In relation to the statement published on May 29, 2019, on the official website of the NOX brand, related to the blades manufactured in Argentina, we affirm, contrary to what is expressed there, that the manufacturing and distribution in our country by our company is legitimized by virtue of the manufacturing contract, transfer of use of the brand and distribution signed in Barcelona, on December 1, 2013, between NOX (JJ Ballvé Sports, SL) and RR Artículos Deportivos SRL . In the aforementioned contract, the company JJ Ballvé Sports , SL grants our company a license to use the NOX brand, which includes the manufacture and distribution of the aforementioned rackets in Argentina , Chile and Uruguay ( fifth clause of the contract), for a period of seven years, that is, until December 1, 2020. This contract was expressly ratified by Mr. Jesús Ballvé Cuesta, as representative of JJ Ballve Sports , dated November 30, 2016. Disregarding the important management of distribution and manufacturing of NOX blades, which we have developed without any inconvenience for more than six years, Ballve Sports is attempting to ignore its contractual obligations, citing alleged breaches on our part, which we have expressly rejected. Consequently , we inform the padel world that, contrary to what was stated in the statement we responded to, RR Artículos Deportivos SRL has acted and will continue to act in accordance with the contract that binds the parties.
RR Sporting Goods SRL.
