Slinger Bag has signed a five-year distribution deal for Russia with Neva Sport, which handles the distribution for Babolat in the country as well. Slinger Bag will be launching its product in the country on April 1. As we have reported over the past few months, Slinger Bag has been signing similar deals to cover parts of Europe, North Africa, Latin America, the area around the Persian Gulf, the Asian subcontinent and the Far East – all after an initial launch last spring. A story last December pegged the company’s value on the OTCQB Venture Market at $24.2 million. It has since risen to $92.7 million.