Altitude International, Inc. Enters into Revised and Restated License Agreement with Sporting Edge UK Ltd., Inc
January 28, 2019 at 11:47 pm IST
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On January 25, 2019, Altitude International, Inc. entered into a Revised and Restated License Agreement with Sporting Edge UK Ltd., Inc. through which the Licensor licensed the ability to manufacture and sell rights to the full range of membrane-based systems for the production of reduced oxygen environments and associated services as well as the use of patents and trademarks held by SEUK or its principal. The Agreement modified the original License Agreement between the parties executed in 2017 by, among other things, reducing the annual fee to $1.00, waiving all fees due under the original agreement and requiring certain training commitments from SEUK.
Altitude International Holdings, Inc (Altitude) is a vertically integrated high-performance sports, education, and technology company. The Company owns and operates sports training and educational institutions, manufacture oxygen training chambers and manufacture atmospheric water generators. Altitude has specialized in creating engineered, membrane-based designs for simulated altitude training environments. The product line ranges from personal at home use machines to fully integrated environmental rooms and chambers, and has been used by colleges, the National Football League (NFL) and National Basketball Association (NBA). The Company operates in various business divisions through its subsidiaries, mainly within performance training and specialized academic environments. Altitude sports properties consist of Altitude Academies, Altitude Volleyball, CMAS, and NMBA. Altitude Academies provides tennis, golf, soccer, beach volleyball, and indoor volleyball programs.
ALTITUDE INTERNATIONAL HOLDINGS, INC. 
