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Slinger Enters Puerto Rico with New Distribution Agreement

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Slinger (OTCQB: SLBG) has announced a distribution agreement with Trading and Logistics Group Inc. to market its Slinger Bag across Puerto Rico. The partnership aims to enhance brand awareness among tennis players, leveraging grassroots campaigns targeting retail outlets and players at all levels. The Slinger Bag, known for its innovation in tennis training, has achieved over $250 million in distribution agreements globally since 2020, underscoring its growing popularity in over 60 countries.

Positive
  • Distribution agreement with Trading and Logistics Group Inc. expands brand presence in Puerto Rico.
  • Slinger Bag has achieved over $250 million in global distribution agreements.
  • Increased interest in tennis due to the pandemic positions Slinger to capitalize on market demand.
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  • None.

With over 25 years of experience representing leading tennis and consumer brands, San Juan-based Trading and Logistics Group Inc. will bring the Slinger Bag and Slinger brand to tennis players across the region

BALTIMORE, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Slinger® (OTCQB: SLBG), a leading connected sports technology company, today announced its latest distribution agreement with Trading and Logistics Group Inc. to bring the Slinger Bag and Slinger Brand to tennis enthusiasts throughout Puerto Rico. Trading and Logistics Group Inc. was founded by Tony Esteves with the mission to represent great products in tennis, sports, and consumer goods in Puerto Rico, and works with brands such as DIADEM Tennis in addition to Slinger. Based in San Juan, Trading and Logistics Group Inc will work closely with Slinger to roll-out a grassroots campaign aimed at building awareness for Slinger at leading tennis retailers and with amateur and recreational players, college players as well as top coaches.

“We are always proud to put another pin in the tennis map at Slinger,” said Mike Ballardie, CEO of Slinger. “Tennis is truly a global sport, and Puerto Rico has a number of stars on the international stage, and, like many places around the world, a recent increase in interest in the sport, driven by the pandemic and the desire to compete, stay fit and play sports in a safe and distanced manner. We believe Slinger is well positioned to keep that enthusiasm growing in the sport in the coming years, and to making training and practicing more accessible for tennis players in Puerto Rico.”

Puerto Rico has been well represented on the international stage by tennis stars, from Gigi Fernandez to Monica Puig, who captured the first ever Gold Medal at the 2016 Olympic Games (Fernandez won multiple Gold Medals in the 1990’s representing the United States). “The current tennis environment here in Puerto Rico is very enthusiastic,” said Tony Esteves, Founder of Trading and Logistics Group Inc. “We are excited to join with Slinger to bring their innovative products serving the tennis market to the many tennis players in Puerto Rico.”

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 60+ 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 is the latest news about Slinger (SLBG)?

Slinger (SLBG) has entered a distribution agreement with Trading and Logistics Group Inc. to bring Slinger Bag products to Puerto Rico.

How much has Slinger (SLBG) achieved in distribution agreements?

Slinger has secured over $250 million in distribution agreements for the Slinger Bag since 2020.

Why is the partnership with Trading and Logistics Group Inc. important for SLBG?

The partnership aims to enhance brand awareness and increase sales among tennis players in Puerto Rico.

What market does Slinger (SLBG) target with the Slinger Bag?

Slinger targets tennis enthusiasts, retailers, amateur players, and coaches to expand its market presence.

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