SWMBRD Sports Inc (CSE:SWIM) said the European Union (EU) Intellectual Property Office has awarded it an additional 10 community design registrations/industrial design patents.
These newly awarded designs are in addition to SWMBRD's existing intellectual property portfolio, covering multiple embodiments of its unique swimboard design and associated accessories. The EU Intellectual Property Office covers all 27 member states of the European Union, and a population of over 447,000,000 people.
In a statement, Justin Schroenn, president and CEO of SWMBRD Sports commented: "Having these European Design Registrations awarded strengthens SWMBRD's position as developer of its proprietary swimboard, and serves as a strong foundation for future SWMBRD products, accessories, events, media and lifestyle products."
READ: SWMBRD Sports says 'SWMBRD' trademark and associated logo successfully registered by the EU Intellectual Property Office
He added: "SWMBRD's expanding intellectual property portfolio continues to be a key strategic component of the Company's growth. While SWMBRD does not divulge jurisdictions in which intellectual property applications are still pending, the Company is pleased to keep investors apprised of important jurisdictions in which applications have been successful, such the European Union Design Registrations recently granted. We would like to thank Thomas Bailey and the team at Oyen, Wiggs, Green & Mutala LLP for all their efforts in helping to secure this very important accomplishment."
SWMBRD Sports is a sporting goods company based in Vancouver, British Columbia, that is looking to enable millions to rethink their way of recreating in the water. The company's management believes that SWMBRD's aquatic sports board, by virtue of its patented design, is revolutionary in how it empowers the human body in the water like nothing before, giving water lovers of all ages and abilities the freedom to explore all aquatic environments with ease.
By offering an aquatic sports board that is aimed to be versatile, easy to use, easy to store, and that can be used by all ages and body types in any body of water (rivers, oceans, lakes and pools), the company believes SWMBRD and the sport of swimboarding have the potential to become one of the most popular board sports in the world and SWMBRD has the potential to become a great aquatic brand.
The company has refined manufacturing techniques most relevant to the SWMBRD and has successfully produced demonstration versions of fully functioning boards, which have been in rigorous real-world use in Hawaii, Canada and Greece. The company is now preparing to commence large-scale mass production under an OEM (original equipment manufacturer) agreement with Tahe Sports of Vannes, France - a pre-eminent board sport manufacturer in Europe. It is SWMBRD's intention and hopes to have boards available for sale in December 2022.
Contact the author at jon.hopkins@proactiveinvestors.com