AP NEWS
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Sports Field Holdings Completes First Installation of its PrimePlay Replicated Grass System® and TerraSport™ Infill in the Los Angeles Unified School District

May 1, 2019

At the Birmingham Community Charter High School In Van Nuys, California

ST. CHARLES, Ill., May 01, 2019 (GLOBE NEWSWIRE) -- Sports Field Holdings, Inc. (the “Company” or “Sports Field”) (OTCQB: SFHI), through its wholly owned subsidiary FIRSTFORM®, Inc. (“FirstForm”), today announced the completion of its first installation project in the Los Angeles Unified School System; the second largest school system in the United States. The Company installed its PrimePlay Replicated Grass system and its environmentally friendly TerraSport infill at the football stadium for the Birmingham Community Charter High School in Van Nuys, California. Included in the project was the resurfacing of the school’s running track.

Sports Field’s CEO, Jeromy Olson, commented, “This is a major milestone for our company as our first project in California, and our first opportunity with the Los Angeles Unified School District (LAUSD). The Birmingham project has been extremely well received by LAUSD, the second largest school district in the country. We are currently submitting the required documentation to be approved as a preferred vendor for the district. Preferred status should make the FIRSTFORM product available to the entire Los Angeles Unified School District. The demand for our products is high in California due to the need to significantly reduce water usage to maintain athletic fields, our environmentally friendly infill, TerraSport™, which eliminates the carcinogenic compounds associated with traditional crumb rubber infill, and the student-athlete safety characteristics of our PrimePlay Replicated Grass® system.”

“The business opportunity represented by LAUSD is the largest we have seen to date,” continued Mr. Olson. “The completion of the Birmingham Charter High School athletic complex should create significant new opportunities. With many of the more than 900 schools within the district moving from grass fields to synthetic turf at a rapid pace, the district spends tens of millions of dollars on turf and track systems every year. Our PrimePlay® Systems fit perfectly within district guidelines. We are excited about the future. California and the Los Angeles Unified School District represent a major opportunity for our Company as we enter one of the largest markets in the United States.”

Birmingham Community Charter High School is a part of the Los Angeles Unified School District, located in the heart of the San Fernando Valley, in northwest Los Angeles.

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, constructing, and construction management of athletic facilities, and sports complexes. Construction management of sports facilities and synthetic turf sales are the two primary lines of business. These lines of business 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 www.sportsfieldholdingsinc.com

Safe Harbor Statement

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Any statements that are not historical facts contained in this press release are also “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA). Such 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 Annual Reports on Form 10-K for the fiscal years ended December 31, 2018 and 2017, filed with the Securities and Exchange Commission (“SEC”), as well as our Quarterly Reports on Form 10-Q filed with the SEC, and in other documents we file with the SEC. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA, Securities Act and Securities Exchange Act.

Copyright © 2017 GlobeNewswire. All Rights ReservedContact: Sports Field Holdings, Inc.Ed CapkoInvestor Relations815-942-4645

Attachment

-- Image