AP NEWS
ADVERTISEMENT
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Slinger Bag Announces Distribution Deal for Malaysia

April 15, 2021 GMT

Tennis Innovator and Disrupter, Partners with Tennis Bot Pte Ltd.
 in Five Year Malaysia Distribution Deal

BALTIMORE, April 15, 2021 (GLOBE NEWSWIRE) -- Slinger Bag Inc (OTCQB: 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 its launch into the Malaysian market via a five-year distribution partnership with Tennis Bot Pte Ltd. 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 Malaysia.

ADVERTISEMENT

Under the terms of the new partnership, Tennis Bot will be exclusive distributor of the exciting new, game-changing Slinger Bag tennis product in Malaysia, and consumer sales of Slinger Bag in Malaysia will commence from summer 2021.

Tennis enjoys a growing profile in Malaysia, supported in depth by the Lawn Tennis Association of Malaysia that has established a world class tennis platform for grassroots and professionals alike. Malaysia also hosts the widely supported Malaysian Open, a professional women’s tennis tournament played on outdoor hard courts and is an International-level tournament on the WTA Tour.

The new announcement follows Tennis Bot’s existing distribution agreement with Slinger Bag covering the Singapore market. Slinger Bag has also secured a number of distribution agreements in other key global tennis markets, including for Australia, Czech Republic, New Zealand, India, Japan, UK, Ireland, Switzerland, Russia, Central Europe and all four Scandinavian markets – a total of nearly 50 markets globally.

The Slinger Bag ball launcher has taken the international tennis industry by storm since launching in Spring 2020, receiving widespread 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 driveway 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.

ADVERTISEMENT

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.

Of the new distribution arrangement, Tennis Bot’s Founder, Greg Experton says, “We are really honored to be appointed exclusive distributor for Malaysia to work alongside our existing arrangements for Singapore. At Tennis Bot we are passionate about bringing innovative tennis products from around the world to tennis players in Asia and Slinger Bag is one of the most exciting tennis products we have come across in recent years.”

“Tennis Bot provides Slinger Bag with a unique platform and the ideal opportunity to target the Malaysian tennis market. The company really understands Slinger Bag’s potential to grow tennis participation in the growing Malaysian market.” says Mike Ballardie, CEO of Slinger Bag. “It’s great to have them onboard as Slinger Bag builds global momentum and establishes itself as tennis’s standout success story.”

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

ENDS

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

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

For Slinger Bag media enquiries in U.S & CANADA contact the US Slinger Bag Press Office, Brenna Byrne at UpRoar PR,  bbyrne@uproarpr.com  312-607-8117. 

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

About Slinger Bag®: 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 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 patented, 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.