LONDON, Dec. 20 /PRNewswire-FirstCall/ -- VEGA PROMOTIONAL SYSTEMS, INC. (Pink Sheets: VGPM.PK) today announced it has selected John Cofhlin to be the Tournament Director for the Company's inaugural Latin American Poker Tour (LAPT) season.
A seasoned veteran of tournament poker, Mr. Cofhlin has 18 years of experience as a casino poker room Manager and Tournament Director. His background spans from World Poker Tour events to the EPT Grand Finale. Having worked all over the world for companies like MGM Mirage, Harrahs, Grand Casino, and Boyd Gaming Corp., Mr. Cofhlin was the Company's first choice to become Tournament Director for the inaugural season of the Latin American Poker Tour.
Vega recently announced plans to launch the LAPT and plans to hold eight tournaments during the inaugural LAPT 2008 season. The televised tournaments will be held in eight Latin American countries, including Puerto Rico, Panama, Colombia, Ecuador, Peru, Venezuela, Dominican Republic, and Costa Rica, with a season ending Tournament of Champions to crown the number one poker player in Latin America. The programming will be produced by Vega and aired throughout Latin America. As Executive Producer for the LAPT, Vega will own 100% of the programming and is currently negotiating for airtime with a major cable provider that would allow the Company to profit from selling its own advertising for the programs.
Cofhlin commented, "We are very excited about bringing a major Poker Tour to a market that has been so supportive and instrumental in the poker boom worldwide. There are many excellent players in the Latin community and unfortunately, most are not financially capable of traveling to the current big money poker events. This will make the industry more accessible and allow a lot of players to pursue their dreams."
Michael Herron, CEO of Vega stated, "We have known John for quite awhile and seen him in operation and we are proud to have him onboard. He brings a lot of international experience to the project and will be a critical part of things from the very start. Our goal is to make the LAPT one of the most popular Poker Tours in the world and John can help us get there."
Additional details about the LAPT will be announced as they become available.
About Vega Promotional Systems, Inc.:
Vega Promotional Systems, Inc. is a marketing company that is seeking complimentary business opportunities that will allow it to implement its Business Plan and increase its shareholder value. The Company's stock trades under the symbol VGPM 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.
Vega Promotional Systems, Inc.
