Signing Day Sports Signs Up More Than 1,000 New Student Athletes During Record-Breaking 2023 U.S. Army Bowl Week
10 Janvier 2024 - 2:30PM
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 that the Company achieved
record results at the recently completed 2023 U.S. Army Bowl Week
in Frisco, Texas.
The 2023 U.S. Army Bowl Week, in which the final National
Combine and U.S. Army Bowl game events were held on December 16-18,
2023, was a successful recruiting event as evidenced by the
significant increase in attendance, positive social media coverage,
as well as the outstanding performance of participating student
athletes. The National Combine had almost 1,000 participants,
14 of whom were selected to participate in the 2024 U.S. Army Bowl
game. At the event, the Company signed up more than 1,000 new
student-athletes for the Signing Day Sports app. The game that
culminated the weekend included many highly recruited athletes who
have committed to top-ranked football programs around the
country.
Danny Nelson, Chief Executive Officer
of Signing Day Sports, stated, “The success of the 2023 U.S. Army
Bowl Week has invigorated the Signing Day Sports team. Witnessing
the increased attendance and the positive social media buzz has
been phenomenal. We were especially encouraged by the unexpected
but welcomed engagement from parents seeking additional guidance
from Signing Day Sports beyond football, expressing their interest
in mental health, nutrition, and other issues, reflecting the
impact and resonance that our platform is having with parents and
student-athletes alike. We are excited about the possibilities
ahead and plan to turn this valuable feedback into actionable
initiatives to further enhance the platform. This may include
the addition of a new apparel line, nutritional supplements, or
other similar items. We look forward to continuing our
association with the U.S. Army Bowl Week in future years.”
Brian Grabher, the father of Xzavier Grabher, a participant at
the Army Bowl Weekend 2023 commented, “The U.S. Army National
Combine was a great experience for my son Xzavier and myself.
Xzavier learned a lot, both on and off the field, and I appreciated
Signing Day Sports’ wholistic approach with my son and the other
student-athletes. Your passion for this great game of football and
for the athletes whom you come in contact with is extremely evident
and felt by all in your presence. Bravo to you and your team at
Signing Day Sports! We look forward to working with Signing Day
Sports and seeing what the future holds for Xzavier.”
Athletes participating in U.S. Army Bowl combines are entitled
to receive one month of access to the Signing Day Sports app’s
recruiting platform with registration, a Signing Day Sports
recruiting profile with personal guidance from recruiting experts,
video highlights from their combine, and tools to put their game
highlights into their profiles on the Signing Day Sports app.
Following the first month of access, student-athletes must
subscribe to continue to use the features of the platform. Under
the Company’s sponsorship agreement with Goat Farm Sports, the
owner of the U.S. Army Bowl, the Company is the exclusive national
recruiting partner for the U.S. Army Bowl for 2022, 2023 and 2024.
The sponsorship agreement will terminate on December 31, 2024. Both
parties agreed to a first right of negotiation for the Company to
continue as the national recruiting partner for the U.S. Army Bowl
events for future years that will commence 120 days after the
termination date.
About Signing Day SportsSigning 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 the owner of the U.S. Army Bowl, 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 likelihood that the owner of the U.S.
Army Bowl will agree to continue its sponsorship arrangement with
the Company following its scheduled termination in December 2024,
the number of student-athletes who will use and purchase
subscriptions to the Company’s app through the Company’s U.S. Army
Bowl collaboration, 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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