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From: xcentral18/2/2007 9:12:49 AM
   of 6687
 
LEAT
Leatt Corporation Releases Financial Statements for FY2006 and Q1 FY2007
Market Wire
Posted: 2007-07-31 11:15:14
CAPE TOWN, SOUTH AFRICA -- (MARKET WIRE) -- 07/31/07 -- Leatt Corporation (PINKSHEETS: LEAT), a Nevada, USA Corporation headquartered in Cape Town, South Africa, and the developer of the Leatt-Brace(TM), a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that its Audited Financial Statements for the fiscal year ending December 31, 2006 (FY2006) and Un-audited Financial Statements for Quarter One of the fiscal quarter ending March 31, 2007 ("Q1 FY2007") have been posted on the Company's web-site: leatt-brace.com

Dr. Leatt, the founder and Chief Executive Officer of Leatt said: "The Company believes that the financial statements of FY 2006 and Q1 FY 2007 attest to management's hard work and the quality of our current product."

Dr. Leatt also said: "The Company is working to resolve the SEC's concerns that precipitated the trading halt of Leatt stock together with the stock of thirty-four other companies in March 2007."

About The Leatt Corporation: The Leatt Corporation is the exclusive global distributor of the Leatt-Brace(TM), 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(TM), 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.
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