President's Letter
December 21, 2007Dear Shareholders,
As we head into 2008, Intelligent Sports (OTCPK: IGTP) is developing the infrastructure to launch the second phase of our "Create Space For Exercise" (CSFE) sales program in retail outlets throughout North America. Based on a successful trial sales period at several Costco stores in Canada last year, and the quality of the comprehensive service provided with the exercise kiosks, I believe that there is great revenue potential for the program. It targets a very specific demographic – adults concerned with fitness – and we have the marketing and sales agreements in place to successfully launch the program in multiple major retail outlets.
We are also preparing to launch our e-commerce Web site, which will provide a central "one stop" location for consumers looking to purchase home fitness equipment. We are confident that the new Web site and the CSFE program will add brand awareness and a new source of revenue for Intelligent Sports, Inc.
Our Company’s goal is to open the first of our Youth Fitness Centers in 2008. We will incubate the center in Southern California with the intent of expanding the model by mid-year. A secondary phase of expansion to strategic locations throughout the country will be based on requisite capital, the success of the initial facilities and demand from other regions.
Intelligent Sports operates under the highest moral and business standards with a reputation for high quality service and commitment to youth as a one-stop service for integrated youth sports programs, services and fitness products. The Company understands its leadership role in the community as well as the need to create an environment that is open to everyone. A large share of these efforts target underprivileged and under-represented areas where many of our youths dedicate themselves to high athletic achievement while lacking the same discipline in their academic endeavors.
This has been a ground breaking year for Intelligent Sports, and we project that the long-term revenue generated from the CSFE program will support the development of our youth programs and facilities. Ultimately, the synergies between the Create Space for Exercise fitness program for adults and our youth programs should complement each other and make Intelligent Sports a distinctive brand name for fitness and sports training on an international scale.
I want to thank our loyal shareholders for their continued support throughout 2007, and look forward to making 2008 a successful year for all.
Sincerely,
Thomas Hobson
CEO of Intelligent Sports, Inc.