Signing Day Sports Commences Collaboration as the Exclusive Recruiting Platform Provider for Elite Development Program (EDP Soccer)
02 Janvier 2024 - 12:30PM
Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”)
(NYSE American: SGN), the
developer of the Signing Day Sports app and platform to aid high
school athletes in the recruitment process, today announced the
commencement of its collaboration as the exclusive recruiting
platform for Elite Development Program (“EDP Soccer”), one of the
largest organizers of youth soccer leagues and tournaments in the
U.S., as of January 1, 2024. The initiative between Signing Day
Sports and EDP is being led by former professional soccer player
Kevin Grogan as the Company’s Senior Soccer Advisor.
Key highlights of the
exclusive collaboration with EDP Soccer include:
- Unique Features for Player Profiles: Athletes
engaged in EDP Soccer events gain access to exclusive offers on
Signing Day Sports' comprehensive video player profiles. This
feature not only showcases their skills and achievements but also
opens new avenues for exposure to college coaches
internationally.
- Expanded Exposure Opportunities: Signing Day
Sports representatives will actively participate in EDP Soccer
events, delivering insights and presenting the benefits of the
platform to a broader audience.
- Educational Empowerment: The collaboration
enriches the Signing Day Sports app with tailored webinars and
resources, fostering educational initiatives designed to guide
student-athletes seamlessly through the intricate college
recruiting journey.
Mr. Grogan stated, "We are excited to commence this
collaboration, which we believe is a potential game-changer for the
Company, offering unparalleled opportunities for both athletes and
coaches alike. We look forward to our first joint soccer event in
early first quarter of 2024, with over 25 tournament events
anticipated throughout 2024. We expect the collective impact of
this strategic alliance between Signing Day Sports and EDP Soccer
will resonate across the soccer industry, providing an extensive
platform for athletes to showcase their talents. The collaboration
makes it possible to help many more young, aspiring athletes across
North America with their recruitment and related life goals.”
Richard Symington, President and Chief Technology Officer of
Signing Day Sports, further noted, “By aligning with EDP Soccer, we
believe that Signing Day Sports is gaining status as a leader in
recruitment as well as significantly expanding the reach of our app
and platform. Moreover, we have built a scalable recurring revenue
model. Based on our monthly subscription fees, coupled with the
number of athletes we intend to onboard through this relationship,
we are confident in the value of this collaboration.”
About Elite Development Program (EDP)
Founded in 1999, Elite Development Program (EDP) is one of the
largest organizers of youth soccer leagues and tournaments in the
U.S. EDP operates youth leagues for boys and girls ages 8-19,
conducts a Futures program for players ages 7-10, and operates
U20/23 men’s and women’s leagues. EDP also manages over 25
tournaments and showcases each year. One of the major priorities of
EDP’s leagues and tournaments is to enable youth soccer players to
reach their full potential, with an emphasis on attending college.
EDP Soccer was acquired by 3STEP Sports in December 2023.
www.Threestep.com
About Signing Day Sports:Signing Day Sports'
mission is to help student-athletes achieve their goal of playing
college sports. Signing Day Sports' app allows student-athletes to
build their Signing Day Sports' recruitment profile, which includes
information college coaches need to evaluate and verify them
through video technology. The Signing Day Sports app includes a
platform to upload a comprehensive data set including
video-verified measurables (such as height, weight, 40-yard dash,
wingspan, and hand size), academic information (such as official
transcripts and SAT/ACT scores), and technical skill videos (such
as drills and mechanics that exemplify player mechanics,
coordination, and development). For more information on Signing Day
Sports, go to
https://ir.signingdaysports.com/overview/default.aspx.
Forward-Looking StatementsThis press release
contains "forward-looking statements" that are subject to
substantial risks and uncertainties. All statements, other than
statements of historical fact, contained in this press release are
forward-looking statements. Forward-looking statements contained in
this press release may be identified by the use of words such as
"may," "could," "will," "should," "would," "expect," "plan,"
"intend," "anticipate," "believe," "estimate," "predict,"
"potential," "project" or "continue" or the negative of these terms
or other comparable terminology. These statements are only
predictions. You should not place undue reliance on forward-looking
statements because they involve known and unknown risks,
uncertainties and other factors, including without limitation, the
Company’s ability to realize the expected benefits of its
collaboration with EDP, the ability of the collaboration to yield
significant revenues or other value for the Company, the Company’s
ability to execute the collaboration strategy as expected, the
number of student-athletes who will use and purchase subscriptions
to the Company’s app through the collaboration with EDP, the
Company's ability to obtain additional funding to develop
additional services and offerings, market acceptance of the
Company's offerings, competition from existing online offerings or
new offerings that may emerge, impacts from strategic changes to
our business on our net sales, revenues, income from continuing
operations, or other results of operations, the Company's ability
to attract new users and customers, increase the rate of
subscription renewals and slow the rate of user attrition, the
Company's ability and third parties' abilities to protect
intellectual property rights, the Company's ability to adequately
support future growth, the Company's ability to comply with user
data privacy laws and other current or anticipated legal
requirements, and the Company's ability to attract and retain key
personnel to manage its business effectively. These risks and
uncertainties are, in some cases, beyond our control and could
materially affect results. If one or more of these risks or
uncertainties occur, or if our underlying assumptions prove to be
incorrect, actual events or results may vary significantly from
those implied or projected by the forward-looking statements. No
forward-looking statement is a guarantee of future performance.
Forward-looking statements contained in this announcement are made
as of this date, and the Company undertakes no duty to update such
information except as required under applicable law.
Investor Contacts:Crescendo Communications,
LLC212-671-1020SGN@crescendo-ir.com
Signing Day Sports (AMEX:SGN)
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