Heelys, Inc., (NASDAQ: HLYS:) manufacturer of Heelys® skate shoes, announced that it will donate $15,000 worth of shoes to Buckner International, a global Christian ministry based in Dallas.
Heelys will provide Buckner International with 232 pairs of its MegaWatt model in a wide variety of sizes, for distribution to orphans, vulnerable children and families.
Heelys has been a regular donor to Buckner International, having sent them more than $100,000 worth of product over the past two years.
“Heelys is a proud ongoing partner with Buckner International in its mission of restoration and healing,” said Rick Groesch, the chief commercial officer for Heelys, Inc. “Putting shoes on the feet of so many in need is a simple but powerful ministry. What we are really excited about is not only the opportunity to supply the much needed shoes but also allow the kids to have fun when the wheels are in place.”
Buckner International annually serves more than 400,000 people in more than 60 countries around the world. Established in 1879 as the Buckner Orphans Home in Dallas, Buckner International restores and heals children, families and senior adults.
Heelys are shoes that roll – one of a kind, powerful, lightweight athletic shoes that feature a single wheel housed in the heel. Athletes of all skill levels can walk, run or roll at any moment. With the wheel removed, Heelys are fashionable street shoes.
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Heelys, Inc. is a company founded on innovation. It designs, markets and distributes its action sports-oriented products to the youth market under the Heelys® brand. The company’s primary product, Heelys wheeled footwear, is a patented dual-purpose skate shoe that incorporates a stealth removable wheel in the heel. Its new product, Heelys HX2, uses two wheels for better balance and control, making it ideal for younger users. Heelys’ third offering, Nano, ramps up the Heelys experience by giving skaters a board that links into the patented Heelys shoe bracket. This allows them to skate farther, faster and longer than ever before. Instructional videos on how to get started can be found at http://www.Heelys.com/.
Note to Editors: High resolution photos are available upon request.
Forward Looking Statements
Certain statements in this press release and oral statements made from time to time by representatives of Heelys are “forward-looking statements” for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995, including in particular, statements regarding our guidance, outlook for future events, financial performance, customer demand, growth and profitability. In some cases, you can identify forward-looking statements by terminology such as “subject to,” “believes,” “anticipates,” “plans,” “expects,” “intends,” “estimates,” “may,” “will,” “should,” “can,” the negatives thereof, variations thereon, similar expressions, or discussions of strategy. All forward-looking statements are based upon management’s current expectations and various assumptions, but they are inherently uncertain, and Heelys may not realize its expectations and the underlying assumptions may not prove correct. Heelys’ actual results and the timing of events could differ materially from those described in or implied by the forward-looking statements as a result of risks and uncertainties, including, without limitation, the fact that substantially all of Heelys’ net sales are generated by one product, Heelys’ intellectual property may not restrict competing products that infringe on its patents from being sold, continued changes in fashion trends and consumer preferences and general economic conditions, Heelys’ dependence on independent manufacturers, Heelys may not be able to successfully introduce new product categories, and additional factors which are detailed in Heelys’ filings with the Securities and Exchange Commission, including the Risk Factors contained in Heelys’ Annual Report on Form 10-K. Investors, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and Heelys undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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