Power Balance Stands by Our Products

LAGUNA NIGUEL, Calif., Jan. 7, 2011 /PRNewswire/ -- The following is a letter from Keith Kato, President of Power Balance, LLC.

"Power Balance stands by our products," said Keith Kato, President of Power Balance, LLC. "Millions of people around the globe are wearing Power Balance products and are thrilled with the results. Dozens of high profile professional athletes swear by the results they've experienced from wearing our products." CNBC recently named Power Balance as the "Sports Product of the Year for 2010." Our bracelet was also one of Amazon's 'Top 5 Best Sellers' during the recent holiday shopping season. We are the clear leader in the market for performance technology accessories and we owe it all to our customers who wear and believe in the product.

That said, there has been some negative press about our products coming out of Australia recently, followed by a class action law suit filed here in the US based on those misstatements, and we wanted to set the record straight.

Contrary to recent assertions in the Australian press, Power Balance has made no claims that our product is ineffective. This is simply untrue. The truth is that, apparently, some previous marketing claims and ads in Australia were not up to ACCC standards. Changes were voluntarily made immediately, approved and the issues were believed to have been resolved. We were obviously surprised to see the recent press coming out of Australia followed by a class action lawsuit here in the United States.

"The mission of Power Balance has always been to develop and deliver quality products that enhance people's lives," said Kato. "Our products are based on the idea of optimizing the body's natural energy flow, similar to concepts behind many holistic and Eastern philosophies. Frankly, we know there will always be critics of new technologies, but our products are used by those with open minds who experience real results. Our company is absolutely committed to further evaluating the technology behind its products' performance so that we can continue to offer products that enhance people's lifestyle."  

Power Balance believes and wants users to believe that we will do whatever it takes to appropriately, and with honor and integrity, make our products available to every consumer around the world.

Keith Kato

President, Power Balance LLC

SOURCE Power Balance