Connexa Sports Announces Major Platform Partnership


Connexa Sports to become the Official Tennis Analytics Partner of the Rhineland Tennis Federation in Germany, and with a full Connexa Sports integration including ball launchers, connected camera systems and proprietary AI analysis

BALTIMORE, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: CNXA) (www.connexasports.com) is pleased to announce an integrated technology partnership with Rhineland Tennis Federation (Tennis Verband Rheinland, or TVR), a leading tennis federation and academy in Germany. Through this partnership, Connexa will become the Federation’s ‘Official Tennis Analytics Partner,’ as well as bring its suite of technologies and products to the nearly 40,000 coaches and members. This roll-out includes connected camera systems for pro-level live streaming and performance video, ball launchers for training and on-court work, and AI capabilities for personalized biomechanical and match play analysis.

“This is our first major, integrated Connexa Sports partnership with several of our portfolio brands, products, and technologies, and shows the variety of ways we help to serve the sport of tennis, particularly at the coaching and high-performance level,” said Connexa Sports CEO Mike Ballardie. “We look forward to working with the TVR coaches and its playing members to further build out our tennis analytics and ensure that our products and technologies continue to meet the demands of today’s tennis enthusiast.”

Besides its large membership base of close to 40,000 tennis players, TVR is well-known in Germany for its quality coaching and development of young tennis players between the ages of 6 and 18. Head coach Sascha Müller has a long history of working closely with junior tennis players, as well as professionals playing on the ATP and WTA Tours. Besides the highly-regarded junior tennis program, TVR also started its own tennis academy in 2018 to work with players who are already playing on the ITF and ATP Challenger Tour to give them the best possible training base between tournaments and in the off-season.

“We are thrilled to take our tennis federation and academy to new levels with Connexa Sports,” said TVR Managing Director Lothar Markus. “Our coaches are excited to add these new capabilities to their on-court work and our player development process as a whole. From video, individualized analytics to Slinger ball launchers for training, we look forward to working with the Connexa Sports team to maximize the performance and achievements of our players.”

“I am very familiar with both the PlaySight technology and Slinger Ball Launchers, and have many ideas for how these will enhance TVR,” said TVR Head Tennis Coach Sascha Müller. “Analyzing opponents, reviewing matches and getting insights from that, as well as just visual feedback during coaching sessions will only further enhance our coaching as well.”

“We are looking to this exciting new partnership as a blueprint for how Connexa Sports works with commercial leaders and federations across the sport of tennis,” continued Ballardie. “We have so much to offer all levels of tennis, all with the stated goal of increasing performance, accessibility and enjoyment in tennis.”

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About Connexa Sports Technologies:

Connexa Sports 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 Sports 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.

Contact Information:

investors@connexasports.com

(443) 407-7564

www.connexasports.com

About Tennisverband Rheinland (TVR):

Since its inception in 1947, Tennisverband Rheinland (TVR) has become a leading institution within the German Tennis Federation (DTB). With close to 40,000 members, 360 tennis clubs and a performance center in Koblenz, TVR is based on a strong foundation and also provides young, talented junior players access to highly trained coaches as well as the best training partners in the region. Under the leadership of manager Lothar Markus, head coach Sascha Müller and team, TVR is working closely with its players to guide them through their junior careers and pursue their dreams of becoming professional players.

www.tennisverband-rheinland.de

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 Tags 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.

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