Date: July 13, 2016
Sports Field Holdings, Inc. Announces Completion Of R&D Turf Installation At IMG Academy
Symbol: SFHI
Sports Field Holdings, Inc. Announces Completion Of R&D Turf Installation At IMG Academy
Sports Field Holdings, Inc. (the "Company" or "Sports Field") (OTCQB: SFHI), an innovative product development company engaged in the design, engineering and construction of athletic fields, facilities and sports complexes and the sale of customized synthetic turf products, today announced the completion of its new turf field and collaborative R&D installation on the campus of IMG Academy.
Along with the new multipurpose football, soccer and lacrosse field recently completed by Sports Field, the Company has installed three new test fields for research and development purposes. These additional test plots will be used to evaluate existing products, as well as design and engineer new synthetic turf systems. This will allow Sports Field to evaluate the safety, efficiency and performance of all components of field construction.
"IMG Academy's new fields will provide a 'living laboratory' for the research and development of advanced synthetic turf fields and component products," said Jeromy Olson, Sports Field Holdings' Chairman and CEO. "The collection of game-speed performance metrics will allow us to focus on maximizing player safety while enhancing athletic execution. Through IMG Academy's elite student-athletes and trainers, we will be able to better identify and analyze the needs of high-performing athletes to continually improve our products."
The R&D initiative is part of a collaborative agreement dating back to January 2016, whereby Sports Field is the official supplier of turf fields for IMG Academy.
"We are pleased to have joined forces with Sports Field, a company dedicated to improving the safety and performance of athletic fields and sports surfaces, on this project," said Gary Pluchino, Vice President of Business Development at IMG Academy. "We are happy to play a role in the ongoing research and development that they will be conducting on our campus."
To learn more about IMG Academy, please visit www.IMGAcademy.com.
About Sports Field Holdings, Inc
Sports Field Holdings, Inc., through its wholly owned subsidiary FIRSTFORM, Inc., is a product development, engineering and design-build construction company engaged in the design, engineering, and construction of athletic facilities and sports complexes. Construction management and synthetic turf sales are the two primary lines of business. These can be categorized as design, development, and manufacturing of sports surfacing products and associated pre-engineered construction systems.
To learn more about Sports Field Holdings, Inc. please visit http://ir.firstform.com/.
Safe Harbor Statement
Any statements that are not historical facts contained in this press release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.
Contact:
Sports Field Holdings, Inc.
Investor Relations
investor@firstform.com
978-914-7570
SOURCE: Sports Field Holdings, Inc.
Investors Hub has been paid $1,000 by IR News Group to disseminate this email
|
