SOURCE: Leatt Corporation

 
Jan 23, 2009 11:00 ET

Leatt Corporation Litigation Update

ARLINGTON, VA--(Marketwire - January 23, 2009) - Leatt Corporation, a Nevada corporation (PINKSHEETS: LEAT)("Company"), announced today that the Company has been named as one of twelve defendants in a 2008 lawsuit filed in Superior Court of the State of California (Los Angeles County). The plaintiff is alleging breach of warranty and product liability claims against the Company. The Company believes that the lawsuit is without merit and the Company will vigorously defend against this lawsuit. Company's insurer has appointed legal counsel to defend the lawsuit.

Notice: This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon Company's current expectations and speak only as of the date hereof. Any indication of the merits of a claim does not necessarily mean the claim will not prevail at trial or otherwise. Company's actual results in any endeavor may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, which factors or uncertainties may be beyond our ability to foresee or control.

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PW Richter
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