Data 1, Inc. Reaches Agreement to Acquire MOTTO
Sports Technologies
SARASOTA, Fla.--(BUSINESS WIRE)--July 28, 1998-- Data 1, Inc., (OTC Bulletin Board Symbol ''DMEM''), announced today that it has reached an agreement in principal to acquire MOTTO Sports Technologies of Mt. Vernon, WA.
MOTTO Sports Technologies is a sports product development company headed by Stephen White. The company is the developer of the patent applied for Sandman Athletic Glove line, the future of glove technology in sports. The Sandman Athletic Glove line was designed by Motto's Vice President, Jim Sandusky, the former All-American and All Pro CFL Receiver. The Sandman Glove received an incredible response throughout the CFL and NFL and the gloves are now being worn on all CFL teams and most of the NFL teams.
Many of the professional football players throughout the NFL and CFL now wearing the gloves say, ''The Sandman Glove is doing for the hand what cleats did for footwork in sports.''
''The Company is in the process of designing and licensing several other unique and exciting sports products and is focused on becoming a world class leader in sports product development,'' said Steve White, CEO of MOTTO Sports Technologies.
Sales for the next twelve months are projected to be in excess of $10,000,000.00
With the acquisition of MOTTO Sports Technologies, Data 1's business and expansion plan of
acquiring profitable, diversified companies with unique and exclusive products is progressing
rapidly.
Contact:
Peter Bianchi
RMJ & Associates
(281) 596-9000 |
