ORLANDO, Fla., May 24, 2004 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it would host four special events in 2004 on the Monday following the U.S. Open, British Open, PGA Championship and The Ryder Cup. The events will be played under the WGL one-day qualifier format and will have a cash prize pool to be determined by the sponsor. The events will be open to the first 72 members who register for each individual event and will be held in the NYC metropolitan area, Massachusetts, Wisconsin and Michigan. A national and regional sponsor will support each event.
"The Major's Series will create a grassroots brand awareness of the WGL and will provide national and regional media an opportunity to cover the WGL first hand", said Mike Pagnano, CEO The World Golf League, Inc. "Except for the British Open, the events will be co-located with the Major championships and played the day after the final round to capture the excitement each event is sure to generate. Additionally, the WGL will extend invitations to several of the sports journalists covering the Major's to participate first hand in the "Play for Pay" concept," Mr. Pagnano went on to say.
The WGL markets a professional golf concept in the USA and 27 international venues, which allow average golfers to play for substantial prize money in local and regional tournaments culminating with a PGA-style national event and world championship.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.