ORLANDO, FL, Aug 30, 2006 (MARKET WIRE via COMTEX) -- The World Golf League, Inc. (WGFL) (WGLE) announced today that it has changed its name to WGL Entertainment Holdings, Inc. effective August 16, 2006 and its new trading symbol, "WGLE" was effective as of August 29, 2006.
"Our new name and symbol is much more consistent with our updated business model and will allow us to achieve much greater market awareness," said Mike Pagnano, CEO, WGL Entertainment Holdings, Inc. "The WGL Million Dollar Shootout Reality Series (www.wglmilliondollarshootout.com) is in the final stages of closing several airing contracts in the United States, Canada, Europe and Asia. Also, WGL Entertainment has committed to produce its new Reality Series, 'Hot Day's & Hot Night's,' which will go into production in the fall of 2006 or winter of 2007. The Hot Day's & Hot Night's concept has been very well received by industry insiders."
WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment is the producer of the WGL Million Dollar Shootout Reality Television Series and several others made for T.V. sports entertainment events scheduled to be produced in 2006 and beyond.
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
SOURCE: WGL Entertainment Holdings
