Vega Announces Locations for Inaugural Season of 'Poker Tour of the Americas'
20 Giugno 2008 - 2:00PM
PR Newswire (US)
LONDON, June 20 /PRNewswire-FirstCall/ -- Vega Promotional Systems,
Inc. (VGPR.PK) today announced it has narrowed the list of stops
for the inaugural season of the Poker Tour of the Americas (PTA) to
six cities. As a result of increased interest from cities in North
and South America, Vega's plan is to hold six tournaments during
the Tour's first year, with plans to expand to Tour to eight stops
in season two. The season one plan includes tournaments in the
following cities: Vancouver, British Columbia Tunica, Mississippi
San Jose, Costa Rica Cartagena, Colombia Rio de Janeiro, Brazil
Quito, Ecuador The location of the season ending Tournament of
Champions to crown the champion of the PTA will be announced in the
next few weeks. In addition to promoting the PTA, Vega will be the
Executive Producer of the video programming and plans to air the
tournaments throughout North and South America. Since Vega will own
the programming, the Company is currently negotiating for network
airtime that would in turn, allow the Company to sell its own
advertising for the programs. The tournaments will be structured as
invitational events with players from all over the world able to
win seats via online and live local satellite tournaments. Michael
Herron, CEO of Vega stated, "This Tour will introduce the top
players in the world to new audiences in South America as well as
give local players the opportunity to play against poker's best
players. The response we have received from all over North and
South America has been incredible. With the popularity that poker
has achieved the past few years, this type of Tour makes a lot of
sense. There are some very good poker players in South America and
we look forward to finding the next big name. Our timing couldn't
be better. Poker is exploding in South America and Canada and
combined with the popularity in the U.S., we feel the PTA will be a
hit from day one. We've all seen the success that other tours like
the World Poker Tour and European Poker Tour have enjoyed and we
feel that we can produce a first class tournament. Unlike a lot of
poker programming you see on television, we are not attempting to
sell the rights to a programmer, we will own the programming and
will contract for the necessary time slots to air the one-hour
shows. This will allow Vega to profit from the advertising,
sponsorships, replays of the programming, and the tournament
itself." Additional details about the PTA will be announced as they
become available. About Vega Promotional Systems, Inc.: Vega
Promotional Systems, Inc. is a promotions and marketing company
that is seeking complimentary business opportunities that will
allow it to increase its shareholder value. The Company's stock
trades under the symbol VGPR on the pink sheets. Certain statements
in this release constitute forward-looking statements or statements
which may be deemed or construed to be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. The words "forecast," "project," "intend," "expect"
"should," "would," and similar expressions and all statements,
which are not historical facts, are intended to identify
forward-looking statements. These forward- looking statements
involve and are subject to known and unknown risks, uncertainties
and other factors which could cause the Company's actual results,
performance (finance or operating) or achievements to differ from
future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking
statements. DATASOURCE: Vega Promotional Systems, Inc. CONTACT:
Investor Relations, 1-800-481-0186, Web site:
http://www.vegapromotions.com/
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