The following news release came out yesterday.Our comments will follow the paste of this NR.Very exciting beginning
"he Zone Entertainment Group Announces US Expansion, Signs Letter of Intent with AMF Bowling Centers,
Inc. for strategic alliance on new entertainment complexes
RICHMOND, BC, June 20 /CNW/ - The Zone Entertainment Group Inc. (CDNX: ZON,
www.zone-entertainment.com) today announced its plans for expansion into the US market. In a Letter of Intent
signed with AMF Bowling Centers Inc. (NYSE: PIN - news), the largest owner and operator of bowling centers
in the world, the two companies will establish a strategic alliance for the development of new bowling-based
family entertainment complexes in the United States.
The proposed strategic alliance will involve the exclusive use of AMF bowling equipment and apply the unique
design, layout and operational approach of The Zone's current facilities.
``We are extremely pleased to have established this strategic alliance with AMF,'' said Mr. Chuck Wills,
President of The Zone Entertainment Group. ``As a leader in both the manufacturing of bowling equipment and
the development and operation of bowling centers, AMF's support of our expansion into U.S. locations will give
us access to a tremendous resource of industry experience and expertise. We look forward to working with
such a reputable organization, and are very excited to be establishing our footprint in the United States.''
``AMF is very interested in developing long term relationships with innovative companies such as The Zone, to
foster growth of bowling around the world,'' said Mr. Simon Shearer, Senior Vice President of AMF Bowling
Centers, Inc. ``We are especially pleased to work with The Zone, targeting the under-served U.S. retail mall
market segment.''
About The Zone Entertainment Group Inc.
---------------------------------------
The Zone Entertainment Group operates family entertainment complexes comprised of state-of-the-art ``Zone''
Bowling Entertainment Centers featuring both 5- and 10-pin lanes, a unique 'cosmic' bowling experience as well
as its ``Big River'' Brew Pubs and Restaurants. With an emphasis on traditional values and superior service,
The Zone and Big River offer a unique formula of fun, food and beverages for the whole family.
About AMF Bowling Centers Inc.
------------------------------
AMF Bowling Centers (www.amf.com) is the largest owner and operator of bowling centers in the United States
and worldwide. AMF has 539 bowling centers, with 421 centers in the US and 124 centers across 11 other
countries. In addition, the Company is one of the world's leading manufacturers and marketers of bowling center
equipment, directly or indirectly supplying over 10,000 bowling centers worldwide.
``Chuck Wills''
Mr. Chuck Wills, President
Note: The Canadian Venture Exchange has neither approved nor disapproved the information contained herein.
For further information
or to request a detailed Investment Package, please contact Investor Relations at 1-888-301-6788
Investor Contacts: Mr. Ron Baldwin, Corporate Communications, Zone Entertainment Group Inc., t:
604.271.2625, Ext. 245, e: rbaldwin@zone-entertainment.com
Mr. Anthony Zelen, Investor Relations, Mindshare Communications, t: 888.301.6788, e:
zon@mindsharecommunications.com " |
