"THE FOLLOWING ARE HISTORICAL PRESS RELEASES AND ARE PROVIDED SOLEY FOR INFORMATIONAL PURPOSES. THE INFORMATION CONTAINED IN THIS ARCHIVE SECTION IS DATED , NOT CURRENT AND NOT UPDATED AND SHOULD NOT UNDER ANY CIRCUMSTANCES BE CONSIDERED BY ANY INVESTOR IN DECIDING WHETHER TO TRADE ANY LEATT CORPORTATION SECURITIES."
 

LEATT CORPORATION APPOINTS ZAFIRIS M. ZAFIROPOULOS TO BOARD OF DIRECTORS

CAPE TOWN, SOUTH AFRICA (October 31, 2011) Leatt Corporation (OTC: LEAT.PK), a global marketer and distributor of the Leatt-Brace®, a neck brace system designed to help prevent potentially devastating injuries to the cervical spine (neck) for helmeted sports, announced today the appointment of Mr. Zafiris M. Zafiropoulos to its Board of Directors, effective immediately. The appointment of Mr. Zafiropoulos, who is an independent director, brings the total number of board members to four.

For the past 10 years, Mr. Zafiropoulos, 59, has been the Executive Director of Midrand, South Africa-based Time Quantum, a profitable, privately-held South African information technology services company providing software and IT solutions to public and private sector clients. Previously, Mr. Zafiropoulos was Chief Executive Officer and Executive Director of South Africa-based Crux Technologies, a predecessor company to Time Quantum. "Mr. Zafiropoulos is an exceptional addition to our board and his extensive business experience will be a valuable asset as we expand our product lines and geographical footprint around the world," said Dr. Chris Leatt, the Chairman of the Board of Directors. "He has established a proven track record in sales and marketing as well as in building and growing publicly-held companies. The Leatt management and all my fellow board members look forward to Mr. Zafiropoulos' expertise and working with him to grow Leatt Corporation."

Prior to his time at Crux Technologies, Mr. Zafiropoulos helped found and led the sales and marketing team at South Africa-based Cephas Computer Services, a consulting services company.

Mr. Zafiropoulos has a Bachelor's degree in computer science and applied mathematics from the University of the Witwatersrand in South Africa and a Master's degree in business leadership from the School of Business Leadership in South Africa.


About Leatt Corporation

Leatt Corporation develops, distributes and markets personal protective equipment and ancillary products for all forms of sports, especially extreme motor sports. The Leatt-Brace® is an award-winning neck brace system considered the gold standard for neck protection for anyone wearing a crash helmet as a form of protection. It was designed for participants in extreme sports or riding motorcycles, bicycles, mountain bicycles, all-terrain vehicles, snowmobiles and other vehicles.

For more information, visit: www.leatt-corp.com | www.leatt-brace.com


Contacts

Allen & Caron Inc
Rudy Barrio (Investors)
r.barrio@allencaron.com
(212) 691-8087

Len Hall (Media)
len@allencaron.com
(949) 474-4300



LEATT CORPORATION SELECTS ALLEN & CARON INC FOR INVESTOR RELATIONS, CORPORATE COMMUNICATIONS

CAPE TOWN, SOUTH AFRICA (October 10, 2011), Leatt Corporation (OTC: LEAT.PK), a global developer, marketer and the distributor of the Leatt-Brace®, a neck brace system designed to help prevent potentially devastating injuries to the cervical spine (neck) for helmeted sports, announced today that it has selected New York-based Allen & Caron Inc. as its agency for investor relations and corporate communications.

Chief Executive Officer Sean Macdonald commented: “Our first product, the Leatt-Brace, is already well known worldwide as a superior neck injury prevention device. It has also allowed us to establish a respected brand in the rapidly-expanding world of extreme sports and a global reputation as a developer of innovative technologies. With this in mind, we believe it is the appropriate time to establish broader visibility in the investment community and the financial media, and thus selected Allen & Caron, an agency with a solid reputation within these financial circles and history of success, to help us build investment support.”

Allen & Caron Chairman and Chief Executive Officer Joe Allen stated: “Leatt Corp.’s position in the exciting and rapidly-expanding extreme sports market, and strategy to expand throughout the broader sports industry, offers a potentially interesting and compelling investment opportunity that will be the focus of our efforts on their behalf. We will assist Leatt in developing and executing an investor relations program designed to effectively communicate its business plan strategy, improve overall awareness among portfolio managers and analysts and, over time, enhance shareholder value.”

About Leatt Corporation

Leatt Corporation develops personal protective equipment and ancillary products for all forms of sports, especially extreme motor sports. The Leatt-Brace® is an award-winning neck brace system considered the gold standard for neck protection for anyone wearing a crash helmet as a form of protection. It was designed for participants in extreme sports or riding motorcycles, bicycles, mountain bicycles, all-terrain vehicles, snowmobiles and other vehicles.
For more information, visit: www.leatt-corp.com | www.leatt-brace.com

About Allen & Caron

Allen & Caron is a full-service corporate, investor and marketing communications agency serving the needs of public companies. The Allen & Caron international client base includes emerging growth companies in a broad range of industry segments. The firm has offices in Irvine, California; New York City and London; and has an affiliate relationship with a leading investor relations firm in Italy, which has offices in Milan and Rome. For more information, visit:
www.allencaron.com | www.smallcapworld.wordpress.com | www.twitter.com/AllenCaron

Cautionary Notice Regarding Forward-Looking Statements: This communication may contain forward-looking statements, including statements relating to the market opportunity and future business prospects of Leatt Corporation. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Consequently, all forward-looking statements made in this communication are qualified by those risks, uncertainties and other factors. Such risks, uncertainties and other factors include Leatt Corporation’s status as a non-SEC reporting, “penny stock” microcap company as well as those other risks, uncertainties and other factors set forth in the financial statements and public announcements on its website at http:www.leatt-corp.com. Contents of any URL referenced herein are not incorporated herein and are for information purposes only. No statements herein constitute investment advice.


Contacts

Allen & Caron Inc
Rudy Barrio (Investors)
r.barrio@allencaron.com
(212) 691-8087

Len Hall (Media)
len@allencaron.com
(949) 474-4300



U.S. Patent for Leatt Neck Brace System Issued

August 22, 2011

CAPE TOWN, SOUTH AFRICA:  Leatt Corporation, a Nevada corporation (OTC MARKETS: LEAT.PK) (Company), and the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), as well as other products, today announced that the U.S. Patent and Trademark Office of the U.S. Department of Commerce issued a patent for the Leatt Neck Brace system on August 9, 2011 (U.S. Patent Number 7,993,293).

The Company has an exclusive license to produce and sell products based on the Leatt Neck Brace system, which has issued and pending patents internationally. Leatt Corporation and the inventor-assignee for such patents have been aggressive and successful to date in defending the Leatt Neck Brace patent and other intellectual property rights.

Since 2006, the Company has sold a line of products based on the Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV, bicycle and other motor vehicles worldwide.  The Company product line is set forth at our sales/product URL: http://www.leatt.com. The contents of such URL are not incorporated herein.

NOTICE: This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. Actual results of operations, including market acceptance of products and consequences of patent rights for such products, may vary significantly from results indicated or implied by any forward looking statements. The granting of patent rights does not necessarily result in any enhanced market performance or market acceptance of the products based on such rights. The Company is deemed a “penny stock” company under federal securities rules and the Company is not an SEC reporting company. As such, any investment in Company securities is deemed to be highly risky.

Investor Relations Contacts:
PW RICHTER
3901 Dominion Townes Circle,
Richmond, Virginia 23223, USA
Tel: (804) 644-2182
Fax: (804) 644-2181

Email: prosage@comcast.net



Leatt Corporation achieves Profit in Second Quarter FY2011

May 13, 2011

CAPE TOWN, SOUTH AFRICA:  Leatt Corporation, a Nevada corporation (OTC MARKETS: LEAT.PK) (Company), and the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), as well as other products, today announced unaudited financial results for the second fiscal quarter ended June 30, 2011, (“Q2 FY2011”). The Company posted gross revenues of $4,983,452 and a net quarterly profit before taxes of $640,366. These results compare to gross revenue of $2,859,940 and a net quarterly loss before taxes of $ (293,793) in the year-ago quarter.  A summary of financial results is set forth below.

"Leatt Corporation is making an aggressive effort to return to, and hopefully sustain, profitability as well as pursuing a concurrent growth strategy. The results of Q2 FY2011 indicate some positive results from our efforts, although we continue to face a negative worldwide economic environment in the U.S. and EU, which are our primary markets. Further, we are examining specific measures to improve the liquidity of the public market of our Common Stock,” said Chief Executive Officer Sean Macdonald. “The Company intends to call a shareholder meeting this year which will include a full presentation on a revised Company strategic plan,” added Mr. Macdonald. As part of its business development and investor relations efforts and to fine tune its strategic plan, the senior officers of the Company met with an investor relations firm, a major U.S. law firm, and U.S. shareholders during a visit to the U.S. from August 3rd to August 6th 2011. During these meetings, which were designed to seek advice on and discuss enhancing shareholder value and evaluating potential professional services, the senior officers expressed a general sense of optimism over the progress to date of the Company without disclosing any business or financial results or projections. Since 2006, the Company has sold a line of products based on the Neck Brace System for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV, bicycle and other motor vehicles worldwide.  The Company’s product line is set forth at our sales/product URL: http://www.leatt.com.

A financial summary of the Q2 FY2011 results appear below, which summary is qualified in its entirety by reference to the Q2 FY2011 financial results and footnotes thereto posted on http://www.leatt-corp.com. One should not rely on the following summary as a complete presentation of financial results and condition for Q2 FY2011, especially in any investment decision.

  Three Months Ended
June 30
Six Months Ended
June 30
         
  2011
Unaudited
2010
Unaudited
2011
Unaudited
2010
Unaudited
         
Revenues $4,983,452 $2,859,940 $7,908,150 $5,813,320
Cost of Revenues 1,973,499 1,072,021 3,018,663 2,223,484
Gross Profit 3,009,953 1,787,919 4,889,487 3,589,836
Operating Expenses 2,388,741 2,065,209 4,491,378 4,052,716
Income/Loss from Operations 621,212 (277,290) 398,109 (462,880)
Other Income (Expense) 19,154 (16,503) 24,623 (14,845)
Income/Loss Before Income Taxes 640,366 (293,793) 422,732 (477,725)
Income Taxes 250,800 - 251,600 2,400
         
Net Income/Loss Available to Common Shareholders $389,566 $(293,793) $171,132 $(480,125)
         


NOTICE: This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include, without limitation, the effect of competitive and economic factors, and the Company's reaction to those factors; on consumer and business buying decisions with respect to the Company's products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company's dependency on the sales performance of distributors and other resellers of the Company's products. Increased financial performance in one or more quarters is not necessarily indicative of future financial performance and general optimism of management does not mean that the Company is or will continue to perform at any specific level. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public disclosures at http: www.leatt-corp.com . The Company's common stock quotes on The OTC Markets Group, Inc. and said stock is a "penny stock" under SEC rules – all of which limits the liquidity of our common stock. The Company is not an SEC reporting company and its common stock is not extensively or actively traded. As such, any investment in the common stock is highly risky and has limited liquidity. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, unless applicable laws require otherwise. Neither any URLs referenced above nor their contents are incorporated herein or made a part of this press release and should not be relied upon by any investor.

Investor Relations Contacts:
PW RICHTER
3901 Dominion Townes Circle,
Richmond, Virginia 23223, USA
Tel: (804) 644-2182/ Fax: (804) 644-2181
Alternate Tel: (703) 725-7299
prosage@comcast.net


Leatt Corporation Announces Unaudited First Quarter FY2011 Results

May 13, 2011

CAPE TOWN, SOUTH AFRICA:  Leatt Corporation, a Nevada corporation (PINKSHEETS: LEAT.PK) (Company), and the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced unaudited financial results for the first fiscal quarter ended March 31, 2011, (“Q1 FY2011”). The Company posted gross revenues of $2,924,698 and a net quarterly loss before taxes of $217,634. These results compare to gross revenue of $2,953,380 and net quarterly loss before taxes of $ 183,932 in the year-ago quarter.  A summary of financial results is set forth below.

"Leatt Corporation has been working to return to profitability and a pro-growth strategy. The increase in net loss for the quarter is primarily due to shipments that were unable to ship during the Chinese New Year period as well as increased product liability insurance premiums and an advertising campaign aimed at growing the Company’s markets. Like many niche consumer product companies, the recession and downturn in consumer discretionary spending hurt our results and stalled our growth efforts. We believe that we are making progress in our efforts to return to profitability and then pursuing a growth strategy despite the continued negative economic environment. We are committed to pursuing a prudent plan for establishing a company that is capable of sustained and future profitability,” said Chief Executive Officer Sean Macdonald.

Since 2006, we have sold a line of Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV, bicycle and other motor vehicles worldwide.  The Company product line is set forth at our sales/product URL: http://www.leatt-brace.com.

A financial summary of the Q1 FY2011 results appears below, which summary is qualified in its entirety by reference to the Q1 FY2011 financial results and footnotes thereto posted on http://www.leatt-corp.com. One should not rely on the following summary as a complete presentation of financial results and condition for Q1 FY2011, especially in any investment decision.

  Three Months Ended
31 March 2011
     
  2011
Audited
2010
Audited
     
Revenues $ 2,924,698 $ 2,953,380
Cost of Revenues 1,045,164 1,151,463
Gross Profit 1,879,534 1,801,917
Operating Expenses 2,102,637 1,987,507
Loss from Operations (223,103) (185,590)
Other Income (Expense) 5,469 1,658
Loss Before Income Taxes (217,634) (183,932)
Income Taxes 800 2,400
     
Net Loss Available to Common Shareholders $ (218,434) $ (186,332)
     


NOTICE: This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include, without limitation, the effect of competitive and economic factors, and the Company's reaction to those factors; on consumer and business buying decisions with respect to the Company's products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company's dependency on the sales performance of distributors and other resellers of the Company's products. Increased financial performance in one or more quarters is not necessarily indicative of future financial performance. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public disclosures at http: www.leatt-corp.com . The Company's common stock quotes on The OTC Markets Group, Inc. and said stock is a "penny stock" under SEC rules – all of which limits the liquidity of our common stock. The Company is not an SEC reporting company and its common stock is not extensively or actively traded. As such, any investment in the common stock is highly risky and has limited liquidity. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, unless applicable laws require otherwise. Neither any URLs referenced herein nor their contents are incorporated herein or made a part of this press release.

Investor Relations Contacts:
PW RICHTER
3901 Dominion Townes Circle,
Richmond, Virginia 23223, USA
Tel: (804) 644-2182/ Fax: (804) 644-2181
Alternate Tel: (703) 725-7299
prosage@comcast.net


LEATT CORPORATION ANNOUNCES AUDITED FY2010 RESULTS

March 31, 2011

CAPE TOWN, SA: Leatt Corporation, a Nevada corporation (Symbol: LEAT.PK) (Company), and the developer and distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the neck, today announced audited financial results for its fiscal year ended December 31, 2010. The Company posted revenue of $ 14,330,072 and a net annual loss of $ 208,562. These results compare to revenue of $ 13,743,107 and net annual loss of $ 129,569 in fiscal year 2009 ended December 31, 2009.  A summary of financial results is set forth below.

“We are encouraged to see that despite making an annual loss, quarter three and quarter four of 2010 showed a net profit. We believe that this indicates that our ongoing efforts to increase revenues are starting to show results and that we are hopefully moving in the right direction” said Chief Executive Officer Sean Macdonald.

Leatt Corporation:  Since 2006, we have produced and sold a line of Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the neck among motorcycle, ATV and other motor vehicles worldwide.  Our product line is set forth at our sales/product URL: http://www.leatt.com.

A financial summary of the FY2010 results appears below, which summary is qualified in its entirety by reference to the FY2010 financial statements and footnotes thereto posted on http://www.leatt-corp.com. This press release and the summary below are qualified in their entirety by reference to our posted financial statements and footnotes thereto at the aforesaid URL.  One should not rely on the following summary as a complete presentation of financial results and condition.

     
  2010
Audited
2009
Audited
     
Revenues $ 14,330,072 $ 13,743,107
Cost of Revenues 5,606,502 4,622,532
Gross Profit 8,723,570 9,120,575
Operating Expenses 8,901,691 9,225,222
Loss from Operations (178,121) (104,647)
Other Income (Expense) 25,674 47,074
Loss Before Income Taxes (152,447) (57,573)
Income Taxes (56,115) (71,996)
     
Net Loss Available to Common Shareholders $ (208,562) $ (129,569)
     


NOTICE: This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include, without limitation, the effect of competitive and economic factors, and the Company’s reaction to those factors; on consumer and business buying decisions with respect to the Company’s products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company’s dependency on the sales performance of distributors and other resellers of the Company’s products. Increased financial performance in one or more quarters is not necessarily indicative of future financial performance. More information on potential factors that could affect the Company’s financial results is included from time to time in the Company’s public disclosures at http://www.leatt-corp.com. The Company’s common stock quotes on The OTC Markets Group, Inc. and said stock is a “penny stock” under SEC rules.  The Company is not an SEC reporting company and its common stock is not extensively or actively traded. As such, any investment in the common stock is highly risky and has limited liquidity. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, unless applicable laws require otherwise. Neither any URL’s referenced herein nor their contents are incorporated herein or made a part of this press release.

Investor Relations Contacts:
PW RICHTER, Richmond, Virginia, USA
Tel: (804) 644-2182
Fax: (804) 644-2181
Alternate Tel: (703) 725-7299
prosage@comcast.net


LEATT CORPORATION ANNOUNCES RELEASE OF THE LEATT STX ROAD

March 23, 2011

CAPE TOWN, SA: Leatt Corporation, a Nevada corporation (Symbol: LEAT.PK) (Company), and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the neck, today announced the release of it’s Leatt® STX Road, the all-new neck brace specifically for street motorcycle riders.

“We are excited to announce the launch of our new STX Road Brace which is a neck brace designed specifically for street motorcyclists and track day riders. This product introduces Leatt to a new motorcycle market segment and once again confirms Leatt’s status as an industry leader in neck protection. The Leatt STX Road incorporates Leatt’s Alternative Load Path Technology and is a proud edition to the Leatt product range.” said Chief Executive Officer Sean Macdonald.

Leatt Corporation: Since 2006, we have produced and sold worldwide a line of Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV and other motor vehicles. Our product line is set forth at our sales/product URL: http://www.leatt.com.

Legal Notice Regarding Forward-Looking Statements: This press release may contain forward-looking statements covered by the Private Securities Litigation Reform Act of 1995 (15 U.S.C. §78j), which are based on the Company's current expectations, forecasts and assumptions. In some cases forward-looking statements may be identified by forward-looking words like "promote," "will," “hopefully,” “should,” "improve," or similar words. Forward- looking statements involve risks and uncertainties that could cause actual outcomes and results to differ materially from the Company's expectations, forecasts and assumptions. These risks and uncertainties include risks and uncertainties not under the control of the Company, including, without limitation, the current economic climate, market acceptance of our products, the risks of regulatory scrutiny and investigations, vulnerability of the Company and its products to domestic and international competitors with considerably greater resources than the Company and possible inability to establish market share against competing products in many markets, actions of our competitors, the level of demand and market acceptance of our products, and changes in our business strategies. The Company’s common stock is quoted on The Pink OTC Market and the Company is a “penny stock company” (as defined under the rules of the Securities Exchange Act of 1934, as amended). The Company is not a reporting company under the U.S. federal securities laws. As such, there are additional, substantial risks associated with the Company and its securities. Such risks include limited liquidity of the Company’s common stock, such stock’s susceptibility to trading pressure and limitations on ability of broker-dealers to trade or recommend such stock.

Investor Relations Contacts:
PW RICHTER, Richmond, Virginia, USA
Tel: (804) 644-2182
Fax: (804) 644-2181
prosage@comcast.net


Leatt Corporation Announces Unaudited Third Quarter FY2010 Results.

November 15, 2010

CAPE TOWN, SOUTH AFRICA:  Leatt Corporation, a Nevada corporation (PINKSHEETS: LEAT.PK) (Company), and the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced unaudited financial results for its fiscal 2010 third quarter ended September 30, 2010 (“Q3 FY2010”). The Company posted gross revenues of $ 4,012,145 and a net quarterly profit before tax of $ 159,585. These results compare to gross revenue of $ 3,044,940 and net quarterly loss before tax of $ 678,218 in the year-ago quarter. A summary of financial results is set forth below.

"We are encouraged to see that we made a modest quarterly profit for Quarter Three of 2010 and that the steps that we have taken as a result of the recession are beginning to filter through to the bottom line," said Chief Executive Officer Sean Macdonald.

Since 2006, we have sold a line of Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV, bicycle and other motor vehicles worldwide. The Company product line is set forth at our sales/product URL: http://www.leatt-brace.com.

A financial summary of the Q3 FY2010 results appears below, which summary is qualified in its entirety by reference to the Q3 FY2010 financial results posted on http://www.leatt-corp.com. One should not rely on the following summary as a complete presentation of financial results and condition for Q3 FY2010.

The Summarized Consolidated Statements of Operations (unaudited) for the periods ending September 30, 2010 and 2009 are:



Three Months Ended
Nine Months Ended


September 30, 2010
September 30, 2010


2010
2009
2010
2009


Unaudited
Unaudited
Unaudited
Unaudited









Revenues
$4,012,145
$3,044,940
$9,825,465
$10,496,463









Cost of Revenues
1,561,043
1,083,357
3,784,527
3,782,925









Gross Profit
2,451,102
1,961,583
6,040,938
6,713,538









Operating Expenses







Salaries and wages
828,145
876,744
2,634,975
2,609,985
Commissions and consulting expenses
123,565
167,408
358,951
385,881
Professional fees
422,040
522,315
848,810
1,143,957
Advertising and marketing
328,364
476,456
867,108
1,215,652
Office rent and expenses
46,588
55,641
159,545
168,250
Research and development costs
116,248
72,154
177,858
113,992
General and administrative expenses
349,055
372,043
1,052,545
1,042,782
Depreciation
87,043
104,696
253,972
329,606
Total operating expenses
2,301,048
2,647,457
6,353,764
7,010,105









Income / (Loss) from Operations
150,054
(685,874)
(312,826)
(296,567)









Other Income (Expense)







Interest and other income, net
1,758
7,656
4,442
35,576
Other expenses, net
7,773
-
(9,756)
-
Total other income (expense)
9,531
7,656
(5,314)
35,576








Income / (Loss) Before Income Taxes
159,585
(678,218)
(318,140)
(260,991)









Income Taxes
-
308,504
2,400
-









Net Income / (Loss) Available to Common Shareholders
$159,585
$(369,714)
$(320,540)
$(260,991)









Net Income (Loss) per Common share







Basic
$ 0.0012
$ 0.00
$ 0.00
$ 0.00
Diluted
$ 0.0012
$ 0.00
$ 0.00
$ 0.00









Weighted Average Number of Common Shares Outstanding







Basic
132,255,669
131,922,336
132,255,669
131,922,336
Diluted
132,255,669
131,922,336
132,255,669
131,922,336









Comprehensive Income (Loss)







Net Income (Loss)
$159,585
$(369,714)
$(320,540)
$(260,991)
Other comprehensive loss net of $ 0 income taxes







Foreign currency translation
175,626
56,503
103,170
447,254









Total Comprehensive Income (Loss)
$335,211
$(313,211)
$(217,370)
$186,263


Litigation. The Company has also been named as a defendant in a lawsuit in the U.S. District Court for the Western District of Kentucky. The claim is for alleged strict liability and breach of product warranties. The Company does not believe the claims in this case have merit.

The Company’s insurer initially filed a declaratory judgment in federal court to seek a court declaratory judgment that the insurer did not have to provide any coverage for the Kentucky lawsuit, but the insurer has since indicated that the insurer will provide coverage for the Kentucky lawsuit, including paying for legal defense, without withdrawing and subject to the claims in the declaratory lawsuit.  The insurer declaratory action alleges, in part, that the Company failed to timely inform the insurer of the Kentucky lawsuit.  The Company denies that allegation and will aggressively litigate.

The Company cannot predict at this time the outcome of any current litigation and as of the date hereof intends to defend these legal actions.

NOTICE: This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include, without limitation, the effect of competitive and economic factors, and the Company's reaction to those factors; on consumer and business buying decisions with respect to the Company's products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company's dependency on the sales performance of distributors and other resellers of the Company's products. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public disclosures at http:www.leatt-corp.com. The Company's common stock quotes on The Pink OTC Market and said stock is a "penny stock" under SEC rules. The Company is not an SEC reporting company. As such, any investment in the common stock is highly risky. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, unless applicable laws require otherwise. Neither any URLs referenced herein nor their contents are incorporated herein or made a part of this press release.


Contact: 

IR Agent - PW Richter
3901 Dominion Townes Circle
Richmond, Virginia USA 23223
Tel: 804 644 2182
Fax: 804 644 2181
prosage@comcast.net   



LEATT CORPORATION IS AWARDED DEFAULT JUDGEMENT AGAINST INNOVATIVE SAFETY TECHNOLOGY LLC

September 13, 2010

CAPE TOWN, SA: Leatt Corporation, a Nevada corporation (Symbol: LEAT.PK) (Company), and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the neck, today announced that they have been awarded a Default Judgment and a damages award of USD $200 000.00 against Innovative Safety Technology LLC, a California limited liability company, (IST). The Company filed a complaint in the United States District Court for the Southern District of California, U.S.A. (“Court”) against IST and other parties on June 16, 2009, which complaint alleged: misappropriation of trade secrets; unfair competition; and tortious interference and sought enforcement of a foreign arbitration award with regard to the neck brace called the “DefNder”. The Court awarded a money judgment for $200,000 and enjoined IST “from any further misappropriation, use, disclosure, manufacture, importation, marketing, sales, or offers for sale of products containing Leatt’s trade secrets for a period of two years after entry of this default judgment.”

“We are thrilled with the outcome and have once again shown our commitment to protecting our Intellectual Property rights worldwide,” said acting Company Chief Executive Officer Sean Macdonald.

Leatt Corporation: Since 2006, we have produced and sold worldwide a line of Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV and other motor vehicles. Our product line is set forth at our sales/product URL: http://www.leatt-brace.com.
This press release is a new product announcement and promotional material.

NOTICE: This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties, and actual results may differ. More information on potential factors and risks that could affect the Company is included from in the Company’s public disclosures at http:www.leatt-corp.com. The Company’s common stock quotes on The Pink OTC Market and said stock is a “penny stock” under SEC rules. As such, any investment in the common stock is highly risky. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, unless applicable laws require otherwise. Neither any URL’s referenced herein nor their contents are incorporated herein or made a part of this press release.


Investor Relations Contact: 

PW RICHTER, Richmond, Virginia, USA
Tel: (804) 644-2182
Fax: (804) 644-2181
prosage@comcast.net  


August 16, 2010
LEATT CORPORATION RELEASES THE AWARD WINNING NEW LEATT-BRACE® DBX IN THE US MARKET

CAPE TOWN, SA: Leatt Corporation, a Nevada corporation (Symbol: LEAT.PK) (Company), and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that the new award winning Leatt-Brace® DBX will be on shelves in US stores soon.
 
“The Leatt-Brace® DBX is a bike specific neck protection system by Leatt® designed to meet the needs of Downhill Mountain bike and BMX riders specifically. It is based on the same technology as the Leatt-Brace® Moto GPX. We are also thrilled that it walked away with the coveted ISPO BrandNew Award in the Protection Category presented at the Munich Bike Expo held in July 2010,” said acting Chief Executive Officer Sean Macdonald.

Leatt Corporation:  Since 2006, we have produced and sold worldwide a line of Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV and other motor vehicles.  Our product line is set forth at our sales/product URL: http://www.leatt-brace.com.  This press release is a new product announcement and promotional material.

NOTICE: This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors; on consumer and business buying decisions with respect to the Company’s products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company’s dependency on the performance of distributors and other resellers of the Company’s products. More information on potential factors that could affect the Company’s financial results is included from time to time in the Company’s public disclosures at http://www.leatt-corp.com. The Company’s common stock quotes on The Pink OTC Market and said stock is a “penny stock” under SEC rules.  As such, any investment in the common stock is highly risky. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, unless applicable laws require otherwise.  Neither any URL’s referenced herein nor their contents are  incorporated herein or made a part of this press release.


Investor Relations Contact: 

PW RICHTER, Richmond, Virginia, USA
Tel: (804) 644-2182
Fax: (804) 644-2181
prosage@comcast.net  


August 13, 2010
LEATT CORPORATION ANNOUNCES UNAUDITED Second QUARTER FY2010 RESULTS

CAPE TOWN, SA: Leatt Corporation, a Nevada corporation (Symbol: LEAT.PK) (Company), and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced unaudited financial results for its fiscal 2010 second quarter ended June 30, 2010. The Company posted revenue of $ 2,859,940 and a net quarterly loss of $ 293,793. These results compare to revenue of $ 3,106,200 and net quarterly loss of $ 394,139 in the year-ago quarter. A summary of financial results is set forth below.

“The worldwide economic recession continues to negatively affect our revenues. We are currently introducing new products into the market in an effort to steer the Company into profits once again. Additionally, we are looking forward to the results of our restructuring activities in the second quarter that will hopefully filter through to the third and fourth fiscal quarter of 2010,” said acting Chief Executive Officer Sean Macdonald.

Leatt Corporation: Since 2006, we have produced and sold a line of Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV and other motor vehicles worldwide. Our product line is set forth at our sales/product URL: http://www.leatt-brace.com.

A financial summary of the Q2 FY2010 results appears below, which summary is qualified in its entirety by reference to the Q2 FY2010 financial results posted on http://www.leatt-corp.com. The summary below is qualified in its entirety by reference to our posted financial statements and footnotes thereto at the aforesaid URL. One should not rely on the following summary as a complete presentation of financial results and condition.

The Summarized Consolidated Statements of Operations (unaudited) for the periods ending June 30, 2010 and 2009 are:

             

 

Three Months Ended June 31       Six Months Ended June 31    
  2010
Unaudited
  2009
Unaudited
  2010
Unaudited
  2009
Unaudited
               
 Revenues $ 2,859,940 $ 3,106,200   $ 5,813,320   $ 7,451,523
 Cost of Revenues 1,072,021 1,322,810   2,223,484   2,699,568
               

 Gross Profit

1,787,919 1,783,390   3,589,836   4,751,955
 Operating Expenses 2,065,209 2,185,654   4,052,716   4,362,648
               
 Income (Loss) from Operations (277,290) (402,266)   (462,880)   389,307
 Other Income (Expense) (16,503) 12,127   (14,845)   27,920
               
 Income (Loss) Before Income Taxes (293,793) (390,139)   (477,725)   417,227
 Income Taxes - 4,000   2,400   308,504
 Net Income / (Loss) Available
 to Common Shareholders
$  (293,793) $  (394,139)   $  (480,125)   $    108,723


NOTICE:
This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include, without limitation, the effect of competitive and economic factors, and the Company’s reaction to those factors; on consumer and business buying decisions with respect to the Company’s products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company’s dependency on the sales performance of distributors and other resellers of the Company’s products. More information on potential factors that could affect the Company’s financial results is included from time to time in the Company’s public disclosures at http:www.leatt-corp.com. The Company’s common stock quotes on The Pink OTC Market and said stock is a “penny stock” under SEC rules. The Company is not an SEC reporting company. As such, any investment in the common stock is highly risky. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, unless applicable laws require otherwise. Neither any URL’s referenced herein nor their contents are incorporated herein or made a part of this press release.

Investor Relations Contact:  PW Richter - IR Agent
Tel: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


Tuesday, July 13, 2010
SEC ends investigation with a recommendation of no action.

Cape Town, South Africa: Leatt Corporation (Company) (Pink OTC Market: LEAT.PK), a Nevada, USA corporation headquartered in Cape Town, South Africa and the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that the Securities and Exchange Commission or "SEC" advised the Company on June 28, 2010, that it has concluded its investigation of the Company and has recommended no enforcement action against the Company. This ends the SEC's investigation of the company in connection with a March 2007 temporary trading halt of trading in the stock of 35 companies, including that of Leatt Corporation.

"We are pleased that this matter is closed. The company was not involved in any improper promotion of our stock by others," said Company Chief Executive Officer Sean Macdonald.


About Leatt Corporation:
Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to help prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company's operations and research and development of the core products currently take place at Leatt Corporation's offices in Cape Town, South Africa.


Safe Harbor Statement:
Any "forward-looking statements" herein are governed by and protected by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended, and do not necessarily indicate future performance or prospects of the Company or its subsidiaries.


Investor Relations Contact:  PW Richter - IR Agent
Tel: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


Friday, May 14, 2010
LEATT CORPORATION ANNOUNCES FIRST QUARTER FY2010 RESULTS

CAPE TOWN, SA: Leatt Corporation, a Nevada corporation (Symbol: LEAT.PK) (Company), and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced financial results for its fiscal 2010 first quarter ended March 31, 2010. The Company posted revenue of $ 2,953,380 and a net quarterly loss of $ 186,332. These results compare to revenue of $ 4,345,323 and net quarterly profit of $ 502,862 in the year-ago quarter. A summary of financial results is set forth below.

"The worldwide economic recession continues to negatively affect our revenues. We have reacted internally by refocusing our sales, marketing and product development efforts. In addition, we have embarked on a swift restructuring process that we hope will improve efficiency and results." said acting Chief Executive Officer Sean Macdonald.

Leatt Corporation:
Since 2006, we have produced and sold worldwide a line of Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV, Trikes and other motor vehicles. Our product line is set forth at our sales/product URL: http://www.leatt-brace.com. A financial summary of the Q1 FY2010 results appears below, which summary is qualified in its entirety by reference to the Q1 FY2010 financial results posted on http://www.leatt-corp.com.

The summary below is qualified in its entirety by reference to our posted financial statements and footnotes thereto at the aforesaid URL. One should not rely on the following summary as a complete presentation of financial results and condition.

The Summarized Consolidated Statements of Operations (unaudited) for the periods ending March 31, 2010 and 2009 are:

CONSOLIDATED STATEMENT OF OPERATIONS

       

 

Three Moths Ended March 31      
  2010
Unaudited
  2009
Unaudited
 
         
 Revenues  $ 2, 953, 380  $ 4, 345, 323  
 Cost of Revenues 1, 151, 463 1, 376, 758  
         

 Gross Profit

1, 801, 917 2, 968, 565  
 Operating Expenses 1, 987, 507 2, 176, 992  
         
 Income (Loss) from Operations (185, 590) 791, 573  
 Other Income (Expense) 1,658 15, 793  
         
 Income (Loss) Before Income Taxes (183, 932) 807, 366  
 Income Taxes 2, 400 304, 504  
 Net Income / (Loss) Available
 to Common Shareholders
$ (186, 332) $ 502, 862  


NOTICE:
This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors; on consumer and business buying decisions with respect to the Company’s products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company’s dependency on the performance of distributors and other resellers of the Company’s products. More information on potential factors that could affect the Company’s financial results is included from time to time in the Company’s public disclosures at http:www.leatt-corp.com. The Company’s common stock quotes on The Pink OTC Market and said stock is a “penny stock” under SEC rules. As such, any investment in the common stock is highly risky. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, unless applicable laws require otherwise. Neither any URL’s referenced herein nor their contents are incorporated herein or made a part of this press release.


Investor Relations Contact: 

PW Richter, Richmond, Virginia, USA
Tel: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


Thursday, May 13, 2010
LEATT CORPORATION FOUNDER TO FOCUS ON R&D AND STRATEGIC PLANNING - NEW ACTING CEO APPOINTED.

Cape Town, South Africa: Leatt Corporation (Company) (Pink OTC Market: LEAT.PK), a Nevada, USA corporation headquartered in Cape Town, South Africa and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that, as the final part of the current restructuring of its Global operations, Sean Macdonald, Chartered Accountant (SA), the Company's Chief Financial Officer, has been appointed as acting Chief Executive Officer, effective May 6, 2010. Dr. Christopher Leatt, the Company's Founder, Chairman and former Chief Executive Officer, will now focus on strategic planning and product research and development while remaining Chairman of the Board of Directors.

According to Dr. Leatt: "The Board and I have decided that the Company would be better served if I focused on my core strengths; innovative product research and development as well as strategic planning. Mr. Macdonald has proven himself to be an effective and professional executive and I am confident that he will do an excellent job as acting CEO, while also handling his chief financial officer duties with the assistance of a controller. This arrangement streamlines and, I believe, improves the executive management of our company while reducing overhead. Mr. Macdonald will act as the CEO under a 180 day probationary period and then, upon satisfactory completion of that period and assuming a uniquely qualified CEO candidate is not presented to the Board during that period, Mr. Macdonald will be made CEO with a new vice president of finance to handle day-to-day financial management duties. This structure allows each part of the management to focus on their respective strengths and grow the business on its core product competence basis."

Mr. Macdonald said: "I am excited about the opportunity of being involved in growing this company to new heights and I feel confident that we have only just started to untap our current and future product market possibilities. I have been developing, over the last few years, to become a career CEO and I am excited to now move into this role."

Mr. Macdonald's experience includes full financial and operational control, along with the implementation of complete reporting information system for key decision-making. He has held key financial and managerial positions at CycleLab, Investec Asset Management, Joel Herman Property Group, USABCO and KPMG. Sean is a Graduate of the University of Cape Town with a double major in finance and information systems and is a chartered accountant.

About The Leatt Corporation:
The Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The Company has its product development group located in Cape Town, South Africa. Product information is at http://www.leatt-brace.com. URL's referenced herein and their contents are not part of this press release.

FORWARD LOOKING STATEMENTS:
This press release may contain forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, as amended. Such statements include words like "expect," "should," "anticipate," "may," "hope," "believe," "seek," "project," and variants thereof. These statements involve risks and uncertainties, and actual results may differ significantly from those indicated by any forward-looking statement.


Investor Relations. Please Contact: 
Paul W. Richter
Tel: 804 644 2182
Email: prosage@comcast.net


Monday, May 3, 2010
LEATT RESTRUCTURES SOUTH AFRICAN BRANCH OFFICE TO IMPROVE EFFICIENCY AND PROFIT.

CAPE TOWN, South Africa - Leatt Corporation (Pink OTC Market: LEAT.pk), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), announced today that Leatt Corporation has restructured it’s operations to improve the Corporation’s performance and improve profitability.

Dr. Leatt, the Chief Executive Officer of Leatt Corporation said; “After a thorough evaluation of our business and the current market conditions, we have made the difficult decisions required to reposition the company for future growth and profitability. This has involved reducing the number of staff, including one executive operations position, not involved in core product competencies. We plan to outsource non-core activities moving forwards. The duties of the former employees will be or has been transitioned to other employees or agents of the Company. This will hopefully reduce redundancy and overheads. The goal of this process is to refocus on our core competencies and unique position in the market place. This strategic restructuring should reduce our financial losses and allow for sustained growth.”


About the Leatt Corporation:
The Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The Company is located in Cape Town, South Africa with offices in the U.S. Visit our Company web site at www.leatt-corp.com.

For more information on the Leatt-Brace®, please visit the company website at www.leatt-brace.com. Any URL, web site or portion thereof referenced herein is not a part of this press release.


Legal Notice Regarding Forward-Looking Statements:
This press release may contain forward-looking statements covered by the Private Securities Litigation Reform Act of 1995 (15 U.S.C. §78j), which are based on the Company's current expectations, forecasts and assumptions. In some cases forward-looking statements may be identified by forward-looking words like "promote," "will," “hopefully,” “should,” "improve," or similar words. Forward-looking statements involve risks and uncertainties which could cause actual outcomes and results to differ materially from the Company's expectations, forecasts and assumptions. These risks and uncertainties include risks and uncertainties not under the control of the Company, including, without limitation, the current economic climate, market acceptance of our products, the risks of regulatory scrutiny and investigations, vulnerability of the Company and its products to domestic and international competitors with considerably greater resources than the Company and possible inability to establish market share against competing products in many markets, actions of our competitors, the level of demand and market acceptance of our products, and changes in our business strategies. The Company’s common stock is quoted on The Pink OTC Market and the Company is a “penny stock company” (as defined under the rules of the Securities Exchange Act of 1934, as amended). The Company is not a reporting company under the U.S. federal securities laws. As such, there are additional, substantial risks associated with the Company and its securities. Such risks include limited liquidity of the Company’s common stock, such stock’s susceptibility to trading pressure and limitations on ability of broker-dealers to trade or recommend such stock.


Investor Relations. Please Contact: 
Paul W. Richter
Tel: 804 644 2182
Email: prosage@comcast.net


Wednesday, March 31, 2010
LEATT CORPORATION ANNOUNCES AUDITED FINANCIAL RESULTS FOR FY2009

CAPE TOWN, SA: Leatt Corporation, a Nevada corporation and the exclusive distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), (Symbol: LEAT.PK) (Company), today announced audited financial results for its fiscal year ended December 31, 2009. The Company posted revenues of $13,743,107 and a net loss of $129,569 for fiscal 2009. These results compare to revenues of $18,778,412 and net profit of $1,967,486 in fiscal 2008. Gross margin was increased to 66% in 2009, compared to gross margin of 64% in 2008.

The Company sold 79,157 braces in the fiscal year 2009 with the U.S. accounting for 46% of sales revenues and International sales accounting for 54% of sales revenues. This represents a 42% decline in unit sales in the U.S. and a 15% decline in unit sales in the International market when compared to the 2008 fiscal year.

"The declining world economy continues to dampen our sales. Our motorsport industry has in general experienced a sustained downturn in consumer demand in the past year. In light of industry trends and the depth of the current worldwide recession, our net loss for FY2009 was, in our opinion, modest. Nonetheless, our goal in 2010 is to grow our business by increasing our targeted marketing and sales effort. With this in mind, we have added experienced sales managers in Europe and the USA in an effort to return to annual profitability. Our new sales managers are currently expanding our distribution network into new geographic markets. Our direct sales efforts should give us more distributor and dealer visibility," said Chief Executive Officer Dr. Chris Leatt. "Adding to our protective-product line and introducing a new line for bicycle riders in 2010 should hopefully give our dealers more revenue potential," added Dr. Leatt.

The Report of Independent Registered Public Accounting Firm, Fitzgerald & Co. CPAs, P.C., and the Leatt Corporation Consolidated Financial Statements for the Years Ended December 31, 2009 and 2008 are posted on http://www.leatt-corp.com.

Leatt Corporation: The Company produces and sells the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck).

The Summarized Consolidated Statements of Operations (audited) for the years ended December 31, 2008 and 2009 are:

CONSOLIDATED STATEMENT OF OPERATIONS

       

 

Years ended December 31      
  2009
Audited
  2008
Audited
 
         
 Revenues  $ 13, 743, 107  $ 18, 778, 412  
 Cost of Revenues 4, 622, 532 6, 782, 762  
         

 Gross Profit

9, 120, 575 11, 995, 650  
 Operating Expenses 9, 225, 222 8, 975, 516  
         
 Income (Loss) from Operations (104, 647) 3, 020, 134  
 Other Income (Expense) 47,074 (211, 312)  
         
 Income (Loss) Before Income Taxes (57, 573) 2, 808, 822  
 Income Taxes 71, 996 781, 919  
 Foreign Currency Remeasurement ---  (59, 417)  
       
 Net Income / (Loss) Available
 to Common Shareholders
$ (129, 569) $ 1, 967, 486  


NOTICE:
Investors should read the entire financial report with footnotes and current risk factor section – all as posted on our website at http://www.leatt-corp.com. The above summary should not be relied upon in making any investment decisions and it is qualified in its entirety by reference to the complete financial report and footnotes for the fiscal year ended December 31, 2009, on said website. Nothing contained herein constitutes investment advice with respect to any securities.


FORWARD LOOKING STATEMENTS:
This press release may contain forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, as amended. Such statements include words like "expect," "should," "anticipate," "may," "hope," "seek," "project," and variants thereof. These statements involve risks and uncertainties, and actual results may differ significantly from those indicated by any forward looking statement. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company's reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company's dependency on the performance of distributors and other resellers of the Company's products. The fact that the Company may commence new marketing or sales campaigns or launch new product lines does not necessarily result in improved financial results. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public disclosures at http://www.leatt-corp.com. The Company's common stock quotes on the Pink OTC Market and said stock is a "penny stock" under SEC rules. We are not an SEC reporting company. As such, any investment in the common stock is highly risky. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. URL's referenced herein are not incorporated herein or made a part of this press release.


Investor Relations Contact: 
PW Richter
Tel: 804 644 2182
Email: prosage@comcast.net


Monday, March 15, 2010
Leatt Corporation expands sales force and effort

Cape Town, SA: Leatt Corporation, a Nevada corporation with its Common Stock quoted on The Pink OTC Market (Symbol: Leat.pk) and the maker of the Leatt-Brace®, a Neck Brace designed to help prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck), announced today the expansion of its sales effort for the Leatt-Brace®.

The Company is working with Scorpion Sports, Inc., a well established, powersports manufacturer and distribution organization. Scorpion Sports has opened its nationwide, dealer-direct sales force to promoting the Leatt-Brace® in the United States. This expansion of the U.S. sales representatives follows the appointment of Phil Davy as the General Manager in the U.S. The Company believes that these enhancements will improve the effectiveness and scope of its marketing and sales effort in the U.S., a major market for Company products.

In addition, The Company has also engaged Erik Olsson as General Manager for Europe. Mr. Olsson is a seasoned executive in the powersports product distribution business and is located in Europe. Mr. Olsson's first priority is to expand the distribution network and increase the number of dealers which will stock the Leatt-Brace® and other new products planned for 2010. Mr. Olsson will work closely with Leatt Corp’s European Athlete and Race Support Manager, Lenny Karsmakers. "Expect to see enhanced distributor training, education and market support from this dynamic team, across all of Europe." said Leatt Corporation CEO Dr. Chris Leatt.

The Company is also working with an experienced U.S. Federal Government contract administrator to develop a distributor to market and sell to the U.S. Government. The Company is in the early stages of planning and development to position itself to pursue this new market.


About Leatt Corporation:
Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to help prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company's operations and research and development of the core products currently take place at Leatt Corporation's offices in Cape Town, South Africa.


Safe Harbor Statement:
Any "forward-looking statements" herein are governed by and protected by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended, and do not necessarily indicate future performance or prospects of the Company or its subsidiaries. The increase in sales and marketing will not necessarily translate into increased sales or profits, especially under current worldwide economic conditions and the downturn in power sports industry in general. Nothing contained herein is trading advice or an offer to sell or a solicitation of an offer to buy any securities.


IR-Press Contact: 
PW Richter - IR Agent
Tel: 804.644.2182
Fax: 804.644.2181
Email: prosage@comcast.net


Thursday, december 10, 2009
Leatt Corporation gets arbitration award

Cape Town, South Africa: Leatt Corporation, a Nevada corporation (PINK SHEET Symbol: LEAT.PK)("Company" or "our"), announced today that it received an Arbitration Award in South Africa which granted Leatt Corporation's request for a permanent restraining order against Karl Ebel and Grant Nelson former employees of Leatt Corporation, as well as one other ("Defendants"), which order permanently restrains them from disclosure of proprietary information about and any commercial exploitation of our Neck Brace intellectual property. The Company is seeking enforcement of the arbitration order in the U.S. against the Defendants.
The permanent restraining Arbitration Award was granted on December 4, 2009. Leatt Corporation alleged that the Defendants were selling a neck brace (through a California company, Innovative Safety Technology LLC) that is based on and violates Leatt Corporation's intellectual property rights, that neck brace is sold under the name "DefNder".

Dr. Chris Leatt, CEO of the Company said; "We believe in protecting our Intellectual Property and confidential information vigorously. We are thrilled with the outcome of the Arbitration Award and look forward to receiving a final Court Order." Mr. Grant Leigh Nelson is an engineer that joined Leatt Corporation after it had developed the Leatt-Brace® Moto GPX and Mr. Karl Peter Ebel was Head of Marketing at Leatt Corporation.


About Leatt Corporation:
Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to help prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company's operations and research and development of the core products currently take place at Leatt Corporation's offices in Cape Town, South Africa.


Safe Harbor Statement:
Any "forward-looking statements" herein are governed by and protected by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended, and do not necessarily indicate future performance or prospects of the Company or its subsidiaries.


Investor Relations Contact: 
PW Richter
Tel: 804 644 2182
Email: prosage@comcast.net


Friday, November 13, 2009
LEATT CORPORATION ANNOUNCES THIRD QUARTER FY2009 RESULTS.

CAPE TOWN, SA: Leatt Corporation, a Nevada corporation and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), (Symbol: LEAT.PK) (Company), today announced financial results for its fiscal 2009 third quarter ended September 30, 2009. The Company posted revenue of $ 3,044,940 and a net quarterly loss of $ 369,714. These results compare to revenue of $ 3,760,856 and net quarterly profit of $ 361,339, in the year-ago quarter. Gross margin was 64%, up from 58% in the year-ago quarter.

“The troubled world economy continues to dampen sales, but we are adjusting by increasing our marketing and sales efforts, as well as seeking new geographic markets,” said Chief Executive Officer Dr. Chris Leatt. “We are also seeking to increase market awareness and penetration in the U.S. recreational rider segment through an aggressive public relations campaign and marketing effort. This effort includes a campaign for enhanced media coverage of our product as well as traditional targeted marketing efforts,” added Dr. Leatt.

The Company sold 18,635 braces in the third quarter of 2009 with the U.S. accounting for 34% of sales revenues and International sales accounting for 66% of sales revenues. This represents a 41% decline in U.S. sales and a 0.4% increase in International sales when compared to the year-ago-quarter.

A financial summary of the Q3 FY2009 results appears below, which summary is qualified in its entirety by reference to the Q3 FY2009 financial results posted on http://www.leatt-corp.com.

Leatt Corporation: The Company produces and sells the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck).

The Summarized Consolidated Statements of Operations (unaudited) for the period ending September 30, 2009 are:

CONSOLIDATED STATEMENT OF OPERATIONS

             

 

Three Months Ended   SNine Months Ended

 

September 30, 2009   September 30, 2009
  2009   2008   2009   2008
  Unaudited   Unaudited   Unaudited   Unaudited
               
 Revenues  $ 3,044,940  $ 3,760,856  $ 10,496,463  $15,000,008
 Cost of Revenues 1,083,357 1,590,842 3,782,925 5,187,371
               

 Gross Profit

1,961,583 2,170,014 6,713,538 9,812,637
 Operating Expenses 2,647,457 1,799,168 7,010,105 6,435,186
               
 Income / (Loss) from Operations (685,874) 370,846 (296,567) 3,377,451
 Other Income (Expense) 7,656 2,091 35,576 (211,610)
               
 Income / (Loss) Before Income Taxes (678,218) 372,937 (260,991) 3,165,841
 Income Taxes 308,504 (11,598) - (721,098)
               
 Net Income / (Loss) Available
 to Common Shareholders
(369,714) 361,339 (260,991) 2,444,743


NOTICE:
This press release may contain forward-looking statements. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company’s dependency on the performance of distributors and other resellers of the Company’s products. More information on potential factors that could affect the Company’s financial results is included from time to time in the Company’s public disclosures at http://www.leatt-corp.com. The Company’s common stock quotes on The Pink Sheets, LLC and said stock is a “penny stock” under SEC rules. As such, any investment in the common stock is highly risky. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. URL’s referenced herein are not incorporated herein or made a part of this press release.

Investor Relations Contact: 
PW Richter
Tel: 804 644 2182
Email: prosage@comcast.net


wednesday, November 04, 2009
LEATT CORPORATION WINS 2009 PRODUCT INNOVATION AWARD FROM FREERIDE MAGAZINE.
NEW MARKETING AND SALES INITIATIVES BY LEATT CORP. ANNOUNCE PHIL DAVY AS U.S. GENERAL MANAGER.

Cape Town, South Africa: Leatt Corporation, a Nevada corporation, (LEAT.PK) (“Company”) announced today the following developments: the Company won a Freeride Magazine 2009 Eurobike Product Innovation Award; retained Roepke Public Relations to increase coverage of the Company and its products on the Internet, in print publications, and with media coverage in North America; and hired Phil Davy as our new U.S. general manager.

The Freeride award was presented to the Company at The Eurobike 2009 Show. “Freeride Magazine is a leading power sport publication and the receipt of a Freeride Eurobike 2009 Product Innovation Award is merely further testimony to our product’s premier position in the worldwide motor sport neck safety device industry,” said Leatt Corporation CEO Dr. Chris Leatt.

The Company has added new marketing initiatives by hiring Roepke Public Relations (www.roepkepr.com), a firm that provides high quality and strategic public relations and media relations. Roepke Public Relations has extensive understanding of the media landscape along with excellent editorial relationships.

The Company is also pleased to announce the hiring of Phil Davy as our new general manager, to head up Leatt Corporation’s U.S. distribution company. Phil’s duties include the marketing and sales of all Leatt products, establishment of dealer direct sales for the U.S. powersports industry and setting up distributors in the bicycle industry. Phil comes to Leatt with 33 years experience in the powersports industry and specifically protective gear for riders.

Dr. Leatt added “We welcome Phil to our growing professional staff and look forward to working with him and our new marketing firm to increase Leatt® brand awareness in North America. Our engagement of Roepke Public Relations and the addition of Phil Davy is part of a new marketing and sales campaign emphasis that started in 2009 and will continue into 2010.”

About The Leatt Corporation:
The Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to help prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The Company is located in Cape Town, South Africa with offices in the U.S. Visit our Company web site at www.leatt-corp.com. For more information on the Leatt-Brace®, please visit the company website at www.leatt-brace.com. Any URL, web site or portion thereof referenced herein is not a part of this press release.


Safe Harbor Statement:
This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the Company's ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company, including 2009 marketing and sales efforts and the projected growth in demand for motorcycles; any statement about the market potential of any new products, and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," “should,” “could,” "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Historical success of any product does not mean that such products or new products will enjoy success in the market place. The Company faces stiff competition from global competitors and some of these competitors have far greater resources than the Company’s resources. We may be unable to compete worldwide or in any specific market against such competition. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.



Investor Relations Contact: 
PW Richter
Tel: 804 644 2182
Email: prosage@comcast.net


Wednesday, OCTOBER 28, 2009
Leatt joins up with a new partner in Brazil. Brazilian company Steel Joint undertakes to cease the production and sale of neck braces

CAPE TOWN, South Africa - Leatt Corporation (Pink Sheets: LEAT.pk), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), announced today that  Leatt and Steel Joint  have reached a settlement of their dispute over the alleged infringement by Steel Joint of Leatt Corporation’s intellectual property rights. Separately,  Leatt Corporation has also appointed Silva Mattos and CIA LTDA as the new Brazilian distributor of the Leatt-Brace®.

The settlement is over the alleged infringement by the Steel Joint Neck Brace of Leatt’s rights in the Leatt-Brace Moto GPX. Under the terms of settlement, Steel Joint has stopped selling its Neck Brace product internationally and will pay an undisclosed settlement sum to Leatt. 

Leatt has appointed Silva Mattos & CIA LTDA as their new distributor in Brazil. Silva Mattos & CIA LTDA, which was established in 1986,  is a family business  and a market leader in Brazil of motorcycle gear. Their website can be seen at www.silvamattos.com.br.

Dr. Leatt, the Chief Executive Officer of Leatt Corporation, said that he was very pleased by the outcome, “Leatt is entering the Brazilian Market vigorously with a new prestigious partner and a settlement agreement with a now former competitor. This will hopefully promote Leatt’s market presence in Brazil.”

About The Leatt Corporation: The Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The Company is located in Cape Town, South Africa with offices in the U.S. Visit our Company web site at www.leatt-corp.com.
 
For more information on the Leatt-Brace®, please visit the company website at www.leatt-brace.com. Any URL, web site or portion thereof referenced herein is not a part of this press release.

Legal Notice Regarding Forward-Looking Statements: This press release may contain forward-looking statements covered by the Private Securities Litigation Reform Act of 1995 (15 U.S.C. §78j), which are based on the Company's current expectations, forecasts and assumptions. In some cases forward-looking statements may be identified by forward-looking words like "shall," "will," “hopefully,” “promote” or similar words. Forward-looking statements involve risks and uncertainties which could cause actual outcomes and results to differ materially from the Company's expectations, forecasts and assumptions. These risks and uncertainties include risks and uncertainties not under the control of the Company, including, without limitation, the current economic climate, market acceptance of our products, the risks of regulatory scrutiny and investigations,  vulnerability of the Company and its products to domestic and international competitors with considerably greater resources than the Company and possible inability to establish market share against competing products in many markets, actions of our competitors, the level of demand and market acceptance of our products, and changes in our business strategies. The Company’s common stock is quoted on The Pink Sheets, LLC system and the Company is a “penny stock company” (as defined under the rules of the Securities Exchange Act of 1934, as amended).  The Company is not a reporting company under the U.S. federal securities laws. As such, there are additional, substantial risks associated with the Company and its securities. Such risks include limited liquidity of the Company’s common stock, such stock’s susceptibility to trading pressure and limitations on ability of broker-dealers to trade or recommend such stock.

Investor Relations Contact: 
PW Richter
Tel: 804 644 2182
Email: prosage@comcast.net


Wednesday, SEPTEMBER 30, 2009
2009 annual shareholder meeting

1. Meeting Agenda: view
2. Meeting Summary: view
3. Shareholder Presentation: view
4. Shareholder Proxy Statement: view


MONDAY, AUGUST 17, 2009
LEATT CORPORATION ANNOUNCES FINANCIAL RESULTS FOR QUARTER ENDING JUNE 30, 2009

VALENCIA, CA: Leatt Corporation, a Nevada corporation (Pink Sheet: Leat. pk) (Company) announced its unaudited financial results for the quarter ending June 30, 2009 (Q2-09). Gross revenues for Q2-09 were $3,106,200, compared to $5,243,113 for fiscal quarter ending June 30, 2008 (Q2-08); Cost of Revenues was $1,322,810, compared to $1,677,796 for Q2-08; and Net Loss was ($390,138), compared to Net Income of $775,017 for Q2-08. The Company has intensified its marketing and sales efforts in response to reduced sales and has a new product line introduction scheduled for 2010.

"We have become more aggressive in marketing and sales in response to the slow down in sales and our new product line will hopefully increase sales in 2010 which will optimistically be complemented by a more robust worldwide economy," said Dr Christopher Leatt, the Company's Chief Executive Officer.

The complete financial report for Q2-09 is posted on the Company’s Website at http://www.leatt-corp.com.

About The Leatt Corporation:
About Leatt: The Leatt Corporation is the exclusive global distributor of the Leatt-Brace® Prophylactic Neck Brace designed to prevent potentially devastating motor sport injuries to the cervical spine (neck). The inventor of the brace, Dr. Chris Leatt, is the Chief Executive Officer and Founder of the Leatt Corporation and is responsible for executing the company’s global strategy. Dr. Leatt is a qualified medical doctor with experience in trauma and neurosurgery. For more information on the Company and its products, please visit the company website at www.leatt-brace.com. The contents of any referenced Web Site or links therein are expressly not incorporated into this press release.

The Consolidated Statements of Operations (unaudited) for the period ending June 30, 2009 are: .

LEATT CORPORATION CONSOLIDATED STATEMENT OF OPERATIONS

             

 

Three Months Ended   Six Months Ended

 

June 30   June 30
  2009   2008   2009   2008
  Unaudited   Unaudited   Unaudited   Unaudited
               
 Revenues   3 106 200    $ 5 243 113    $ 7 451 523    $ 11 239 152
               

 Cost of Revenues

1 322 810   1 677 796   2 699 568   3 596 529
               

 Gross Profit

1 783 390   3 565 317   4 751 955   7 642 623
               

 Operating Expenses

             
 Salaries and wages 830 903   603 019   1 733 241   1 193 642

   Commissions and
   consulting expenses

103 892   164 665   218 473   366 107

   Professional fees

215 314   390 629   621 642   868 936

   Advertising and marketing

454 711   692 224   739 196   1 108 145

   Office rent and expenses

57 817   43 139   112 609   86 097

   Research and development
   costs

23 515   33 569   41 838   49 106

   General and administrative
   expenses

387 184   332 468   670 739   767 001

   Depreciation

112 318   103 680   224 910   196 984

       Total operating expenses

2 185 654   2 363 393   4 362 648   4 636 018
               

 Income/(Loss) from Operations

(402 264)   1 201 924   389 307   3 006 605
               
 Other Income (Expense)              
 Fair value adjustment relating
   to obligation to issue preferred
   and common shares

-   (132 370)   -   (264 739)

   Interest and other income, net

12 126   5 963   27 920   51 038
 Total other income (expense) 12 126   (126 407)   27 920   (213 701)
               

 Income/(Loss) Before
 Income Taxes

(390 138)   1 075 517   417 227   2 792 904
               

 Income Taxes

-   300 500   308 504   709 500
               

 Net Income/(Loss) Available
 to Common Shareholders

$ (390 138)   $ 775 017   $ 108 723   $ 2 083 404

NOTICE:
Statements in this press release that relate to future results and events (including statements about our future financial and operating performance) are forward-looking statements based on our current expectations. Actual results and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of a number of risks, uncertainties and other factors, including: weakening global economic conditions and instability in financial markets; our ability to establish an advantage over competitors; our ability to generate substantial U.S. and non-U.S. net revenue; our ability to accurately predict product, customer and geographic sales mix and seasonal sales trends; production delays or failures; our ability to effectively manage periodic product transitions; disruptions in component availability; our reliance dealers and contract manufacturers; our ability to access the capital markets; risks relating to our internal controls; unfavorable results of legal proceedings; our ability to properly manage the distribution of our products; the success of any cost-cutting measures; our ability to attract, retain and motivate key personnel; and the effect of armed hostilities, terrorism, natural disasters and public health issues. For a discussion of those and other factors affecting our business and prospects, see our website at http://www.leatt-corp.com. We assume no obligation to update forward-looking statements.

Investor Relations Contact: 
PW Richter
Tel: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


Wednesday, AUGUST 12, 2009
Leatt Corporation common stock commences Quotation on the pink sheets.

ARLINGTON, VIRGINIA: Leatt Corporation, a Nevada corporation (OTC: LEAT) (the "Company" or "Leatt") announced today that its Common Stock has commenced quotation on the Pink Sheets. The Company's Common Stock is being quoted under the symbol "LEAT."

Christopher Leatt, the Company's Chief Executive Officer, said "We are pleased to attain quotation for the Common Stock on The Pink Sheets and we are also are very pleased to have an established and prestigious firm, Ladenburg Thalmann & Co., Inc., acting as our market maker. The quotation of our Common Stock is an important step in our efforts to make the Company a full-fledged public company. While we have several additional steps to achieve to reach that goal, we believe that this step will increase the liquidity of our Common Stock in the marketplace."

About The Leatt Corporation:
Leatt Corporation designs and markets personal protective equipment for all forms of motor sports, based on the Leatt-Brace® system, a patented neck protection system for all helmeted sports. Leatt currently designs and markets the patented Moto-GPX Brace, for use by riders of motorcycles, ATVs, and other sports vehicles requiring the torso to remain unrestrained, and the patented Moto-R Brace, for use by drivers of motor vehicles and racing cars in general, where the torso is required to be restrained. Through its product development group located in Cape Town, South Africa, the Company is also developing other personal protective equipment and products and expects to obtain other patents for these future products. Its products are sold to customers worldwide through a global network of distributors and retailers. For more information on the Leatt-Brace®, please visit the Company website at www.leatt-brace.com.

About Ladenburg:
Ladenburg Thalmann Financial Services, included in the Russell 2000® and Russell 3000® indices, is engaged in investment banking, equity research, institutional sales and trading, independent brokerage and advisory services and asset management services through its principal subsidiaries, Ladenburg Thalmann & Co. Inc., Investacorp, Inc. and Triad Advisors, Inc. Founded in 1876 and a New York Stock Exchange member since 1879, Ladenburg Thalmann & Co. is a full service investment banking and brokerage firm providing services principally for middle market and emerging growth companies and high net worth individuals. Investacorp, Inc., a leading independent broker-dealer headquartered in Miami Lakes, Florida, has been serving the independent registered representative community since 1978 and has approximately 500 independent financial advisors nationwide. Founded in 1998, Triad Advisors, Inc. is a leading independent broker-dealer and registered investment advisor headquartered in Norcross, Georgia that offers a broad menu of products, services and total wealth management solutions to approximately 400 independent financial advisors nationwide. Ladenburg Thalmann Financial Services is based in Miami, Florida. Ladenburg Thalmann & Co. is based in New York City, with regional offices in Miami and Boca Raton, Florida; Melville, New York; Lincolnshire, Illinois; Los Angeles, California; and Princeton, New Jersey. For more information, please visit www.ladenburg.com.

Safe Harbor Statement:
This press release may contain forward-looking statements covered by the Private Securities Litigation Reform Act of 1995 (15 U.S.C. §78j), relating to the business of Leatt Corporation, and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding the significance of the quotation of the Company's Common Stock on the Pink Sheets and its impact on the liquidity or appreciation in value of the Company's Common Stock; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. In some cases forward-looking statements may be identified by forward-looking words like "would," "intend," "hope," "will," "may," "should," "expect," "anticipate," "believe," "estimate," "predict," "continue," or similar words. Forward-looking statements involve risks and uncertainties, which could cause actual outcomes and results to differ materially from the Company's expectations, forecasts and assumptions. These risks and uncertainties include risks and uncertainties not under the control of the Company, including, without limitation, the current economic climate, market acceptance of our products, which we regard as novel, the start-up nature of our business, the uncertainty of duplicating in future periods the results achieved in our first full years of sales, the risks of regulatory scrutiny and investigations, the limited resources of the Company and resulting vulnerability of the Company and its products to domestic and international competitors with considerably greater resources than the Company and possible inability to establish market share against competing products in many markets, current limited distribution channels for the Company’s products, actions of our competitors, the limited cash reserves of the Company and the possible, resulting reliance on the sale of Company securities to finance operations, the extent to which affects our ability to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our products, and changes in our business strategies

Investor Relations Contact:  PW Richter
Tel: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


MONDAY, AUGUST 10, 2009
Leatt Corporation opens branch in New Zealand.

CAPE TOWN, SOUTH AFRICA – August 10, 2009 -- Leatt Corporation (OTC:LEAT.PK), a Nevada corporation, the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), announced today that it is establishing a New Zealand operation for direct distribution subsidiary in the New Zealand market.

A New Zealand company has been registered in the name of "Leatt New Zealand Limited" and as a wholly owned subsidiary of the Company. This operation will be headed up by Mr. Paris Youroukelis, a current Company sales executive. Paris is anticipating being operational in New Zealand this month and will initially operate from the Auckland area.

Dr. Chris Leatt inventor of the Leatt-Brace® and Chief Executive Officer of Leatt Corporation stated, "In today's challenging marketplace, businesses have to pursue opportunities and markets on a global basis. We are no exception to this phenomenon and we believe that direct involvement in the New Zealand market will have a more positive effect for all, from dealers to consumers who are seeking premium protective equipment and support services for their extreme sport pursuits."

Please address all trade enquiries to Paris Youroukelis as follows:
Email: Paris@leatt-brace.com
Skype: Paris.Youroukelis
Office Tel: 09 416 8300
Office Fax: 09 4168302
Mobile: 021 806662

About The Leatt Corporation:
Leatt Corporation engages in the design and development of cervical spine protection equipment for various forms of motor sports. The Company offers Leatt-Brace®, a neck brace to helps prevent or lessen the severity of motor sport injuries to the neck. It sells its products through Internet and sales representatives worldwide.

Safe Harbor Statement:
This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the Company's ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Press Contact: 
PW Richter
Tel: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


FRIDAY, AUGUST 7, 2009
Leatt Corporation projects decrease in gross sales for fiscal quarter ending June 30, 2009.

Valencia, CA: Leatt Corporation, a Nevada corporation (OTC: LEAT) (Company), announced today that its sales in quarter two will be lower than expected due to production delay in the factory of approximately 7 850 braces.

A major factor in the decreased gross sales was the aforesaid temporary, now remedied, technical issue with the production process of the neck braces in our outsourced factories.

Dr. Chris Leatt, CEO of the Company said; "We take the manufacturing processes of our brace products very seriously, in order to produce the finest neck brace products possible. The revision of production process is intended to enhance our overall delivery of quality products. The delay in the neck brace orders has been rectified and we are confident the new production process will further enhance our ability to deliver quality products in the future. While this order would have greatly improved our quarterly results if shipped before June 30, 2009, we expect to recoup these revenues next quarter." Further production delays are not envisaged.

Dr. Leatt also said; "We are still experiencing a worldwide recession but we are increasing our sales efforts at the dealer level to capture more sales at the initial sales point as well as expanding our marketing campaigns to increase the public visibility of our products in the U.S., Europe and 'Rest of World.' This effort will also dovetail with our planned introduction of new products scheduled for early 2010."


About the Leatt Corporation:
Leatt Corporation engages in the design and development of cervical spine protection equipment for various forms of motor sports. The Company offers Leatt-Brace®, a neck brace to help prevent or lessen the severity of motor sport injuries to the neck. It sells its products through Internet and sales representatives worldwide..


Safe Harbour Statements:
This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the Company's ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes" "anticipates," "should," "expects," or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.


Investor Relations Contact: 
Paul Richter
Telephone: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


Wednesday, July 22, 2009
LEATT CORPORATION ANNOUNCES 2009 ANNUAL SHAREHOLDER MEETING.

Cape Town, South Africa: Leatt Corporation (OTC: LEAT) (the “Company”) announced today the scheduling its 2009 Annual Meeting of the holders of the Common Stock, $0.001 par value per share, (“Common Stock”). The Annual Meeting (“Meeting”) will be held on September 1, 2009, at 10:00 am, Washington, D.C., USA time, at the Law offices of Pillsbury Winthrop Shaw Pittman LLP, 2300 N Street, N.W., Washington, DC 20037-1122; Tel: 202-663-8000. The Meeting will be held simultaneously at 4:00 pm, Cape Town, South African time, at our South African offices, 50 Kiepersol Crescent, Atlas Gardens, Durbanville 7550. The Meeting will use a video conference bridge between the two meeting facilities.

Shareholders of record as of July 16, 2009 have the right to notice of and to vote at the Meeting. The Shareholders will be asked to vote for, against or abstain on the following proposals:

  1. Elect Christopher Leatt, Jeffrey Guzy and Ria van der Merwe as directors for a one year term – each being a current director; and
  2. Ratify Fitzgerald & Co. CPAs, P.C. as auditors for fiscal years 2009 and 2008.
Shareholders may view a complete notice and proxy statement at http://www.leatt-corp.com or request a copy of the notice and proxy statement at no charge by contacting PW Richter at 804 644 2182 or prosage@comcast.net.



About the Leatt Corporation:

About Leatt Corporation: Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to help prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). See the company’s product web site at www.-leatt-brace.com. The company's operations and research and development of the core products currently take place at the Company’s offices in Cape Town, South Africa. See the Company’s corporate web site at www.leatt-corp.com.


Investor Relations Contact: 
Paul Richter
Telephone: (804) 644-2182
Email: prosage@comcast.net


Wednesday, July 1, 2009
Leatt Neck Braces to be featured at 2009 BMW Motorrad

Leatt Corporation, a Nevada corporation (OTC: Leat)("Company") will be exhibiting at the 2009 BMW Motorrad days in Garmisch-Partenkirchen, Germany, from July 3rd through July 5th. We can be found at Tent 31. You can get information and directions about this major BMW Motorrad product expo at www.bmw-motorrad.com/com/en/index.html. Plan to visit with Andreas Geisinger, Leatt’s Head of International Marketing and Product Management, who will be attending this major 3 day event.

The Company will offer free usage of the Leatt-Brace® to the attending public who test rides motorcycles at the expo. Please see our Invitation at http://www.leatt-brace.com/uploads/flyer_motorraddays_eng_x3_s.pdf

Andreas Geisinger, Head of International Marketing and Product Management, said “Our participation in BMW Motorrad days reflects Leatt Corporation’s commitment to our international marketing and sales efforts in 2009 and our ongoing relationship with BMW Motorrad. Our goal is to associate our premium Leatt-Brace® product with other premium, international brands like BMW.”



About the Leatt Corporation:

About Leatt Corporation: Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to help prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). See the company’s product web site at www.-leatt-brace.com. The company's operations and research and development of the core products currently take place at the Company’s offices in Cape Town, South Africa. See the Company’s corporate web site at www.leatt-corp.com.



Safe Harbour Statements:
Safe Harbor Statement: This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the Company's ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company, including 2009 marketing and sales efforts and the projected growth in demand for motorcycles; any statement about the market potential of any new products, and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," "should," "could," "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Historical success of any product does not mean that such products or new products will enjoy success in the market place. The Company faces stiff competition from global competitors and some of these competitors have far greater resources than the Company's resources. We may be unable to compete worldwide or in any specific market against such competition. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.


Investor Relations Contact: 
Paul Richter
Telephone: (804) 644-2182
Email: prosage@comcast.net


Monday, June 8, 2009
Leatt Corporation Announces Profit in First Quarter FY 2009

Cape Town, S.A., June 8, 2009: Leatt Corporation, a Nevada corporation (OTC: LEAT) (Company) today announced unaudited financial results for its fiscal 2009 first quarter ended March 31, 2009. The Company posted net quarterly profit of $502,862 on gross revenues of $4,345,323. These results compare to revenues of $5,996,039 and net quarterly profit of $1,308,388 in the year-ago quarter. Gross average margin on our neck braces was 68.3% compared to 68.0% a year-ago quarter. International sales accounted for 59% of the quarter’s revenues. Financial results are posted on our corporate web site at www.leatt-corp.com. Reported results are unaudited for the First Quarter FY 2009.

Download the full PDF document here


CEO Chris Leatt stated that: "Despite the drop in profitability on a quarter-to-quarter year ago basis, we still made a profit in what we believe is one of the worst financial periods in modern history, with our new marketing efforts to penetrate new market niches in the United States and Europe in 2009. While an improvement in the world economy is essential to any significant improvement of our financial results, we are not waiting for such a turnaround. Instead, we are pursuing an aggressive new market penetration and expansion into new geographic markets. We will keep you posted on our website about our progress in this challenging endeavor."



About the Leatt Corporation:

The Company is the exclusive global maker and distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The Company’s operations and research and development of the core products currently take place at the Company’s offices in Cape Town, South Africa.

For more information on the Leatt-Brace®, please visit the Company website at www.leatt-brace.com. Any web site or any portion thereof referenced herein is not part of this press release.



Safe Harbour Statements:
This press release contains forward-looking statements including without limitation those about the Company’s future financial performance. In some cases forward-looking statements may be identified by forward-looking words like "would," "intend," "hope," "will," "may," "should," "expect," "anticipate," "believe," "estimate," "predict," "continue," or similar words. Forward-looking statements involve risks and uncertainties which could cause actual outcomes and results to differ materially from the Company's expectations, forecasts and assumptions. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new products and technological innovations on a timely basis; the effect that product transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; the potential impact of any finding that the Company has infringed on the intellectual property rights of others; the effect that any product and service quality problems could have on the Company’s sales and operating profits; war, terrorism, public health issues, and other circumstances that could disrupt supply, delivery, or demand of products; the continued service and availability of key executives and employees; possible unfavorable results of other legal proceedings; and the Company’s dependency on the performance of distributors and other resellers of the Company’s products. More information on potential factors that could affect the Company’s financial results is included from time to time in the Company’s public disclosures on its corporate web site: http://www.leatt-corp.com. The Company’s common stock is traded on the Pink Sheet system and the Company is a “penny stock company” as defined under the rules of the Securities Exchange Act of 1934, as amended. As such, there are additional, substantial risks associated with the Company and its securities. Such risks include limited liquidity of the Company’s common stock and limitations on ability of broker-dealers to trade or recommend such stock. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.


Investor Relations Contact: 
PW Richter
Telephone: 703 725 7299
Email: prosage@comcast.net


Tuesday, April 14, 2009
Leatt Corporation Posts Audited Financial Statements For Year Ended December 31, 2008

CAPE TOWN, SOUTH AFRICA – April 14, 2009 -- Leatt Corporation (OTC:LEAT.PK - News), a Nevada USA Corporation headquartered in Cape Town, South Africa, the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), announced today that its audited Consolidated Financial Statements for the year ended December 31, 2008 ("FY 2008") have been posted on the Company's corporate web-site: View Consolidated Financial Statements for the year ended December 31, 2008.

Leatt Corporation and its subsidiaries (“LC” or “Company”) today announced financial results for its fiscal year ending December 31, 2008. LC posted gross revenues of $18,778,412 and a net income of $1,967,486. These results compare to gross revenues of $18,317,382 and net income of $1,984,900 for the fiscal year ended December 31, 2007. Our full financial results for Fiscal Year 2008 are set forth on the Company’s web site and shareholders should review those statements to more fully understand our financial results for Fiscal Year 2008.

Dr. Chris Leatt designer of the Leatt-Brace® and Chief Executive Officer of Leatt Corporation stated, “The Fiscal Year 2008 financial results are encouraging to LC management given the economic slowdown during 2008, as we see a softening of sales of our product as the slowdown widens in the motor sports industry in late 2008 and in 2009. Our goal is to comply with the financial requirements necessary to achieve greater liquidity and exposure for the Company’s common stock.”

About the Leatt Corporation:
Leatt Corporation engages in the design and development of cervical spine protection equipment for various forms of motor sports. The Company offers Leatt-Brace®, a neck brace to prevent or lessen the severity of motor sport injuries to the neck. It sells its products through Internet and sales representatives worldwide. The Company was incorporated in March 2005.

Safe Harbour Statements:
This release may contain certain “forward-looking statements” relating to the business of Leatt Corporation and its subsidiary companies (collectively, the “Company”). All statements, other than statements of historical fact included herein are “forward-looking statements,” including statements regarding: the Company’s ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “seeks,” “intends,” or “projects” or similar expressions, involve known and unknown risks and uncertainties. Historical financial results are not, under current economic conditions, indicative of possible future results. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company’s control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.


Investor Relations Contact: 
PW Richter
Telephone: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


Friday, February 13, 2009
LEATT CORP. EXHIBITOR AT DEALER EXPO 2009 INDUSTRY TRADE SHOW IN INDIANAPOLIS, INDIANA 14th-16th

INDIANAPOLIS, IN: Leatt Corporation, a Nevada corporation (OTC Symbol: LEAT)(“Company” or Leatt Corporation”), will be exhibiting at the Dealer Expo 2009 Trade Show at the Indianapolis Convention Center in Indianapolis, Indiana, from February 14th through 16th. We will be at Booth 3151. You can get information about the trade show and visit the floor plan for the trade show at http://www.dealerexpo.com/dealerexpo/v42/index.cvn.

The Indianapolis Convention Center is located at 100 South Capitol Avenue, Indianapolis, Indiana 46225, Web Site: http://www.indianapolisconventioncenter.net/. The trade show is open to all qualified members of the powersports industry. Andreas Geisinger, our new head of Leatt Marketing and Sales, will also be attending the Dealer Expo 2009 trade show, where he will be meeting with our existing dealer network. Andreas was recently employed by BMW Group, Motorcycle Division, Munich, Germany, where he gained in-depth experience in Marketing, Sales & Product Management in riders gear, motorcycle gear and the motorcycle market. While working with BMW in Germany, he was intensively involved with the development & testing of the Leatt-Brace® and subsequently the marketing of the BMW’s licensed version of the Leatt-Brace®. Please come visit with Andreas at our exhibit, Booth 3151

About the Leatt Corporation:
Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company's operations and research and development of the core products currently take place at Leatt Corporation's offices in Cape Town, South Africa.

Safe Harbour Statements:
This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the Company's ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company, including 2009 marketing and sales efforts and the projected growth in demand for motorcycles; any statement about the market potential of any new products, and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," “should,” “could,” "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Historical success of any product does not mean that such products or new products will enjoy success in the market place. The Company faces stiff competition from global competitors and some of these competitors have far greater resources than the Company’s resources. We may be unable to compete worldwide or in any specific market against such competition. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.


Investor Relations Contact: 
PW Richter
Telephone: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


Monday, February 2, 2009
Leatt V Pro Tork Ligation Settles: Pro Tork halts sale of the Neck Brace Pro

CAPE TOWN, South Africa - Leatt Corporation (Gray Market: LEAT.), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), announced today that Leatt and Pro Tork have reached a settlement of their dispute over the alleged infringement by Pro Tork.

The settlement is over the alleged infringement by the Pro Tork Neck Brace Pro of Leatt’s rights in the Leatt-Brace Moto GPX. Under the terms of settlement, Pro Tork has stopped selling its Neck Brace Pro product internationally and will pay an undisclosed sum to Leatt. Further details of the settlement are not available for public disclosure.

Dr. Leatt, the Chief Executive Officer of Leatt Corporation, said that he was very pleased by the outcome, "Leatt is thrilled about the outcome. We shall not hesitate to take all necessary action to enforce our intellectual property rights which protect the product internationally."

About the Leatt Corporation:
The Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The Company is located in Cape Town, South Africa.

For more information on the Leatt-Brace®, please visit the company website at www.leatt-brace.com. Any web site or portion thereof referenced herein is not a part of this press release.

Legal Notice Regarding Forward-Looking Statements:
This press release may contain forward-looking statements covered by the Private Securities Litigation Reform Act of 1995 (15 U.S.C. §78j), which are based on the Company's current expectations, forecasts and assumptions. In some cases forward-looking statements may be identified by forward-looking words like "shall," "will," or similar words. Forward-looking statements involve risks and uncertainties which could cause actual outcomes and results to differ materially from the Company's expectations, forecasts and assumptions. These risks and uncertainties include risks and uncertainties not under the control of the Company, including, without limitation, the current economic climate, market acceptance of our products, which we regard as novel, the start-up nature of our business, the risks of regulatory scrutiny and investigations, the limited resources of the Company and resulting vulnerability of the Company and its products to domestic and international competitors with considerably greater resources than the Company and possible inability to establish market share against competing products in many markets, current limited distribution channels for the Company’s products, actions of our competitors, the limited cash reserves of the Company and the possible, resulting reliance on the sale of Company securities to finance operations, the extent to which affects our ability to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our products, and changes in our business strategies. The Company’s common stock is traded on the “Gray Market” of the Over-the-Counter market and the Company is a “penny stock company” (as defined under the rules of the Securities Exchange Act of 1934, as amended). The Company is not a reporting company under the federal securities laws and our financial results are no longer posted on The Pink Sheets. As such, there are additional, substantial risks associated with the Company and its securities. Such risks include limited liquidity of the Company’s common stock, susceptibility to trading pressure and limitations on ability of broker-dealers to trade or recommend such stock.


Investor Relations Contact: 
PW Richter
Telephone: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


Friday, January 23, 2009
LEATT® CORPORATION named as one of twelve defendants in 2008 lawsuit filed in Superior Court of the State of California (Los Angeles County)

Valencia, CA --(MARKET WIRE)--Jan 23, 2009 -- Leatt Corporation, a Nevada corporation (Other OTC:LEAT.PK - News)("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.

Investor Relations Contact: 
PW Richter
Telephone: 804 644 2182
Fax: 804 644 2181
Email: prosage@comcast.net


Thursday, December 11, 2008
LEATT® CORPORATION GETS COURT ORDER

Cape Town, South Africa, 11 December 2008: Leatt Corporation, a Nevada corporation (OTC Symbol: LEAT)(“Company” or Leatt Corporation”), announced today that a South African High Court granted Leatt Corporation¹s request for a restraining order against Karl Ebel and Grant Nelson, former employees of Leatt Corporation, which order temporarily restrains them from disclosure of proprietary information about and commercial exploitation of the Leatt Brace ® Moto-R prototype 2.

The injunction was granted on December 5, 2008 and will remain in force until resolution of Leatt Corporation¹s pending legal proceeding against Mr. Ebel, Mr.

Williams and Mr. Nelson in the South African court. Leatt Corporation alleges that the former employees are selling a neck brace (through a California company) that is based on and violates Leatt Corporation¹s intellectual property rights, that neck brace is sold under the name “DefNder”. Leatt Corporation intends to vigorously pursue its claims in this matter.

About Leatt Corporation:
Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company’s operations and research and development of the core products currently take place at Leatt Corporation’s offices in Cape Town, South Africa.

Safe Harbor Statement
This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the Company's ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company, including 2009 marketing and sales efforts and the projected growth in demand for motorcycles; any statement about the market potential of any new products, and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," “should,” “could,” "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Historical success of any product does not mean that such products or new products will enjoy success in the market place. The Company faces stiff competition from global competitors and some of these competitors have far greater resources than the Company’s resources. We may be unable to compete worldwide or in any specific market against such competition. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations Contact: 
Tim Clemensen
Rubenstein Investor Relations
Tel: +1 (212)843.9337
Email: tclemensen@rubensteinir.com.


Wednesday, December 3, 2008
LEATT CORP. EXHIBITOR AT 2008 PERFORMANCE RACING INDUSTRY TRADE SHOW IN ORLANDO, FL, DECEMBER 11th-13th ORLANDO, FL

Leatt Corporation, a Nevada corporation (OTC Symbol: LEAT)(“Company” or Leatt Corporation”), will be exhibiting our Leatt-Brace® Moto-R Automotive Head and Neck Restraint Device at the 2008 Performance Racing Industry (PRI) Trade Show at the Orange County Convention Center, Orlando, Florida, from December 11th through 13th. We will be at Booth 595, South Hall, Level I.

You can get information about the trade show and visit an interactive floor plan for the trade show at http://www.performanceracing.com.

The Orange County Convention Center is located at 9899 International Drive, Orlando, Florida 32819, Telephone: (800) 345-9845, Email: info@occc.net, and Web Site: http://www.occc.net. Please come visit us at this major trade show with over 170 exhibitors in the racing and motorsport industry.

“The PRI trade show is part of our current, aggressive marketing and sales effort. We intend to increase our global distribution channels and markets, worldwide brand recognition and product line diversity in 2009,” said Leatt Corporation President Jeffrey Guzy. 

About Leatt Corporation:
Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company's operations and research and development of the core products currently take place at Leatt Corporation's offices in Cape Town, South Africa.

Safe Harbor Statement
This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the Company's ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company, including 2009 marketing and sales efforts and the projected growth in demand for motorcycles; any statement about the market potential of any new products, and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," “should,” “could,” "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Historical success of any product does not mean that such products or new products will enjoy success in the market place. The Company faces stiff competition from global competitors and some of these competitors have far greater resources than the Company’s resources. We may be unable to compete worldwide or in any specific market against such competition. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations Contact: 
Tim Clemensen
Rubenstein Investor Relations
Tel: +1 (212)843.9337
Email: tclemensen@rubensteinir.com.


Monday, December 1, 2008
Leatt® Corporation Unveils the New ADVenture Brace™

Leatt Corporation (PINK SHEETS: LEAT), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced the introduction of the ADVenture Brace(TM).

This Brace was created for the every-day rider and the cost of the brace has been controlled by having a non-adjustable front and rear member of solid construction. The Leatt ADVenture Brace(TM) uses the same design integrity and biomechanical function of the Moto GPX Braces with less adjustment relating to forward and rearward movement of the helmet.

"We are pleased to introduce the ADVenture Brace(TM) to the motor sports market," said Chris Leatt, CEO of Leatt Corporation. "Due to the unprecedented success of the Leatt-Brace(TM) Moto GPX Club and Sport models in competitive motocross and off road racing, we were determined to establish a more affordable neck protection device for the larger recreational motorcycle markets."

The Leatt ADVenture Brace(TM) retails at or about US$195. For more information on the ADVenture Brace(TM) and other products offered by Leatt Corporation, please visit the company website at www.leatt-corp.com. 


About Leatt Corporation:
Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company’s operations and research and development of the core products currently take place at Leatt Corporation’s offices in Cape Town, South Africa.

Safe Harbor Statement
This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding:; the Company's ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company; any statement about the market potential of any new products, and any other statements of non-historical information.

These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Historical success of any product does not mean that such products or new products will enjoy success in the market place. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements..

Investor Relations Contact: 
Tim Clemensen
Rubenstein Investor Relations
Tel: +1 (212)843.9337
Email: tclemensen@rubensteinir.com.


tuesday, October 28, 2008
Leatt-Brace® Neck Brace System Is Accepted By The National Hot Rod Association

CAPE TOWN, South Africa October 28, 2008, - Leatt Corporation (OTC: LEAT.PK), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that the Company has received notice from the National Hot Rod Association (“NHRA”) that the Leatt-Brace® has been accepted for use in all NHRA classes via it’s SFI 38.1 certification.

“We are extremely excited about this acceptance from the NHRA. This world renowned organization currently has a membership role of 80,000 members and more than 35,000 licensed competitors with one hundred forty member tracks across North America hosting NHRA competitions in NHRA's seven geographic regions,” said Mr. Jeff Guzy, President of the Company. “The acceptance of our product line by the NHRA elevates us even higher into a community of racers that will benefit from the unique safety and design of our products.”


About NHRA:
With 80,000 members and more than 35,000 licensed competitors, NHRA is a thriving leader in the world of motorsports. Founder Wally Parks initially started NHRA as a means of getting hot rodders off the streets and on to legal dragstrips. Since those early days, NHRA has evolved into the largest promoter of professional drag racing in the world. Today, with more than 300 dedicated employees, NHRA offers drag racing opportunities for hot rod enthusiasts of all levels, from kids ages 8-17 in the NHRA O'Reilly Auto Parts Jr. Drag Racing League all the way up to the top of the professional ranks with the organization's NHRA POWERade Drag Racing Series.

About Leatt Corporation:
Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company’s operations and research and development of the core products currently take place at Leatt Corporation’s offices in Cape Town, South Africa.

For more information on the Leatt-Brace®, please visit the company website at www.leatt-brace.com. Any web site or portion thereof referenced herein is not a part of this press release.

Safe Harbor Statement
This release may contain certain “forward-looking statements” relating to the business of Leatt Corporation and its subsidiary companies (collectively, the “Company”). All statements, other than statements of historical fact included herein are “forward-looking statements,” including statements regarding: the significance of the NHRA’s acceptance of the Leatt-Brace® to the Company, to NHRA members and to the community of hot rod racers; the Company’s ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “seeks,” “intends,” or “projects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company’s control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations Contact:
Tim Clemensen
Senior Vice President
Rubenstein Investor Relations, Inc.
Tel: +1 (212)843.9337
Email: tclemensen@rubensteinir.com


monday, October 20, 2008
Leatt Corporation Posts Audited Financial Statements For Years Ended December 31, 2006 (Restated) And 2007

CAPE TOWN, SOUTH AFRICA – October 20, 2008 -- Leatt Corporation (Other OTC:LEAT.PK - News), a Nevada, Corporation, the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), announced today that its audited Consolidated Financial Statements for the year ended December 31, 2007 ("FY 2007") and the restated Financial Statements for the year ended December 31, 2006 ("FY 2006") have been posted on the Company's new corporate web-site: www.leatt-corp.com.

Dr. Chris Leatt designer of the Leatt-Brace® and Chief Executive Officer of Leatt Corporation stated, “The completion of our audited financial statements on our website signals that we have reached another milestone in our efforts to comply with the requirements necessary to achieve greater liquidity and exposure for the Company’s common stock. We are very satisfied with the results of FY 2007 and we believe that the Company has come a long way in its compliance with the financial reporting requirements imposed on public companies. In addition, our website is a great forum for this document, as well as a good tool to view the Company’s business activities as we move forward with our aggressive business plan.”

About Leatt Corporation:
Leatt Corporation engages in the design and development of cervical spine protection equipment for various forms of motor sports. The Company offers Leatt-Brace®, a neck brace to prevent or lessen the severity of motor sport injuries to neck. It sells its products through Internet and sales representatives worldwide. The Company was incorporated in March 2005 as Treadzone, Inc. and changed its name to Leatt Corporation in May 2005. Leatt Corporation is headquartered in Las Vegas, Nevada.

Safe Harbor Statement
This release may contain certain “forward-looking statements” relating to the business of Leatt Corporation and its subsidiary companies (collectively, the “Company”). All statements, other than statements of historical fact included herein are “forward-looking statements,” including statements regarding: the Company’s ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “seeks,” “intends,” or “projects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company’s control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations Contact:
Tim Clemensen
Senior Vice President
Rubenstein Investor Relations, Inc.
Tel: +1 (212)843.9337
Email: tclemensen@rubensteinir.com


Friday, October 17, 2008
Leatt Corporation Withdraws Suit Against Alpinestars

Released: Friday, October 17, 2008 13:54 ET

CAPE TOWN, SOUTH AFRICA - Leatt Corporation (PINKSHEETS: LEAT) (the "Company"), the distributor of the Leatt-Brace® Neck Brace System, designed to help prevent potentially devastating motor sport injuries to the cervical spine, today announced that the Company has withdrawn its design patent infringement action against Alpinestars S.P.A. and Alpinestars USA Inc. in the United States District Court for the Southern District of New York.

The Company has withdrawn its patent infringement suit against Alpinestars S.P.A. and Alpinestars USA Inc. ("Alpinestars") for importation and sale of Alpinestars' Bionic Neck Brace, not because of any weakness in the Company's case, but because the Company has concluded that Alpinestars' product is unlikely to gain even a toehold in the United States market. As a result, the Company believes that it should focus its efforts on promoting the Leatt-Brace® Neck Brace System in the United States, rather than on litigating this infringement claim. The Company withdrew its suit without prejudice, thus preserving its future rights against Alpinestars.

About Leatt Corporation:

Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (the neck). The company's operations and research and development of its core products currently take place at Leatt Corporation's main offices in Cape Town, South Africa.

For more information on the Leatt-Brace®, please visit the company's website at www.leatt-brace.com, however, such information is not a part of this press release.

Safe Harbor Statement

This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the Company's ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations Contact:
Tim Clemensen
Senior Vice President
Rubenstein Investor Relations, Inc.
Tel: +1 (212)843.9337
Email: tclemensen@rubensteinir.com




August 27, 2008
Leatt Corporation FY 2007 Audit Report Status and Appointment of New Investor Relations Firm

Leatt Corporation FY 2007 Audit Report Status and Appointment of New Investor Relations Firm

CAPE TOWN, South Africa August 27, 2008 - Leatt Corporation (OTC PK:LEAT) (the “Company”), the distributor of the Leatt-Brace® Neck Brace System, designed to help prevent potentially devastating motor sport injuries to the cervical spine, today announced that the audit of the Company’s fiscal year 2007 by its new independent public accounting firm, J.H. Cohn, LLP, is still ongoing and that it has retained Rubenstein Investor Relations as its new investor relations firm.

The audit process is in its latter stages and the Company expects to publish the resulting financial statements as soon as the audit process is complete. 

“We expect that the audit and the related review of our financial controls and systems will soon be complete,” remarked Dr. Christopher J. Leatt, the Company’s Chief Executive Officer.  “Meanwhile, as a result of our observations during the audit process, we have taken steps to revamp our corporate and financial controls to provide more accurate and timely financial information and effectively deal with the challenges of a global business.”
The Company also formally announced that it has engaged Rubenstein Investor Relations in New York City to handle its investor relations going forward.  The Company expects that this engagement will foster better communications with its shareholders and the investment community as it seeks to implement its commercial objectives. 


About Leatt Corporation:
Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (the neck). The company’s operations and research and development of its core products currently take place at Leatt Corporation’s main offices in Cape Town, South Africa.

For more information on the Leatt-Brace®, please visit the company’s website at www.leatt-brace.com, however, such information is not a part of this press release.


Safe Harbor Statement
This release may contain certain “forward-looking statements” relating to the business of Leatt Corporation and its subsidiary companies (collectively, the “Company”). All statements, other than statements of historical fact included herein are “forward-looking statements,” including statements regarding: the Company’s ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “seeks,”  “intends,” or “projects” or similar expressions, involve known and unknown risks and uncertainties.  Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company’s control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.


Investor Relations Contact: 
Tim Clemensen
Rubenstein Investor Relations
Tel: +1 (212)843.9337
Email: tclemensen@rubensteinir.com.


JULY 17, 2008
Leatt Corporation To Sponsor 2008 South African Motocross Grand Prix

Released: Thursday July 17, 9:51 am ET

Race Series Titled 2008 Leatt-Brace®, SA MX Grand Prix

CAPE TOWN, South Africa, July 17 /PRNewswire-FirstCall/ -- Leatt Corporation (Pink Sheets: LEAT - News), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that the Company will become the Title Sponsor to the South African Leg of the 2008 FIM World Grand Prix Motocross Series.

Along with the title of Event sponsor, Leatt will be featured on the event posters distributed to motorcycle outlets, shopping centers and Computicket outlets. Additionally there will be a 30 second Cinema commercial produced as a Grand Prix Commercial. Official shirts and various event-related souvenirs with the Leatt 2008 logo will be marketed throughout the event. This event will be televised through numerous networks including the following: Fox Sports World, AB Moteurs, Roi Due, Speed, Vrt, Eurosports Asfa Pacific, Fox Sports, CI, Sport Satelite, SNTV, SPRTV, Eurosport, Band Sports, Eurovision, America One Sports, TVe, Galaxie Sport, Eurosport 2, Gaora Sports.

The South African venue for the race will be at the Alkmaar Motocross circuit in Nelspruit, South Africa. Approximately 15,000 spectators are expected to be in attendance and the event will be broadcast on 24 channels worldwide. The Company also expects that the race will receive extensive pre-event coverage including radio advertisements on local South African Radio Stations as well as television inserts. The FIM Motorcross World Championship reached a massive television audience in 2007; with more than 694 million viewers worldwide.

"We are extremely excited about this sponsorship and the exposure that this event will provide for the Company," said Mr. Jeff Guzy, President of the Company, "This sponsorship opportunity further validates and provides a great testimonial to the quality and reliability of the Leatt-Brace® product and its importance to the Motocross community."

Motorsport South Africa (MSA) is recognised by both the Federation Internationale de l'Automobile (FIA) and the Federation Internationale de Motocyclism (FIM), as the sole national motorsport federation in South Africa. The FIM and FIA recognise only one "National" federation in each country, with such federation in turn being responsible for the control and administration of motorsport in its own country. In South Africa, the FIA and FIM have transferred their sporting powers to MSA and all motorsport events in the country are held in accordance with FIA and FIM Sporting Codes. MSA is one of only a few federations responsible for the control of both car and motorcycle sporting events, with most other countries having separate governing bodies for the two disciplines.

About Leatt Corporation:

Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company's operations and research and development of the core products currently take place at Leatt Corporation's offices in Cape Town, South Africa.

For more information on the Leatt-Brace® , please visit the company website at www.leatt-brace.com. Any web site or portion thereof referenced herein is not a part of this press release.

Safe Harbor Statement

This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the ability of the Company to meet the requirements for or obtain approval for quotation of the Company's common stock on a national securities exchange or quotation system, or otherwise achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations:

Please contact Tim Clemensen at tclemensen@rubensteinir.com or call at +1 (212) 843 9337

Source: Leatt Corporation

 

May 15, 2008
Leatt Corporation Conducting Fiscal Year 2007 Audit as part of Enhanced Public Disclosure Effort

CAPE TOWN, South Africa - Leatt Corporation (OTC: LEAT.PK), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that its annual audit for Fiscal Year 2007 will be conducted by JH Cohn LLP, an independent public accounting firm located in New York and New Jersey. The audit is part of the Company’s effort to enhance the scope and frequency of publicly available information, as well as to meet the requirements for quotation of the Company’s common stock on a national securities exchange or quotation system. The Company anticipates completion of the audit in June 2008.

Mr. Jeff Guzy, President of the Company, said, “We did an extensive search for an auditor and we are confident that JH Cohn is a suitable independent public accounting firm and we are pleased that they are our independent auditors. We intend to publish our audited financial statements for the fiscal year ended December 31, 2007, along with the audit letter of JH Cohn, on our website as soon as it becomes available.”

About J.H. Cohn.
JH Cohn provides audit, tax and accounting services to private and public middle-market companies, individuals and not-for-profit groups. JH Cohn is the largest independent accounting firm in the Northeast and one of the Top 20 accounting and consulting firms in the United States.

About Leatt Corporation:

Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The company’s operations and research and development of the core products currently take place at Leatt Corporation’s offices in Cape Town, South Africa. For more information on the Leatt-Brace®, please visit the company website at www.leatt-brace.com. Any web site or portion thereof referenced herein is not a part of this press release. Safe Harbor Statement

This release may contain certain “forward-looking statements” relating to the business of Leatt Corporation and its subsidiary companies (collectively, the “Company”). All statements, other than statements of historical fact included herein are “forward-looking statements,” including statements regarding: the ability of the Company to meet the requirements for or obtain approval for quotation of the Company’s common stock on a national securities exchange or quotation system, or otherwise achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “seeks,” “intends,” or “projects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company’s control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Investor Relations:
Please contact Tim Clemensen at tclemensen@rubensteinir.com or
call at +1 (212) 843 9337

 

May 3, 2008
LEATT v FRO LITIGATION SETTLES: FRO HALTS PRODUCTION OF THE NECK PROTECT

CAPE TOWN, South Africa - Leatt Corporation (OTC: LEAT), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the distributor of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck).

Following a hearing in the English High Court, Leatt and FRO Systems have reached a confidential settlement of their dispute over the alleged infringement by FRO of Leatt’s design rights in the Leatt-Brace® for use by motorcyclists. Under the terms of the settlement, FRO has stopped selling its Neck Protect product and will pay an undisclosed sum to Leatt.

Dr. Leatt, the designer of the Leatt-Brace® and Chief Executive Officer of Leatt Corporation, said that he was very pleased by the outcome, “Leatt have spent millions of dollars researching and developing the design and functionality of our novel neck brace. We shall not hesitate to take all necessary action to enforce our intellectual property rights which protect the product internationally.” Both parties are pleased to have resolved this matter amicably.

About The Leatt Corporation:
The Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport njuries to the cervical spine (neck). The Company is located in Cape Town, South Africa.For more information on the Leatt-Brace®, please visit the company website at www.leatt-brace.com. Any web site or portion thereof referenced herein is not a part of this press release.

Investor Relations. Please contact:
Paul W. Richter, (804) 644-2182, prosage@comcast.net

 

February 5, 2008

CAPE TOWN, South Africa - Leatt Corporation (Gray Market: LEAT.), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that it has initiated a program to aggressively protect its intellectual property (IP) worldwide.

Dr. Leatt, the founder and Chief Executive Officer of Leatt said: "Leatt has spent considerable time and resources to produce an innovative neck brace technology that has been proven in the field. The company has patent coverage and other registered IP rights around the globe. Central to our corporate strategy is to aggressively take legal action against any violators of our IP, regardless of where they may be. We have filed a legal action in England against a firm that has, in our opinion, infringed on our IP for the Leatt Neck Brace. We will pursue this legal action until our claims are vindicated. Before consumers consider competing products, they should consider the actual testing and track record of the neck brace in question. I am confident that such a comparison will result in the purchase of the Leatt-Brace."

About The Leatt Corporation: The Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (neck). The Company is located in Cape Town, South Africa.For more information on the Leatt-Brace™, please visit the company website at www.leatt-brace.com. Any web site or portion thereof referenced herein is not a part of this press release.

Legal Notice Regarding Forward-Looking Statements: This press release may contain forward-looking statements covered by the Private Securities Litigation Reform Act of 1995 (15 U.S.C. §78j), which are based on the Company's current expectations, forecasts and assumptions. In some cases forward-looking statements may be identified by forward-looking words like "would," "intend," "hope," "will," "may," "should," "expect," "anticipate," "believe," "estimate," "predict," "continue," or similar words. Forward-looking statements involve risks and uncertainties which could cause actual outcomes and results to differ materially from the Company's expectations, forecasts and assumptions. These risks and uncertainties include risks and uncertainties not under the control of the Company, including, without limitation, the current economic climate, market acceptance of our products, which we regard as novel, the start-up nature of our business, the risks of regulatory scrutiny and investigations, the limited resources of the Company and resulting vulnerability of the Company and its products to domestic and international competitors with considerably greater resources than the Company and possible inability to establish market share against competing products in many markets, current limited distribution channels for the Company’s products, actions of our competitors, the limited cash reserves of the Company and the possible, resulting reliance on the sale of Company securities to finance operations, the extent to which affects our ability to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our products, and changes in our business strategies. The Company’s common stock is traded on the “Gray Market” of the Over-the-Counter market and the Company is a “penny stock company” (as defined under the rules of the Securities Exchange Act of 1934, as amended). The Company is not a reporting company under the federal securities laws and our financial results are no longer posted on The Pink Sheets. As such, there are additional, substantial risks associated with the Company and its securities. Such risks include limited liquidity of the Company’s common stock, susceptibility to trading pressure and limitations on ability of broker-dealers to trade or recommend such stock.

Investor Relations.
Please contact:
Paul W. Richter, (804) 644-2182,
prosage@comcast.net

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Shareholder communication procedure:
The Board of Directors has established a procedure that enables stockholders to communicate in writing with members of the Board. Any such communication should be addressed to Paul Richter at 3901 Dominion Townes Circle, Richmond, VA 23223, Fax: (804) 644-2181; email: prosage@comcast.net. Any such communication must state, in a conspicuous manner, that it is intended for distribution to the entire Board of Directors. Under the procedures established by the Board, upon the Chairman of the Board's receipt of such communication, the Company's Secretary will send a copy of such communication to each member of the Board, identifying it as a communication received from a shareholder. Absent unusual circumstances, at the next regularly scheduled meeting of the Board held more than two days after such communication has been distributed, the Board will consider the substance of any such communication.