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Pointstreak Announces Acquisition of STEVA Sports Software Inc.

Jan 14, 2010

Pointstreak Announces Acquisition of STEVA Sports Software Inc.

Toronto, ON - Pointstreak.com Inc. is pleased to announce the acquisition of STEVA Sports Software Inc. ("STEVA  Sports").  STEVA Sports is a sports video analysis software platform designed to allow coaches to easily analyze, index and store video of games and practices.  The software platform also creates the ability for sports teams and leagues to develop video based scouting and recruiting content, team and league highlight videos as well as training platforms for players, coaches and game officials.   STEVA Sports currently offers video analysis platforms at the professional and amateur level for the sports of hockey, lacrosse, soccer, basketball, football and volleyball.   

Scott Secord, Pointstreak's President/CEO commented, "Pointstreak is extremely excited about the acquisition of STEVA Sports.  The company has developed a great platform which combined with Pointstreak's existing technology will revolutionize the video indexing business through the automation of the majority of the indexing process.  We further believe this will greatly enhance Pointstreak's existing business models and combined will significantly contribute to the acceleration in the growth of both companies."
 
STEVA Sports will operate as a wholly owned subsidiary of Pointstreak.com Inc. and the day-to-day operations will continue to be handled by the founders of the company; Ron Mathurin, David Hessand Matt Annis. The combined technology teams will work together to create new and enhanced service platforms including the automation of video indexing through each company's existing software platforms.

Ron Mathurin, Vice President of STEVA Sports stated. "Today is a monumental day for both our existing clients and future clients.  Technology is shaping a new competitive dynamic in the video analysis industry and the merger of STEVA Sports with Pointstreak will position both companies to seize new technology opportunities.  Our combined companies will drive innovation and bring value across every aspect of each of our product lines and services.  The merger of our technologies will ensure that our clients benefit from a greatly enhanced system creating a platform that is not currently available in the market place today."

Pointstreak currently provides software solutions including real-time scoring, official statistics, online registration and payment processing as well as website design and content management to more than 2,000 professional and amateur sports leagues, 10 national federations, 1,700 high schools and recently surpassed the 3,000,000 player mark in statistics recorded.  


Scott Secord added, "Live video and on-demand video through the internet has become such a major part of the daily routine of the sports fan that it became essential for Pointstreak to deliver a platform to its customers that meets the demands of their fans and media partners.  I am confident the merger of our technologies will exceed the expectations of our clients, their fans and media partners."

About STEVA Sports:

STEVA Sports is committed to providing professional quality sports video analysis software to amateur and professional athletes and coaches.  Established in September, 2004 STEVA Sports has quickly become globally recognized as a leader in the video analysis software industry with more than 50% of the professional, collegiate and junior hockey league market and is now visible in over 15 countries around the world.

STEVA Sports provides coaches and athletes with the benefits of video analysis that historically have only been available to professional level coaches and players.  Athletes respond best through visual feedback, and there's no finer method than by example - Visualize Success! STEVA Sports is easy to learn, easy to use and provides the functionality all coaches and athletes could ever want at a price that easily fits into any budget.

For more information regarding STEVA Sports visit stevasports.com.
For further STEVA Sports information please contact:

Ron Mathurin - Vice President, (613) 889-5163, ron@stevasports.com

About Pointstreak:

Pointstreak provides technology driven sports management and sports software designed to streamline operations while facilitating and enhancing the sport participant, fan and media experience. Pointstreak's product line includes solutions for professional, collegiate, and junior sports leagues as well as for amateur and recreational sports leagues. Pointstreak's technology and products are designed to save sports organizations time, money, and effort and include solutions for statistics, online registration and website design and hosting. More information can be found on Pointstreak's website at www.pointstreaksolutions.com  or www.pointstreak.com.
 
For further Pointstreak information please contact:

Scott Secord - President/CEO, (905) 731-9867, ssecord@pointstreak.com
Gregg Sayer - Vice President of Communications, (604) 734-3505, gregg@pointstreak.com

 





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