CEC Properties Inc. Acquires Classic Management Inc. and WorldWise Marketing and Graphics.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--Aug. 18, 1997--CEC Properties Inc. (BB:CECI CECI Centre Canadien d'Étude et de Coopération Internationale (French) CECI Centre Canadien d'Etudes et de Cooperation Internationale CECI Center for Educational Computing Initiatives CECI Consulting Engineers Council of Illinois ) Monday announced the signing of definitive agreements to acquire both Classic Golf Management Inc. and WorldWise Marketing & Graphics. Georgia-based Classic Golf Management specializes in managing and maintaining golf courses. In addition, Classic Golf Management owns and operates pro golf shops and HYDROTURF, a course maintenance company. WorldWise Marketing & Graphics is a Southern California-based full service marketing and advertising concern providing creative audio, video and print services to both commercial and retail markets. With the acquisition of Classic Golf Management and WorldWise Marketing & Graphics, CEC (Central Electronic Complex) The set of hardware that defines a mainframe, which includes the CPU(s), memory, channels, controllers and power supplies included in the box. Some CECs, such as IBM's Multiprise 2000 and 3000, include data storage devices as well. Properties has aligned itself to become a major player in the golf management field. Paul Balalis, chairman of the board and founder of CEC Properties, said, "With the strategic acquisitions of Classic Golf Management and WorldWise Marketing & Graphics, we believe we have positioned ourselves to compete with anyone in the (golf management) market by providing superior products and services at competitive prices." CONTACT: CEC Properties Inc., Newport Beach John Clark John Clark is the name of:
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