SOURCE: World Series of Golf

World Series of Golf

April 07, 2010 12:07 ET

World Series of Golf (WSGF) Presents Updated Digital Entertainment Strategy in Webcast Hosted by Small Equity Initiative Founder and NewMarket (NWMT) Chairman Philip Verges

LAS VEGAS, NV--(Marketwire - April 7, 2010) -  World Series of Golf, Inc. (PINKSHEETS: WSGF) today released an on-demand Webcast presentation presenting further information on the Company's renewed business plan and recently announced letter of intent (LOI) to receive an equity investment. World Series of Golf has hosted annual golf events in Las Vegas over the past three years and is a global sports and entertainment company whose activities include land-based and online, skill-based golf events featuring a patent-pending method of play. The planned investment is intended to better position the Company as a premier live event and digital experience organization and support the development of the Company's online game with its partner The World Golf Tour (www.wgt.com). The Company anticipates finalizing the agreement shortly.

Philip Verges of the Small Equity Initiative (www.smallequity.com) hosted the Webcast presentation released today. Mr. Verges is the founder and chairman of NewMarket Technology, Inc. (PINKSHEETS: NWMT) and China Crescent Enterprises, Inc. (OTCBB: CCTR) and recently launched the Small Equity Initiative as a not-for-profit organization dedicated to improving the small business investment market for both entrepreneurs and investors.

The World Series of Golf Strategic Update Webcast.

The Webcast released today is now available online for on-demand review. A link to the Webcast is available here: http://tiny.cc/25p7m and will be available on the corporate website www.worldseriesofgolf.com later today.

About World Series of Golf, Inc.
Based in Las Vegas, World Series of Golf (www.worldseriesofgolf.com) is a global sports and entertainment company whose activities include land-based and online, skill-based golf events featuring a patent-pending method of play. World Series of Golf, combining the skill of golf and wagering format of No-Limit Texas Hold'em poker, was played at exclusive Las Vegas-area golf resorts in 2007 and 2008. The third annual World Series of Golf was played May 11-14, 2009, at the Las Vegas Paiute Golf Resort. The company plans to achieve its international expansion goals through strategic partnerships, sponsorships, and the founders' extensive experience and contacts in the field of sports marketing. For additional information, or to register for an event, visit the company's website at www.worldseriesofgolf.com.

FORWARD-LOOKING STATEMENTS
Statements made in this news release may be forward-looking statements within the meaning of Federal Securities laws that are subject to certain risks and uncertainties and involve factors that may cause actual results to differ materially from those projected or suggested. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to: (1) the availability of additional funds to enable us to successfully pursue our business plan; (2) the uncertainties related to the appeal and acceptance of our proprietary method of play and our planned on-line products; (3) the success or failure of our development of additional products and services; (4) our ability to maintain, attract and integrate management personnel; (5) our ability to secure suitable broadcast and sponsorship agreements; (6) our ability to effectively market and sell our services to current and new customers; (7) changes in the rules and regulations governing our business; (8) the intensity of competition; and (9) general economic conditions. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in World Series of Golf's most recent periodic reports on Form 10-K and Form 10-Q that are filed with the Securities and Exchange Commission. World Series of Golf assumes no obligation to update and supplement forward-looking statements because of subsequent events.

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