Affinity Networks, Inc. (AFFN) Announces Development of Social Network 'GolfFriendsOnline' in the $60 Billion Dollar Golf Market
Posted on: Monday, 19 May 2008, 12:00 CDT
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.
Affinity Networks, Inc.
CONTACT: John W. Madigan III, CEO of Affinity Networks, Inc.,+1-203-984-9987, jwm@affinitynetworksinc.com
Web site: http://www.affinitynetworksinc.com/http://hdesigns.sirahu.com/golffriendsonline/index.html
Source: PRNewswire-FirstCall
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