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Wednesday, 07/17/2002 6:35:27 PM

Wednesday, July 17, 2002 6:35:27 PM

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ASGA Tour, Inc. Executes Agreement with American Amateur Golf Tour

ELIZABETH CITY, N.C., May 6 /PRNewswire-FirstCall/ -- ASGA, Inc. (OTC Bulletin Board: ASGA - News) announced today that its wholly owned subsidiary, ASGA Tour, Inc., has entered into an agreement with the American Amateur Golf Tour (AAGT), the largest amateur tour in the Country conducting amateur tours in 23 cities and will continue to develop new cities in the future. Under the terms of the agreement, ASGA granted certain exemptions from qualifying for AAGT amateur players based on the AAGT's Order of Merit and will provide its Special Events Services for the AAGT National Championship in Scottsdale, Arizona. AAGT will provide certain marketing services through its tour cities relating to ASGA's Special Events Services and will assist with the organization of ASGA's skills event in each of the five regions of the AAGT.

"This relationship with the largest amateur tour in the country provides the ASGA with significant marketing opportunities to grow our Special Events Services revenues. I look forward to working with AAGT management in maximizing our opportunities, and I anticipate a long term beneficial relationship," stated Tom Kidd, President and CEO of ASGA.

"The affiliation with the ASGA will enhance our national championship tournament by providing an inside the ropes experience for our players. In addition, AAGT players can qualify to compete as amateurs in the ASGA events and receive a tour card for the 2003 season. We recognize that ASGA brings to enhance the quality of our events, expand the sponsorship and promotional opportunities and supplement the growth of our tour," stated Larry Dolan, President of the American Amateur Golf Tour.

About ASGA, Inc.

ASGA (OTC Bulletin Board: ASGA - News) is engaged in the business of developing the country's premier intermediary professional golf tour conducting tour caliber events for PGA Tour professionals 45 years of age and older, who are preparing for the Senior PGA Tour and non-exempt professionals on the Senior PGA Tour. Tour events are week-long events with Junior Clinics, pro-ams, entertainment, leader boards, hospitality, with local market charities benefiting from the event. ASGA also owns and operates Transportation Safety Lights, Inc., a wholly owned subsidiary, involved in the business of manufacturing and marketing of safety light products for the transportation industry.

About American Amateur Golf Tour

The American Amateur Golf Tour (AAGT) is in its 17th year and recently tripled in size due to the expansion into 11 new markets, totaling 23 markets for 2002. With over 3,000 current members the AAGT expects to reach its objective of 10,000 members by 2004. The mission is to recruit golfers of all skill levels to compete in professionally managed events on a regular basis and enjoy the benefits of membership in the number one amateur tour in the country.

For more information, at the Company, contact Tom Kidd - 252.331.0351 For Investor Relations, contact Eddie Khoury, OTC Financial Network - 877-366-0842 or 781-444-6100, ext. 644, or email: eddie@otcfn.com. See also www.otcfn.com/asga.

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