Outdoorsmen.com, Inc. News and Press Release Updates

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Outdoorsmen.com Completes Two More Letters Of Intent (LOI) Bringing The Total To Seven Trade Show Operators In Outdoor Industry

GREENWOOD VILLAGE, CO, February 9, 2024 – Outdoorsmen.com, Inc. announced today that it has completed two additional Letters Of Intent (LOI) bringing the total to seven outdoor industry consumer trade show operators that service the outdoor industry economy in the U.S.

Outdoorsmen.com is a social media, e-commerce, and integrated management technology company operating in the sporting goods industry, devoted to supporting the hundreds of millions of consumers and business operators that contribute to an annual gross economic output of $1.1 trillion from the U.S. outdoor economy. The Bureau of Economic Analysis (BEA) calculates the economic output of outdoor recreation to be $1.1 trillion, surpassing industries such as mining, utilities, farming and ranching, and chemical products manufacturing according to their updated national statistics and state-level data on the outdoor recreation economy that recognizes the critical role the industry plays in supporting economic growth in the United States.

"We couldn't be more excited to begin the process of welcoming two more companies into the Outdoorsmen family." said CEO of Outdoorsmen.com, Lynn Murphy. "As I pointed out in a press release a few months ago on November 14th, when announcing the first five trade show operators that we have under LOI's, this year's expectation is to acquire seventy-five individual consumer shows from a handful of the top show operators in the U.S., totaling more than $20 Million in annual revenue," added Murphy.

Outdoorsmen.com, Inc. announced in 2023 that it has implemented an aggressive roll-up strategy of small business operators and outdoor industry consumer trade shows, leading up to an initial public offering in early 2024. On February 8th, 2024 the company announced they have launched a new enterprise resource planning (ERP) cloud-based software system that will be used by the trade show operators and small businesses they acquire, as well as licensing it through a software as a service (SaaS) subscription to their business customers.

About Outdoorsmen.com, Inc.

Outdoorsmen.com is one of the largest digital media and technology companies in North America, solely devoted to the hundreds of millions of outdoor consumers and business operators that contribute to the U.S. outdoor economy. According to the Bureau of Economic Analysis (BEA) releases updated national statistics and state-level data on the outdoor recreation economy for 2022, it calculates the economic output of outdoor recreation to be $1.1 trillion, surpassing industries such as mining, utilities, farming and ranching, and chemical products manufacturing. Outdoorsmen.com, Inc. is a proud member of the Outdoor Industry Association. https://outdoorindustry.org

Safe Harbor & Disclaimer

This information also contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified using the words "could", "believe", "anticipate", "intend", "estimate", "expect", "may", "continue", "predict", "potential", "possible," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this presentation. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations, and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations, or intentions will be achieved.

Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Risks include but are not limited to general risks associated with partnerships, client cash flow, lack of sufficient capital, changes in industry related laws; possible impairment of assets, stock market conditions and liquidity in our traded stock. No information in this press release should be construed as any indication whatsoever of our current or future financial results, revenues, or stock price.

Lynn Murphy / CEO
Outdoorsmen.com, Inc.
1 (888) 838-3396
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