SAMsports.com Retains U.S. Financial Services Firm.
CALGARY, Alberta--(BW SportsWire)--Sept. 11, 2000
Samsports.com (CDNX:SAM), a leading provider of sports learning software, today announced that it has retained SmallCaps Online Group LLC ("SmallCaps"), an online financial services company, to act as financial communications consultants and perform investor relations needs for the Company in the United States.
Total compensation for this service will be $9,000 U.S. per month with the agreement being for a one-year period. SmallCaps will also receive, subject to regulatory approval, options to purchase 150,000 common shares at a price of $0.50 per share until September 12, 2005.
"We are actively developing a presence in the U.S. market, which is the largest target market for our sports learning technology. An example is our sporting good manufactures relationships like Taylor Made-adidas Golf and HEAD/Penn Racquet Sports who distribute a unique sampler with their sporting hardware," said Steve Corbett, Chairman and CEO of Samsports.com. "SmallCaps is young, energetic, assertive, and well connected in the financial community which will help Samsports.com leverage these relationships along with raising our profile and increasing our value for our shareholders."
Founded in April 1997 and based in New York City, SmallCaps provides comprehensive financial advisory services to its clients, including strategic communications and new media consulting, and through an affiliate, private placements, corporate finance and venture management. SmallCaps and Samsports.com are at arm's length to one another.
About Samsports.com Inc.
Samsports.com is a leader in sports learning software. Coaches, athletes and fans of all ages use the products to improve their skills and enhance performance. Samsports.com partners include leading SGMs like HEAD/Penn Racquet Sports, Taylor Made-adidas Golf, and Associations like Professional Caddies Association, and National Association of Junior Golfers, and Baseball Canada. Samsports.com partners with world-class athletes and coaches like Greg Maddux -- 4-time Cy Young Award Winner, Bruce Hurst -- former All-Star, Rafael Font de Mora -- Founder & President ITUSA, Wayne Fleming -- former NHL Coach, Jim Lefebvre -- former Major League Coach and All-Star, Franz Beckenbauer -- FC Bayern Munich, famous caddies such as -- Ernest "Creamy" Carolan, Alfred Dyer "Rabbit", and Richard Thompson "Montana", and many more to provide leading-edge instructional content for Baseball, Soccer, Hockey, Tennis, and Golf.
Samsports.com Inc. is publicly traded on CDNX under the symbol SAM. For more information, visit the company's web site at www.samsports.com.
This document contains forward-looking statements regarding the Company's potential future results. Actual results could differ materially as a result of many factors. If Company management is unable to manage effectively the Company's operations, identify opportunities in a timely fashion, and effectively evaluate and manage the Company's business and competitive position, or interest in the Company's products declines due to the introduction of competing products or for other reasons, the Company's results of operations and financial condition will be materially and adversely affected.
Samsports and Samsports.com are trademarks of Samsports.com Inc. in the United States and other countries. All other marks or symbols are those of their respective owners.
The Canadian Venture Exchange (CDNX) has neither approved nor disapproved the information contained herein.
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|Date:||Sep 11, 2000|
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