Over the
past 90 years, Everlast
products have become the "Choice of Champions(TM)",
having been used for training and professional
fights by many of the biggest
names in the sport. In addition to
producing and marketing the equipment
and accessories, Everlast Worldwide Inc.
retails supplements
Closing of the transaction is
subject to Dynamic's completion
of due diligence, the completion of audited
financial statements of DMI and other customary terms
and conditions.gym vest
everlast.S.strength ellipticals
Based in New York City, M+M Fitness will produce and market aerobic
equipment (including treadmills, steppers, elliptical trainers and stationary
bikes) and weightlifting
equipment (free weights, home gyms, weight lifting
benches, weight bars, etc. At the retail level
, Everlast's licensed products
generate over $700 million in revenues.superstore treadmills
The company's Web site can
be found at
http://www.Dynamic Health to Acquire Sports Nutrition and Performance Drink Distributor
Further Enhances Marketing and Distribution Base
LARGO, Fla., Dynamic
Health Products,
Inc.steppers quickness
S.weighted supplement
manufactures, markets and licenses sporting goods
and apparel products
under the Everlast brand name.
Statements made in this Press Release that are estimates of
past or future
performance are based on a number of factors, some of which are outside of the
Company
's control.
and its management for the future are forward-looking statements. is a rapidly growing
developer, wholesaler
and distributor of sports nutrition products, non-prescription drugs, dietary
supplements, vitamins, health food and nutritional products, soft goods and
other related products
.
This press release may contain statements which constitute forward looking
statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including those regarding
the company and its subsidiaries'
expectations, intentions, strategies and beliefs pertaining to
future
performance.supplement fleece
). and abroad. We expect the lines produced by M+M Fitness, which has given us
substantial minimum guarantees, to rapidly gain favor among consumers. "We
are driving industry
consolidation in order to leverage the resulting
economies of scale.bodybuilding fitness
Information concerning factors
that could cause actual results to differ materially from those in forward-
looking statements
is contained from time to time in filings of Everlast
Worldwide with the U. All statements contained
herein are based upon information
available to the company's management as of the date hereof, and
actual
results may vary based upon future events, both within and without
management's control
.superstore outerwear
licenses its brand to providers of men's and women's sportswear and active
wear, children's wear
, footwear, watches, cardiovascular exercise equipment
and gym/duffel bags. DMI has distribution
centers located in Cranston, RI and Henderson,
NV, and is the second largest distributor of performance
drinks in the United
States. Important factors that could cause such differences are
described
in the company's periodic filings with the Securities and Exchange
Commission.quickness superstore
Mandeep Taneja
, CEO of Dynamic stated "We continue to execute on our
strategy of expanding sales, marketing and
distribution channels for our
rapidly growing line of sports nutrition products, dietary supplements
and
health and beauty care products. Dynamic
intends to complete a financing transaction to fund
the payoff of non-
assumable obligations of DMI at the closing of the acquisition.treadmills fitness
Copies of these
filings may be obtained by contacting Everlast Worldwide or the SEC.lifting fitness
Everlast Worldwide Inc. Launches
Aerobic and Weightlifting Equipment in the U.S.
(Nasdaq: EVST), manufacturer, marketer and licensor
of sporting goods and
apparel under the Everlast brand name, today announced that it had entered
into a licensing agreement with M+M Fitness LLC for the development of a line
of aerobic and weightlifting
equipment which will be marketed in the U.
ellipticals benches
Horowitz, chairman and CEO of Everlast Worldwide
Inc. In addition,
based on the success of the NBC reality television show, The Contender, which
features
Everlast equipment, we expect consumer interest in fitness and the
training techniques used by boxers
to increase and drive demand for these
products. Taneja.fleece benches
S., said,
"Our licensing program continues
to gain momentum as we expand our product
offerings to the fitness market both in the U. Statements
made in this Press Release that state the
intentions, beliefs, expectations or predictions of Everlast
Worldwide, Inc. DMI currently sells approximately 90 product
lines with more than 1200 individual
products, which complement our existing
offering and add depth to our performance drink selection
.weighted benches
(OTC Bulletin Board: DYHP) today announced that it has entered into an
agreement and plan of merger
to acquire Dynamic Marketing, Inc. (DMI), a
sports nutrition and performance drink distributor with
approximately
$14 million in unaudited annual revenues.retails supplement
Dynamic
anticipates closing the transaction
on or about March 31, 2005.vest strength
George Q.strength bottoms
"
About Everlast Worldwide Inc. Since 1910, Everlast
has
been the preeminent brand in the world of boxing and is among the most
dominant brands in
the overall sporting goods and apparel industries."
Upon closing of the agreement, Dynamic will
pay consideration in excess of
$3 million, consisting of cash and stock.
"With DMI, Dynamic
will have completed its third acquisition in the sports
nutrition distribution industry since October
2004," added Mr."
Dynamic Health Products, Inc.shorts ellipticals
Everlast inks new licensing agreement
with M+M Fitness LLC
Represents tenth new license agreement for new year
NEW YORK, Everlast Worldwide Inc.
Everlast Worldwide Inc. Everlast is the market leader in
nearly all of its product
categories, responsible for leading eight of the top ten boxing equipment
products in sales. Securities and Exchange Commission.retails supplement
Products produced by M+M Fitness are expected
to
be available by the third quarter of this year and will be sold through select
sporting goods
retailers around the US.ellipticals gyms
Contact Information:
Cani Shuman
Chief Financial
Officer
Tel: 727-329-1845
gyms supplements
com .lifting fleece
Through its apparel division, Everlast men's and
women's
active wear products are sold to over 20,000 retail locations throughout the
United States
and Canada, including a variety of department stores, specialty
stores, catalog operations and better
mass merchandisers.
DMI is engaged in wholesaling and distributing a wide variety of
non-prescription
dietary supplements, health food and nutritional products,
performance drinks, tanning products,
exercise accessories and other related
products.fitness supplements
It is
important to note that actual results could
differ materially from those
projected in such forward-looking statements.ellipticals fitness
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