SOURCE: World Hockey Association

April 25, 2007 10:10 ET

World Hockey Association Reports Two New US Franchises Approved for Play in the 2007-2008 Hockey Season -- The WHA's Golden Blades and Knights to Play in the Pacific Northwest

VANCOUVER, BC -- (MARKET WIRE) -- April 25, 2007 -- The World Hockey Association (PINKSHEETS: WHKA) reported this morning that WHA league officials have approved two new US expansion franchises for play in the 2007-2008 hockey season.

The two new WHA teams will play under the names of the Golden Blades and the Knights and are backed by an investment group led by Mr. Charles Clay of San Francisco, California. Clay's group is in contact with several arenas in Washington State and Oregon and is expected to announce the cities in which the new teams will be located very shortly.

Charles Clay has had long involvement in the operation of sports franchises. In the past, Clay has backed teams in both Semi-Pro Baseball and Roller Hockey. During the launch of the original professional World Hockey Association in the early 1970s, Clay was part of an investment group which was awarded the San Francisco Seahawks franchise. The Seahawks are noted in WHA lore as a team which never took the ice due to a subsequent decision to move the franchise to Canada instead of San Francisco. At the time this final league structure decision was made, the investment group of which Clay was a part then bowed out of the picture.

WHA CEO Ricky Smith stated, "We are very pleased to now have Mr. Clay and his investment group's participation in the WHA. Mr. Clay brings seasoned sports management to the table and his involvement is a welcome addition to the expansion of the WHA into the United States. Mr. Clay's group is very excited about being a part of the coming WHA 2007-2008 expansion season."

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.


Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.

Contact Information

    V. Ackland