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Wednesday January 13, 11:47 am Eastern Time
Company Press Release
Marquee Group in Expanded Role With Classic Golf
NEW YORK--(BUSINESS WIRE)--Jan. 13, 1999--Classic Golf Corp. (OTC BB:CSGC) announced Wednesday it has signed an agreement with The Marquee Group (AMEX:MRT - news), for Marquee to act as the exclusive sales agent for all tournament sponsorship, hospitality and media sales.
Marquee will also serve as the exclusive sales agent for television rights to the World Champions of Golf tournament (Sept. 13-14, 1999).
The World Champions of Golf will feature six two-man teams competing for $540,000 in prize money. Each team will comprise a recent major championship winner (British Open, US Open, Masters, PGA Championship) and a professional playing partner also from the PGA Tour.
An 18 hole first round will seed the six teams for three matches in the afternoon. The championship match will feature the two teams with the best scores from the first round, and they will play 9 holes of match play for the first prize. The second and third matches will follow the same format, and determine 3rd through 6th team positions. A Pro-Am competition will be held on Tuesday, Sept. 14, 1999.
Damian Loth, Classic Golf Corp. president/CEO stated: ''We are using the golf division as talent agents for the tournament, and now the sales division will perform another vital function for the event. We're delighted to be represented by an organization that boasts as much combined sports marketing expertise as the Marquee Group does.''
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 live television production. In the area of talent representation, The Marquee Group represents international stars such as John Daly, Scott Hoch, Michael Owen, Alan Shearer and Patrick Rafter.
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.
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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., 604/816-3974 |
