LONDON, June 20 Vega-Poker-Tour
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.
SOURCE Vega Promotional Systems, Inc.
