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Sports Field Holdings, Inc. Signs $2.0 Million Contract with Montreat College


News provided by

Sports Field Holdings, Inc.

May 11, 2015, 08:30 ET

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WARRENVILLE, Ill., May 11, 2015 /PRNewswire/ -- Sports Field Holdings, Inc. (OTCQB: SFHI) ("Company"), an innovative product development company engaged in the design, engineering and construction of athletic facilities and sports complexes, today announced that the Company signed a $2.0 million contract with Montreat College. Montreat College commissioned Sports Field Holdings for the construction of a competition-grade soccer field, athletic track, and softball field, as well as dugouts and public restrooms for event spectators.  

Montreat College, a North Carolina liberal arts college, competes primarily in the Appalachian Athletic Conference (AAC) and is a member of the National Association of Intercollegiate Athletics (NAIA). Sports Field Holdings is an official provider of athletic facilities for the NAIA, which embodies more than 260 colleges and universities as well as 22 member conferences.

"We are very excited to work with Montreat College to design and build a state-of-the-art sports complex for their athletic programs," said Jeromy Olson, Chief Executive Officer of Sports Field Holdings, Inc. "The soccer and softball fields will feature our innovative Replicated Grass product which will help improve an athlete's performance.  In addition, we will be designing and constructing a new athletic track, along with dugouts and public restrooms that will be enjoyed by spectators and athletes alike. Our turnkey solutions and network of professional service providers allow for seamless and professional installation at a competitive price point. We believe that our comprehensive approach to project management from beginning to end is a determining factor when customers seek alternatives to complex contracting processes typically required when working through various design, architecture and contracting firms."

Jeromy Olson added, "We are also very pleased to be able to strengthen our relationship with the NAIA and its network of member-schools. Sports Field Holdings is the preferred partner of the Association and we look forward to further leveraging our relationship with the member-schools.  The scope of the Montreat College project presents a unique opportunity to demonstrate the breadth of our capabilities and advances our brand recognition into the southern United States."    

About Sports Field Holdings, Inc.
Sports Field Holdings, Inc., through its wholly owned subsidiary Sports Field Engineering, 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.

Safe Harbor Statement
Any statements that are not historical facts contained in this press release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which 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 periodic reports and on documents we file with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

SOURCE Sports Field Holdings, Inc.

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