Transworld Academy Inc |
| 6220 Westpark Ste 180 |
| Houston, TX 77057 |
| General Phone: 713-266-6594 |
| Financial Aid Phone: 713-266-6594 |
| Sector: Private for-profit, less-than |
| Website: www.transworldacademy.com |
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Latest Transworld Academy Inc News
Parent Company of Academy Snowboards Sold - First Tracks
San Diego, CA (Friday, January 20, 2006) - Execute Sports, Inc. (OTCBB:EXCS) yesterday announced that it has acquired Pacific Sports Group, Inc., a holding company for several action sports brands, including Academy Snowboards, Kampus Wakeskates, Kampus Shoes, Collective Development Bindings and Collective Development Bags and Softgoods.Todd M. Pitcher, President of Execute Sports, commented that, "We are extremely pleased with the PSG transaction, which will enable us to leverage synergies created by the Kampus brands and our Execute watersports programs. In addition, the Academy Snowboard brand has been making noise in the industry for the past couple years with industry awards and a team that has won Transworld's team challenge each of the past couple years led by Chad Otterstrom, Transworld's rider of the year in 2005. We fully intend to support its growth through specialty and the pro shop markets as it expands internationally. The PSG brands are an important addition to Execute's portfolio and its objective to become a leading action sports company.""The acquisition of PSG by Execute is great for our brands, as well as our team riders," stated Duane Pacha, PSG's co-founder, "in that it will provide us with the financial support to get our products into - more available