To: Jodi Segal-Lankry who wrote (1013 ) 2/8/1998 5:00:00 PM From: Just-a-thought Respond to of 1574
Financial Fairway Vol. VIII January 1998 News Update With Monday/Tuesday golf tournaments gaining more recognition there is now a publicly traded golf company that is dedicated to putting together these types of events. Creative Sports Marketing which trades under the name AccSys Global Systems and symbol (OTCBB:ACCY) plans to launch their first tournament in March of 1998. The inaugural event in the Classic Series of professional golf was originally scheduled to be played at the Raven Golf Club at South Mountain in Tempe, Arizona on March 30th 1998 but at the time of press the company said that the location might change and did not feel comfortable confirming an exact location. They did assure us however that the event was going to be played on the 30th in the Phoenix, Arizona area. They also told us about two key players that are confirmed to play in the event. Jack Nicklaus and the 1999 U. S. Ryder Cup Captain, Ben Crenshaw are the first two invitees confirmed by organizers for the opening event of the series. John Daly had been announced by the company to compete in the event that was originally scheduled for early December but may be unable to attend due to the rescheduling to March. It is ACCY's intent to have a field of six championship winners who will each invite a fellow professional to form six two-man teams for the $420,000 event. Classic Series Executive Director, David Marr III said "One of the great pleasures I've had growing up in the golf business has been getting to know great players on a personal level. With the Classic Series, I think we've found a way for corporate sponsors and the average golf fan to also experience tournament golf on a more personal level, which we expect will prove immensely popular." In terms of revenue generation "With a Ryder Cup style team format, unique corporate hosting opportunities and a national television broadcast we projects strong revenues from multi-level corporate sponsorship sales. " says Damion Loth, President of ACCY. As for how it all began. In 1992 Damian Loth first enlisted the support of David Marr to help develop the television strategy for the Barbados Golf Classic, an event Loth was developing for a client. The two later teamed again for the 1995 Carbite West Coast Classic in Vancouver, where Loth created the event and Marr produced the television coverage. In 1993 Marr had been appointed Executive Director of the Tradition, a major championship on the Senior Tour, where during his tenure he improved the bottom line by $2 million. Loth and Marr were convinced that a well run series of special events could carve a profitable niche in the professional golf market., while paying tribute to the style of events that were the forerunners to the modern PGA Tour. In the spring of 1995, Marr began developing the idea with his father, Dave Marr, the late NBC golf analyst and 1965 PGA Champion. According to the Company, ACCY will hold three tournaments in 1998, four in 1999, six in 2000 and eight in 2001. ParValu is now on board with Golf.com. Take a look! Just-A-Thought