PSSI Enters Long Term Partnership Agreement Further Expanding Revenue Streams

SportsHero Limited (“SportsHero”, the “Company”) (ASX:SHO) is pleased to announce that it has today entered into an updated and expanded partnership agreement (“Partnership Agreement”) with the Football Association of Indonesia (“PSSI”), which significantly extends the term and expands the scope of the previous partnership agreement in relation to the ‘Kita Garuda’ white label mobile application.

  • PSSI has entered into an updated and expanded Partnership Agreement with SportsHero for an extended term of 3 + 3 + 3 years.
  • The extended term of the updated and expanded Partnership Agreement allows SportsHero to develop and deliver additional functionalities, including a ticketing platform for live matches, in-app merchandise fan shop and an in-app live streaming.
  • Linius hyper-personalised video technology will be integrated into the ‘Kita Garuda’ mobile application, allowing users to stream their personalised video content.
  • The updated and expanded Partnership Agreement will facilitate ongoing collaboration between SportsHero and PSSI, providing the opportunity to further develop, introduce, integrate and enhance other functionalities for the ‘Kita Garuda’ mobile application.

SportsHero’s CEO, Mr Tom Lapping,

/Public Release.