Leatt Corporation Posts Audited Financial Statements for Year Ended December 31, 2008

CAPE TOWN, SOUTH AFRICA--(Marketwire - April 14, 2009) -

Leatt Corporation (PINKSHEETS: LEAT), a Nevada, USA Corporation headquartered in Cape Town, South Africa, the developer of the Leatt-Brace®, a Neck Brace System designed to help prevent potentially devastating motor sport injuries to the cervical spine (neck), announced today that its audited Consolidated Financial Statements for the year ended December 31, 2008 (“FY 2008") have been posted on the Company’s corporate web-site: www.leatt-corp.com.

Leatt Corporation and its subsidiaries (“LC” or “Company”) today announced financial results for its fiscal year ending December 31, 2008. LC posted gross revenues of $18,778,412 and a net income of $1,967,486. These results compare to gross revenues of $18,317,382 and net income of $1,984,900 for the fiscal year ended December 31, 2007. Our full financial results for Fiscal Year 2008 are set forth on the Company’s web site and shareholders should review those statements to more fully understand our financial results for Fiscal Year 2008.

Dr. Chris Leatt, designer of the Leatt-Brace® and Chief Executive Officer of Leatt Corporation, stated, “The Fiscal Year 2008 financial results are encouraging to LC management given the economic slowdown during 2008; we see a softening of sales of our product as the slowdown widens in the motor sports industry in late 2008 and in 2009. Our goal is to comply with the financial requirements necessary to achieve greater liquidity and exposure for the Company’s common stock.”

About Leatt Corporation

Leatt Corporation engages in the design and development of cervical spine protection equipment for various forms of motor sports. The Company offers Leatt-Brace®, a neck brace to prevent or lessen the severity of motor sport injuries to the neck. It sells its products through Internet and sales representatives worldwide. The Company was incorporated in March 2005.

Safe Harbor Statement

This release may contain certain “forward-looking statements” relating to the business of Leatt Corporation and its subsidiary companies (collectively, the “Company”). All statements, other than statements of historical fact included herein are “forward-looking statements,” including statements regarding: the Company’s ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “seeks,” “intends,” or “projects” or similar expressions, involve known and unknown risks and uncertainties. Historical financial results are not, under current economic conditions, indicative of possible future results. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company’s control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.