Performance Sports Group Hosts Multi-Sport Showcase and Highlights Continued Commitment to Research & Development
New MOMENTUM Event Unveils Next-Generation Products and Technologies Across Company's Entire Portfolio
EXETER, NEW HAMPHIRE -- (Marketwired) -- 10/06/14 -- Performance Sports Group Ltd. (NYSE: PSG)(TSX: PSG) (PSG), a leading developer and manufacturer of high performance sports equipment and apparel, recently concluded its annual global showcase during which it unveiled its next-generation products and demonstrated the company's industry-leading Research & Development platform.
"Every year we reset the standard when it comes to innovation and technology at this showcase event," said Kevin Davis, President and CEO of Performance Sports Group. "Our largest event ever, MOMENTUM included more than 700 of our key retailers and partners who were able to see and experience the power of our shared technologies and scientific research that drive our platform, brands and innovation."
Previously named BauerWorld, this industry-leading retail and partner event was renamed MOMENTUM to better align with Performance Sports Group's multi-sports portfolio that includes seven consumer-facing brands across six sports. Last year for the first time the event expanded beyond hockey to include all of the brands within the Performance Sports Group portfolio. This year, the event expanded to include the products and technology of Easton Baseball/Softball, the company's most recent acquisition.
Each business delivered industry-specific presentations and provided a unique hands-on experience. Attendees from around the world descended upon Amelia Island, Florida, and were able to interact with the company's key product developers and designers to receive an in-depth explanation of the R&D behind the company's products.
In addition to the many product presentations and ability to interact with the company's employees, attendees were able to try out all of the latest product innovations in the Performance Sports Group sportsplex. On the grounds of the Florida resort, the company built an entire recreation facility, complete with batting cages, roller hockey court, lacrosse fields, soccer fields and hockey rink.
Highlights from the week-long event included:
BAUER HOCKEY
-- Bauer Hockey unveiled its new VAPOR line of equipment, including the new BAUER VAPOR 1X skate and stick. This revolutionary line of equipment introduces several new technologies never before seen in the industry. The VAPOR 1X skate features the new BAUER SPEED PLATE that delivers a revolutionary customized fit for the entire foot and the VAPOR 1X stick features Quick Release Technology to provide a quicker shot. -- Bauer Hockey also introduced two new categories to the marketplace. PRODIGY is a full line of youth-specific equipment that was designed with beginners and their parents in mind. This new line of head-to-toe gear is lightweight, adjustable and easier to put on, as it includes directional information printed right on the equipment. BAUER also launched a full offering for street hockey to complement its ice and roller businesses. BAUER now offers a full lineup of street hockey equipment and accessories, including sticks, helmets, equipment and balls. -- Also unveiled was Bauer Hockey's latest collection of uniforms. Leveraging the success of exclusive 37.5 technology and its moisture management properties, BAUER will now incorporate the technology into its top two tiers of uniforms. Combined with lightweight, but traditional material, BAUER's latest uniform offering provides teams access to the most innovative uniform technology in the industry.
CASCADE AND MAVERIK LACROSSE
-- CASCADE and MAVERIK combined to present their unique and leading technologies, including a full lineup of heads, a complete family of shaft shapes and revolutionary protective equipment that incorporates technologies from the PSG platform. With the OPTIK, METRIK and TANK heads, combined with three shaft-shape offerings available in multiple grip textures, MAVERIK is now able to deliver a stick to any style of player from the beginner to the elite professional. -- Attendees were also offered an in-depth look at the detailed R&D behind CASCADE and MAVERIK products, including an inside look into the advanced lab testing and rigorous field analysis that raise the bar of performance for both brands.
EASTON AND COMBAT
-- With the No. 1 baseball/softball business in North America, PSG's brands showcased its latest game-changing innovations. Attendees learned more about the new EASTON MAKO TORQ bat and how its 360-degree rotating handle helps hitters get to the optimal hitting position quicker and stay there longer, resulting in better contact more often. COMBAT introduced its new TRACT Technology, which increases the barrel size without adding weight or sacrificing balance. -- Attendees were also provided with an in-depth look at the different manufacturing processes EASTON and COMBAT utilize to deliver the highest performing bats to the marketplace. In addition, EASTON provided a sneak peek at sensor technology that the company looks to bring to market next year.
APPAREL
-- During MOMENTUM, PSG announced that it has expanded its exclusive partnership with Cocona Natural Technologies, the maker of 37.5™ technology. The partnership provides PSG with exclusive use of this advanced fast-drying moisture management technology in hockey, lacrosse, baseball and softball, and non-exclusive use in soccer. Apparel with this technology dries up to five times faster than competitive products. Unlike wicking apparel, airflow is not needed, which allows 37.5 technology to work well underneath equipment. The use of 37.5 technology in multiple layers - performance apparel, protective equipment and uniforms - increases the overall effectiveness and evaporation process.
About Performance Sports Group Ltd.
Performance Sports Group Ltd. (NYSE: PSG)(TSX: PSG) is a leading developer and manufacturer of ice hockey, roller hockey, lacrosse, baseball and softball sports equipment, as well as related apparel and soccer apparel. The company is the global leader in hockey with the strongest and most recognized brand, and it holds the No. 1 North American position in baseball and softball. Its products are marketed under the BAUER, MISSION, MAVERIK, CASCADE, INARIA, COMBAT and EASTON brand names and are distributed by sales representatives and independent distributors throughout the world. The company is focused on building its leadership position by growing market share in all product categories and pursuing strategic acquisitions. For more information, please visit www.PerformanceSportsGroup.com.
Contacts: Media Contact: Performance Sports Group Tory Mazzola Senior Manager, Corporate Communications 603-430-2111 Media@PerformanceSportsGroup.com
Source: Performance Sports Group Ltd.
Released October 6, 2014