Custom House

Custom House

September 24, 2007 08:00 ET

Custom House Provides Special Service to Players Competing in The Presidents Cup

Custom House, Official Foreign Exchange Provider of the PGA TOUR, continues to offer international payment solutions to the world's best

VICTORIA, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2007) - Custom House Ltd., one of the largest non-bank foreign exchange (FX) companies in the world, is proud to announce that for the second year it is partnering with the PGA TOUR to provide international payment solutions to the world's leading golf professionals at The Presidents Cup.

As the 'Official Foreign Exchange Provider of the PGA TOUR', Custom House provides online services that both simplify and centralize a complex array of international payment requirements. As part of an expanded partnership, Custom House also provides members of all three Tours the option of having tournament winnings converted to their home currency and provides currency exchange needs to the TOUR when operating international events.

"With $340 million US won in prize money in tournaments around the world, we're extremely pleased to partner with a company known for its quality service and innovation as their services directly benefit the TOUR and our players," said Rob Ohno, Senior Vice President, Corporate Marketing, PGA TOUR. "Custom House is a true leader in the foreign exchange industry with a premier service offering which certainly fits the profile of the high quality companies with which the TOUR partners."

Through its marketing partnership with the PGA TOUR, Custom House also has an opportunity to utilize TOUR assets, such as tournaments like The Presidents Cup to create relationship-building programs, on-site branding opportunities, tournament hospitality, and advertising campaigns through PGA TOUR-produced media.

"Partnering with a leading organization like the PGA TOUR provides an excellent opportunity for Custom House to work with one of the most respected brand names in the sporting industry," said Ian Taylor, Senior Vice President, Global Sales and Marketing, Custom House. "As a premier partner of the PGA TOUR, Custom House has an opportunity to connect with a core audience that is affected by volatile foreign exchange rates and seeking innovative solutions to help manage risk. With access to prestigious tournaments like the 2007 Presidents Cup, Custom House has a tremendous opportunity to showcase our international payment solutions to a much larger market."

Custom House will be onsite at the 2007 Presidents Cup from September 27 - 30, 2007.

About the PGA TOUR

The PGA TOUR is a tax-exempt membership organization of professional golfers. Its primary purpose is to provide competitive earnings opportunities for past, current and future members of the PGA TOUR, Champions Tour and Nationwide Tour; to protect the integrity of the game; and to help grow the reach of the game in the U.S. and around the world.

In 2007, the three Tours will compete in approximately 110 events for approximately $340 million in prize money. Tournaments are being held in six countries outside the U.S. and in 36 states. In addition to providing competitive opportunities for its membership, TOUR events also generate significant funds for local charities. In fact, the three Tours have surpassed the $1 billion mark in overall charitable contributions. The PGA TOUR's Web site address is www.pgatour.com and the company is headquartered in Ponte Vedra Beach, FL.

About Custom House

Custom House Ltd. is one of the largest independent foreign exchange companies in the world. The company's award-winning products, global banking relationships and international network of trading offices enable clients to make global transactions quickly, efficiently and securely. From individual consumers to Fortune 500 companies, Custom House is a leader in foreign exchange and international payment solutions. In addition to providing customized business solutions through offices around the world including Australia, Canada, Italy, New Zealand, Singapore, the United Kingdom and the United States, Custom House sets the industry standard for compliance by championing international security and regulations. For more information, please visit www.customhouse.com.

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