LRG and HoopFX Sign Licensing Agreement
July 20, 2007
HoopFX Licensed Products Grows to 18 Major Schools
MENLO PARK, CA - HoopFX LLC is pleased to announce the signing of a licensing agreement with the Licensing Resource Group, Inc. (LRG), a leading provider of licensing management services to collegiate institutions. HoopFX will initially add three LRG institutions to its licensing program, North Carolina State University, Arizona State University, and University of Dayton.
“We are excited to begin this relationship and look forward to working with the LRG and its clients to introduce innovative products to the fans of these institutions,” said James Hale, Chief Executive Officer of HoopFX. “The LRG and HoopFX were both founded on innovation and a commitment to the advancement of collegiate brands in a positive manner, making the basis for a successful relationship.”
The NC State Wolfpack, Dayton Flyers, and ASU Sun Devils all share a history of strong basketball programs. The NC State men's program has won two national championships. NC State women's basketball coach Kay Yow was recently honored at the 2007 ESPYs with the Jimmy V award. Dayton has earned 13 appearances in the NCAA tournament, including two regional finals and a run to the national championship game in 1967.
HoopFX plans to introduce new Backboard Cover designs featuring the logos of these three institutions in the third quarter of 2007. These products will be available directly at the HoopFX web site as well as through selected retailers.
The licensed merchandise program at HoopFX now includes 18 major collegiate institutions:
- Arizona
- Arizona St.
- Cal
- Dayton
- Gonzaga
- Kansas
- Kansas St.
- Louisville
- Maryland
- Memphis
- NC State
- Nevada
- Oklahoma
- Purdue
- Illinois
- Stanford
- Washington
- Wisconsin
About HoopFX
HoopFX, LLC is a Menlo Park, CA based company specializing in basketball system accessories. The innovative HoopFX Backboard Cover (U.S. Patent Pending) features officially licensed collegiate logos and other designs. HoopFX is among an elite group of companies holding a Standard License from the Collegiate Licensing Company (CLC). Please visit www.hoopfx.com for more information on our products and company.
HoopFX Contact:
James Hale, CEO
650 234 9817
james@hoopfx.com

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