Connexa Sports Expands its Technology Footprint in the NBA – GlobeNewswire

18 of the leagues 30 organizations rely on the companys connected camera technology and automated, multi-angle video platform for their practice and training needs

BALTIMORE, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ: CNXA) (www.connexasports.com) is pleased to announce further expansion within the National Basketball Association (NBA). PlaySights connected camera platform has become the standard for multi-angle practice and performance video throughout the league and across professional sports. After several new teams partnered with the company this past off-season, there are now 18 NBA organizations that rely on PlaySight technology for daily practice, scouting and player development video needs.

PlaySight has been building for technology since 2016, and the sport was the second market that the company entered after launching first in tennis in 2015. Over the past six seasons, the majority of the leagues teams have added PlaySight cameras, and in some cases installing up to seven cameras per court at their practice facilities. PlaySights platform also enables for seamless integration with other technologies, trackers and software, often working directly with teams for specific requests and needs that their coaching or performance staff may have. Many of the technological innovations driven at the professional level are available to PlaySights basketball clients at the collegiate, high school and academy levels as well.

PlaySight technology has enabled teams to be more efficient with their staff and coaching according to several of the companys partners. Prior to using PlaySight, we needed to dedicate a video coordinator to operate a handheld camera throughout practice, said Matt Reynolds, the Boston Celtics Special Assistant to the Head Coach. Having that extra manpower has allowed our video coordinators to be more active participants in drills on the court.

PlaySight has just made life so much easier. Were literally just pressing a button and its recording from nine different angles and six different baskets. If theres a discrepancy in practice, well go to the iPad and replay the play in real-time or after, said Ike Azotam, an Assistant Video Coordinator with the New York Knicks.

We acquired PlaySight for their proven tech, their reputation throughout sport, and their positioning at the leading-edge of sports tech innovation, said Connexa Sports CEO Mike Ballardie. The fact that so many NBA teams use them and rely on the tech daily is a testament to the technology and the talent on the R&D team.

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About Connexa Sports Technologies:

Connexa Sports is 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, Connexas mission is to reimagine sports.

Contact Information:

investors@connexasports.com

(443) 407-7564

http://www.connexasports.com

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 managements 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 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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Connexa Sports Expands its Technology Footprint in the NBA - GlobeNewswire