SOURCE: World Hockey Association

April 10, 2007 09:30 ET

World Hockey Association Adds New Franchise in British Columbia -- Now Two New Franchises Approved for Play in 2007-2008 Season

VANCOUVER, BC -- (MARKET WIRE) -- April 10, 2007 -- The World Hockey Association (PINKSHEETS: WHKA) announced today that league officials had approved another franchise for entry into the WHA for the 2007-2008 hockey season. This latest WHA entry, slated for a city in British Columbia, will join the recently announced Edmonton, Alberta area organization as the second new franchise to officially join the WHA as part of next season's planned expansion to sixteen teams.

League President Ricky Smith's office revealed the latest franchise sale was made to an independent ownership group which had identified a city in British Columbia with an excellent ice arena. The group had assured the WHA its planned franchise would be ready to commence play this coming season. The name of the ownership group, the team name and its location will be announced at a press conference at the end of April.

Smith's office stated that a combined total of nine new and existing teams currently playing in other leagues had to date submitted forms to join the WHA. Omitting the two teams which have now been approved for play, the application tally still contains four teams from Washington State in the USA, and three teams from the Alberta Province of Canada awaiting approval. Decisions are expected shortly regarding the remaining seven applications.

Smith's office reconfirmed that negotiations continue with additional ownership groups who have expressed an interest in joining the WHA, but who have not yet submitted franchise applications.

The WHA had recently revealed the expansion will result in a restructured divisional format for the league once all the ownership groups for teams in the new cities have been approved.

About the World Hockey Association:

The WHA created the WHA Junior West Hockey League to promote the sport of hockey. The Junior West Hockey League is an alternative, community-based league for highly skilled junior players, and is designed to promote high standards of sportsmanship in hockey. The 2007-2008 season will feature an expansion from six to 16 teams and will see the WHA firmly established in British Columbia, Alberta and the Northwestern United States.

As a listed company on the Over-The-Counter Pink Sheets our mission is to provide a financially sound economic model that is responsible to WHA investors, coaches and staff, and the junior hockey players participating on each team. Fan satisfaction is a primary consideration in our decision making process.

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