More news folks!!!
Thursday January 9 10:13 AM EDT
Quadrax Begins Shipping Lacrosse, Bicycle And Hockey
Equipment
PORTSMOUTH, R.I., Jan. 9 /PRNewswire/ -- Quadrax Corp announced today that it has
begun shipping its Thermo- Plastic(TM) lacrosse sticks, bicycle handlebars and hockey sticks
directly to retailers and through catalogues. The products are also being marketed to original
equipment manufacturers and will be exhibited at major sporting goods trade shows in January
and February. All the products are branded under the Quad Force(TM) name and are being
manufactured at the Company's Portsmouth, Rhode Island facility.
Lacrosse sticks are being distributed through the LAX catalogue while bicycle handlebars have
been picked up in the Quality Bicycles, Bicycle Technology International and G. Joannou
catalogues. The handlebars are also being sold through distributors in Japan and Australia.
Hockey sticks are being marketed directly through retailers and have already been purchased by
high school programs. In addition, the Company continues to explore OEM relationships for each
of these product categories.
Quadrax will be exhibiting these products extensively at key trade shows, including the Lacrosse
Coaches Show in Stamford, Connecticut and the Montreal International Sports Exposition, a
major hockey show, both in January. The Company will also be at the PGA Show this month
exhibiting its Thermo- Plastic(TM) golf shafts and will exhibit at the Supershow, the major sporting
goods industry event of the year, in Atlanta, in February.
James J. Palermo, Chairman and Chief Executive of Quadrax Corporation, stated, "While much of
our recent attention has been on the Thermo-Plastic(TM) golf shafts, we have not lessened our
focus on other products. We are excited by the high level of interest in our Quad Force(TM)
lacrosse sticks, handlebars and hockey sticks and the sales of these products to-date. We've
assembled an experienced sales force for each product category and are optimistic that sales will
continue to increase as more retailers and OEM's embrace our product line. The timing of these
trade shows and the increased exposure for our products should benefit our direct sales efforts."
Quadrax Corporation produces thermoplastic composite materials using its proprietary fabrication
and manufacturing processes for a wide range of high- performance commercial and consumer
products.
Statements made herein that are forward-looking in nature within the meaning of the Private
Securities Litigation Reform Act of 1995 are subject to risks and uncertainties that could cause
actual results to differ materially. Such risks and uncertainties include, but are not limited to, those
related to business conditions and the financial strength of the sporting goods industry, particularly
for lacrosse, bicycle and hockey products, the level of consumer spending for such products, the
ability of the Company to successfully manufacture its products, finance such production and the
success of advertising, marketing and promotional campaigns.
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The company is agressively going after other markets. I'm feeling better about the future of qdrx! |
