[2] LCS Golf Agrees To Provide Comprehensive Golf Information To More Than 50,000 U.S. Communities.NEW YORK--(BW SportsWire)--Dec. 6, 1999-- An agreement between LCS LCS - Language for Communicating Systems Golf (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :LCSG LCSG Large Customer Support Group (Sprint) ) and MyCity.com (www.mycity.com) gives golfers in more than 50,000 communities access to the most complete golfing information available in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Under the agreement, MyCity.com users will have free access to the content of LCS Golf's wholly-owned subsidiary GolfUniverse.com (www.golfuniverse.com) and will be able to conduct regional searches for golf courses, play a popular Fantasy Golf Fantasy golf is a game in which the participants each assemble a team of real life golf players and then score points based on those players' performance in golf tournaments. game; receive free subscriptions to Golf News and the GolfUniverse Newsletter; get the latest Golf Tips from some of America's top pros, purchase high quality golf equipment and accessories from an online Proshop, and have point and click convenience to source the latest breaking news in the golfing world.. GolfUniverse expects to benefit from the relationship between LCS Golf and MyCity.com through increased advertising revenues, incentives that will drive more people to its web site, a broadened database and a significant boost in sales at the GolfUniverse Proshop. "The relationship will significantly expand our reach by creating more opportunity for golfers to be exposed to www.golfuniverse.com on a city by city basis. This is a big gain in our quest to be one of the leading content providers for golf and golfing community internet news," said Dr. Michael Mitchell Michael Mitchell is an indigenous former Australian rules footballer for the Claremont Football Club in the WAFL and the Richmond Football Club in the VFL/AFL. He achieved All-Australian selection in 1985 and 1986, while playing with Claremont. , LCS Golf's President/CEO." "This agreement unites two strong and respected Internet marketing See Internet advertising. companies in a powerful alliance that will bring huge advertising revenues to both parties while benefiting millions of golfers," Dr. Mitchell said. MyCity.com gives local business throughout the United States the opportunity to efficiently and affordably reach and interact with consumers in more than 500 metropolitan areas by allowing advertisers to target their messages to consumers whom fit their specific demographic and geographic criteria. MyCity.com users can get game statistics from local little league baseball teams, obtain information on fundraising activities for local churches, identify sales and specials at local stores, post information about weekend garage sales and even participate in live, interactive town hall discussions with local politicians and policymakers. Within the next year MyCity.com expects to generate 40 million advertising impressions, have two million subscribers, and a million unique users each month. The additional capability to reach millions of golfers through the agreement with LCS is expected to mutually boost MyCity.com's and Golfuniverse's revenues and prestige. 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 (www.golfuniverse.com ), Mister "B" III, PlayGolfNow (www.playgolfnow.com) and GolfPromo.net, Inc. (www.golfpromo.net). The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . 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 relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future anticipate 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. |
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