SOURCE: World Hockey Association

April 20, 2007 13:23 ET

World Hockey Association Receives New Franchise Submission Forms From Established Teams in the United States -- Upcoming Announcements Stimulating Other Teams to Apply for Entry Into the WHA

VANCOUVER, BC -- (MARKET WIRE) -- April 20, 2007 -- The World Hockey Association (PINKSHEETS: WHKA) announced today that league officials have received franchise submission forms from two additional unnamed hockey franchises in the United States.

The two latest applications for admission into the WHA come from established teams located in Washington State and Oregon. To date, the WHA has received eleven applications to join the league. Two of those applications have been approved and two more are expected to be approved by league officials this weekend. The WHA has anticipated the current expansion will take the league from six to sixteen teams for the 2007-2008 hockey season.

The WHA expects to be able to announce the most recently approved US franchises by Tuesday, April 24, 2007.

WHA CEO Ricky Smith stated, "We are in the process of finalizing the details which will bring to the WHA two extremely established and successful US hockey franchises. The word must be getting out because this has stimulated other teams to make inquiries into the WHA. Those inquiries have resulted in the two latest franchise submission forms."

Smith added, "In the beginning we had ownership groups looking to create new franchises from scratch. Now we seem to be in a position wherein established and successful franchises are coming to us and saying, 'where do we sign?' We could not be happier with the results we are seeing from our efforts to establish a system which we feel will result in the WHA becoming the preeminent junior hockey league in the United States and Canada. This might seem optimistic, but we believe it is something we can achieve over time. It is now starting to look as though the dream that Bobby Hull, Garry Unger and I have had is beginning to become a reality."

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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