Hadn't seen this mentioned yet so I thought I would post it...if someone has already posted this, my apologies:
Press Release<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com
fficeffice" /><o
></o>
SportsDirect Inc, publishers of Covers.com, announce acquisition of Wagerline.com
Halifax, Canada – January 5, 2004 <o></o>
SportsDirect Inc, publishers of Covers.com, today announced the acquisition of Wagerline.com, the leading sports contest and office pools site online. SportsDirect will acquire all of the intellectual property, customers and traffic from Wagerline.com in a $1.2-million deal. With this acquisition, SportsDirect will become the largest publisher of sports gaming information properties in North America. <o></o>
Wagerline.com was launched in 1995 and has grown to be the one of the most popular sports sites in North America, with millions of customer visits annually. Wagerline.com was founded in Denver, Colorado and has developed a strong customer and advertiser base over the last ten years. SportsDirect will continue to operate the site as a separate property but will move the management and operation of the site to its Halifax, Canada headquarters.<o></o>
“We have been looking for growth opportunities that complement our existing products and services,” said Paul Lavers, founder and CEO of SportsDirect. “Wagerline.com is a perfect match — consumers love the product and the traffic is excellent. This purchase adds something to our roster of sites that would have been very difficult to build from scratch and instantly gives us the growth we’re looking for.” <o></o>
The acquisition of Wagerline.com is part of SportsDirect’s continual growth. In the last two years the company has doubled its workforce to 80 employees and opened offices in Galway, Ireland and Las Vegas, Nevada. <o></o>
<o></o>
About SportsDirect Inc:
SportsDirect is the world’s leading online media organization for sports statistics, odds and news from a gaming perspective. SportsDirect and its subsidiaries operate properties such as Covers.com, Wagerline.com and Coversexperts.com and were founded in 1995. In addition to publishing, SportsDirect provides content to companies in the online and wireless industries such as USAToday and MSNBC. For more information please visit: http://www.sportsdirectinc.com.<o></o>
<o></o>
Media Contact For SportsDirect Inc:<o></o>
Rob Begg<o></o>
VP of Marketing<o></o>
902 452 4144 or 902 835 3320 extension 228<o></o>
rbegg@sportsdirectinc.com<o></o>
Press Release<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com
fficeffice" /><o></o>SportsDirect Inc, publishers of Covers.com, announce acquisition of Wagerline.com
Addition of Wagerline.com to SportsDirect family of sites creates the largest sports gaming publisher in North America.<o></o>
></o><o></o>
></o>Halifax, Canada – January 5, 2004 <o
></o>SportsDirect Inc, publishers of Covers.com, today announced the acquisition of Wagerline.com, the leading sports contest and office pools site online. SportsDirect will acquire all of the intellectual property, customers and traffic from Wagerline.com in a $1.2-million deal. With this acquisition, SportsDirect will become the largest publisher of sports gaming information properties in North America. <o
></o>Wagerline.com was launched in 1995 and has grown to be the one of the most popular sports sites in North America, with millions of customer visits annually. Wagerline.com was founded in Denver, Colorado and has developed a strong customer and advertiser base over the last ten years. SportsDirect will continue to operate the site as a separate property but will move the management and operation of the site to its Halifax, Canada headquarters.<o
></o>“We have been looking for growth opportunities that complement our existing products and services,” said Paul Lavers, founder and CEO of SportsDirect. “Wagerline.com is a perfect match — consumers love the product and the traffic is excellent. This purchase adds something to our roster of sites that would have been very difficult to build from scratch and instantly gives us the growth we’re looking for.” <o
></o>The acquisition of Wagerline.com is part of SportsDirect’s continual growth. In the last two years the company has doubled its workforce to 80 employees and opened offices in Galway, Ireland and Las Vegas, Nevada. <o
></o><o
></o>About SportsDirect Inc:
SportsDirect is the world’s leading online media organization for sports statistics, odds and news from a gaming perspective. SportsDirect and its subsidiaries operate properties such as Covers.com, Wagerline.com and Coversexperts.com and were founded in 1995. In addition to publishing, SportsDirect provides content to companies in the online and wireless industries such as USAToday and MSNBC. For more information please visit: http://www.sportsdirectinc.com.<o
></o><o
></o>Media Contact For SportsDirect Inc:<o
></o>Rob Begg<o
></o>VP of Marketing<o
></o>902 452 4144 or 902 835 3320 extension 228<o
></o>rbegg@sportsdirectinc.com<o
></o>
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