SWIM:CC - SWMBRD Appoints Pollock Sales Group Inc. DBA Riptide Sales Group as Non-Exclusive United States and Caribbean Sales Representative
(TheNewswire)
VANCOUVER, BC – TheNewswire - July 19, 2023: SWMBRD Sports Inc.(CSE:SWIM) (“SWMBRD” or the “Company”) is pleased to announcethat the Company has approved the appointment of Pollock Sales GroupInc., doing business as “Riptide Sales Group” (“Riptide”), asits non-exclusive sales representative in the United States of Americaand the Caribbean ( www.riptidescuba.net ).Riptide will be engaged for a period of twelve months, commencingSeptember 1, 2023, to market and sell the Company’s proprietyswimboard (the SWMBRD) and related products to 1,450 retail DiveStores in the USA and Caribbean. The Company will pay Riptide amonthly merchandising fee of $500.00 and a sales commission of 13%,based on the sales report provided by the Company each month for theprior month’s sales.
About Riptide Sales Group:
Dave Pollock, Riptide’s President, is the former General Manager ofMares S.p.A. ( www.mares.com/en/ ), one of the world’s mosticonic scuba brands, and is the former Vice President of Head SportGmbH ( https://www.head.com/en_US/ ). Riptide is a salesand marketing organization specializing in selling into the retailscuba diving market sector. Riptide represents scuba and other aquaticproducts to more than 1,450 brick-and-mortar dive stores in the USAand Caribbean. Riptide is a prominent exhibitor at the World’slargest Dealer-only Dive Industry Tradeshow, DEMA. ( https://www.demashow.com/DEMA23/Public/MainHall.aspx )
SWMBRD President, Justin Schroenn commented, “We are very pleased tohave concluded this sales representative agreement with Riptide tointroduce SWMBRD to the important USA and Caribbean markets.SWMBRD’s clear synergy with snorkelling, spearfishing and otherrelated aquatic activities makes this relationship a perfect fit, andthe opportunity for increasing consumer awareness of SWMBRD in keymarkets is significant. This step is part of the Company’s globalstrategy of growing the SWMBRD brand through strategic geographicalpartnerships, including licensing, distribution, and salesrepresentation agreements.”
Riptide President, Dave Pollock commented, “My team and I lookforward to introducing SWMBRD into the dive industry. New products andinnovation are key to keeping a market sector vibrant. Scuba divingrequires in-store and open-water training to become a certified diver.This is why we feel that divers will be attracted to SWMBRD, as SWMBRDalso requires a short training session to become competent. Diversunderstand the importance of training or lessons and are open tolearning how to use new cutting-edge products. We are excited aboutthe opportunity to work with SWMBRD and its enthusiastic team.”
About SWMBRD Sports:
SWMBRD Sports Inc. is a Vancouver, B.C.-based sporting goods companylooking to enable millions to rethink their way of recreating in thewater. Management believes that SWMBRD’s proprietary aquatic sportsboard, by virtue of its patented design, is revolutionary in how itempowers the human body in the water like nothing before, giving waterlovers of all ages and abilities the freedom to explore all aquaticenvironments with ease. By offering an aquatic board sport that isversatile, easy to use, easy to store, and which can be used by allages and body types in any body of water (rivers, oceans, lakes andpools), the Company believes SWMBRD and the sport of swimboarding hasthe potential to become one of the most popular board sports in theworld and a tremendous aquatic brand. The Company has refinedmanufacturing techniques most relevant to the SWMBRD and hassuccessfully produced demonstration fleets of fully functioningboards, which have been in rigorous real-world use in Hawaii, Canada,Turkey and Greece. The Company has now commenced large-scale massproduction under an OEM agreement with Tahe Outdoors, Vannes, France -the preeminent board sport manufacturer in Europe.
For further information please contact:
Justin Schroenn – President, Chief Executive Officer and Director
E-mail: justin.schroenn@swmbrd.com
Telephone: 778-870-1497
Matthew Schroenn – Vice President and Director
E-mail: matthew.schroenn@swmbrd.com
Telephone: 604-375 4664
Gareth Schroenn - Vice President
E-mail: gareth.schroenn@swmbrd.com
Telephone: 604-339-2721
Forward-Looking Statements
This news release containsforward-looking statements. All statements, other than statements ofhistorical fact that address activities, events or developments thatthe Company believes, expects or anticipates will or may occur in thefuture are forward-looking statements. Forward-looking statements inthis news release include statements regarding: the Company’sbusiness plan with respect to the production and sale of the SWMBRD;the appointment of Riptide as a non-exclusive sales representative inthe US and Caribbean; the Company’s expectation that therelationship with Riptide will rapidly increase consumer awareness ofSWMBRD in key markets, including the United States and Caribbean; theCompany’s plan to develop its brand and the sport of swimboarding;the expectation that the sport of swim boarding may become one of themost popular board sports in the world, and SWMBRD a great aquaticbrand; and those additional risks set out in the Company’s publicdocuments filed on SEDAR at www.sedar.com. The forward-lookingstatements reflect management’s current expectations based oninformation currently available and are subject to a number of risksand uncertainties that may cause outcomes to differ materially fromthose discussed in the forward-looking statements. Although theCompany believes that the assumptions inherent in the forward-lookingstatements are reasonable, forward-looking statements are notguarantees of future performance and, accordingly, undue relianceshould not be put on such statements due to their inherentuncertainty. Factors that could cause actual results or events todiffer materially from current expectations include, among otherthings: that the Company may be unable to complete large scale massproduction of the SWMBRD or commence any significant retail sales in2023 for various reasons; that the Company will be unable to implementits business plan with respect to the production and sale of itsSWMBRDs; that the appointment of Riptide as non-exclusive salesrepresentative for the Company will not proceed as expected; that therelationship with Riptide fails to meet the Company’s expectations,for various reasons, and in particular, does not serve to increaseconsumer awareness of SWMBRD in the key target markets or otherwise;that the sport of swimboarding may not become as widely adopted or popular as expected;general market conditions may impact the business of the Company;factors related to the ongoing COVID-19 pandemic may impact thebusiness of the Company; other factors beyond the control of theparties and other risks outlined in the Company’s publicly fileddocuments available on SEDAR. Actual results and future events coulddiffer materially from those anticipated in such information. TheCompany expressly disclaims any intention or obligation to update orrevise any forward-looking statements whether as a result of newinformation, future events or otherwise, except as required byapplicable law.
Copyright (c) 2023 TheNewswire - All rights reserved.