Affinity Networks, Inc. (AFFN) Announces Development of Social Network 'GolfFriendsOnline' in the $60 Billion Dollar Golf Market
May 19 2008 - 10:56AM
PR Newswire (US)
NORWALK, Conn., May 19 /PRNewswire-FirstCall/ -- Affinity Networks,
Inc. (AFFN), the leading provider of Internet services to private
clubs and regional golf associations nationwide, has announced the
development of Golf Friends Online (GFO), an interactive social
networking site focusing on all of the varied interests of golfers
world wide. The prototype design can be viewed at the following
site: http://hdesigns.sirahu.com/golffriendsonline/index.html . GFO
will be the hub of a multifaceted social network based on multiple
enthusiast groups. With access to over 1.8 million golf association
members, the Company will accelerate network growth through "viral
looping", perhaps the most significant business accelerant since
the search engine. "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 social networks based
on multiple interests," stated CEO John W. Madigan III. "The
differentiating factor is our immediate access to affluence. Most
of the major social networks, such as MySpace or Facebook started
at zero and relied on a viral build. We are simply cultivating what
we already have and jumping to the head of the line," added Mr.
Madigan. 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., +1-203-984-9987,
Web site: http://www.affinitynetworksinc.com/
http://hdesigns.sirahu.com/golffriendsonline/index.html
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