VANCOUVER, British Columbia, March 18, 2019 (GLOBE NEWSWIRE) -- SiQ Mountain Industries Inc. (TSXV: SIQ) (the
“Company” or “SiQ”) is pleased to report that the Company has entered the marketing and sales stage of its business development
plans for its new proprietary adjustable camber device for snowboards known as the SiQRockerTM. The
SiQRockerTM will be introduced and demonstrated at the following upcoming events:
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SEISMIC Spring Mountain Festival at Silver Mountain Resort, BC from March 22 to 24, 2019 and March 29 to 31,
2019 (www.seismicfest.ca)
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Snowbombing Canada at Sun Peaks Resort, BC from April 5 to 7, 2019 (www.snowbombingcanada.com)
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World Ski & Snowboard Festival at Whistler, BC from April 10 to 14, 2019 (www.wssf.com)
As previously announced, the SiQRockerTM is the Company’s first market ready product that provides a
convenient way to adjust the camber profile of a snowboard for optimal performance on either powder or hard-packed snow. A
snowboarder will now be able to quickly and easily adjust their snowboard profile with the turn of a dial and without exiting their
bindings. The SiQRockerTM is believed to provide a unique on-mountain advantage to users of snowboards and a PCT patent
application has been filed.
The Company will receive its first 1,000 consumer units shortly. Customers can source the SiQRockerTM
through the Company’s online order program by visiting www.siqrocker.com. Management is currently developing its roll-out model to address retail
distribution later this year.
Peter Hughes, CEO of the Company, comments “The Company has successfully implemented its production model and
the upcoming marketing events are an important piece of our launch strategy and our capacity to fulfill initial market-demand for
the SiQRockerTM. Our SiQRockerTM has the potential to dramatically improve the performance of up to 30
million* snowboards in our worldwide market. This gives SiQ a keystone product to begin its financial growth from business
activities on behalf of our stakeholders.”
On behalf of the Board of Directors,
Peter Hughes, CEO and President
*Sources: snowsports.org, skicanada.com, boardsportsource.com
About SiQ Mountain Industries Inc.
The Company is an early-stage development organization focused on the creation and distribution of a unique
brand of products for outdoor athletic entertainment in domestic and international markets.
For a more complete business and financial profile of the Company, please view the Company's website at
www.siqmountain.com and documents posted under the Company’s profile on www.sedar.com.
Legal Notice Regarding Forward-Looking Statements and Information: This news release contains
“forward-looking statements and information” within the meaning of applicable securities laws. Forward-looking statements are
indicated expectations or intentions. Forward-looking statements in this news release include without limitation: that the
Company’s patent application will be accepted and protect the SiQRockerTM design; that the SiQRockerTM will
be introduced and demonstrated at the events listed; that snowboarder will now be able to quickly and easily adjust their snowboard
profile with the turn of a dial and without exiting their bindings; that the SiQRockerTM is believed to be a unique
on-mountain advantage to users of snowboards; that the Company is developing its roll-out model to address retail distribution
later this year. Although the Company believes its anticipated future results, performance, or achievements expressed or implied by
the forward-looking statements are based upon reasonable assumptions and expectations, they can give no assurance that such
expectations will prove to be correct. The reader should not place undue reliance on forward-looking statements as such statements
involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements
of the Company to differ materially from anticipated future results, performance, or achievements expressed or implied by such
forward-looking statements. Such risks and uncertainties include, without limitation: the risk that the Company’s technology and
products may not work as well as expected; demonstration opportunities may be cancelled for any number of reasons; we may be unable
to distribute our product through retail outlets this year; the Company may not be able to break into new markets, because such
markets are served by strong and embedded competitors; the products may not be well accepted by consumers; the Company may not be
able to grow and sustain anticipated revenue streams; the Company may have underestimated the cost of production and the time it
takes to bring products to market; the Company may not be able to finance its intended product development; the Company’s products
may not sell as well as expected, and competitors may offer better or cheaper alternatives to their products; the Company’s
technologies may not be patentable and, if patents are granted, the Company may not protect their investment in intellectual
property if their patents are challenged; the Company’s intended technologies may infringe on the intellectual property of other
parties; and the Company may not have any parties interested in distributing their products and, even if they have distributors,
the Company may not be able to break into the international market. Except as required by law, the Company does not intend to
update the forward-looking information and forward-looking statements contained in this news release.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information, please contact:
Peter Hughes, CEO and President
hughes@siqmountain.com
