SOURCE: World Series of Golf

World Series of Golf

January 11, 2011 10:40 ET

(WSGF) World Series of Golf Announces 2011 Greenfield Partnership Program Webcast Scheduled for Friday, January 14th

LAS VEGAS, NV--(Marketwire - January 11, 2011) - World Series of Golf, Inc. (PINKSHEETS: WSGF) (OTCQB: WSGF) today announced the Company is scheduled to be featured in a NewMarket Technology, Inc. (PINKSHEETS: NWMTD) (OTCQB: NWMTD) Greenfield Partnership Program videocast planned for release this Friday, January 14th. World Series of Golf joined the Greenfield Program late last year. The Greenfield Partnership Program was launched more than a year ago to support entrepreneurial, high growth companies in achieving their operational and business objectives. The program has expanded to include eight public and private companies so far and anticipates an even more rapid expansion of member companies in 2011. 

The videocast will highlight the current and anticipated future benefits of the Greenfield Partnership Program to member companies and their shareholders and a link to the upcoming videocast will be posted to World Series of Golf's website www.worldseriesofgolf.com upon release. Past Webcasts and communications are also available on the corporate website.

2011 Business Plan Webcast

Last week, World Series of Golf released an on-demand Webcast presentation discussing the Company's recent patent assignment, continuation of past golf tournaments and plans to diversify the Company's business offerings in 2011. The Webcast is available for on-demand viewing on the Company's corporate website at www.worldseriesofgolf.com.

Texas Hold'em and Golf All In One

World Series of Golf introduced an updated business plan in 2010 enabled by a strategic investment introduced through the NewMarket Technology Greenfield Partnership Program. The new plan includes a continuation of the Company's past golf tournaments that combine the wagering format of Texas Hold 'Em and the skill of golf. Past World Series of Golf events have attracted celebrity players including Ray Romano, Phil Ivey, Daniel Negreanu and others. World Series of Golf® is a fully-reporting and audited company compliant and current with all regulations required to support transparency standards. To support the updated business plan, the Company has recently entered into a strategic investment arrangement anticipated to infuse $1,446,500 over time.

U.S. Patent Number 7,841,933

On November 30, 2010, the United States Patent Office assigned to the World Series of Golf Patent Number 7,841,933 for the method of conducting sports tournaments with wagering, including virtually and online. The Company is currently exploring various gaming options with top game developers, as we look to develop online, gaming console and freestanding kiosk gaming options. The explosion of motion-based gaming is a particularly good fit for our game and newly issued patent. The Company is continuing to pursue additional claims it has pending with patent office, which the Company and its patent counsel are optimistic about being successful.

About NewMarket Greenfield Partnership Program

NewMarket launched the Greenfield Program last year to facilitate the start-up and early stage development of high-growth potential businesses. The Greenfield Program concentrates on early stage, rapid growth opportunities in the world's emerging markets, with program participants in China, Southeast Asia, South and Central America and East Africa, in addition to a handful of program participants in North America.

Follow the Greenfield Partnership Program on Facebook at: http://tinyurl.com/greenfieldpp and on Twitter at http://twitter.com/greenfieldpp.

About World Series of Golf, Inc.

Based in Las Vegas, World Series of Golf (www.worldseriesofgolf.com) is a global sports and entertainment company whose activities include land-based and online, skill-based golf events featuring a patent-protected method of play. World Series of Golf, combining the skill of golf and wagering format of No-Limit Texas Hold 'Em poker, was played at exclusive Las Vegas-area golf resorts in 2007 and 2008. The third annual World Series of Golf was played May 11-14, 2009, at the Las Vegas Paiute Golf Resort. The company plans to achieve its international expansion goals through strategic partnerships, sponsorships, and the founders' extensive experience and contacts in the field of sports marketing. For additional information, or to register for an event, visit the company's website at www.worldseriesofgolf.com.

FORWARD-LOOKING STATEMENTS
Statements made in this news release may be forward-looking statements within the meaning of Federal Securities laws that are subject to certain risks and uncertainties and involve factors that may cause actual results to differ materially from those projected or suggested. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to: (1) the availability of additional funds to enable us to successfully pursue our business plan; (2) the uncertainties related to the appeal and acceptance of our proprietary method of play and our planned on-line products; (3) the success or failure of our development of additional products and services; (4) our ability to maintain, attract and integrate management personnel; (5) our ability to secure suitable broadcast and sponsorship agreements; (6) our ability to effectively market and sell our services to current and new customers; (7) changes in the rules and regulations governing our business; (8) the intensity of competition; and (9) general economic conditions. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in World Series of Golf®'s most recent periodic reports on Form 10-K and Form 10-Q that are filed with the Securities and Exchange Commission. World Series of Golf® assumes no obligation to update and supplement forward-looking statements because of subsequent events.

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