BALTIMORE, MARYLAND, Might 16, 2022 — Slinger Bag Inc. (“Slinger” or “Firm”) (OTCQB: CNXA) introduced at this time the transformation of Slinger into Connexa Sports activities Applied sciences Inc. (“Connexa Sports activities”), a linked sports activities know-how firm that brings collectively Slinger, PlaySight Interactive, Ltd. (“PlaySight”) GAMEFACE.AI and Basis Sports activities Methods, LLC (“Basis Tennis”). As a part of this transformation, Slinger redomiciled from Nevada to Delaware and, efficient Might 16, 2022, modified its title from Slinger Bag Inc. to Connexa Sports activities Applied sciences Inc. With its portfolio of firms, and over a million customers on its mixed platform, Connexa Sports activities (www.connexasports.com) is constructing a number one linked client model in sports activities. The corporate can also be updating its ticker image on the OTCQB to “CNXA”.
“I’m thrilled at this time to introduce our new company identification and related operational construction,” mentioned Mike Ballardie, CEO of Connexa Sports activities. “This positions us to benefit from the chance for development within the sports activities tech market, and extra particularly inside our preliminary core verticals of racquet sports activities, baseball, softball and cricket. With over 1,000,000 customers in our ecosystem already, Connexa permits us to develop this client base and serve them with the merchandise, companies, content material and knowledge insights they’re searching for, particular to their sport.”
Powered by the mixing and adoption of automated video, 5G, AI, large knowledge, OTT content material and efficiency analytics in sports activities, Connexa Sports activities is concentrated on turning sports activities services ‘sensible’ by means of its linked digital camera and AI know-how, whereas on the similar time connecting shoppers to their sport with disruptive merchandise and immersive analytics, coaching and taking part in experiences.
WATCH: Led by PlaySight’s automated manufacturing, reside streaming of practices, matches, classes and tournaments, OTT capabilities and content material for fan engagement, digital advertising, betting, knowledge and media suppliers.
PLAY: Reimagining sports activities with the Slinger app tiered subscription companies and the Slinger Bag vary of ball launchers, together with efficiency evaluation and proposals particular to every sport. Powered by disruptive, state-of-the-art gear and a revered world ambassador staff, in addition to facility and membership stage engagement by means of Basis Tennis, all out there to transform to Slinger app customers and Slinger Bag clients.
LEARN: AI and training insights from GAMEFACE.AI, with content material curated to tell, encourage and supply enchancment and delight of sport throughout all applied sciences and merchandise throughout the Connexa ecosystem and paired with Slinger Bag launchers for a full coaching expertise. With over $50 million invested in proprietary AI, automated video and efficiency know-how thus far, Connexa Sports activities has the capabilities to ship services and products for the important thing development areas of sports activities, from media, knowledge and content material to youth sports activities, and throughout its key verticals:
- Tennis, with 21 million lively gamers within the U.S. alone, is likely one of the quick rising participation sports activities with a 22% YoY enhance from ’20-‘21.
- Pickleball, the quickest rising sport in the US (40% YoY enhance).
- Padel, with over 12 million world gamers.
- Baseball and softball, with a mixed 65 million gamers.
- Cricket, with 300 million gamers globally.
“Collaborative product improvement throughout the portfolio manufacturers is already driving innovation inside our core sports activities verticals. As we deepen our providing in tennis, we are going to look to duplicate the linked sports activities platform mannequin and enter new sports activities verticals by bringing industry-leading innovation to gamers and followers by making their sport extra accessible and inexpensive, whereas additionally constructing the infrastructure wanted by sports activities organizations, media firms and betting platforms to supply richer knowledge and insights and a greater expertise to their clients,” concluded Ballardie.
Further income will likely be generated by the PlaySight and Basis Tennis manufacturers past the Watch, Play, Study technique. PlaySight will proceed to construct software-enabled automated video seize merchandise for extra staff sports activities, akin to basketball, soccer and ice hockey, by means of its established footprint throughout greater than 30 sports activities. Basis Tennis may even proceed to promote its membership and facility administration SaaS platform, which incorporates bookings, POS by means of its platform partnership with Sq., and social and group options, into the racquet sports activities market. The Basis Tennis platform opens up entry to its members to transform underneath our Watch, Play, Study industrial actions, whereas offering an ancillary recurring income stream.
To study extra, please go to www.connexasports.com.
