ORLANDO, Fla, May 27, 2005 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFLE) announced today that it has opened four new wholesale membership channels through its agreement with Upwon LLC. Based on the success of the first quarter, memberships will be distributed in the financial, pharmaceutical, consumer electronics and automobile industries. The wholesale distribution channel has been streamlined with the sponsoring organization selecting the participants for multiple year-end WGL national tournaments, where the sponsor will also provide the prize money. The WGL expects to hold at least 10 two-day events for its wholesale customers each season, with prize money estimated to be at least $100,000 per event.
"The wholesale membership channel is poised to explode, given the popularity of using golf as a promotional corporate tool," said Mike Pagnano, CEO The WGL, Inc. "Additionally, as the WGL Million Dollar Shootout airs on network television, the popularity of this brand as a corporate promotion tool will expose thousands of new participants to the WGL concept," Mr. Pagnano went on to say. The combined markets are expected to generate $12,000,000 to $15,000,000 annually for the WGL and this does not include the licensing rights to the WGL Million Dollar Shootout.
The WGL markets a professional golf concept in the USA, which allows average golfers to play for substantial prize money in local and regional tournaments culminating with a PGA-style national event. The WGL is also the producer of the Million Dollar Shootout reality television series and has awarded over $1,000,000 in prize money to date.
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