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Consorteum Holdings, Inc. Commercially Launches My Golf Rewards
My Golf Rewards launches a new Loyalty and Rewards Program for the North American Golf Industry
NEVADA, July 21, 2009 Consorteum Holdings Inc. (OTCBB: CSRH) announced today that “My Golf Rewards Canada Inc.”, a majority owned subsidiary of Consorteum Holdings, Inc., will immediately launch its Loyalty and Rewards program into the North American golf industry.
After extensive testing, development, and planning, My Golf Rewards has started the initial commercial deployment of its loyalty and rewards program into the golf industry across Ontario, Canada. The program will be further expanded throughout the United States and the rest of Canada over the coming year. My Golf Rewards drives its ongoing revenues based on compensation from each participating golf course in the program. Fees are charged on every transaction processed, plus a percentage of the total sale or redemption amount.
Quent Rickerby, President & COO of Consorteum Holdings Inc., said, “The My Golf Rewards program is the culmination of several years of planning and development with our joint venture partner and technology provider to create a truly unique and beneficial solution to the golfing industry.”
The My Golf Rewards program is designed to help golf courses recognize increased revenue potential, while establishing direct long-term relationships with its members. My Golf Rewards cardholders will receive ongoing rewards and savings based on loyalty to any participating golf course. According to industry stats, there are over 26.0 Million golf players in the United States and 5.95 Million golfers in Canada.
Bill Mathews, President of My Golf Rewards said, “The program will eliminate the traditional discounting practices within the golf industry and provide a solution that rewards the members to increase spending within the golf course.”
About Consorteum Holdings Inc. (CSRH.OB)
Consorteum Holdings Inc.’s business strategy is to build on extensive expertise within the Payments and Transaction Industry in North America, Europe and Internationally. By identifying new technologies and trends in the changing global marketplace, Consorteum Holdings Inc. aims to increase revenues in existing markets, enter new markets, and deliver unique products and services more effectively and efficiently. Consorteum Holdings Inc. has built its reputation with one goal, “For our customers to look at us as partners, not just a technology provider.”
For more information on Consorteum Holdings Inc., please visit:
www.CSRH.QualityStocks.net
About My Golf Rewards
My Golf Rewards Canada Inc. is a joint venture company between Consorteum Holdings Inc. and Innovative Loyalty Solutions (ILS). The My Golf Rewards program is a state of the art Loyalty system designed specifically for the Golf Industry. The program is designed to stimulate frequency of play and incremental spending within the golf course. Using advanced software capabilities, our card-based program tracks the golfers’ playing and spending habits throughout the golf course when the member presents their membership card. This valuable information is then leveraged by the golf course to offer further value and incentives to the members to drive incremental spend. The focus of the program is public and semi-private golf facilities whose participation in the My Golf Rewards program will drive new revenues to the golf industry within North America.
For further information on My Golf Rewards, please visit: www.mygolfrewards.ca
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Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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