Nexus Energy Services, Inc.OTC: IBGR

DRYWORLD Brands Targets Multi-Sport U.S. Teamwear Supply Market

· Issued by Nexus Energy Services, Inc. via GlobeNewswire

DRYWORLD Brands Targets Multi-Sport U.S. Teamwear Supply Market

Strategic expansion into the $10B U.S. teamwear market aims to drive long-term brand growth and revenue diversification

SANTA BARBARA, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- DRYWORLD Brands Inc. (OTC: IBGR) (the "Company"), a leading sportswear and performance brand, today announced its intention to strategically enter the U.S. teamwear supply market. The Company is aiming to launch its premium line of soccer teamwear, with plans to expand into other sports such as football, basketball, hockey, rugby, volleyball, lacrosse, endurance, and more.

With a strong history of innovation in sports performance gear, DRYWORLD is set to deliver high-performance, custom-designed products tailored to meet the needs of athletes across a broad spectrum of team sports. The brand’s initiative to expand its offering to the teamwear market reflects its ongoing commitment to providing athletes of all levels with the highest quality apparel and equipment.

Over 24 million youth annually participate in organized sports, a substantial segment of the U.S teamwear market, valued at $10 billion annually. Increased investment into school and collegiate athletics has promoted growth amongst youth sports allowing for sportswear and performance brands such as DRYWORLD, to satisfy demand through expanding their product offerings. This provides the potential to drive top-line revenue growth, enhance brand recognition and unlock new partnerships with schools, clubs and professional teams across a wide range of sports.

Additionally, professional soccer clubs from around the world have a keen interest in aligning with grassroots soccer clubs in the US to expand their player pool and give their club brand and merchandise access to the US market. With Management setting the tone to enter the Top Flight soccer kit supply deal market in the UK and Europe, there is a great opportunity for strategic partnerships between US and professional soccer clubs that will benefit all parties involved as US clubs will benefit from high-performance training methodology support as well as a pathway for their players to play professionally overseas.

“We are incredibly excited for the opportunity to bring our world-class teamwear to the U.S. market. This strategic initiative is not only about expanding our product portfolio, but also about supporting teams and athletes at all levels with premium, performance-driven gear,” said Matt Weingart, Co-CEO of DRYWORLD. “We believe that the U.S. market, with its vast and diverse sports culture, is the perfect place for DRYWORLD to grow its brand and deliver value to consumers and teams alike.”

As part of this initiative, DRYWORLD is actively evaluating potential partnerships with teams and organizations that align with its performance, innovation, and sustainability values. The Company will continue to provide updates as milestones are achieved.

ABOUT DRYWORLD:

DRYWORLD is a premium performance sports brand offering innovative, superior quality apparel and gear for the athlete in all of us. We build purpose-driven products that give all athletes the edge. Engineered by athletes, proven by science. Visit dryworldshop.com

Safe Harbor for Forward-Looking Statements:

This press release contains forward-looking statements and is subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this press release are forward-looking statements. Forward-looking statements give our current reasonable expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate," "estimate," "expect," "project," "plan," "intend," "believe," "may," "should," "can have," "likely" and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events.

The forward-looking statements contained in this press release are based on reasonable assumptions we have made in light of our industry experience, perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. As you read and consider this press release you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (many of which are beyond our control) and assumptions. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual operating and financial performance and cause our performance to differ materially from the performance anticipated in the forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of these assumptions prove incorrect or change, our actual operating and financial performance may vary in material respects from the performance projected in these forward-looking statements.

Any forward-looking statement made by us in this press release speaks only as of the date of this press release. Factors or events that could cause our actual operating and financial performance to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise

For more information:
Ashlee Vogenthaler
PCG Advisory
646-343-5805
ashlee@pcgadvisory.com