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Pointstreak Announces Acquisition of Basketball Scoring Application, CREZ Basketball Systems Inc.

Jun 27, 2011

Toronto, ON – Pointstreak Sports Technologies Inc. is pleased to announce the acquisition of CREZ Basketball Systems Inc., an electronic scoring, video indexing and diagramming system designed for the sport of basketball. The application was developed by David Clausi, a professor at the University of Waterloo, and has been operating in the basketball market for years. 

Scott Secord, Pointstreak’s President/CEO commented, "We are extremely pleased to be adding the functionality of the CREZ basketball system to our existing sports platforms. CREZ’s suite of scoring, video indexing and diagramming solutions offers state of the art technology to any basketball organization. This acquisition will provide the foundation for a more complete basketball solution that will yield the same level of success Pointstreak has achieved with the launch of our baseball platform in 2009.”

Pointstreak has assumed all business activities of CREZ and will begin immediately with the development of a more refined and complete application providing not only a front-end scoring application but the complete line of Pointstreak related technologies including statistical databasing, real-time delivery, team/league administrative tools, online registration and payment processing as well as the integration of our web-based content management system and video indexing platforms. Pointstreak expects to have a fully functioning application available to basketball teams, leagues and associations by September 2011.

About Pointstreak Sports Technologies Inc.:

Pointstreak Sports Technologies Inc.'s mission is to provide innovative technologies to enhance the experience of the global sports community.

Pointstreak provides innovative solutions for sports organizations such as associations, leagues, clubs and teams that are geared towards streamlining operations and improving the experience of the sports participant, fan and media. Pointstreak's major brands include: Pointstreak Stats, a real-time scoring & official league statistics system; Pointstreak Registration; an online registration & payment processing system; Pointstreak Sites; a website content management system; Team Locker Room, a free team-based social network; and STEVA Sports; sports video indexing and analysis software. More information about Pointstreak Sports Technologies Inc. can be found at www.pointstreak.com or through the product information website www.pointstreaksolutions.com.

 





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