ReutersReuters

SWMBRD Announces Successful Registration of United States and Canada Design Patents

(TheNewswire)

    VANCOUVER, BC – TheNewswire- May 2, 2024: SWMBRD Sports Inc. SSWIM (“SWMBRD” or the“Company”) is pleased to announce the successful registration ofUnited States and Canadian design patents for the Company’sproprietary aquatic sports board.

    The United States and Canadian design patents are inaddition to SWMBRD’s existing intellectual property portfolio,covering multiple embodiments of its unique aquatic sports boarddesign and associated accessories, as disclosed in the Company’sfinal long form prospectus (available on SEDAR+,www.sedarplus.ca).

    The award of these United States and Canadian designpatents strengthens SWMBRD’s position as developer of itsproprietary aquatic sports board and serves as a strong foundation forfuture SWMBRD products, accessories, events, media and lifestyleproducts.

    SWMBRD’s expanding intellectual property portfoliocontinues to be a key strategic component of the Company’s growth.While SWMBRD does not divulge jurisdictions in which intellectualproperty applications are still pending, the Company is pleased tokeep investors apprised of important jurisdictions in whichapplications have been successful, such as the United States andCanadian design patents now granted. We would like to thank ThomasBailey and the team at Oyen, Wiggs, Green & Mutala LLP for alltheir efforts in helping to secure this very importantaccomplishment.

    About SWMBRD Sports Inc.

    SWMBRD Sports Inc. is a Vancouver, B.C. based sporting goods companylooking to enable millions to rethink their way of recreating in thewater. Management believes that SWMBRD’s proprietary aquatic sportsboard, by virtue of its patented design, is revolutionary in how itempowers the human body in the water like nothing before, giving waterlovers of all ages and abilities the freedom to explore all aquaticenvironments with ease. By offering an aquatic board sport that isversatile, easy to use, easy to store, and which can be used by allages and body types in any body of water (rivers, oceans, lakes andpools), the Company believes SWMBRD and the sport of swimboarding hasthe potential to become one of the most popular board sports in theworld, and a great aquatic brand. The Company has refinedmanufacturing techniques most relevant to the SWMBRD and hassuccessfully produced demonstration fleets of fully functioningboards, which have been in rigorous real-world use in Hawaii, Canadaand Greece. The Company has now commenced large scale mass productionunder an OEM agreement with Tahe Outdoors, Vannes, France - thepreeminent board sport manufacturer in Europe.

    For further information please contact:

    www.swmbrd.com

    Justin Schroenn – President, Chief Executive Officer and Director

    E-mail: justin.schroenn@swmbrd.com

    Telephone: 778-870-1497

    Matthew Schroenn – Vice President and Director

    E-mail: matthew.schroenn@swmbrd.com

    Telephone: 604-375 4664

    Gareth Schroenn - Vice President

    E-mail: gareth.schroenn@swmbrd.com

    Telephone: 604-339-2721

    Forward-Looking Statements

    Certain statements in this press release are forward-lookingstatements and are  prospective in nature. Forward-looking statementsare not based on historical facts, but rather on current expectationsand projections about future events, and are therefore subject torisks and  uncertainties which could cause actual results to differmaterially from the future results expressed or implied by theforward-looking statements. These statements generally can beidentified by the use of forward-looking words such as “may”,“should”, “will”, “could”, “intend”, “estimate”,“plan”, “anticipate”, “expect”, “believe” or“continue”, or the negative thereof or similar variations. Suchstatements are qualified in their entirety by the inherent risks anduncertainties surrounding the Company’s business plan with respectto the engagement of the Executives and the Consultants and theservices to be provided to the Company; the grants of RSUs; theanticipated commercial production and sale of its SWMBRDs; theCompany’s plan to develop itsbrand and the sport of swimboarding; and thoseadditional risks set out in the Company’s public documents filed onSEDAR at www.sedar.com. Such forward-looking statements shouldtherefore be construed in light of such factors, and the Company isnot under any obligation, and expressly disclaims any intention orobligation, to update or revise any forward-looking statements,whether as a result of new information, future events orotherwise.

    The Canadian Securities Exchange hasnot reviewed or approved the contents of this news release.

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