Gatorz Inc. Reports Financial Results for the Third Quarter and Year to Date Periods Ended September 30, 2011
(firmenpresse) - OAKVILLE, ONTARIO -- (Marketwire) -- 12/05/11 -- Gatorz Inc. (TSX VENTURE: GTZ) ("Gatorz") today reported its financial results for the third quarter and year to date periods ending September 30, 2011.
Gatorz CEO Kerry Lynch stated "While corporate spending has increased over the past quarter, these expenditures are in line with our growth strategy. We have developed a strong employee team with extensive sunglass experience and we are being creative in offering discounts to develop the brand and drive sales. Although we did have one significant customer declare bankruptcy in 2011, we have seen growth in other areas that align with our go forward strategy which is a very positive sign."
You can view the complete financial statements along with the MD&A at .
About Gatorz
Gatorz Inc. () designs, develops, manufactures, and distributes performance eyewear, including sunglasses crafted from 7075 billet aircraft aluminum and from premium injection moulded Italian frames. Gatorz precision built aluminum eyewear is proudly made in the USA, offering superior craftsmanship, performance and durability. Gatorz proprietary technologies include the ability to customize the frame to the wearer's specific facial features. In addition, the Company's lens technology, TruRay Optics, offers a comprehensive assortment of ballistic impact-proof lenses which are 100% UV blocking, optically correct and distortion free. Gatorz distribution markets include motorcycling, motorsports, skydiving, military, off-road, hunting & fishing, action sports, and youth lifestyle markets.
Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Gatorz Inc. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Gatorz Inc.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Investor Relations Inquiries:
All Gatorz investor relations inquiries
should be directed to: Mike Dianna
(800) 767-4287
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Datum: 05.12.2011 - 08:26 Uhr
Sprache: Deutsch
News-ID 1063059
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OAKVILLE, ONTARIO
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Kategorie:
Fashion
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