BRASSIE SIGNS NEW GOLF COURSE MANAGEMENT CONTRACT.ST. LOUIS--(BUSINESS WIRE)--AUGUST 29, 1995--BRASSIE GOLF CORPORATION (Nasdaq Symbol: PUTT; TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). Symbol: TEE) today announced that it was awarded a contract to manage the North Port National Golf Club at the Lake of the Ozarks The Lake of the Ozarks is a large man-made reservoir created by impounding the Osage River in central Missouri in the northern part of the Ozarks. In addition, three smaller tributaries of the Osage which were also impounded include the Niangua River, the Grandglaize Creek, and in southern Missouri. The contract was awarded to Brassie by the Great Southern Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. in Springfield, Missouri Springfield is the third largest city in Missouri. On July 1, 2006, its estimated population was 150,797, of whom 150,790 lived in Greene County and 7 lived in Christian County[1]. It is the county seat of Greene County. , which foreclosed on the property on July 31, 1995. Brassie has already made significant changes at the facility, including the hiring of a new director of golf and the installation of its proprietary information management system. The 18-hole public course has been renamed the Osage River Club, and is now taking reservations for tee times and golf outings at (314) 365-9607. Terry Anton, Brassie Golf Corporation's Director of Marketing, stated, "The Osage River Club is in an ideal location in the Lake of the Ozarks region, a popular vacation destination in Missouri. With Brassie on board, focusing on improving the quality of the golf course and providing the highest level of customer service, we expect this to be a very successful turnaround for our client." Brassie Golf Corporation, through Summit Golf Corporation (a wholly-owned subsidiary) and its Hale Irwin Golf Design division, is 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 the U.S. and Mexico has grown to become the third largest in the industry and the second largest among U.S. publicly-held companies. CONTACT: Investor Relations Investor relations The process by which the corporation communicates with its investors. John Nesbett/Jason Thompson Lippert/Heilshorn & Associates (212) 838-3777 or Company Contact: Gary Nacht Executive Vice President, CFO See Chief Financial Officer. (813) 621-4653 |
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