Slinger Extends Distribution Agreement with Tennis Bot in the Philippines


The leading Asian racquet sports distributor is extending another one of its key Asian market distribution agreements with Slinger

BALTIMORE, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Slinger® (OTCQB: SLBG), a leading connected sports technology company, today announced an extension to its distribution agreement with Tennis Bot in the Philippines, a leading racquet sports distributor in Asia who has been representing Slinger across Indonesia, Hong Kong, Malaysia and Singapore, in addition to the Philippines. Slinger and Tennis Bot recently announced an extension to their distribution partnership for Indonesia as well, as Slinger has been pleased with Tennis Bot’s performance as their leading distributor in several key Asian markets.

Tennis Bot is a leading provider of innovative experiences for tennis players who want to improve their game and have more fun on the court. Initially started in Singapore, Tennis Bot has expanded across the Asia-Pacific Region and now serves customers located in 14 different countries, including the Philippines.

"We continue to see great demand for Slinger across the Asian markets we represent them in,” said Tennis Bot Regional Manager Stephane Pianigiani. “Our goal of growing interest in tennis and participation in the sport in the Filipino and other key Asian markets we serve is very important to us, especially now as we look to capitalize on the renewed interest in the sport over the past several years. The Slinger Bag is already available for purchase in-store or online here."

Tennis participation and interest across the Philippines is on the rise, and the country is seeing greater representation internationally throughout the sport. The number 2 ranked junior in the world, Alex Eala, has won Junior Grand Slam titles in both 2020 and 2021, and rising Canadian star Laylah Fernandez proudly displays her Filipino roots as well.

“The fact we are extending another partnership agreement with Tennis Bot speaks to our trust in them and overall satisfaction with the work they have done representing Slinger already,” said Mike Ballardie, CEO of Slinger. “As I have said before, the reason I joined Slinger was first and foremost the potential that the Slinger Bag has to attract new players to the sport and completely reimagine the training and playing experience for tennis players all over the world. I look forward to aligning our company with the right growth partners, such as Greg and his team, to further that mission, all over the world.”

The Slinger Bag has quickly become one of the most sought-after consumer tech products in tennis, receiving widespread acclaim in the process and is now sold in 65+ countries on five continents and has achieved distribution deals worth over $250M over the next five years.

The Slinger Bag is available to order now - to find out more about Slinger Bag, visit https://slingerbag.com.

ENDS

For Slinger Investor Relations inquiries visit www.slingerbagir.com, or contact investors@slingerbag.com or 443-407-7564

For Slinger media enquiries contact the Press Office at Press@slingerbag.com 443-407-7564

Slinger® is a leading connected sports company focused on delivering innovative, game improvement technologies and equipment across tennis and other ball sports. Slinger® enhances the skill and enjoyment levels of players of all ages and abilities and is initially focused on building its brand within the global tennis market, through its Slinger Bag® Tennis Ball Launcher and Accessories. Slinger has underpinned its proof of concept with over $250M of retail value in global distribution agreements since the Spring of 2020 for the Slinger Bag®. Led by CEO Mike Ballardie, the former Prince CEO and Wilson EMEA racquet sports executive, Slinger® is disrupting what are traditional global sports markets with its patented, highly transportable, and affordable Slinger Bag® Launcher and its suite of connected app and SaaS services.

Slinger Bag Disclaimer: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not strictly historical are “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the Company’s products and services, the ability to complete development plans in a timely manner, changes in relationships with third parties, product mix sold by the Company and other factors described in the Company’s most recent periodic filings with the Securities and Exchange Commission, including its 2019 Annual Report on Form 10-K and quarterly reports on Form 10-Q.

Forward-Looking Statements: This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company's product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statement that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions.

These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential, "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Attachment


slinger-tennis-ball-launch-bag-kaufen-ace-distribution-1-600x600-1