Racquet Sports Industry magazine recognizes Slinger CEO

Appointed to 2021 “Tennis Champions” winners, Ballardy Led Slinger’s impressive revenue growth and three recent technology acquisitions

BALTIMORE, December 16, 2021 (GLOBE NEWSWIRE) – slinger® (OTCQB: SLBg), a leading connected sports technology company, today announced that its CEO, Mike Ballardie, has been named Business Executive of the Year for 2021 by Racket Sports Industry magazine, with an article in the magazine January 2022 issue. Over the past 12 months, Ballardie has led Slinger through a period of growth reflected in the company’s sales results and led the acquisitions of PlaySight Interactive, GAMEFACE.AI and Foundation Tennis, laying the groundwork for evolution. towards a disruptive and innovative connected sports company. .

The 21st edition of the magazine “Tennis Champions PrizeThe list honors individuals, businesses and organizations dedicated to improving the sport and business of tennis. “Mike’s leadership throughout this growing year for Slinger is not only fueling the future of the company, but has also helped inspire and connect tennis players and our industry in new ways. ” noted Racket Sports Industry Editor Pierre Francesconi. “We are thrilled to name him our Commercial Director of the Year and look forward to seeing Slinger’s continued growth and progress. “

“I am both honored and motivated by this recognition because the tennis industry has meant so much to me over the past 30 years, and the past few years in particular,” noted Mike Ballardy, CEO of Slinger. “Since stepping in to lead Slinger, it’s been a whirlwind in every sense of the word, from creating a new product and a new category to launching into a global market, all in the midst of a pandemic. Our success is no accident. We have an exceptional team, a product people love and, above all, a desire to serve today’s tennis enthusiasts to an unmatched level. Add to that our recent acquisitions and bold plans for tennis and other vertical sports, we are just getting started. “

Slinger’s strong growth this year was recently highlighted by a new weekly sales record in its Black Friday / Cyber ​​Monday promotion, which grossed the company $ 1.2 million in direct-to-consumer sales from his Slinger Bag ball launcher. To follow up on this, the company just declared a record quarter with sales and profits up more than 100% year-over-year, generating revenue of $ 5.5 million.

The Slinger Bag quickly became one of the most sought-after consumer technology products in tennis, receiving widespread acclaim in the process and is now sold in more than 70 countries on five continents and has entered into distribution agreements of a worth over $ 250 million over the next five years. .

The Slinger Bag is available to order now – to learn more about the Slinger Bag, visit https://slingerbag.com.

ENDS

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

For Slinger media inquiries, please contact the press office at [email protected] 443-407-7564

slinger® is a leading connected sport company focused on providing innovative game improvement technologies and equipment for tennis and other ball sports. slinger® improves skills and enjoyment levels for players of all ages and abilities and initially focuses on building his brand in the global tennis market, through his Slinger bag® Tennis ball launcher and accessories. Slinger Has Backed Its Proof Of Concept With Over $ 250 Million In Retail Value Under Global Distribution Agreements Since Spring 2020 For The Slinger Bag®. Led by CEO Mike Ballardie, Former Prince CEO and Racquet Sports Director Wilson EMEA, Slinger® disrupts traditional global sports markets with its patented, highly transportable and affordable Slinger bag® Launcher and its suite of connected applications 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 only predictions, and actual events or results may differ materially from those projected in these forward-looking statements. Factors which could cause or contribute to differences include uncertainty regarding the 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, the range of products sold by the Company and other factors described in the Company’s most recent periodic documents to the Securities and Exchange Commission, including its 2019 Annual Report on Form 10-K and reports quarterly 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 the Private Securities Litigation Reform Act, as amended, including those relating to the Company product development, clinical and regulatory timelines, market opportunities, competitive position, possible or expected future operating results, business strategies, potential growth opportunities and other statements of a predictive nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections regarding the industry and markets in which we operate and on the current beliefs and assumptions of management.

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