Gelteq’s Sportsgel Brand Named Official Sponsor of the Professional Pickleball Tour and League of Australia and New Zealand
28 February 2025 - 12:45AM
Gelteq Limited (NASDAQ: GELS) (“Gelteq” or the “Company”), a global
biotechnology company that specializes in the formulation,
development, and manufacturing of ingestible gel technology,
announces today that its sport-focused brand Sportsgel has been
named an official sponsor of the Professional Pickleball Tour and
League of Australia and New Zealand, PPA Tour Australia (“PPAA”),
and Major League Pickleball Australia (“MLPA”). Boasting the
highest level and prize money of the sport in Oceania, PPAA and
MLPA feature Pro teams, and high-profile owners including former
World No.1 golfer Adam Scott, NBA Star Patty Mills, five-time
Olympian Nat Cook, and cricketing legend Steve Smith.
“Pickleball has become one of the fastest growing sports in the
world, and we are thrilled to partner with PPAA and MLPA,” said
Nathan Givoni, Gelteq Co-Founder and CEO. “With our innovative
platform, along with the expertise of our new Head of Sports
Performance, Matthew Jones, we will collaborate with PPAA, MLPA,
and their partners, teams, and athletes to develop tailored,
league-branded products specific to the rigors of pickleball.”
The three-year sponsorship agreement with each organization
grants Gelteq exclusivity for any consumable performance, health,
recovery or other sports related gels. The sponsorship will feature
on-court branding for Sportsgel at all events run or operated by
PPAA and MLPA with additional branding on team apparel and across
social and digital platforms.
PPAA and MLPA CEO and Co-Founder Adam Thompson said, “Gelteq’s
customizable gel-based delivery platform offers our teams the
opportunity to redefine hydration and recovery for our sport. With
the solutions we are going to develop together, our athletes can be
confident they’re getting high quality products to be their best on
match day.”
About Gelteq
Limited:
Headquartered in Melbourne, Australia, Gelteq (NASDAQ: GELS) is
a global biotechnology company focused on developing and
commercializing white label gel-based delivery solutions for
prescription drugs, nutraceuticals, pet care, and other products.
Gelteq advances and commercializes its delivery solutions within
five core verticals: pharmaceuticals, over-the-counter medications,
nutraceuticals, animal medications, and sports nutrition. The
Company’s unique formulation directly addresses the issues
associated with traditional drug delivery methods such as
difficulty swallowing, taste of unpalatable ingredients, and dosage
control. For more information, visit www.gelteq.com and our
sportsgel brand website www.sportsgel.com.
About PPA
Tour Australia
and Major League
Pickleball
Australia:PPA
Tour Australia (“PPAA”) is the
official Professional Pickleball Tour of Australia and New Zealand,
featuring the best players, highest prize money, and world-class
events across the region. Committed to expanding the sport, PPAA
provides elite competition, top-tier training, and strategic
partnerships to elevate pickleball’s presence. Alongside the tour,
Major League Pickleball Australia
(MLPA) brings a high-stakes team-based format, featuring
high-profile owners such as Adam Scott, Patty Mills, Nat Cook, and
Steve Smith, further driving the sport’s growth and mainstream
appeal.
Forward-Looking
StatementsCertain statements in this press release
may constitute “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995. All
statements, other than statements of historical fact, contained in
this press release are forward-looking statements. Forward-looking
statements contained in this press release may be identified by the
use of words such as “anticipate,” “believe,” “contemplate,”
“could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,”
“plan,” “potential,” “predict,” “project,” “suggest,” “target,”
“aim,” “should,” “will,” “would,” or the negative of these words or
other similar expressions, although not all forward-looking
statements contain these words. Forward-looking statements are
based on Gelteq’s current expectations and are subject to inherent
uncertainties, risks and assumptions that are difficult to predict,
including risks related to the timing and fulfilment of current and
future orders relating to Gelteq’s products, the success of new
programs, the ability to implement a new strategic plan and the
success of a new strategic plan. Further, certain forward-looking
statements are based on assumptions as to future events that may
not prove to be accurate. For a further discussion of risks and
uncertainties that could cause actual results to differ from those
expressed in these forward-looking statements, as well as risks
relating to the business of Gelteq in general, see the risk factors
in its Annual Report on 20-F filed on November 15, 2024. All such
forward-looking statements speak only as of the date they are made,
and Gelteq undertakes no obligation to update or revise these
statements, whether as a result of new information, future events
or otherwise.
Contact:CORE IR516-222-2560PR@gelteq.com
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