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Related Quotes Sym. Price Chg. IGTP Trade News 0.012 0 Intelligent Sports Signs LOI to Purchase 21-Acre Property forSports/Wellness Complex Designed to Combat Childhood Obesity
Aug 2, 2007 08:31:38 (ET)
UPLAND, CA, Aug 02, 2007 (MARKET WIRE via COMTEX) -- Intelligent Sports, Inc. (PINKSHEETS: IGTP) is pleased to announce that the Company has signed a Letter of Intent with a Vermont landowner for the development of a 21-acre, year-round sports, fitness, wellness and education complex. The new complex will feature Intelligent Sports' brand of youth programming. This facility will broaden Intelligent Sports' efforts to fight the childhood obesity epidemic and expand its programs across the United States.
Intelligent Sports believes that the best strategy to combat childhood obesity is to improve the diet and exercise habits of the entire family. The core concept will be to have scheduled programming on a personalized basis by Intelligent Sports health coordinators who work with guests prior to, during, and after their visits. The concept will be designed for children and families to eat, exercise, play sports and have fun together.
The summer and winter offerings will include hiking, white water rafting, kayaking, swimming, tennis, basketball, baseball, soccer, track, skiing, tobogganing, skating and snow boarding, all of which will take place on the property or nearby. In addition, a fitness/spa/wellness pavilion, featuring indoor sports, a training/testing center, health/nutrition offices, classrooms and more, is envisioned for year-round operation on the property. Sessions up to three weeks in length will be offered.
"This proposed endeavor addresses the core elements of our philosophy and directly targets our goal of overcoming childhood obesity, both individually and from a family perspective. I expect that our innovative 'Family Kitchen' concept, styled after television cooking shows, is going to be the highlight of everyone's visit," stated Thomas Hobson, CEO of Intelligent Sports.
About Intelligent Sports, Inc.:
Intelligent Sports, Inc. ( www.intelligentsports.net ) provides organized youth sports and fitness programs that allow kids to grow athletically and intellectually. Whether it is sports-related, health development, or specialized fitness training, Intelligent Sports will meet their general athletic and physical needs. Intelligent Sports will launch the business model in other targeted communities throughout the country over the next several years.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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Contact: Intelligent Sports, Inc. Investor Relations (866)-THE-APPL(E)
SOURCE: Intelligent Sports, Inc.
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Related Quotes Sym. Price Chg. IGTP Trade News 0.03 0.003 Intelligent Sports Announces 7th Annual NBN Fall Basketball League
Aug 28, 2007 08:32:31 (ET)
UPLAND, CA, Aug 28, 2007 (MARKET WIRE via COMTEX) -- Intelligent Sports, Inc. (PINKSHEETS: IGTP) is pleased to announce that its Nothin' But Net (NBN) Basketball program has opened registration for its 7th Annual Fall Basketball League. League competition starts on September 29 and ends with a single elimination playoff on November 3 and 4. The league is open to boys and girls from the third grade through high school.
In three seasonal leagues and one tournament this year, NBN Basketball has drawn more than 2,000 boys and girls. Last year, 53 teams registered for the NBN Fall Basketball League, which was a 20 percent increase from the previous high. During the inaugural year of 2001, the NBN fall league sold out, featuring 44 teams from 28 different communities. League fees are charged by the team and young athletes are exposed to all of the programs offered by Intelligent Sports, Inc., including fitness, nutrition, trained coaching and a safe environment.
"The Nothin' But Net Leagues are the Inland Empire's largest youth and high school basketball program and they continue to provide excellent exposure for the Intelligent Sports programs. As we look toward other avenues of revenue and exposure in the coming year, we hope to expand the NBN presence across the country and involve more and more young athletes in our programs," stated Thomas Hobson, CEO of Intelligent Sports, Inc.
Nothin' But Net Basketball was founded in 1996 by Thomas Hobson following a long history of coaching and administrating youth sports in local communities through National Junior Basketball, recreation leagues and other youth sports oriented programs.
Intelligent Sports recently signed a Letter of Intent with a Vermont landowner for the development of a 21-acre, year-round sports, fitness, wellness and education complex. The new complex will feature Intelligent Sports' brand of youth programming, incorporating the entire family into the experience. This facility will broaden Intelligent Sports' efforts to fight childhood obesity and expand its programs across the United States.
About Intelligent Sports, Inc.:
Intelligent Sports, Inc. ( www.intelligentsports.net ) provides organized youth sports and fitness programs that allow kids to grow athletically and intellectually. Whether it is sports-related, health development, or specialized fitness training, Intelligent Sports will meet their general athletic and physical needs. Intelligent Sports will launch the business model in other targeted communities throughout the country over the next several years.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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Related Quotes Sym. Price Chg. IGTP Trade News 0.038 0.008 JWN Trade News 47.07 -1.03 Intelligent Sports, Inc. Targeting Baby Boomers and High-EndRetailers With Home Exercise Program
Sep 4, 2007 08:32:18 (ET)
UPLAND, CA, Sep 04, 2007 (MARKET WIRE via COMTEX) -- Intelligent Sports, Inc. (PINKSHEETS: IGTP) is pleased to announce that it is launching a campaign to market its Create Space for Exercise (CSFE) home fitness kiosks to high-end retail outlets throughout North America. CSFE will target high-end retail chains such as Bloomingdale's, Macy's and Nordstrom, and the campaign will coincide with the launch of its kiosks in "Big Box" retail chains in the Northwestern U.S. and Canada planned for later this year.
The CSFE kiosk platform features high-end, state-of-the-art fitness equipment for use in the home. The service features exercise consultants who provide information and expertise, a customized workout program, nutritional guidance, and other benefits. During a 14-day trial sales event at two large retail stores in Canada in the past year, more than 75 units were sold, and sales representatives found that the kiosks typically appeal to consumers who are older, more affluent and benefit from an ongoing, comprehensive fitness program.
According to the International Medical Spa Association (IMSA), approximately 78 million people in the United States are between the ages of 43 and 61, which is the nation's largest and wealthiest demographic. The IMSA closely links the medical spa popularity to this demographic, with an estimated spending power of approximately $2 trillion.
"Our research has shown that customers in the upper age and income brackets are an ideal demographic for sports fitness equipment for the home. The high-end retail outlets that cater to this clientele will be a strong focus of ours in the coming months, as will be the 'Big Box' retailers," stated Thomas Hobson, CEO of Intelligent Sports, Inc.
Intelligent Sports, Inc. acquired Global Retail Fitness Concepts, which originally developed the CSFE program, earlier this year. For more information about the product and services, visit the Intelligent Sports, Inc. Web site at www.intelligentsports.net .
About Intelligent Sports, Inc.:
Intelligent Sports, Inc. ( www.intelligentsports.net ) provides organized youth sports and fitness programs that allow kids to grow athletically and intellectually. Intelligent Sports is committed to meeting the general athletic and physical needs of its clients. Intelligent Sports will launch this business model in targeted communities throughout the country over the next several years.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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Related Quotes Sym. Price Chg. IGTP Trade News 0.032 0 Intelligent Sports, Inc. Targets Rising Obesity Rates in U.S.
Sep 6, 2007 08:32:30 (ET)
UPLAND, CA, Sep 06, 2007 (MARKET WIRE via COMTEX) -- Intelligent Sports, Inc. (PINKSHEETS: IGTP) is focusing the re-launch of its Create Space for Exercise program, and its planned facilities for youth wellness and education, on the rising obesity rates in the United States. The Company is in negotiations with several equipment manufacturers and plans to have an agreement in place in the coming weeks to market the Create Space for Exercise program at retailers throughout North America.
In a recent study by the Trust for America's Health, a research group dedicated to disease prevention, obesity rates increased in 31 states last year. Rates of adult obesity now exceed 25 percent in 19 states, up from 14 states last year and 9 in 2005. In 1991, no states exceeded 20 percent. Also in the study, 22 percent of American adults reported that they do not engage in any physical activity. Concerning children, according to the Centers for Disease Control and Prevention, 16 percent of children in the United States (over 9 million) from 6-19 years old are overweight or obese, a number that has tripled since 1980.
"We are intent on securing a contract with an equipment manufacturer and eager to get the marketing campaign underway. The obesity problem is becoming an epidemic, and we are confident that the Create Space for Exercise program, as well as our training methods and educational platforms for youth, will benefit from the increased attention to this issue," stated Thomas Hobson, CEO of Intelligent Sports, Inc.
Intelligent Sports recently signed a Letter of Intent with a Vermont landowner for the development of a 21-acre, year-round sports, fitness, wellness and education complex for children and their families. The facility will broaden Intelligent Sports' efforts to fight childhood obesity and help expand its programs across the United States.
About Intelligent Sports, Inc.:
Intelligent Sports, Inc. ( www.intelligentsports.net ) provides organized youth sports and fitness programs that allow kids to grow athletically and intellectually. Intelligent Sports is committed to meeting the general athletic and physical needs of its clients. Intelligent Sports will launch this business model in targeted communities throughout the country over the next several years.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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Intelligent Sports, Inc. Launches Athletic Programming PartnershipWith Upland Sports Arena in Southern California
Sep 13, 2007 08:31:57 (ET)
UPLAND, CA, Sep 13, 2007 (MARKET WIRE via COMTEX) -- Intelligent Sports, Inc. (PINKSHEETS: IGTP) is pleased to announce that the Company has officially launched joint programming with the Upland Sports Arena in Upland, California. Earlier this year the two companies agreed to combine their programs in an effort to bolster membership and to improve and increase the programs offered to young athletes in Southern California.
Intelligent Sports hosts its Nothin' But Net (NBN) sports leagues and tournaments at the Arena, and the companies have put their collective resources together to broaden the Arena's programs and build the Intelligent Sports brand of youth fitness and education. Intelligent Sports is providing professional management, marketing, officiating and training for various leagues and programs at the Arena while promoting and hosting its own youth fitness programs on site. Both organizations are also focused on helping to fight the rising childhood obesity rates in the United States.
The five-year-old Arena is a 66,000-square-foot facility with two full-sized basketball courts, indoor soccer fields, a retail store and a restaurant. It is open seven days per week and offers clinics, classes, sports camps, parties and diverse leagues throughout the year. Intelligent Sports previously rented space at the Arena for training programs, basketball and volleyball leagues and tournaments. Its NBN Fall Basketball League will begin play later this month with games held at the Arena.
"This partnership is a great benefit for both organizations and builds name recognition for Intelligent Sports as we improve our business model and expand. We are proud to be associated with the ownership and management of the Arena and, over time, we will build a more formal marketing strategy. We both share a profound passion for the fight against the childhood obesity epidemic nationwide, and for the benefit of youth sports in Southern California," stated Thomas Hobson, CEO of Intelligent Sports, Inc.
About Intelligent Sports, Inc.:
Intelligent Sports, Inc. ( www.intelligentsports.net ) provides organized youth sports and fitness programs that allow kids to grow athletically and intellectually. Intelligent Sports is committed to meeting the general athletic and physical needs of its clients. Intelligent Sports will launch this business model in targeted communities throughout the country over the next several years.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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