BRASSIE GOLF CORPORATION ANNOUNCES NEW MANAGEMENT CONTRACT.TAMPA, Fla.--(BUSINESS WIRE)--April 26, 1996--BRASSIE GOLF CORPORATION (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Symbol: PUTT; TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). Symbol: TEE) today announced it has signed an agreement to manage the Southern Dunes Golf & Country Club, located in Haines City Florida. The term of the contract is for three years and includes profitability incentives. Southern Dunes is a full service semi-private club located within a gated community gat·ed community n. A subdivision or neighborhood, often surrounded by a barrier, to which entry is restricted to residents and their guests. . The club offers golf, tennis, swimming, fine dining and a fully-stocked pro-shop. Additionally, the club features unique three bedroom luxury vacation villas. Bill Horne, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Brassie Golf Corporation, said, "Southern Dunes is an excellent all around full service facility. The golf course itself is a Steve Smyers championship designed course and is rated four stars by Golf Digest Golf Digest is a monthly golf magazine published by Advance Publications in the United States. It is a generalist golf publication covering recreational golf and men's and women's competitive golf. magazine. Furthermore, the facility benefits from its close proximity to Disney World, located only 20 minutes away." Brassie Golf Corporation and its Hale Irwin Golf Design division are engaged in the acquisition, design, construction, operation and management of private, semi-private, resort and daily-fee (i.e., "public") golf courses. Brassie's portfolio of owned and managed courses in 14 states has grown to become the third largest in the industry and the second largest among U.S. publicly-held companies. CONTACT: Company Contact: William Horne President and CEO (813) 621-4653 or Investor Relations Investor relations The process by which the corporation communicates with its investors. Contact: Jason Thompson Lippert/Heilshorn & Associates (212) 838-3777 |
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