Greens Worldwide Incorporated Closes Acquisition of BreakThru Media, Inc.
Greens Worldwide Incorporated (OTC BB: GRWW.OB) announced today that it has acquired all of the assets of BreakThru Media, Inc , a leading producer of interactive CD Rom marketing materials for sports events and sports organizations.
Hertford, NC, November 04, 2005 --(PR.com)-- Greens Worldwide Incorporated (OTC BB: GRWW.OB) announced today that it has acquired all of the assets of BreakThru Media, Inc , a leading producer of interactive CD Rom marketing materials for sports events and sports organizations. (www.breakthrumedia.com).
BreakThru’s specialized expertise in sports and consumer marketing were key factors in GWI’s decision to acquire the assets. BreakThru Media assets will be contributed to a new subsidiary for the product launch. BreakThru Media completed projects include the Chick–fil-a Peach Bowl, the Kentucky Derby, and Marshall University, among others. Current projects include the Peach Bowl.
“Our acquisition of the assets of BreakThru Media will enable GWI to deliver enhanced capability and value to our partners on the US Pro Golf Tour and is another step in executing our long term business strategy of becoming a sports marketing and management company,” said Tom Kidd, Chief Executive Officer of GWI.
“Rarely do you have an opportunity to join forces with a forward thinking company like Greens Worldwide. We see this affiliation as a springboard to presenting new and exciting options to the sports marketing industry.” Added Chip Emerson, President of Breakthru Media, Inc.
About Greens Worldwide Incorporated
Greens Worldwide is a sports marketing and management company whose business strategy is to become a unique sports marketing and management company, and to pursue acquisitions of certain sports and sports related entities. GWI currently owns and operates the US Pro Golf Tour.
About US Pro Golf Tour, Inc.
The US Pro Golf Tour, a wholly owned subsidiary of GRWW, is the country's premier intermediary professional golf tour conducting tour caliber events for former PGA Tour professionals preparing for the Champions Tour, non-exempt professionals on the Champions Tour, and celebrity challengers and professionals 18 years old and up preparing for the big tour. The US Pro Golf Tour also conducts a Pro Net competition for players of all skill levels 18 years of age and older who will compete for substantial prize money with their handicaps in the Tour event atmosphere of Tour events. US Pro Golf Tour tournaments are week-long events with Junior Clinics, pro-ams, entertainment, leader boards and hospitality, with local market charities benefiting from the event. Events are televised on The Golf Channel through the Tour’s show, “54 Holes to Sunday”. The US Pro Golf Tour has all the amenities of the PGA Tour, including electronic leader boards, official scoreboard, real-time scoring, hospitality center, gallery and national television coverage on The Golf Channel. Golfers who wish to compete in US Pro Golf Tour events must first complete a membership form for member status in either the Pro Net or Pro Championship Division by visiting the tour’s web site, www.usprogolftour.com.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contact
Tom Kidd
Chief Executive Officer
252.264.2064
###
BreakThru’s specialized expertise in sports and consumer marketing were key factors in GWI’s decision to acquire the assets. BreakThru Media assets will be contributed to a new subsidiary for the product launch. BreakThru Media completed projects include the Chick–fil-a Peach Bowl, the Kentucky Derby, and Marshall University, among others. Current projects include the Peach Bowl.
“Our acquisition of the assets of BreakThru Media will enable GWI to deliver enhanced capability and value to our partners on the US Pro Golf Tour and is another step in executing our long term business strategy of becoming a sports marketing and management company,” said Tom Kidd, Chief Executive Officer of GWI.
“Rarely do you have an opportunity to join forces with a forward thinking company like Greens Worldwide. We see this affiliation as a springboard to presenting new and exciting options to the sports marketing industry.” Added Chip Emerson, President of Breakthru Media, Inc.
About Greens Worldwide Incorporated
Greens Worldwide is a sports marketing and management company whose business strategy is to become a unique sports marketing and management company, and to pursue acquisitions of certain sports and sports related entities. GWI currently owns and operates the US Pro Golf Tour.
About US Pro Golf Tour, Inc.
The US Pro Golf Tour, a wholly owned subsidiary of GRWW, is the country's premier intermediary professional golf tour conducting tour caliber events for former PGA Tour professionals preparing for the Champions Tour, non-exempt professionals on the Champions Tour, and celebrity challengers and professionals 18 years old and up preparing for the big tour. The US Pro Golf Tour also conducts a Pro Net competition for players of all skill levels 18 years of age and older who will compete for substantial prize money with their handicaps in the Tour event atmosphere of Tour events. US Pro Golf Tour tournaments are week-long events with Junior Clinics, pro-ams, entertainment, leader boards and hospitality, with local market charities benefiting from the event. Events are televised on The Golf Channel through the Tour’s show, “54 Holes to Sunday”. The US Pro Golf Tour has all the amenities of the PGA Tour, including electronic leader boards, official scoreboard, real-time scoring, hospitality center, gallery and national television coverage on The Golf Channel. Golfers who wish to compete in US Pro Golf Tour events must first complete a membership form for member status in either the Pro Net or Pro Championship Division by visiting the tour’s web site, www.usprogolftour.com.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contact
Tom Kidd
Chief Executive Officer
252.264.2064
###
Contact
Greens Worldwide Incorporated
Vera L. Harrell
252-264-2064
www.usprogolftour.com
Vera L. Harrell
252-264-2064
www.usprogolftour.com
Contact
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