Slinger Bag Moves into Key Gulf States and Beyond

Slinger Bag Expands into Gulf Cooperation Council (GCC) Markets with Leading Sports Distributor Color Sports Inc.

 

BALTIMORE, Dec. 07, 2020 (GLOBE NEWSWIRE) — Slinger Bag (OTC: SLBG), the innovation-based sports brand focused on game improvement equipment for all ball sports, with an initial focus on the global tennis market, has today announced an exclusive five-year distribution agreement with leading sports distributor, Color Sports Inc., to cover the Gulf States: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (UAE). The exclusive agreement also includes other regional markets: Egypt, Tunisia, Pakistan, Maldives, and Sri Lanka.

 

Operating across the Middle East, North Africa, and South East Asia, Color Sports, Inc. is a sports specialist company, with over 30 years of experience in the sector, operating both as a specialty sports distributor, brand licensee as well as e-retailer. Color Sports already operates as a regional licensee for several key tennis brands and sees the addition of the exclusive Slinger Bag distribution as complementary to these as it fulfills its mission to bring the world’s best ball sports brands to the fast-growing markets within its remit.

 

Under the terms of the new partnership, Color Sports will be the exclusive distributor of the exciting new, game-changing Slinger Bag tennis product in its designated territories and it expects consumer sales of Slinger Bag within these regions will commence by January 2021.

The new distribution agreement comes on the back of the recent bilateral normalization agreements signed by Israel, the UAE and Bahrain, which have begun to pave the way for the regional countries to forge new opportunities. Slinger Bag, which was founded in Israel, has capitalized on the huge uptick of interest for Israeli technology and products and is one of the first Israeli-founded companies to announce distribution agreements that will encompass the whole region.

 

“We are very excited to represent Slinger Bag. More importantly, we are looking forward to this partnership and working together to promote tennis in these regions and perhaps helping produce future Grand Slam champions,” commented Rafi Farooqui, Director Color Sports, Inc.

Slinger Bag has taken the international tennis industry by storm since launching in Spring 2020, receiving widespread critical acclaim in the process. The product has quickly achieved distribution via a partner network on every continent and has surpassed order forecasts throughout the world.

 

Slinger Bag enables tennis enthusiasts to get out on the court to play at any time without the need to find a playing partner – whether that be at their club, local park, on their driveways or in any other available open space. Slinger is designed to be lightweight, wheeled as a trolley bag and easily transported in the trunk of the smallest saloon or sedan car.

 

This proprietary design empowers players to set up and start launching balls within minutes, to control both the launch speed and the frequency of the balls using two customizable dials and vary the angle of elevation to suit groundstrokes, lobs or even, in the Ball Boy mode, to practice serves. Slinger Bag is lightweight at 15kg/33 lbs. and multi-functional, holding racquets and other gear, 72 tennis balls, and has pockets for storing wallets, keys, towel, and a water bottle and is impressively affordable.

 

“We continue to rapidly expand the reach of Slinger to meet our increasing global demand and our association with Color Sports, who cover a wide territory base in-depth, means that Slinger Bag will soon be available in these key and emerging tennis markets through one distributor relationship. Color Sports is a great partner for Slinger Bag for these important markets and brings with them tremendous market credibility and a strong passion and belief for our product and, as such, is uniquely positioned to provide Slinger Bag with the platform for our continued growth. said Mike Ballardie, CEO of Slinger Bag.

 

To find out more about Slinger Bag, visit https://slingerbag.com.

 

For the latest information on when Slinger Bag will be available in GCC and other regional markets please sign up using this form.

 

For Investor Relations inquiries contact investors@slingerbag.com or 443-407-7564

 

For U.K, Europe and Australia contact the UK Press Office, Joe Murgatroyd, Press@slingerbag.com, at BrandNation, +44(0)207 940 7294

 

For U.S & CANADA., please contact the U.S. Press Office, Meryl Rader, meryl@cgprpublicrelations.com, at CGPR, 908-528-3826

 

Slinger Bag Legal Counsel: Kalfa Law. Contact: shira@kalfalaw.com 

 

About Slinger Bag®: Slinger® is a new sports brand focused on delivering innovative, game improvement technologies and equipment across all Ball Sport categories. With the vision to become a next-generation sports consumer products company, Slinger® enhances the skill and enjoyment levels of players of all ages and abilities. Slinger® is initially focused on building its brand within the global Tennis market, through its Slinger® Tennis Ball Launcher and Accessories. Slinger® has underpinned its proof of concept with in excess of  $1 Million in orders of its Tennis Ball Launcher. Led by CEO Mike Ballardie (former Prince CEO and Wilson EMEA racquet sports executive) Slinger® is now primed to continue to disrupt what are traditional global markets with its patent-pending, highly transportable and affordable Slinger® Launcher.

 

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.


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