Classic Golf Signs Letter Of Intent to Acquire Internet Business.NEW YORK--(BUSINESS WIRE)--July 26, 1999-- Classic Golf Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CSGC CSGC Center for the Study of Globalization and Cultures (University of Hong Kong) CSGC Center for the Study of Global Christianity ) announced today that it has signed a letter of intent to acquire the Internet company Indexonly Technologies, Inc. (and the Commercial Directory: INDEXONLY.com). The purpose of INDEXONLY.com is to create the first commercial directory that will allow a searcher, with little or no knowledge of the Internet to easily and quickly access specific, clearly defined and geographically targeted information. The proprietary technology and systems in the final stages of development will position INDEXONLY.com as the prime source for searching commercially related information via the Internet. Further information on the Internet business can be obtained by viewing the corporate web page at www.indexonly.com Classic Golf Corp. has made the decision to withdraw from the professional golf tournament business as a result of an inability to contract sufficient players, negotiate television rights or make sufficient sponsorship sales in time for the World Champions of Golf tournament, scheduled for September 13 - 14, 1999. 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. in this release are made pursuant to the 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. provisions of 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. These Forward-looking statements are subject to certain risks and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell the securities. |
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