRST TEAM SPORTS APPOINTS R.S.H. PTE, LTD. AS EXCLUSIVE DISTRIBUTOR IN SINGAPORE, MALAYSIA, INDONESIA, BRUNEI, HONG KONG & THAILAND
ULTRA-WHEELS TO LAUNCH JOINT MARKETING PROMOTION WITH COCA-COLA
SPORTMART, INC. TO SOURCE TAG USING SENSORMATIC'S ULTRA-MAX(R) ANTI-THEFT TECHNOLOGY
ULTRAWHEELS INVESTS IN CALIFORNIA MARKET WITH CREATION OF NEW REPRESENTATIVE GROUP
UltraWheels Featured in the Promotional Campaign For Coca-Cola's New Product Surge

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters