SOURCE: World Series of Golf

World Series of Golf

June 30, 2011 10:35 ET

(WSGF) World Series of Golf, Inc. Plans Corporate Identity Facelift

LAS VEGAS, NV--(Marketwire - Jun 30, 2011) - World Series of Golf, Inc. (PINKSHEETS: WSGF) (OTCQB: WSGF) today announced plans to update the Company's corporate identity. World Series of Golf is currently revising its business strategy to prioritize and accelerate the development of its information technology assets. As part of the revised business strategy the Company recently announced entering into negotiations to acquire a technology service firm with approximately $20 million in annual sales. The Company is planning to have a representative conduct a site visit to its acquisition candidate's headquarters in Latin America next week to review its operations as a next step in acquisition due diligence and negotiations. The Company also announced the development of a new marketing and communications plan to support the revised business strategy update. In conjunction with the new marketing and communications plan, World Series of Golf anticipates launching a corporate identity facelift starting in July to ultimately include a corporate name change and new logo.

About World Series of Golf, Inc.
Based in Las Vegas, World Series of Golf (www.worldseriesofgolf.com) is currently a global sports and entertainment company whose activities include land-based and virtual, skill-based golf events featuring a patent-protected method of play. For additional information, 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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