ORLANDO, Fla., June 15, 2004 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it would distribute its membership package through several golf specialty promotion firms. The WGL memberships will be sold to corporations, charities, auto dealerships and any organization that would otherwise purchase a golf promotional item such as caps, balls, etc. The membership packages will be sold at different price points based on volume and will represent a significant discount from the current retail price.
"The introduction of the wholesale membership package will significantly reduce our cost of acquisition and substantially increase the rate of membership," said Mike Pagnano, CEO The World Golf League, Inc. "Once purchased by an organization, the membership can be used as client perks to generate customer good will over an extended period of time. Unlike a dozen golf balls, which are forgotten once lost, a certain percentage of client's customers will be guaranteed entry to the WGL National Finals as they will be allocated slots based on their percentage of total WGL memberships. In fact, for each ten thousand memberships purchased, a client will be assured of a private National Final, with a prize pool of $100,000," Mr. Pagnano went on to say. The WGL, Inc. expects to sell 100,000 wholesale memberships within one year and generate revenue in excess of $5 million from the wholesale channel.
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.
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