SOURCE: World Series of Golf

World Series of Golf

January 04, 2011 11:30 ET

(WSGF) World Series of Golf Presents PPS and ROI Potential, Recent U.S. Patent Assignment and Inclusion in the NewMarket Technology Greenfield Partnership Program

LAS VEGAS, NV--(Marketwire - January 4, 2011) - World Series of Golf, Inc. (PINKSHEETS: WSGF)(OTCQB: WSGF) is beginning the year amidst a series of year-end review and outlook presentations. The Company has been featured in two on-demand Webcasts within the last two weeks and has scheduled an on-demand Webcast for Thursday, January 6th, to present more details on the Company's recent patent assignment and plans to diversify its business offerings in 2011.

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, Inc. (PINKSHEETS: NWMTD) (OTCQB: NWMTD) 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.

World Series of Golf's New Role in the Greenfield Partnership Program

World Series of Golf has recently been included in the NewMarket Greenfield Partnership Program and was highlighted last week in an on-demand NewMarket Technology CEO Webcast presentation. The Webcast is available now for on-demand review at www.newmarkettechnology.com or directly at http://tinyurl.com/NewMarket1230.

PPS, ROI and The OTC(BB) Factor Webcast

World Series of Golf was also recently featured in a Greenfield Partnership Program Webcast available for on-demand review now at http://tinyurl.com/GFWebcast1221. The Webcast, titled 'The OTC(BB) Factor -- A Different Perspective On Achieving An ROI' discusses the different types of companies quoted on the over-the-counter market while suggesting different investment expectations associated with each type and suggesting specific strategies to achieve investment expectations.

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. Program participants include China Crescent Enterprises, Inc. (OTCBB: CCTR), NuMobile, Inc. (OTCBB: NUBL) and Savanna East Africa, Inc. which currently trades on the Pinksheets under ticker symbol "NVAE."

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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