2007-11-07 17:57:00 -
- Skins Inc. (OTCBB: SKNN), a developer of a revolutionary, patented, two-part interchangeable footwear structure, today announced a revolutionary breakthrough in the development of its next generation "Bone". The new Bone will be available in December at selected Skins retailers across the country. The updated design offers additional arch support, increased depth in the toe area, and circulatory airflow that
creates a feeling of barefoot freedom.
Mark Klein, President and CEO of Skins, commented, "Our new Bone provides the ultimate experience in all-day comfort. The improvement in fit, feel, and aesthetics is so dramatic that we have decided to replace the existing Bones at retail and for those customers that purchased the initial version. Our goal will always be to provide the best and most advanced technology to our consumer and we are thrilled with the feedback from our Consumer Partnership Program, which allowed us to accelerate the development of the next generation Bone.
Mr. Klein continued, "Our new bone design has benefited from rigorous fit trials and the assistance of Frank Zambrelli and the design team at Banfi Zambrelli. We also received tremendous input from our retail partners during recent retail forums, both on improving the fit of Skins and Bones and also on enhancing the point-of-sale experience for Skins consumers. Lastly, we have added to our sales team and are looking forward to expanding distribution significantly in the Spring/Summer 2008 season."
Once available, participants in the Consumer Partnership Program will be able to exchange their first generation Bone for the updated Bone at the participating Skins retailer where they originally made their purchase. If the purchase was made through an online retailer, the retailer will send the replacement Bone when they become available.
About Skins Inc.
Skins Inc. created and is continuing to innovate a patented two-part, interchangeable footwear structure consisting of outer collapsible "Skins" and an inner holistic orthopedic support section called the "Bone." The design allows consumers to purchase one inner section, the Bone, and numerous outer Skins, resulting in multiple style variations from the same pair of quality Bones, always with the same feel and fit no matter which Skin is being worn. Skins' objective is to create a new attire concept that allows and encourages consumers to frequently change their footwear, while experiencing equal comfort in all designs of shoes. This uniquely positions the Skins concept between footwear and apparel industries. For more information, visit
www.skinsfootwear.com.
Forward-Looking Statements
Statements in this news release that are not historical facts are forward- looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes," and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Actual results may differ materially from those currently anticipated due to a number of risks and uncertainties beyond the reasonable control of the Company. These risks and uncertainties include, without limitation, those detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission, and include, among others, its limited operating history; lack of profits from operations; uncertain ability to raise additional funds on acceptable terms or at all; ability to successfully design, manufacture and commercialize its proposed product; its reliance on one unproven and undeveloped product type; rapidly changing consumer demands for footwear products; unestablished brands; degree and nature of its competition; ability to employ and retain qualified employees; and limited trading market for its common stock.
Investor Relations:
ICR
David Griffith, 203-682-8200
or
Skins Inc.
Ryan Mulhern, 866-633-1060
ryan@skinsfootwear.com