CAPE TOWN, SOUTH AFRICA -- (Marketwire) -- 08/13/10 -- Leatt Corporation, a Nevada corporation (PINKSHEETS: LEAT) (Company), and the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced unaudited financial results for its fiscal 2010 second quarter ended June 30, 2010. The Company posted revenue of $2,859,940 and a net quarterly loss of $293,793. These results compare to revenue of $3,106,200 and net quarterly loss of $394,139 in the year-ago quarter. A summary of financial results is set forth below.

"The worldwide economic recession continues to negatively affect our revenues. We are currently introducing new products into the market in an effort to steer the Company into profits once again. Additionally, we are looking forward to the results of our restructuring activities in the second quarter that will hopefully filter through to the third and fourth fiscal quarters of 2010," said acting Chief Executive Officer Sean MacDonald.

Leatt Corporation: Since 2006, we have produced and sold a line of Neck Brace Systems for adults and children that are designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck) among motorcycle, ATV and other motor vehicles worldwide. Our product line is set forth at our sales/product URL: http://www.leatt-brace.com.

A financial summary of the Q2 FY2010 results appears below, which summary is qualified in its entirety by reference to the Q2 FY2010 financial results posted on http://www.leatt-corp.com. The summary below is qualified in its entirety by reference to our posted financial statements and footnotes thereto at the aforesaid URL. One should not rely on the following summary as a complete presentation of financial results and condition.

The Summarized Consolidated Statements of Operations (unaudited) for the periods ending June 30, 2010 and 2009 are:

                             Three Months Ended         Six Months Ended
                                   June 30                   June 30
                          ------------------------  ------------------------
                              2010         2009         2010         2009
                           Unaudited    Unaudited    Unaudited    Unaudited
                          -----------  -----------  -----------  -----------

Revenues                  $ 2,859,940  $ 3,106,200  $ 5,813,320  $ 7,451,523
Cost of Revenues            1,072,021    1,322,810    2,223,484    2,699,568
                          -----------  -----------  -----------  -----------
Gross Profit                1,787,919    1,783,390    3,589,836    4,751,955
Operating Expenses          2,065,209    2,185,654    4,052,716    4,362,648
                          -----------  -----------  -----------  -----------
Income / (Loss) from
 Operations                  (277,290)    (402,266)    (462,880)     389,307
Other Income (Expense)        (16,503)      12,127      (14,845)      27,920
                          -----------  -----------  -----------  -----------
Income / (Loss) Before
 Income Taxes                (293,793)    (390,139)    (477,725)     417,227
Income Taxes                        -        4,000        2,400      308,504
                          -----------  -----------  -----------  -----------

Net Income / (Loss)
 Available to Common
 Shareholders             $  (293,793) $  (394,139) $  (480,125) $   108,723
                          ===========  ===========  ===========  ===========

NOTICE: This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, as amended. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include, without limitation, the effect of competitive and economic factors, and the Company's reaction to those factors; on consumer and business buying decisions with respect to the Company's products; the ability of the Company to deliver to the marketplace and stimulate customer demand for products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need from time to time to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; product quality control issues; the absence of a strong e-commerce website for products; the continued service and availability of key executives and employees; unfavorable results of legal proceedings, especially personal injury or product liability lawsuits or intellectual property rights lawsuits; and the Company's dependency on the sales performance of distributors and other resellers of the Company's products. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public disclosures at http:www.leatt-corp.com. The Company's common stock quotes on The Pink OTC Market and said stock is a "penny stock" under SEC rules. The Company is not an SEC reporting company. As such, any investment in the common stock is highly risky. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, unless applicable laws require otherwise. Neither any URLs referenced herein nor their contents are incorporated herein or made a part of this press release.