Affinity Networks Inc. (AFFN) Launches New Member Based Online Community 'GOLF-MD' Enters the $60 Billion Dollar Golf Gear Marke
24 March 2008 - 9:51PM
PR Newswire (US)
NORWALK, Conn., March 24 /PRNewswire-FirstCall/ -- Affinity
Networks Inc. (OTC:AFFN), the leading provider of Internet services
to private clubs and regional golf associations nationwide, has
announced the launch of Golf MD, an interactive member based
Website focusing on health, training, instruction and golf related
e-commerce. The world golfing community represents one of the most
sought after demographics in advertising today. The Company feels
its direct links to the 1.8 million membership of private club and
regional golf association members offers a unique opportunity to
capture market share in advertising revenue, equipment sales and
member benefits. These categories alone account for over half of
the $60 billion spent on golf annually. The Company projects that
initial revenue streams from these areas can show profitability in
the first year of Golf MD. The new site can be accessed at
http://www.golfmd.biz/. "We have always recognized the value of
being able to reach the network of affluence that these member
based groups represent. Looking into the future, the entire
membership base will be able to access a wide array of benefits
offered exclusively through the Affinity Network." stated CEO John
W. Madigan III. Affinity Networks, Inc. (AFFN) has combined major
regional golf associations in the United States to operate under
one efficient national network of member-based websites. Servicing
over 1.8 million affluent private club and registered golf
association members, the Company provides Internet communication
services, member based benefits and luxury products to association
members through the Association Sponsorship Network(TM). Affinity
Networks, Inc. (AFFN) has been providing services to major regional
golf associations since 1999 when it launched the Metropolitan (NY)
Golf Association (MGA) site. In addition to servicing and hosting
over 130 golf association and private club sites, Affinity has
managed member data and was the first provider to initiate online
tournament and event registration. As a trusted gatekeeper of this
valuable proprietary information, Affinity Networks has become a
preferred vendor for the management of online communications. "We
are very excited about the future of Affinity Networks and we look
forward to a healthy and prosperous relationship with our
shareholders." stated Mr. Madigan. To learn more about Affinity
Networks, Inc. please visit: http://www.affinitynetworksinc.com/.
Disclaimer: CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements," which are
statements related to future, not past, events. In this context,
the forward- looking statements often include statements regarding
our goals, plans, projections and guidance regarding our financial
position, results of operations, market position, pending and
potential future acquisitions and business strategy, and often
contain words such as "expects," "anticipates," "intends," "plans,"
"believes," "seeks" or "will." Any such forward-looking statements
are not assurances of future performance and involve risks and
uncertainties that may cause results to differ materially from
those set forth in the statements. These risks and uncertainties
include, among other things, (a) general economic and business
conditions, (b) the level of strategic partner incentives, (c) the
future regulatory environment, (d) our cost of financing, (e) our
ability to complete acquisitions and dispositions and the risks
associated therewith, and (f) our ability to retain key personnel.
These factors, as well as additional factors, could affect our
forward-looking statements. We urge you to carefully consider this
information. We undertake no duty to update our forward-looking
statements, including our earnings outlook. DATASOURCE: Affinity
Networks Inc. CONTACT: John W. Madigan III, CEO of Affinity
Networks Inc., Web site: http://www.affinitynetworksinc.com/
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