ORLANDO, Fla., Feb. 6 /PRNewswire-FirstCall/ -- The U.S. Pro Golf Tour Presented by SportsQuest, (BULLETIN BOARD: SPQS) a wholly-owned subsidiary of Greens Worldwide, Inc., (Pink Sheets: GRWW) announces its 2008 schedule. For 2008, there are five USPGT Championships, featuring two, $1 Million events, a Pro-Celebrity Team Championship and season-ending $1 Million Tour Championship for a total purse of $4.22 Million. With bonus awards, $4.425 Million total.
The 2008 USPGT Championships: August 18-24, 2008 Million Dollar Invitational - $1 Million Buffalo Run Golf Club - Denver, CO September 2-7, 2008 Pro-Celebrity Team Championship* - $620,000 CrossCreek Golf Club - Temecula, CA *Invitation only October 6-12, 2008 Grand Palms Classic - $600,000 Grand Palms Resort - Pembroke Pines, FL October 13-19, 2008 Million Dollar Challenge - $1 Million Cobb's Glen Country Club - Anderson, SC December 8-14, 2008 Tour Championship - $1 Million Twin Oaks Golf Club - San Marcos, California
All 2007 members in good standing will be allowed to play in their respective events for no membership or entry fees in 2008. This includes 2007 members of the USPGT Texas and California series.
"The 2008 schedule, purses and formats of competition were developed after evaluating several different potential structures for the 2008 Tour. The 2008 USPGT Championships are designed to maximize the potential for player earnings, limit weekly expenses for the Tour and the players, give more opportunities for more players to make money by paying deeper into the field, and allow scheduling so players can play a full schedule on a mini-tour of their choice with minimum conflict issues," stated R. Thomas Kidd, CEO. "When we returned to Greens Worldwide and the USPGT last August, one of the stated goals was a re-launch of the USPGT. I am pleased that we have met that goal. In doing so, I believe we have improved on the opportunities for players and the opportunities for our partners with the formatting of our events."
The Tour intends to expand the schedule for 2009, but in general, USPGT events will have large purses and fewer events on its schedule. 2009 will also bring the regional system development into play and USPGT anticipates that Players will be able to compete at a regional level for lower than normal mini tour entry fees and costs, with access to the larger purse events of the USPGT.
The USPGT also announces that its website, http://www.usprogolftour.com/, has been re-launched and will be live shortly, with Austin, TX based Infinity Pro Sports working with USPGT staff on the redesign.
About the U.S. Pro Golf Tour Presented by SportsQuest
The U.S. Pro Golf Tour Presented by SportsQuest will rapidly become the nation's premier intermediary tour, featuring more than 300 talented young professional golfers representing 34 states and 12 countries. The Tour will deliver a "Big Tour" experience for players and spectators by providing first class amenities, including skybox and grandstand seating, scoreboards, celebrity pro-ams and corporate hospitality. In addition to its Championships, the Tour intends to develop a regional tour system.
About SportsQuest, Inc.
SportsQuest, Inc. (BULLETIN BOARD: SPQS) is a vertically integrated sports and entertainment marketing and management company, engaged in owning and operating sports entities and their support companies. SportsQuest, Inc. currently owns SportsQuest Management Group, Inc. (http://www.sqcorporation.com/), owns a controlling interest in Greens Worldwide Incorporated, (Pink Sheets: GRWW) (http://www.grwwsports.com/) and has executed a definitive agreement to purchase JAVACO, Inc. (http://www.javacoinc.com/). In our continuing effort to develop a more cohesive and synergistic organization, we are structured in a way that allows all of our wholly owned subsidiaries to utilize each other's resources to the greatest extent possible. In addition, the Company's strategic plan is to deliver substantial value by providing multiple sports and entertainment platforms and media to leverage our partners advertising and promotional dollars, while delivering the finest sports and entertainment opportunities to retain and build customers. For our non-sports businesses, we will utilize the media and promotional benefits of our media platforms in Television, Radio, and Print, together with Internet Television and other like strategic relationships, to grow our consolidated revenues. The Company intends to continue its strategy of acquiring profitable sports and sports related firms, together with other businesses that would benefit from the synergy the Company provides.
Forward-Looking Statements
The statements contained in this news release that are not purely historical 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, and are intended to be covered by the safe harbors created thereby. Forward-looking statements, such as our intent to develop a system of regional development tours, deal with the Company's current plans, intentions, beliefs and expectations. Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed from time to time in reports filed by the Company with the Securities and Exchange Commission.
Contact: Mark Edwards
423.314.6216
