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How This Digital Fitness Company (New IPO On Nasdaq) Is Differentiated Through Delivering The Industry’s First At-Home Personal Training Offering

FORME

By David Willey, Benzinga A new health and fitness company just joined the stock exchange, and it is looking to shake up the digital fitness sector. FORME (NASDAQ: TRNR) just completed an initial public offering (IPO) and is delivering a new product offering to the fitness industry through virtual, live personal training. FORME is solving key problems in the industry through offering a differentiated service with at-home, digital 1:1 personal training and coaching delivered through its award-winning smart home gyms. There are compelling market trends in the digital fitness industry, which has seen steady growth driven by increased participation in health and wellness activities. According to FORME’s S-1 filing with the SEC, the Global Wellness Institute estimated that total global spending in the wellness industry in 2020 was $4.4 trillion, of which approximately $740 billion was spent on fitness and other categories of wellness, including yoga, barre, and Pilates. According to FORME’s research, the Company believes its total addressable market (TAM) includes nearly 10 million households, representing total potential revenue of $18 billion, all of which is in the United States. According to the most recent data, there are 64 million gym memberships in the US alone. The fitness market experienced a seismic change during the pandemic and experienced a shift away from brick-and-mortar structures during the COVID-19 pandemic. The number of users who accessed online fitness training went from 7% to 80% between 2019 and 2020, according to data from Mindbody cited by FORME in its NASDAQ filing. The global online/virtual fitness market size grew from $15.65 billion in 2022 to $21.82 billion in 2023 at a compound annual growth rate (CAGR) of 39.4%. The United States represents the largest segment of the rapidly expanding online fitness market. FORME looks to be tapping into this shift toward digital health with its innovative digital fitness platform focused on the industry’s first 1:1 personal training model. The company offers an immersive fitness environment through its app and award-winning smart gym mirrors. FORME has recruited world-class trainers from highly recognized names in the industry such as Equinox, Peloton, and Exos, which provide members live 1:1 training through its digital platform. The company has already won multiple awards for its mirror hardware, including the Men's Health Home Gym Award 2023, as well as the Shape Best In Fitness award for Best Large Home Gym Equipment 2023. Its comprehensive products make guided fitness training more affordable and convenient for users. Its personal training service offering is $149 per month, and Live 1:1 personal training programs are sold separately as an upgrade for $63 per session ($250 for a 4-pack). All Members participating in personal training have access to a VOD video library for free, or it can be purchased separately for $49 per month. Luxury Digital Fitness Health Market IPO is Now Complete: Invest in New, Next Generation Digital Health The company entered the publicly-traded digital fitness sector with an IPO led by Aegis Capital priced at $8.00 a share, offering 1.5 million shares for gross proceeds equalling $12 million. Other companies in the digital fitness sector include Lululemon Athletica Inc. (NASDAQ: LULU), Peloton Interactive Inc. (NASDAQ: PTON), and Xponential Fitness, Inc. (NYSE: XPOF). The company’s premium coaching and hardware products position it in a market with high margins. Luxury fitness memberships (defined as anything over $100/month) account for 32% of total memberships but 70% of revenue. As people have more disposable income, they often reportedly tend to choose to use it on things like health and fitness. The personal training offered makes FORME a premium service, and the company says it generates three times higher annual recurring revenue per customer than comparable competitors. As per the company, the membership mix for FORME means that on average one FORME customer generates the same revenue as three Tonal users and four Peloton customers. One strength of the model FORME touts is offering expert trainers, which is the industry’s first company to do so. A Membership from the Company provides users with live 1:1 training sessions from world-class trainers through FORME’s virtual platform. This can not only provide excellent quality training to members, but it also may help ensure a more stable work environment for its trainers that enables FORME to more than double the utilization capacity for its training staff. This can be contrasted with the comments of one trainer working for luxury fitness company Equinox, who famously compared the unpleasant long hours and low pay conditions at Equinox to “Hunger Games”. Strength training remains a top trend in fitness, and FORME has positioned itself in the strength training market through its newest addition, the FORME Studio Lift connected hardware device. Access to strength training used to put people off because of the burdensome cost and logistical difficulty of getting access to a training environment. FORME seems to have overcome both of these difficulties with its all-in-one, immersive fitness platform. FORME also offers corporate memberships, and it can be an attractive integrated solution for businesses looking to offer employees comprehensive health support. FORME has also established partnerships with sports, telemedicine, and physical therapy companies, and it is expanding its ecosystem as it finds more opportunities for its high-quality fitness services. The IPO could certainly go a long way in helping the company achieve its goals. Want to learn more about what FORME is doing for the digital fitness industry? Visit its website. FORME is a digital fitness platform that combines premium connected fitness hardware products with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic at-home fitness experience through two connective hardware products: 1. The FORME Studio (fitness mirror) and 2. The FORME Studio Lift (fitness mirror and cable-based digital resistance). The Studios uniquely transform to host a variety of workouts and activities, returning to an elegant, full-length mirror when not in use. In addition to the Company's connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details TraDigital IR - Adam Holdsworth adam@tradigitalir.com Company Website https://formelife.com/

May 26, 2023 09:45 AM Eastern Daylight Time

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UAT Group Strategic Partner Next Casting Receives Patent

Umbra Applied Technologies Group, Inc.

Umbra Applied Technologies Group, Inc. (UAT Group) (OTC: UATG ) - UAT Group strategic partner Next Casting Technologies has been issued a patent for technology it developed for use in its advanced SmartCast, IntelliBrace and BioSplint products. Filed in December of 2017, this patent was one of four patents that had been pending. The Company anticipates remaining patents being approved over the next ten to twelve months. Next Casting Technologies (NCT) has begun the process of commercializing proprietary technologies which will positively impact people’s lives and increase value through a unique and diverse product line. The SmartCast Application allows the casting technician to slip the SmartCast around the affected limb and position to fit by using a simple “mold and hold” technique. Lastly, the cast is activated by pressing the button to initiate the curing process. Within 4 minutes that cast is hardened, fixed in place and is not dependent on the technician’s artistry, or lack thereof. The results are a predictable standard of care across the patient spectrum. The end result is a completely waterproof, antimicrobial, orthopedic cast, that is time saving for clinicians and a superior standard of care for patients. UAT Group’s Chief Executive Officer Alex Umbra, stated, “This marks a significant step forward for NCT. Having the appropriate measures in place to protect intellectual property enables the Company to begin evaluating production schedules, supply chain resources and fulfillment execution strategies. I look forward to working with the NCT team in the near-term future as they begin their ramp up.” UAT Group has a 26% equity interest in NCT. For more information about NextCast go here: https://nextorthocast.com/ For more information about UAT go here: http://umbraappliedtechnologies.com/ About Umbra Applied Technologies Group, Inc. The firm is located in Tampa, Florida and focuses on advanced technologies across many disciplines. UAT Group is a holding company with interests in both public and private companies during the early stages of development as well as growth stages of companies with a synergistic business model to UAT Group subsidiaries. For more information, visit: www.uatgroup.com Investor and Media Contact: info@uatgroup.com NEITHER THE SECURITIES EXCHANGE COMMISSION NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. Forward-Looking Information This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and a secondary listing on the OTC as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of Umbra Applied Technologies Group including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Umbra Applied Technologies Group does not assume the obligation to update any forward-looking statement, except as required by applicable law. Contact Details UAT Group info@uatgroup.com

May 26, 2023 08:00 AM Eastern Daylight Time

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ReadyWise Announces Memorial Day Sale with Significant Discounts on Emergency Food Supply

ReadyWise

Get ready for emergencies with ReadyWise, a prominent provider of emergency food supplies, during their massive Memorial Day Sale offering customers exclusive discounts of up to 60% on select products. Additionally, they offer a 15% sitewide discount, providing an excellent opportunity for individuals to prepare for unforeseen circumstances. During the sale, customers can take advantage of remarkable deals, including a 30% discount on the 4 Week Supply and 3 Month Supply packages. Notably, the New 6-month bundle, offering more calories at a reduced price, is available at an exceptional 40% off. The recent severe weather events, including the flooding in California, have highlighted the vulnerability of the nation's agricultural sector. As California plays a significant role in producing a substantial portion of the country's fruits and vegetables, the impact of these disruptions is far-reaching. Recognizing the potential consequences of reduced agricultural output, ReadyWise aims to empower individuals and families by offering reliable and affordable emergency food supplies. ReadyWise also offers enticing discounts on meat, one of their most sought-after products, and fruits and vegetables, enabling customers to supplement their emergency food supply at affordable prices. Considering the prevailing uncertainties, stocking up on emergency food is crucial. ReadyWise recognizes that severe weather conditions have impacted agriculture in the United States, leading to concerns over food shortages. With the Memorial Day Sale, customers can seize the opportunity to secure their food supplies and alleviate potential risks. ReadyWise continues leading the industry by offering high-quality products that prioritize durability and shelf-life with up to 25 years and various meal options and products from short-term to long-term. Their commitment to customer satisfaction and substantial discounts makes this Memorial Day Sale an exceptional opportunity for individuals and families to safeguard their well-being. Customers can also call their friendly product specialists at 800-820-1329 with any questions, and they will be happy to help find the best options for their families. To explore the wide range of products available at discounted prices during ReadyWise's Memorial Day Sale, please visit www.readywise.com. The sale is only available for a limited time while supplies last, so act swiftly to take advantage of these remarkable offers. Contact Details ReadyWise Tim Lawlor +1 561-926-7299 tlawlor@readywise.com Company Website https://readywise.com/

May 26, 2023 07:02 AM Eastern Daylight Time

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ellesse Named Official On-Court Apparel Partner of the APP

APP

APP joins forces with iconic global sports fashion brand as its first-ever official on-court apparel partner; To kick off the partnership, ellesse will outfit the APP Tour broadcast team and the 2023 Next Gen National Team The Association of Pickleball Players (APP), the nation’s preeminent pickleball tour for professionals and amateurs, has announced a significant addition to its partner roster with the iconic sports fashion brand ellesse joining as its Official On-Court Apparel Partner. Founded in 1959, ellesse quickly established itself internationally as one of the pioneers of the sports fashion industry – particularly in tennis. ellesse’s court jackets, t-shirts, and polos introduced a fusion of style and comfort and attracted some of the biggest tennis stars of the 1970’s and 1980’s, including Tommy Haas, Chris Evert, Boris Becker, Pat Cash, Arantxa Sánchez, and Anna Kournikova as brand ambassadors. The Italian-based brand now brings its high-quality, bold and colorful sportswear to the world of pickleball as the Official On-Court Apparel Partner of the APP. ellesse will kick off its partnership with the APP at its flagship event, The Boca Raton 2023 APP New York City Open, held at the USTA Billie Jean King National Tennis Center in Flushing Meadows, New York from May 23 – 28, 2023. As part of ellesse’s sponsorship of the APP, ellesse will outfit the APP’s broadcast team, as well as the recently announced 2023 APP Next Gen National Team, a collection of twelve of the top 16–23-year-old pickleball players in the country. The ellesse brand will be immersed into the APP Tour with in-venue branding and visibility, including signage, social media promotion, and inclusion in APP Tour broadcast productions – spanning coverage on CBS Sports Network and ESPN2 as well as livestream coverage on APPTV and ESPN+. “I’m truly honored to be welcoming ellesse into the APP,” commented APP Chief Marketing Officer Tom Webb. “ellesse has a long and rich history in racket sports and is now entering a new chapter with pickleball and the APP. This announcement represents another major step for the APP as we continue our ambitions to expand the sport worldwide. Through our partnership with a globally-recognized creative brand such as ellesse, the whole world of pickleball is about to look even cooler.” “We are thrilled to be partnering with the APP and immersing ellesse in the world of pickleball,” added Jennie Bianco, Head of UK Marketing at ellesse. “The brand’s history is cemented in racquet sports, and we’re excited to be teaming up with APP and be a part of the sport’s flourishing future in the UK.” About the APP Founded in 2019, the Association of Pickleball Players (APP) elevates the sport of pickleball by providing elite platforms for the best players in the world, right through to the millions of people picking up a paddle for the first time. Serving professional pickleball players, senior professionals, amateurs and recreational players in the fastest growing sport in the USA, the APP is the first and only tour officially sanctioned by USA Pickleball. The 2023 APP Tour slate has 16 tournament stops planned, in addition to International and Collegiate Series events. The APP also prides itself on developing the next generation of champions through its Next Gen Series and other youth initiatives.. To stay updated on the APP, visit theapp.global, and follow us on Instagram, Twitter, TikTok, Facebook and LinkedIn.  Contact Details The APP Daniel Sagerman +1 847-800-8182 dsagerman@theapp.global Company Website https://theapp.global

May 25, 2023 08:30 AM Eastern Daylight Time

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News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

May 25, 2023 06:00 AM Eastern Daylight Time

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Ripken Baseball® to Host All-Ripken Softball Games in Elizabethtown, Kentucky from July 27-30

Ripken Baseball

Ripken Baseball®, the leader in youth sports events and facilities, has expanded its All-Ripken brand by creating All-Ripken Softball. The inaugural All-Ripken Softball Games will attract top youth softball players nationwide to compete at The Ripken Experience® Elizabethtown in Kentucky from July 27-30, 2023. Softball players must be nominated by their peers and coaches for the opportunity to train the Ripken Way, compete against elite young athletes, and participate in a world-class youth softball experience. As part of the 4-day event, participating players will receive instructional opportunities led by professional softball players from the Florida Vibe. The All-Ripken Softball players will also witness the Florida Vibe and Team Alliance take the field to play head-to-head in the Softball Exhibition Series, which is scheduled to take place at Elizabethtown Sports Park on July 27, 28, and 29. To be eligible to participate in All-Ripken Softball, players must be in high school graduation classes between the Class of 2026 and the Class of 2033 and exhibit an elevated level of softball knowledge, dedication, sportsmanship, and skill. “One of our core values at Team Alliance is to bring together multiple generations of players who share a passion for the sport of softball,” said Jami Lobpries, Ph.D., CEO of Alliance Fastpitch. “We are honored to be part of the All-Ripken Softball Games to bring together youth, college, and pro players and grow the sport for the next generation. Softball teaches important lessons on the field that players can apply to all aspects of their lives off of it.” “At the Florida Vibe, we are witnessing tremendous growth in the professional space of softball as a result of high-profile events at the youth level like the All-Ripken Softball Games,” said Ryan Moore, CEO of Florida Vibe Athletics, Inc. “This event is a shining example of the game’s evolution, and we are thankful to Ripken Baseball for creating this platform.” To nominate and register a player for the All-Ripken Softball Games, parents, coaches, and leagues can visit https://ripkenbaseball.com/all-ripken-softball/ or email questions to scout@allripken.com. About Ripken Baseball Ripken Baseball brings teammates, coaches, and families together through its Big League Experiences while teaching children how to play sports the right way – the Ripken Way. Ripken Baseball continues to innovate the game through tournaments, camps, clinics, and spring training at their state-of-the-art baseball and softball facilities – The Ripken Experience ® Aberdeen (Maryland), The Ripken Experience ® Myrtle Beach (South Carolina), The Ripken Experience ® Pigeon Forge (Tennessee), The Ripken Experience ® Elizabethtown (Kentucky), Sports Force Parks at Cedar Point Sports Center (Ohio), and Cooperstown All Star Village (New York). Ripken Baseball also brings its youth sports experience to satellite locations through Ripken Select Tournaments. Learn more at ripkenbaseball.com. Contact Details Eric PR & Marketing, LLC Eric Nemeth nemeth@ericpr.com Company Website http://allripkensoftball.com/

May 24, 2023 04:23 PM Eastern Daylight Time

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World Record Travel by Travelport: 7 Wonders of the World in Less than 7 Days

YourUpdateTV

A video accompanying this announcement is available at: https://www.youtube.com/watch?v=3tfcL-uWQy s Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, and Jamie McDonald, a British adventurer better known as “ Adventureman ”, today announced a new world record – the fastest time to visit the new Seven Wonders of the World, achieved in less than seven days. Confirmed by Guinness World Records, the journey was achieved in 6 days, 16 hours, and 14 minutes, using only public transportation. The challenge was set to Adventureman by Travelport in order to put the company’s modern retail platform, Travelport+, to the test, proving that the company’s technology allows its travel agency partners to simply plan, book and manage even the world’s most complex trip. “When we began upgrading our agency partners to Travelport+ in 2021, it was with the intent of making the complicated travel industry easier and faster to navigate,” said Greg Webb, Chief Executive Officer at Travelport. “This epic adventure was the ultimate test for our platform – could we take the world’s most complex trip and make it simple? Could we ensure it was easy to service? Would the platform be agile enough to accommodate whatever unforeseen bumps the trip encountered? Six days, sixteen hours and fourteen minutes later, we had our answer: yes, yes and yes. This trip also proves that, after a few challenging years for the industry, travel is most definitely back and better than ever.” Travelport+ provides global travel agents with modern retail technology that allows them to compare millions of travel routes and select the best one for each individual traveller. Travelbag, a travel agency who has been a longtime partner of Travelport, booked all aspects of Adventureman’s trip via Travelport+, and they were able to search, filter, find, compare and build the most complex itinerary with ease using Smartpoint Cloud. Adventureman had round-the-clock access to a dedicated Travelbag Travel Specialist who, on his request, tracked evolving travel restrictions, identified schedule changes, and made necessary tweaks to his itinerary in real time. He also was able to access Travelport’s Trip Manager feature on the go, in order to add ancillaries and extras (meals, paid seats, etc.) to his itinerary. For travelers who want to visit one, or all, of the seven modern wonders themselves, Travelbag has a range of packages available, allowing travelers to visit all seven wonders of the world themselves (packages starting from £31,000) or visit an individual wonder (packages starting at £1,300 per person). Depending on each traveler’s individual requirements, Travelbag can tailor-make the perfect holiday. “At Travelbag, we’ve planned and booked thousands of trips, and yet, even we had never seen an itinerary this complex before,” said Caroline Foxwell, Sales and Service Leader at Travelbag. “The retailing tools from Travelport+ are so powerful – Smartpoint Cloud made booking and servicing this trip so easy, it practically did the job for us. Travelport+ helps us to build the perfect itinerary for our clients, time and again, even when that client is a globetrotting, world record-setting superhero!” Adventureman began the trip at the Great Wall of China, the world's longest human-made structure, and the world-record clock started ticking the moment he left the first wonder via toboggan. Second, he visited India’s Taj Mahal – the country’s top tourist destination, which is widely considered a symbol of eternal love. From there, he traveled to Jordan and then by bus to the ancient city of Petra, whose carved rose-red sandstone rock facades, tombs, and temples became even more famous from their role in Indiana Jones and The Last Crusade. Departing Jordan, Adventureman flew to Rome to see its legendary Colosseum, envisioning ancient gladiator battles before he made time for a quick pizza pit stop (the only non-airplane food he consumed during the trip). Christ the Redeemer, the world’s largest art deco statue, brought Adventureman to Brazil, where he was equally in awe of the view from its platform as he was of the statue itself. The sixth wonder, Machu Pichu (an Incan citadel nearly 8,000 feet above sea level) was Adventureman’s favorite: he plans to go back one day and bought a stuffed llama toy there to bring back for his daughter. Finally, after only 6 days, 16 hours and 14 minutes, he reached Chichén Itzá, an archeological site that was a hallowed place of ceremony in the Mayan culture. For Adventureman, a main focus of the record-breaking trip was raising funds for his charity, the Superhero Foundation. As a child, Jamie was diagnosed with a rare spinal condition called syringomyelia, and doctors warned his parents that he might lose the ability to walk. Through the help of many doctors, hospitals and his family, his health improved, starting him on his lifelong mission of giving back to sick kids around the world. To kick start fundraising efforts, Travelport has donated $22,856, a dollar for every mile that Jamie, a Pride of Britain winner, traveled for this challenge. The money will be utilized to continue the charity’s mission: helping families in need fund treatments, therapies and equipment that aren’t freely available to them through their traditional or local healthcare support system. “In my previous adventures, I’ve run solo across America (the equivalent of 210 marathons) and have cycled 22,000 kilometers from Thailand to the United Kingdom, and yet, this was certainly my most complex, complicated trip yet,” said Jamie McDonald, better known as Adventureman. “With travel, there are just so many variables – weather, restrictions, delays, customs, traffic, cancellations, you name it. When you’re attempting to set a world record, speed and agility are absolutely key. There was no other partner besides Travelport that could’ve made this all possible.” For the trip to be endorsed by Guinness World Records, Adventureman had to abide by several rules: Use only scheduled public transportation, with licensed taxi rides unable to exceed 50 kilometers Keep a logbook with clearly indexed evidence (receipts, tickets, etc.) supporting each step Obtain receipts and/or tickets everywhere available Use accurate professional equipment (i.e. GPS tracking equipment) Take videos and photos showing the applicant, the location and the date at each site visited Get a written or recorded statement from an official member of staff, local dignitary and/or police officer at each site Understand that the ‘clock’ starts the moment the challenger leaves the first wonder site, and it does not stop for any reason until the challenger sets foot in the final site Protecting the environment is of the utmost importance to both Travelport and Adventureman. The company calculated the carbon emissions from Adventureman’s trip using using the Travel Impact Model, a shared framework for calculating air travel emissions maintained by Google and developed as part of Travalyst, an independent not-for-profit organization of which Travelport is a member. Travalyst is working to unify industry tools and information to bring sustainable travel to the mainstream. As such, the total CO2 emissions of the world record trip was 2,523 kg. Travelport will remove these emissions with high-quality carbon dioxide removal services from Climeworks. To learn more about the Seven Wonders Challenge, to book a trip to the Seven Modern Wonders, or to make a donation to the Superhero Foundation, please visit Travelport.com/7wonders Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 24, 2023 04:00 PM Eastern Daylight Time

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APP Enters New Era, Rebranding as Association of Pickleball Players

APP

Historic rebrand affirms APP’s commitment to inclusivity and providing best-in-class services for pickleball players of all ages and abilities, ranging from elite pros to recreational and amateur players; APP also launches new website that provides a content-driven, interactive, user-friendly experience for all The APP has officially changed its name today from the Association of Pickleball Professionals to the Association of Pickleball Players, a small but important distinction that reflects the APP's role as a catalyst and steward of pickleball for all players regardless of age or skill level – from the world’s elite pros to the tens of millions of amateur and recreational players. The landmark rebrand was unveiled today at the APP's annual signature event, The Boca Raton APP New York City Open, held at one of the most prestigious venues in sports – the USTA Billie Jean King National Tennis Center in Flushing Meadows. To strengthen its commitment to being a world-class digital platform for the sport of pickleball worldwide, the APP has also unveiled a new website, live now via TheAPP.global. The new website will be content-focused, user-friendly, and powered by the players, with content featuring players of all ages, abilities and backgrounds, with a significant focus on pro players. The APP’s new digital home will feature the latest news and information on APP events, compelling content, photos, and statistics on APP players, stories from across the worldwide pickleball landscape, and easy access to merchandise and tickets. The update to the APP’s official name reflects its role as a leader for pickleball’s worldwide growth, for all players. In March 2023, the APP revealed its latest round of pickleball participation research, highlighting the incredible ascension of America’s fastest growing sport - revealing that 48.3 million American adults have played pickleball at least once in the 12 months ending March 2023. This high-growth group ranges from the elite professionals who compete on the APP Tour and who are regularly featured on ESPN2 and CBS Sports Network, to the tens of thousands of amateurs who actively compete in tournaments, to recreational players simply playing pickleball for the love of the game. The APP represents one and all. As the APP grows and develops across the USA and, increasingly, into international markets, the name The Association of Pickleball Players is a true reflection of its commitment to represent everyone who picks up a paddle. “With the launch of The Association of Pickleball Players, we enter a new era,” commented Ken Herrmann, Founder of the APP. “We are naturally evolving from our roots – founded in tournaments, beloved by all who take part – to this new chapter in our growth and development and want the world to know we are here to serve all players. The future for the APP is very exciting and we’re only just getting started.” “The Association of Pickleball Players is a powerful proposition, one that points toward the APP’s exciting future,” commented APP Chief Marketing Officer, Tom Webb. “Elite professional and amateur tournaments and competition remain at the heart of our organization, as our new website demonstrates, yet we are firmly reinforcing the APP as a home for all pickleball players.” “This is the first of what will be a series of innovative, exciting updates from the APP, all driven by our focus on creating the best platforms for pickleball players to compete, to share their love of the game, and to shine a light on what makes pickleball so special.” About the APP Founded in 2019, the Association of Pickleball Professionals (APP) elevates the sport of pickleball by providing elite platforms for the best players in the world, right through to the millions of people picking up a paddle for the first time. Serving professional pickleball players, senior professionals, amateurs and recreational players in the fastest growing sport in the USA, the APP is the first and only tour officially sanctioned by USA Pickleball. The 2023 APP Tour slate has 16 tournament stops planned, in addition to International and Collegiate Series events. The APP also prides itself on developing the next generation of champions through its Next Gen Series and other youth initiatives. To stay updated on the APP, visit theapp.global and follow us on Instagram, Twitter, TikTok, Facebook and LinkedIn. Contact Details The APP Daniel Sagerman +1 847-800-8182 dsagerman@theapp.global Company Website https://theapp.global

May 24, 2023 03:00 PM Eastern Daylight Time

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National Association of REALTORS® Housing Market Update: Spring Homebuying Season Shows Steady Demand

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/ISQQ6BDbGW0 With the spring buying season in full swing, many Americans are contemplating whether it’s a good time to buy or sell a home. Higher mortgage rates and relentless competition for the few houses on the market are some of the many reasons sellers and buyers should work with an agent who is a REALTOR® to find the right home and negotiate the terms of sale. In fact, according to NAR: Overall, home sales are trying to recover, but they’re heavily influenced by interest rates. Existing-home sales will drop 9.3% this year compared to 2022 but will increase by 15.4% next year. The typical seller receives 3.1 offers on their home, and 33% of homes are selling above list price. NAR expects prices will stabilize, dropping 1.8% this year before improving 2.8% in 2024. Median existing-home prices will mostly stabilize – with the national median existing-home price decreasing by 1.8% in 2023, to around $380,000. Sales in the second half of the year should be notably better than the first half as job gains continue and more favorable mortgage rates are expected. Housing inventory is also expected to remain tight in 2023, with housing starts below historical averages. However, housing starts will increase by 6.9% in 2024. As the market continues to shift, it is important to consult an expert real estate agent who can provide essential guidance to help consumers navigate the homebuying and selling process. In fact, 91% of homebuyers say they would engage their agent again or recommend them to others. Agents who are REALTORS® not only help people achieve the dream of homeownership but also help them create long-term wealth and financial stability for their family. Over the past decade, the median-priced home in the U.S. gained nearly $200,000 in value, making the typical homeowner 40 times wealthier than if they had remained a renter. Additionally, homeowners who benefited from home price appreciation in the last decade saw their debt decrease by 21%. If you’re looking for a REALTOR ® in your area, visit REALTOR.com. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 24, 2023 02:00 PM Eastern Daylight Time

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