SOURCE: World Hockey Association

March 22, 2007 15:15 ET

The World Hockey Association Announces Expansion Into USA -- Four Teams Submit WHA Expansion Ownership Forms for the Washington State Area

VANCOUVER, BC -- (MARKET WIRE) -- March 22, 2007 -- The World Hockey Association (PINKSHEETS: WHKA) today confirmed that as a result of previously announced league expansion meetings held in Seattle, Washington last week, four US-based ownership groups have now submitted forms for WHA expansion franchises planned for Washington State in the USA.

League Commissioner Bobby Hull revealed that the four US teams will be coming from a combination of franchises which were previously a part of other leagues and newly established teams created specifically to play in the WHA.

WHKA CEO Ricky Smith commented, "Things are moving along faster and better than Bobby Hull and I had originally hoped. The Northwestern USA is a market in which the WHA has wanted a significant presence from the start. When the US ownership groups saw what the WHA had planned for our hockey league, they responded enthusiastically. We are now in the process of reviewing the applications and hope to be able to announce all four deals have been inked very shortly and announce the Washington State cities involved in the expansion."

Assuming the four new franchises are approved, the WHA will have now added five new teams to its fold. Earlier this week, league officials confirmed an Edmonton, Alberta-area WHA franchise had been created by an Edmonton investment group.

CEO Smith stated, "WHA blueprints ultimately call for the expansion to take the league from six to 16 teams for the 2007-2008 hockey season. It looks like we might be halfway there already. We couldn't be more pleased with our progress. Four or five years down the road, we think we will be in the driver's seat. When people think of Junior Hockey, we believe they will think of The World Hockey Association first and foremost.

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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