March 21, 2008--The World Series of Golf is a unique event that combines the savvy, skills and luck of both golf and poker, and returns to Las Vegas for the second annual event, this time at the fabulous Las Vegas Paiute Golf Resort, the home of three Pete Dye Las Vegas golf courses. The event will be played May 12-15, and is open to those willing to ante up $10,000 to test their skills against world-class poker players, celebrities and everyday golfers, just like 31-year old Mark Ewing, who won the event last year, pocketing 250k. "The World Series of Golf is a completely new way to experience the game of golf," says Terry Leiweke, president of the World Series of Golf. "It demands skill on the links, betting savvy and nerves of steel. For any golfer who has ever said 'I'd bet anything that I can make this shot,' now is his chance to prove it." For more ...

The World Series of Golf name was inspired by the world-famous World Series of Poker, the largest poker tournament in the world, an event also played in Las Vegas. Although unrelated events, the organizers hope the intrigue of this golf event will allow it to blossom into the dramatic event that the World Series of Poker has become. The original founders of the World Series of Golf were able to secure rights to the name when the PGA Tour let the trademark filing expire. For several years, the PGA Tour operated a World Series of Golf event, although not in the same format.

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The 2007 inaugural event was hosted by the Mirage Hotel & Casino and aired on NBC Sports in June 2007 and was watched by more than 2-million people. The event included 60 amateur golfers with Ewing, a 31-year-old day-trader from Newport Beach, CA, taking home the top prize of $250,000. Notable personalities playing in the inaugural tournament included poker stars Phil Ivey, Phil Gordon and Rhett Butler, former NFL quarterback Mark Dyle, and former major league baseball player, Dusty Allen.

Played in a patent-pending method of play, the World Series of Golf allows for high stakes to ride on each and every shot of the tournament.  Similar to poker, players must ante up before teeing off at each hole.  Depending on the outcome of the tee shots, the player can then raise, call, check or fold on subsequent shots, with the winner of the hole collecting the pot.  The result is a dramatic competition in which every shot counts, and wagering strategy is just as important as skill. As in poker, when a player no longer has any chips to ante up, that player is eliminated. The winner of each group moves onto the next round until the final group yields the golfer who is crowned the champion of the World Series of Golf.

A Publicly Traded Company

From the driving range to Wall Street, the World Series of Golf recently announced the completion of a reverse merger with Innovative Consumer Products, Inc., effective February 1, 2008.  In conjunction with the reverse merger, the company is now trading on the OTC Bulletin Board under its new ticker symbol "WSGF."

"Our core business is land-based golf events, combined with broadcast opportunities and online skill-based play that bring together the skill of golf with the wagering strategies of poker. Over the past two years our patent-pending golf tournament format has gained significant momentum among golfers, sponsors, strategic partners and the media" said Mr. Leiweke.  "As a publicly-traded company we will have expanded growth opportunities and increased transparency for our investors and, in the months and years ahead, we hope to be able to translate our initial success into meaningful value for shareholders."

Strategic Partners

World Series of Golf achieves world-wide reach through a powerful array of strategic partners that include global leaders in sports, entertainment and media. This all-star team includes The Mirage Hotel & Casino, Octagon, Bluff Magazine, The Custom Group, World Golf Tour, Van Wagner Sports, SME, and the Las Vegas-based media conglomerate Greenspun Media Group including Vegas Golfer Magazine.