SOURCE: World Series of Golf

World Series of Golf

September 21, 2010 09:46 ET

(WSGF) World Series of Golf, Inc. Updates on MSNBC, Bloomberg Businessweek and USA Today

LAS VEGAS, NV--(Marketwire - September 21, 2010) -  World Series of Golf, Inc. (PINKSHEETS: WSGF) recently launched an updated and expanded business plan. In reaction to the Company's efforts to get the word out on its refreshed business strategy and new CEO, Patrick Brown, recent news on the Company has been picked up by MSNBC, Businessweek and USA Today.

http://www.msnbc.msn.com/id/39038239

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=WSGF:US
http://content.usatoday.com/topics/article/People/Celebrities/Comedians/Ray+Romano/07UZ4oX2Qh3Lo/1

LOA to Acquire Leiweke Holding Company

World Series recently executed a Letter of Agreement (LOA) for a strategic acquisition of The Leiweke Holding Company. In line with the Company's updated business plan, this contemplated acquisition includes both gaming and entertainment projects which have previously been identified by World Series of Golf as targeted areas for expansion. This acquisition is expected to close by year-end upon successful completion of terms outlined in the LOA.

More detailed news and information about the Company's updated and expanded business plan and recently signed LOA is available on the Company's corporate website www.worldseriesofgolf.com to include a recent Webcast hosted by new CEO Patrick Brown presenting highlights of recent management meetings in Las Vegas.

World Series of Golf kicked off its updated and expanded business plan last month. The updated business 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 events have attracted celebrity players to include 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.

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(r)'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(r) assumes no obligation to update and supplement forward-looking statements because of subsequent events.

Contact Information