SOURCE: WGL Entertainment Holdings

October 09, 2006 14:24 ET

WGL "Million Dollar Shootout" Expects to Close Asian Deal at MIPCOM

ORLANDO, FL -- (MARKET WIRE) -- October 9, 2006 -- WGL Entertainment Holdings, Inc. (OTCBB: WGLE) announced today that it expects to close its first network contract with a major Asian network at the MIPCOM show in Cannes, France on October 11, 2006. MIPCOM is the global content event for co-producing, buying, selling, financing and distributing entertainment content across all platforms. It provides the key decision-makers in the TV, digital and audiovisual content industry with the only forum to network, discover future trends and trade content rights on a global level.

"We are thrilled to be closing our first network contract at MIPCOM, especially in the fastest growing golf market in the world. The success of the MDSO in Asia will quickly lead to its airing on a global basis," said Michael Pagnano, CEO of WGL Entertainment Holdings, Inc. "Details of the contract will be released upon mutual consent of both parties." In addition to MIPCOM, the MDSO will also be featured at SPORTEL in Monaco from October 16 through 19.

WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment, is the producer of the WGL "Million Dollar Shootout" Reality Television Series and several other made for TV sports entertainment events scheduled to be produced in 2006 and beyond.

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.

Contact Information

  • For more information contact:
    Michael Pagnano
    WGL Entertainment Holdings, Inc.