Vancouver, British Columbia —News Direct— SWMBRD Sports Inc.
VANCOUVER, BC, March 24, 2022: SWMBRD Sports Inc. (CSE: SWIM.CN) (“SWMBRD” or the “Company”) is pleased to announce that the European Union Intellectual Property Office has granted to the Company ten (10) Community Design Registrations (Industrial Design Patents).
These newly awarded designs add to SWMBRD’s existing intellectual property portfolio, covering several embodiments of its unique swim kickboard design and associated accessories, as set forth in the company’s final detailed prospectus (available on SEDAR, www. .sedar.com).
The European Union Intellectual Property Office covers the 27 Member States of the European Union and a population of over 447,000,000 people.
“We are very pleased that these additional European Union design registrations have been granted,” said Justin Schroenn (President and CEO of SWMBRD Sports Inc.). “As previously mentioned, the European Union is one of SWMBRD’s most important target markets. Not only is the spectacular Mediterranean coastline from Spain to Greece one of the world’s top tourist destinations, with the added market of a huge resident population, but we believe SWMBRD’s versatility also puts lakes and the rivers of central and northern Europe. Since European cars and apartments tend to be compact, management expects SWMBRD’s swim ability, small size, light weight and ease of use to make it a perfect aquatic product for the European consumer.
The awarding of these European design registrations solidifies SWMBRD’s position as the developer of its exclusive swim board and provides a solid foundation for future SWMBRD products, accessories, events, media and lifestyle products.
SWMBRD’s expanding intellectual property portfolio continues to be a key strategic driver of the company’s growth. Although SWMBRD does not disclose the jurisdictions in which intellectual property applications are still pending, the company is pleased to keep investors informed of significant jurisdictions in which applications have been accepted, such as design registrations of the European Union recently granted.
We would like to thank Thomas Bailey and the team at Oyen, Wiggs, Green & Mutala LLP for all of their efforts to help secure this very important achievement.
About SWMBRD Sports Inc.
SWMBRD Sports Inc. is a Vancouver, BC-based sporting goods company that seeks to empower millions of people to rethink the way they have fun in the water. Management believes that SWMBRD’s exclusive watersports board, due to its patented design, is revolutionary in the way it strengthens the human body in the water like never before, giving water enthusiasts of all ages and abilities the freedom to explore all aquatic environments with ease.
By offering a versatile water sport that is easy to use, easy to store, can be used by all ages and all body types in all bodies of water (rivers, oceans, lakes and basins), the Company believes that SWMBRD and The sport of swimboarding has the potential to become one of the most popular board sports in the world and a major water brand.
The company has refined the manufacturing techniques most relevant to the SWMBRD and has successfully produced fully functional demo fleets of boards, which have been rigorously used in the real world in Hawaii, Canada and Greece. The company is now preparing to begin full-scale mass production under an OEM agreement with Tahe Sports, Vannes, France – Europe’s leading boardsports manufacturer. SWMBRD intends to have boards available for sale in December 2022.
For more information, please contact:
Justin Schroenn – President, CEO and Director
Email: [email protected]
Matthew Schroenn – Vice President and Director
Email: [email protected]
Phone: 604-375 4664
Gareth Schroenn – Vice President
Email: [email protected]
Certain statements in this press release relating to the Company are forward-looking statements and are forward-looking in nature, including statements regarding the Company’s expectation to target various regions of the European Union in connection with its sales plans. and marketing; that the Company anticipates that the swim board will be well suited to its target market of European consumers given its small compact size; the Company’s expectation that its recently granted patent registrations will serve as a solid foundation for the commercialization of potential future SWMBRD products, accessories, events, media and lifestyle products and as a strategic component the Company’s growth plan; that the Company will be able to grow swimboarding into a revolutionary sport and a great aquatic brand, with multiple potential avenues for growth, namely: clothing, accessories, sporting events, carrying bags and luggage, storage racks and tote bags , fitness classes, among others; that the Company’s swim board will achieve commercial sales and market penetration and gain popularity as a water sports board, as one of the most popular board sports and as a sports brand to success; the company’s plan to begin large-scale mass production of its swim kickboards with Tahe Sports and to begin sales of its kickboards in December 2022. Forward-looking statements are not based on historical facts, but rather on current expectations and projections regarding future events and are therefore subject to risks and uncertainties that could cause actual results to differ materially from future results expressed or implied by the forward-looking statements. These statements can generally be identified by the use of forward-looking words such as “may”, “should”, “could”, “would”, “intend”, “estimate”, “plan”, “anticipate”. , “expects”, “believes” or the negative thereof or similar variations. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in forward-looking statements, including: the risks of business disruption related to COVID-19; that the Company may not be able to successfully target various regions of the European Union as part of its sales and marketing, or that the swimboard will not be accepted by European consumers for various reasons; that, for various reasons, the Company’s patent registrations may not support the Company’s marketing or business plans, to diverge his reasons; that the Company may fail to develop swimboarding into a breakthrough sport or a major aquatics brand as intended or at all; that the Company’s swim board may not achieve significant commercial sales or market penetration, or gain popularity as a water sports board and brand; the Company may be unable to implement large-scale mass production and/or sales of its kickboards for various reasons as planned or at all; and other risks described in the Company’s public filings available on SEDAR. Actual results and future events could differ materially from those anticipated in this information. These written and oral forward-looking statements and all subsequent forward-looking statements are based on management’s estimates and opinions as of the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.
See the source version on newsdirect.com: https://newsdirect.com/news/swmbrd-announces-successful-registration-of-additional-eu-design-patents-291756667