LNU 0.00% 0.2¢ linius technologies limited

Dear Shareholders; We are pleased to announce that the...

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    Dear Shareholders;

    We are pleased to announce that the deployment for Lone Star Conference (LSC), our second NCAA college conference, is live. LSC now have access to all games from the men’s and women’s 2023/24 basketball season. They have begun familiarising themselves with the tool and will be producing sample content including season highlights, team/player highlights, and summaries of their championship games. This content will be used to keep fans engaged during the off-season and as promotional materials in the lead up to next season. Most importantly, it will be showcased in their upcoming “Media Day” in July, where LSC presents their latest media and digital strategies to potential sponsorship and media partners with the intent of securing major sponsors prior to the next school year (which starts in September in the US).

    The deployment for American football is underway, with Linius and LSC team members reviewing the available data and designing the best possible deployment to unlock the value of their fantastic football content. We look forward to sharing news shortly of this next phase going live and to showing some examples of videos generated by Whizzard Highlights for football.

    LSC along with our first NCAA customer, Peach Belt Conference, will be supporting Linius in promoting our solutions at the upcoming National Association of Collegiate Directors of Athletics (NACDA) Conference in June. This conference is attended by over 6,000 commissioners, athletic directors, and other sports leaders from major NCAA conferences and schools, providing a tremendous opportunity for Linius to showcase our solutions to decision makers in a target market with a total addressable market of $70m+.

    As always, thank you for your continued support.

    Linius Technologies Limited (ASX: LNU) 14 May 2024

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