Slinger Bag Continues Global Expansion With India Deal

BALTIMORE, Nov. 24, 2020 (GLOBE NEWSWIRE) — Slinger Bag (OTC: SLBG), a sports brand focused on innovating game improvement equipment for all ball sports with an initial focus on the global tennis market, has today announced a 5 year distribution agreement to cover the Indian market with Racquets4U, a highly rated and fast growing racquets specialist e-tailer focused on serving the needs of racquet sports lovers in India.
Under the terms of the new agreement, Racquets4U will be the exclusive distributor of the exciting new, game-changing Slinger Bag tennis product in India.Tennis is popular in India, especially in urban areas, and in recent years there has been an injection of momentum into grass roots growth initiatives. Racquets4U believes Slinger Bag can be a key tool in supporting this momentum amongst Indian tennis players of all ages and abilities.Besides having a very strong online presence, Racquets4U runs comprehensive marketing and grassroots programs to support the growth of racquet sports in India, including tennis. It boasts an extensive network, encompassing players, coaches, opinion leaders, and state and national federations. Racquets4U can also leverage the network of its affiliate Delux Sports, a premier sports company with exclusive licensee and distribution rights for global sports brands including HEAD.The new announcement follows recent strategic Slinger Bag distribution agreements in other key global tennis markets covering the Americas, Europe, Asia and Oceania.Slinger Bag has taken the international tennis industry by storm since launching in Spring 2020, receiving widespread critical acclaim in the process. Slinger Bag enables tennis enthusiasts to get out on 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 like 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.Mike Ballardie, CEO of Slinger Bag, says, “Racquets4U provides Slinger Bag with a truly comprehensive platform for launching Slinger Bag to the Indian tennis community and its massive market potential. We value the company’s multichannel set up and enthusiasm for our product and I am convinced they are the right partner for us to replicate in India the massive success that Slinger Bag enjoys in other global markets.”The Slinger Bag is available to order now – to find out more about Slinger Bag, visit https://slingerbag.com.For the latest information on when Slinger Bag will be available in India please sign up using this form.ENDSFor Investor Relations inquiries contact investors@slingerbag.com or 443-407-7564For U.K, Europe, New Zealand and Australia contact the UK Press Office, Joe Murgatroyd, Press@slingerbag.com, at BrandNation, +44(0)207 940 7294For U.S & CANADA., please contact the U.S. Press Office, Meryl Rader, meryl@cgprpublicrelations.com, at CGPR, 908-528-3826Slinger Bag Legal Counsel: Kalfa Law. Contact: shira@kalfalaw.comAbout 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 Bag^® has underpinned its proof of concept with over $200M of retail value in global distribution agreements since the Spring of 2020. 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. 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