MAJOR NEWS RELEASE......
LCS Golf Forms Agreement With ConsumerNet
LCS Golf Forms Agreement With ConsumerNet
NEW YORK, Jun 23, 1999 (BUSINESS WIRE via COMTEX) -- LCS Golf (OTC
BB:LCSG) is pleased to announce that it has formed a compiled database
agreement with ConsumerNet.
ConsumerNet (www.consumernet.com) is a Red Bank, N.J.-based provider of
direct marketing and internet database management solutions.
Under the terms of the agreement, ConsumerNet will manage and market
the 4.2 million golfer database that LCS Golf's wholly-owned subsidiary
of Golf Promo, Inc has amassed as part of the ConsumerNet Alliance; an
anonymous, compiled file of internet consumers. With ConsumerNet's
database management system, LCS Golf will be able to segment their
database into more than 20 preference and demographic categories
including age, gender, and zip code. LCS will earn substantial revenues
as a result of the solicitation and use of this database.
About ConsumerNet As a forerunner in permission marketing, ConsumerNet
has garnered a significant competitive advantage in acquiring, managing
and marketing consumer preference information from both online and
offline data sources. Its distinguished list of partners includes, Fox
Interactive, Columbia Tristar Home Video, SonicNet, GameSpot,
Spinner.com, DVD Flix, and United Media, as well as, over 170 data use
clients, including Buy.com, Amazon.com and Cyberian Outpost.
Commenting on the new agreement with LCS Golf, Paul Chachko, CEO of
ConsumerNet, stated, "LCS has an extremely large and highly valuable
database within a tremendously coveted market, i.e. golf enthusiasts
which includes substantial demographic information. We currently have
strong demand from various clients for this database. We look forward
to working closely with LCS Golf in building a long-term and mutually
profitable relationship."
Alex Bruni, Chief Operating Officer of LCS Golf said, "As evidenced by
this agreement with ConsumerNet, our ongoing effort of building the
largest database of golfers is beginning to pay off handsomely.
ConsumerNet has some of the most knowledgeable and capable people in
the industry. I am confident that this relationship will be very
rewarding for both LCS and ConsumerNet."
LCS Golf encourages everyone to visit their three web sites
www.lcsgolf.com, www.golfuniverse.com and www.playgolfnow.com
LCS Golf is a holding company that intends on taking advantage of
opportunities in the golf and golf-related industries. In the last 10
months, the Company has completed four strategic acquisitions including
GolfUniverse.com, Mister B III, Play Golf Now and Golf Promo, Inc.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. Certain information included in
this press release (as well as information included in oral statements
or other written statements made or to be made by LCS) contains
statements that are forward-looking, such as statements relating to the
future anticipated direction of the golf industry, plans for future
expansion, various business development activities, planned capital
expenditures, future funding sources, anticipated sales growth and
potential contracts. Such forward-looking information involves
important risks and uncertainties that could significantly affect
anticipated results in the future and, accordingly, such results may
differ from those expressed in any forward-looking statements made by
or on behalf of LCS. These risks and uncertainties include, but are not
limited to, those relating to development and expansion activities,
dependence on existing management, financing activities, domestic and
global economic conditions, changes in federal or state tax laws and
market competition factors.
Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: LCS Golf
Alon D. Kutai, 858/793-1280
itham@aol.c
WEB PAGE: businesswire.com
|
