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Slinger Enters Poland with New Distribution Agreement

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Slinger (OTCQB: SLBG) has expanded its distribution agreement with Framework Sports to enter the Polish market. Framework Sports has established a Polish subsidiary, led by Mark Jarvis, to introduce the Slinger Bag, a popular tennis ball launcher, to Poland's growing tennis community. With over 300,000 active tennis players reported by the Polish Tennis Federation, the market presents significant potential. The Slinger Bag, now available in over 65 countries, has generated distribution deals exceeding $250 million. The partnership aims to replicate the success seen in the UK tennis market.

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  • Entry into the Polish market may boost brand recognition and sales.
  • Framework Sports' experience in the UK could lead to effective distribution strategies.
  • Poland has a growing base of over 300,000 active tennis players.
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Framework Sports, Slinger’s distribution partner in the UK, has established a Polish subsidiary to bring the Slinger Bag to the Polish tennis market

BALTIMORE, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Slinger® (OTCQB: SLBG), a leading connected sports technology company, today announced its latest distribution agreement with Framework Sports to bring the Slinger Bag into Poland. Framework Sports has established a Polish subsidiary of its UK-based operations, led by Mark Jarvis, the Chairman of the Polish subsidiary. Slinger continues to expand its international footprint with key distribution deals, and Framework Sports has been the exclusive UK distributor for the brand since May of 2020.

“We are thrilled to be expanding on our relationship with Slinger,” said Mark Jarvis, the Chairman of Framework Sports Poland. “We have had great success with introducing the Slinger brand and Slinger Bag to the UK tennis market and look forward to applying our experiences to Poland and its growing tennis market. We are also thrilled to be working with Jarek Duda, an expert on all things tennis in Poland, including previous Davis Cup experience having worked with the Polish team.”

In 2019, the Polish Tennis Federation reported over 300,000 active tennis players in the country, and that figure is on the rise. Two young tennis stars hailing from Poland have put the country on the map in recent years: Iga Świątek, who won the French Open in 2020 and currently is ranked #9 on the WTA Tour, and Hubert Hurkacz who has won 3 titles this year (Metz, ATP Masters 1000 Miami, and Delray Beach) and reached the ATP Tour Finals in Turin, and is currently ranked #9 on the ATP Tour.

The leadership team at Framework Sports has over 30 years of experience of distribution for leading brands in the sports industry, and almost two years of experience working with Slinger in the UK.

“We are proud to expand our relationship with Mark and the Framework Sports team. They have done an incredible job representing Slinger in the UK, and we are eager to see what we can do together in Poland,” said Mike Ballardie, CEO of Slinger. Every country we add furthers us on our mission to bring the most portable, accessible and affordable tennis ball launcher to every tennis enthusiast in the world. The Slinger Bag is the perfect playing partner for tennis players of all ages and abilities.”

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 in U.S & Canada contact the US Press Office, Brigid Margeson, bmargeson@uproarpr.com, at Uproar PR, 415.939.8779 

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

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.

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FAQ

What new market is Slinger Bag entering?

Slinger Bag is entering the Polish market through a new subsidiary established by Framework Sports.

What is the significance of the Polish Tennis Federation's report?

The Polish Tennis Federation reported over 300,000 active tennis players, indicating a growing market for tennis products like Slinger Bag.

Who is leading the Polish subsidiary for Slinger Bag?

Mark Jarvis is leading the Polish subsidiary of Framework Sports.

What is the expected impact of Slinger Bag's expansion into Poland?

The expansion aims to replicate the successful distribution strategies used in the UK and cater to the growing Polish tennis market.

How many countries currently sell the Slinger Bag?

The Slinger Bag is currently sold in over 65 countries across five continents.

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