SWMBRD Announces Successful Tests on Factory Boards
Vancouver, British Columbia –News Direct– SWMBRD Sports Inc.
VANCOUVER, BC – TheNewswire – September 16, 2022: SWMBRD Sports Inc. (CSE: SWIM.CN) (the “Company”) is pleased to report successful field trials of the first two production mass (ACE-TECH) version of its proprietary swim board (the “SWMBRD”). The boards have been thoroughly tested for performance in all relevant aquatic environments: lakes, streams, flat ocean and moderate surf; as well as to facilitate long-range portability.
The management of the Company (the “Management”) is very pleased to report that the performance of the ACE-TECH Boards with respect to all performance criteria has been spectacular, even exceeding the expectations of the founders of the Company. The boards are even lighter, faster and more responsive than previous custom boards of the same design, while maintaining excellent durability.
A significant quality of the new factory boards is their incredible lightness. The adult board weighs only 8.7 lbs (including deck pad, decals and high strength leash plug).
Test boards were routinely hauled distances of over 7km in a day and through a wide variety of real-world environments, from steep forest coastal trails to crowded Vancouver grocery store and public transit aisles.
Management believes that the SWMBRD’s remarkable light weight, compact size (only 3’2″) and comfortable carry ergonomics will be an important factor in driving future sales of the board.
Another very important aspect of mass production boards was their surfing performance. As many shareholders know, SWMBRD was designed to be the world’s most powerful bodyboard in non-surfing environments, which includes a much wider consumer market than just surfing. However, management has always believed that a great surfing performance would add even more to consumers’ board approval.
The first two ACE-TECH boards were extensively tested in Tofino, BC in small 3-4 foot surfboards – which management says is an optimal size for the majority of recreational surf participants. . The performance of the boards was truly superb in every aspect: dive ability and control when exiting waves, breakaway torque, acceleration and speed across the face of the wave, accurate tracking both across the face of the wave and in the deep foam after the break. , ergonomics of hand placement and leash placement. Although the surf isn’t big, as experienced bodyboarders from Durban, South Africa, the management is confident that the board’s performance characteristics will prove to be just as great in big surfs.
“Raw” footage of part of the surf tests in Tofino can be viewed at:
In summary, the ACE-TECH SWMBRDs performed spectacularly meeting all of the management’s criteria. Accordingly, the Company is pleased to announce that Tahe Sport Inc. France, the Company’s OEM manufacturing partner, has received management approval to proceed with production of 1000 SWMBRDs between December 2022 and January 2023.
Certain statements in this press release relating to the Company are forward-looking statements and are forward-looking in nature, including statements regarding: management’s belief that the various qualities of SWMBRD will drive future sales of the product; that the mass-produced boards will have similar qualities to the versions tested and perform equally well in a variety of different circumstances; that the SWMBRD will be widely accepted by consumers due to various factors; the different qualities of the SWMBRD, such as its lightness, compact size and ergonomic design, will be important factors in driving future sales of the board; that the SWMBRD will be suitable for use in surf and non-surf environments and thus meet greater consumer demand; and the company’s plan to mass-produce the SWMBRDs under an OEM agreement with Tahe Outdoors between December 2022 and January 2023. 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; the various qualities of SWMBRD may not drive future sales of the product as intended by management; that mass-produced boards may ultimately not having the same qualities as the versions tested or may not work as well under various different circumstances; that the various qualities of the SWMBRD may not be important factors in boosting the ve future expectations of the board or that significant sales of the SWMBRD may not actually occur; that the SWMBRD may not be widely accepted by consumers for various reasons; that the SWMBRD may be unsuitable for certain aquatic environments; that the Company’s plan to commercially mass-produce SWMBRD may not materialize on schedule or at all for various reasons; that the sport of windsurfing and the SWMBRD brand may not gain popularity and/or recognition as expected; 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-testing-of-factory-boards-614238013