Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : LCS Golf (LCSG) -- Ignore unavailable to you. Want to Upgrade?

To: george who wrote (602)	10/20/1999 10:01:00 AM
From: LORD ERNIE	Read Replies (1) \| Respond to of 626

NEWS LCS GOLF CREATES STRATEGIC ALLIANCE WITH GLOBAL SPORTS NEW YORK, Oct 20, 1999 /PRNewswire via COMTEX/ -- LCS Golf (OTC Bulletin Board: LCSG) is pleased to announce that it signed an exclusive joint marketing agreement with Global Sports and Travel. Under the terms of the new alliance, a Global Sports online magazine will be created and distributed to 250,000 subscribers through the LCSG consumer database. It's the intent of both companies to create a monthly golf magazine that will reach the golf consumer through traditional print magazine as well as online. Additionally, Global Sports and LCS golf, www.lcsgolf.com, will utilize their joint marketing services to create a full service marketing company that provides a complete line of products and services catering to the golf, sports and travel markets. Global Sports, www.sportsandtravel.com, has over 100 professional athletes, including 40 hall of famers, national known golf writers, and financial writers. The Global sports online magazine will initially focus on golf, with celebrity articles, worldwide golf destinations, Internet golf activities, sports issues, life style, travel and financial advice from major brokerage firms. The selling of advertising space will be done by both LCS Golf and New York-based 24/7 Media. LCS Golf and Global sports will take equal share of revenues derived from advertising sales, subscriptions and marketing information. Commenting on the newest alliance, LCS Golf President and CEO Dr. Michael Mitchell stated, "This joint marketing agreement will begin to position the company into the sports marketing world. LCS Golf will now have access to some of the most famous names in sports including our own company spokesman hall of famer Joe Namath, giving the company a strategic marketing partner to offer and distribute our many services. I believe LCSG will benefit greatly in developing an identity for our ISP service www.golfuniverse.com/isp and allows us to grow our revenue base." LCS Golf and Global Sports will be making additional announcements as the relationship evolves. LCS Golf is a holding company that intends on taking advantage of opportunities in the golf and golf-related industries. In the last 12 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. SOURCE LCS Golf (C) 1999 PR Newswire. All rights reserved. prnewswire.com CONTACT: Financial or Investment, Lara & Lee, LLC, 212-585-2300, or laraandlee@aol.com, for LCS Golf WEB PAGE: http:// www.lcsgolf.com GEOGRAPHY: New York INDUSTRY CODE: ADV SPT