ORLANDO, Fla., Nov. 29, 2004 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it has reached an agreement with Upwon, LLC to distribute up to 500,000 WGL wholesale memberships through car dealerships nationwide in 2005. As each membership is redeemed, the WGL will receive $50 from Upwon, LLC.
"This is another significant accomplishment for our wholesale membership channel and The WGL Inc.," said Mike Pagnano, CEO, The WGL, Inc. "The auto industry is one of the leading sponsors of PGA golf and with redemption rates expected to be as high as 50%, this program could be worth up to $12.5 million for the WGL in 2005."
The WGL markets a professional golf concept in the USA and 27 international venues, which allows average golfers to play for substantial prize money in local and regional tournaments culminating with a PGA-style national event and world championship.
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