EQS-News: SPORTTOTAL AG
/ Key word(s): Personnel/Investment
Basketball Legend Dirk Nowitzki Joins SPORTTOTAL as Investor, Advisor
Cologne, Germany, 26 May 2023 — SPORTTOTAL AG, a German technology and media company that specializes in using artificial intelligence (AI) to deliver automated live sports streaming, announced today that basketball legend Dirk Nowitzki has become a significant shareholder and joined its advisory board.
Nowitzki played 21 seasons in the NBA for the Dallas Mavericks, finishing his illustrious career as the league’s sixth all-time leading scorer. He was the first German to win an NBA title, and recently became the first from his home country to be elected into the Naismith Memorial Basketball Hall of Fame. Nowitzki still lives in Dallas, the city where STAIDIUM, SPORTTOTAL’s U.S. subsidiary, is headquartered.
Nowitzki’s investment in SPORTTOTAL is in the form of a convertible bond. It signals his belief in a company that has not only thrived in his native Germany and across Europe, but has also expanded into the U.S. and Asia over the past six months.
"SPORTTOTAL is a remarkable company with remarkable technology," Nowitzki said. "I strongly believe in its potential to revolutionize both the way fans watch sports and coaches and scouts enhance player performance."
Nowitzki will join the company’s advisory board effective immediately. He will bring a unique and highly relevant point of view to the table, especially considering he was once in the shoes of the athletes who stand to benefit from SPORTTOTAL today. The firm’s self-developed and fully-automated cameras leverage AI-powered software to follow the action, stream video and add graphic packages and statistical overlays — all without any manual oversight. SPORTTOTAL’s technology also aims to accelerate player development by providing coaches and scouts with real-time statistics and state-of-the-art analytics, as well as highlight clips of each game and player edited together using artificial intelligence.
About SPORTTOTAL AG:
Am Coloneum 2
Tel: +49  221_7 88 77_ 0
Fax: +49  221_7 88 77_ 199
26.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
|Am Coloneum 2|
|Phone:||+49 (0)221 7 88 77 0|
|Fax:||+49 (0)221 7 88 77 199|
|Listed:||Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange|
|EQS News ID:||1642439|
|End of News||EQS News Service|
1642439 26.05.2023 CET/CEST