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IMG Academy Expands Partnership with PlaySight, Bringing Connected Camera Sports Technology Platform to Tennis Facilities

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Connexa Sports Technologies Inc. (CNXA) announces an expanded partnership with IMG Academy, integrating PlaySight Interactive’s technology into the academy’s tennis program. With this partnership, all 55 tennis courts at IMG's Bradenton, Florida campus will utilize PlaySight's cutting-edge video tech for live streaming and performance analytics. Previously established in 2020 for baseball, the collaboration aims to enhance player development and performance. Connexa aims to leverage its 'Watch, Play, Learn' strategy to create substantial value in the sports training sector.

Positive
  • Expansion of partnership with IMG Academy enhances technology integration in tennis.
  • PlaySight's technology to be used on all 55 tennis courts, improving player performance and analytics.
  • Connexa aims to capitalize on its 'Watch, Play, Learn' strategy, driving value in sports training.
Negative
  • None.

Connexa Sports secures a key partnership in its flagship sport of tennis; PlaySight’s industry-standard video tech will drive live streaming and performance tech capabilities on all 55 tennis courts

BALTIMORE, June 09, 2022 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (OTCQB: CNXA) (www.connexasports.com) is pleased to announce that its wholly owned subsidiary, PlaySight Interactive (www.playsight.com) is expanding its partnership with the world-renowned IMG Academy. PlaySight first partnered with IMG Academy back in 2020 through its baseball program, who rely on PlaySight’s pioneering sports technology platform for live streaming, remote scouting, and recruiting, as well as player performance and film breakdowns. With the expansion to tennis, PlaySight is bringing its tech to IMG Tennis and all 55 of its courts at the Bradenton, Florida campus.

IMG Academy, the world’s most prestigious sports, performance, and educational institution, continues to be a trendsetting destination for high school age athletes. With state-of-the-art facilities for all athletes, sport-specific training and a nutrition department, the benchmark for high school sports begins and ends in Bradenton. 

“PlaySight is going to take IMG Tennis to a whole new level,” said Amar Vora, the Tennis Program Manager at IMG Academy. “We know how much our baseball program has benefitted from the technology, and we also know the strong reputation PlaySight has garnered over the years throughout collegiate and high-performance tennis. We are going to give our student-athletes and coaches the tools they need to improve faster and perform better, ultimately helping them reach the next level in their respective tennis careers.”

PlaySight provides the video technology and live streaming capabilities for over 100 collegiate tennis programs and leading tennis federations, academies, and facilities all over the world. Hundreds of thousands of athletes, coaches, teams, colleges, and sports facilities utilize PlaySight every day for automated production live stream broadcasts, multi-angle video recording, performance analysis, content monetization and much more. Since inception in 2015, it has become the standard for high-quality sports video throughout the industry.

“IMG Academy has been a great partner to us over the past few years, from JT Musso’s leadership to now working with Amar and the world-class tennis academy,” said PlaySight VP Scott McMeekin. “There isn’t a better facility for us in sport – as a high-performance company focused on innovation and bringing the very best tech to all levels of sport, IMG, its coaches and student-athletes push us to be our best.”

“IMG Tennis is a true leader in the sport in terms of player development, high performance and innovation, and we are thrilled to continue expanding in our flagship sport,” said Connexa Sports CEO Mike Ballardie. “Our Watch, Play, Learn strategy is an ideal fit for IMG Academy, as our tech ecosystem drives value across each of those three commercial activities, from live streaming to performance video and coaching and training tools.”

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About Connexa Sports Technologies

Connexa Sports (CNXA) is a leading connected sports company delivering products, technologies, and services across the ‘Watch, Play, Learn’ commercial and subscription-as-a-service activities in sports. Digital disruption is restructuring how sports are enjoyed, consumed, and monetized, and Connexa is well positioned to capitalize on this with its portfolio of brands: Slinger, PlaySight Interactive, GAMEFACE.AI and Foundation Tennis.

With over one million users across its platform, Connexa’s mission is to reimagine sports through technological innovation and an unwavering focus on today’s sports consumer.

Forward-Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that are based on management’s beliefs and assumptions and on information currently available to management. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by forward-looking statements. Forward-looking statements in this press release may include statements about our plans to obtain funding for our current and proposed operations and potential acquisition and expansion efforts; the ultimate impact of the COVID-19 pandemic, or any other health epidemic, on our business, our clientele or the global economy as a whole; debt obligations of the Company; our general history of operating losses; our ability to compete with companies producing products and services; the scope of protection we are able to establish and maintain for intellectual property rights covering our products and technology; the accuracy of our estimates regarding expenses, future revenue, capital requirements and needs for additional financing; our ability to develop and maintain our corporate infrastructure, including our internal controls; our ability to develop innovative new products; and our financial performance. In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. We qualify all of our forward-looking statements by these cautionary statements. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our periodic filings with the Securities and Exchange Commission.

Contact:
investors@connexasports.com
(443) 407-7564
www.connexasports.com

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FAQ

What recent partnership did Connexa Sports Technologies announce?

Connexa Sports Technologies announced an expanded partnership with IMG Academy to integrate PlaySight's technology into their tennis program.

How many tennis courts at IMG Academy will use Connexa's technology?

All 55 tennis courts at IMG Academy will utilize Connexa's PlaySight technology.

What benefits does PlaySight's technology provide?

PlaySight's technology offers live streaming and performance analytics, enhancing player development.

What is the ticker symbol for Connexa Sports Technologies?

The ticker symbol for Connexa Sports Technologies is CNXA.

When was the initial partnership between PlaySight and IMG Academy formed?

The initial partnership between PlaySight and IMG Academy was formed in 2020.

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