Digital Caddies Names Former Golf Channel Exec Mike Loustalot as
President and Director
SCOTTSDALE, Ariz., March 26, 2013 /PRNewswire/ -- Mike
Loustalot, a 28-year golf industry veteran, has been named
President and Director of Digital Caddies, Inc. (OTCPK: CADY), a
10-year-old, golf technology pioneer based in Scottsdale.
Prior to joining Digital Caddies, Loustalot was Vice President
of Sales & Strategic Partnerships for GolfNow, a subsidiary of
Golf Channel. GolfNow is the Internet's largest online reservations
and revenue management platform where Loustalot was responsible for
growing the company from a handful of participating golf courses in
2008 to more than 4,000 today. In 2010 more than one million
golfers used the GolfNow.com service to book nearly five million
rounds at participating courses.
"We're thrilled to have Mike leading the Digital Caddies team,"
said Digital Caddies CEO Brad
Nightingale. "Mike's knowledge, industry contacts and
technology background are invaluable as we move to the exciting
next phase in the evolution of Digital Caddies."
In his career, Loustalot has been involved in nearly every facet
of the golf business, including marketing technology, golf shop
operations and course development. Prior to GolfNow, Loustalot was
Executive Vice President of Sales for Cypress Golf Solutions (the
founding company to GolfNow), which provides management and
marketing services to course owners and operators, marketing
partners and affiliates, golfers and advertisers. Previously,
Loustalot was founder and president of Spectrum Golf, a service
bureau that provided private label, inbound call-center services
for golf courses, hotels and golf vacation businesses.
"I believe the new Digital Caddies technology platform will
revolutionize the way golfers and golf course operators interact
with each other," said Loustalot. "I'm thrilled to be a part of
such an innovative company."
A resident of Phoenix, Ariz.,
Loustalot has been married for 22 years, has two teenage children
and is an active member of the Scottsdale Charros civic
organization.
About Digital Caddies
Digital Caddies was founded in 2003 and has since established a
solid reputation and customer base using a low cost, easy to use,
easy to implement GPS service, and is now transitioning to a new
business model by providing golf courses a wirelessly connected
tablet based app that is installed on golf cars. The content
provided through this new medium is specifically designed to
promote interaction between the golfer and the device throughout
their round and thus provides an excellent opportunity for the golf
course and advertisers to interact directly with golfers in ways
that have never before been possible.
For more information about Digital Caddies please visit:
www.digitalcaddies.net
Safe Harbor
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in a number of places
in this release and include all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of Digital Caddies, Inc., its directors or its
officers with respect to, among other things: (i) financing plans;
(ii) trends affecting its financial condition or results of
operations; (iii) growth strategy and operating strategy. The words
"may," "would," "will," "expect," "estimate," "can," "believe,"
"potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, many of which are beyond Digital Caddies, Inc.'s
ability to control, and that actual results may differ materially
from those projected in the forward-looking statements as a result
of various factors. More information about the potential factors
that could affect the business and financial results is and will be
included in Digital Caddies, Inc.'s filings with the Securities and
Exchange Commission.
PR CONTACT:
|
Rob
Myers
|
480-348-7540
|
Investor Contact:
|
Michael Kordysz
|
mkordysz@digitalcaddies.net
|
SOURCE Digital Caddies, Inc.