*****NEWS******
Friday November 6, 4:32 pm Eastern Time
Company Press Release
Classic Golf Corp. Signs With Marquee Group
NEW YORK--(BUSINESS WIRE)--Nov. 6, 1998--Classic Golf Corp. (OTC:CSGC - news) announced Friday that it has signed an agreement with Marquee Cambridge Golf, the professional golf division of the Marquee Group (AMEX:MRT - news), as the exclusive talent provider for the New York Classic Series event.
The Marquee Group is comprised of businesses that lead the way domestically and internationally in talent representation, sports and entertainment marketing, event management, live music and television production. In the area of talent representation, the Marquee Group represents international stars such as Michael Jordan, John Daly and Patrick Rafter.
Marquee Cambridge will contract six major championship winners from the PGA Tour and six playing partners also from the Tour, to compete as two man teams in the New York Classic Series event in September 1999.
Damian Loth, president/CEO stated: ''In 1995 I worked with the then Cambridge Sports International to contract 60 PGA Tour Players for the 1995 Carbrite West Coast Classic, the first event to feature Tour players in western Canada in 30 years. They were of great assistance then and I am delighted to be working with Cambridge as part of the Marquee Group.'' Additionally, ''We have shifted our focus away from senior golfers and concentrated our efforts on producing events that feature major championship winners from the regular PGA Tour to strengthen the appeal of the Classic Series to corporate America. This agreement is an important milestone.''
Classic Golf Corp. owns and operates a series of professional golf tournaments called the Classic Series. The Inaugural Classic held in Phoenix in March featured golf legends Jack Nicklaus, Gary Player and Sam Snead in the field of twelve players. The Classic Series of professional tournaments has the support of the Professional Golfers' Association of America (P.G.A.).
This letter contains forward-looking statements with the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. Although the company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Important factors, such as demand for products, manufacturing costs and competition could cause actual results to differ materially from the company's expectations.
------------------------------------------------------------------------
Contact:
Investor Relations:
Millennium Holdings/Wall St. Assoc.
Phone: 561/988-2334, fax: 561/988-0815
E-mail: MHGI@bellsouth.net
www.millenniumholdings.com
or
Company Contact:
Classic Golf Corp., 516/946-6777 |
