Internet Golf Association Retains New Financial Consulting and Investor Relations Firm to Increase Exposure to the Investor Community DANA POINT, Calif.--(BUSINESS WIRE)--Aug. 16, 1999--Internet Golf Association, Inc. (OTC BB:IGAT), announced today that it has retained the services of the financial consulting firm PMR and Associates, of San Diego, California.
PMR and Associates provides consulting services to private and public companies in areas ranging from corporate finance, acquisitions, business development and investor relations. Under the leadership of Patrick M. Rost, PMR and Associates has developed a strong track record in creating shareholder value for numerous NASDAQ and OTC clients by integrating a broad range of services into the corporate strategy of its clients.
Mr. Rost is a graduate of the Catholic University of America, Columbus School of Law in Washington D.C. and the Notre Dame London Law Centre, Concannon School of International Law and Finance. He has previously served on the board of directors of several organizations, including the American Liver Foundation (San Diego Chapter) and the Scripps Memorial Hospital Steven's Cancer Center Annual Fund Raising Event. After finishing his legal career with one of the top law firms in the country, Mr. Rost joined a Holding Company as the Director of Legal affairs and Business Development. He played a major role in several acquisitions and initiated business development resulting in a revenue growth from $15 million to $75 million before he began his own firm.
''I am extremely excited about working with the management of Internet Golf Association Inc. and assisting them with strategic planning and enhancing shareholder value,'' stated Mr. Rost
''PMR and Associates brings a unique set of skills to Internet Golf Association,'' added Vince Castagnola, President of Internet Golf Association ''We believe that Mr. Rost's organization has a thorough understanding of the industry and solid financial experience to assist in bringing about significant bottom-line profits to Internet Golf Association. His investor relations credentials and contacts will provide outstanding exposure to the financial markets though his extensive network of contacts with investment bankers, brokerage firms, industry analysts, institutional investors and industry forums. We anticipate very productive relationship between our firms,'' concluded Mr.Castagnola.
About Internet Golf Association
Internet Golf Association (d.b.a. IGALinks.com) is in the process of launching the premiere golf Internet portal site. This golfer's super site, when completed, will host virtual worldwide interactive online golf tournaments, post proprietary golf content, host an online golf superstore with guaranteed lowest prices on most name brand equipment and unique proprietary products, fantasy golf travel packages, corporate golf event coordination, a weekly golf newsletter, and links to PGA, LPGA, Senior PGA, and Nike Tour up-to-date scoring.
IGALinks.com has secured a strategic alliance with Access Software Inc., a subsidiary of Microsoft Corp., to utilize the award winning Links LS software for all tournament play. Participants will be competing for large cash purses and prizes. Players will participate off-line at their own pace and scores will be uploaded through Internet Golf Association's own proprietary software, where they will be posted periodically throughout the online tournament event. IGALinks.com is striving to become the premiere golf Internet site by providing its members with updated golf related services, products, and strategic alliances.
Included in this release are ''forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors.
-------------------------------------------------------------------------------- Contact:
Internet Golf Association, Inc. Vince Castagnola, 949/443-2350 www.igalinks.com or PMR & Associates, LLC Patrick M. Rost, 760/942-0015 pmrandco@aol.com |