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Book4golf.Com To Buy Technology Partners, Inc.


Business Editors

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec. 30, 1999

(CDNX CDNX

See Canadian Venture Exchange (CDNX).
:BFG BfG Bundesanstalt für Gewaesserkunde (Germany: Federal Institute of Hydrology)
BFG Big Friendly Giant (Roald Dahl book)
BFG Battlefleet Gothic (game)
BFG Briefing
)

Deal To Increase Book4Golf Market Reach and Broaden Product

Offering

Book4golf.com Corporation (CDNX:BFG), a leading golf web portal See portal.  and provider of the premier Internet-based, tee-time reservation system to the golf industry, in a move designed to increase its growing market reach and broaden its product offering, announced today that it has entered into a letter of intent to buy Technology Partners, Inc. of Naples, Florida Naples is a city in Collier County, Florida, USA. As of 1 July 2006, the U.S. Census Bureau estimated the city's population at 21,804.[3] Naples is the County seat of Collier County, and is a Principal City of the Naples-Marco Island, Florida Metropolitan Statistical  for terms to be disclosed. Technology Partners is the developer and supplier of the award-winning TeeOff tee·off  
n.
The act or an instance of teeing off in golf.

Noun 1. teeoff - the act of hitting a golf ball from the teeing ground at the start of each hole
 automated tee-sheet product designed for the hotel, resorts and golf community industries.

Technology Partners' best-in-class TeeOff system offers golf courses with a broad range of feature-rich, easy-to-use golf optimization software Free and Open Source software
  • ASCEND — mathematical modelling system
  • OpenOpt (license: BSD) — toolbox with connections to lots of solvers, for Python language programmers
  • COIN-OR SYMPHONY — integer programming, Common Public License
 tools that are designed to increase productivity, leverage decision support for management, increase customer satisfaction, and leverage the marketability of golf courses. These tools include a) an Interactive Voice Response feature which allows golfers to book tee times over the phone in a pleasant, automated environment, b) a Cable TV module which allows for close circuit viewing of a daily tee sheet from within a golf community, resort or other shared networked environment, c) a tried and proven Networkable Tee Sheet application and engine for the Pro Shop, Hotel, Resort, Starter Booth, back office from which all modules are driven.

The TeeOff system is used by over 50 golf courses and resorts around the United States, including Arnold Palmer's Bay Hill Club located in Orlando, Florida, Arnold Palmer's home course and resort. Arnold Palmer's Bay Hill Club is also the home of the PGA (1) (Professional Graphics Adapter) An early IBM PC display standard for 3D processing with 640x480x256 resolution. It was not widely used.

(2) (Programmable Gate Array) See gate array and FPGA.
 Tour's Bay Hill Invitational.

"The acquisition of Technology Partners gives us immediate access to a leading and award winning automated tee-sheet product which, when combined with our already successful online tee-sheet application, will help us achieve our goal of becoming the standard in the automated tee-sheet business," said Phillip DeLeon, President, Book4golf.com. "This acquisition puts us today where we expected to be in six months. In an environment where speed to market is key to success this transaction clearly increases our competitive advantage. We will immediately begin the integration of our products making more features available to our customers."

"Deciding to become part of the Book4golf.com organization was an easy decision for us. We feel that Book4Golf.com has the right technology platform, corporate strategy and people to become the leading provider of Internet services to the golf industry," said Donald Collins, 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. , Technology Partners. "Combining our two organization gives us the ability to dominate the automated tee-sheet market in North America and to further increase our product offering to our current and future customers."

A portion of the purchase price will be satisfied by the issuance of common shares of Book4golf.com at a deemed price equal to the weighted average trading price Trading price

The price at which a security is currently selling.
 on CDNX for the 30 trading days preceding closing.

Book4golf.com is an Internet-based, real-time tee-time reservation system. The Book4golf.com web portal and software also provides golf courses with sophisticated, easy-to-use tools for increasing productivity, managing their business, and gaining access to additional customers and revenue. Visit our web site at http://www.book4golf.com.

The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX)  has neither approved nor disapproved of the information contained herein.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 30, 1999
Words:546
Previous Article:Celsion Reports Fiscal 1999 Results With Sharply Reduced Operating Losses and a Much Improved Balance Sheet.
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