Las Vegas, Nevada – April 18, 2007 – CEO America, Inc. (OTC: CEOA.PK), exclusive US licensee of CREDITZ® Digital Currency, today announced the signing of a licensing and marketing agreement with MyGolfBuddy.com, a unique social networking community for the amateur golf enthusiast. The agreement is designed to increase revenues for MyGolfBuddy.com while it provides a unique promotional currency for its members. MyGolfBuddy.com will be paying its members for golfing activities, merchandise spending and other marketing behavior, such as viewing rich-media advertising or referring members.
The agreement will enable MyGolfBuddy.com to use CREDITZ Digital Currency as promotional currency for members in conjunction with MyGolfBuddy.com innovative marketing programs. MyGolfBuddy.com will also represent CREDITZ to its sponsorship clients, to facilitate co-op advertising programs.
"CREDITZ has a unique system that combines a cost effective, micro-payment transaction engine, loyalty and marketing capabilities that can demonstrate MyGolfBuddy.com as an innovator in the golf community," said Paul Robinson, CEO of MyGolfBuddy.com. "We are excited about the potential impact CREDITZ will bring to our service and we believe that our members will quickly realize the value of the CREDITZ system. Teaming with the CREDITZ system should help us deliver added value to our community experience."
"MyGolfBuddy.com has introduced an exciting new way to build a community among golfing enthusiasts across North America," said Lawrence Bracco, Chief Marketing Officer of CEOA. "Web communities are seeking new ways to monetize their content and enhance intimacy with their membership. CREDITZ will be used to cross-market content, drive merchandising and promote events. We are thrilled to be working with such an innovative company as MyGolfBuddy.com.
MyGolfBuddy.com is designed to make it extremely easy for golfers of all skill levels find available golf partners and golfing opportunities. In addition, members can post stories and photos to its free, personalized user pages as a way to help facilitate the community experience. Other features of the mygolfbuddy.com experience are:
• Each golfer is given a free account.
• Each golfer is paid CREDITZ® Digital Currency for simply becoming a member as well as referring other golfers.
• Personal profiles with customizable background skins.
• The ability for geographic partner searches within different mile radius, both male and female.
• Each member can join the USGA Type 3 Handicap club or the long drive club.
• Message boards for conversation postings as well as tournament opportunities.
• Player reviews of Golf Courses they belong to or have played.
• Photo and video postings.
• Discount tee times and merchandise offers.
• Local participating merchants that offer incentives to active handicap club members.
• Monthly tournaments and social networking events.
MyGolfBuddy.com is the brainchild of avid amateur golfer and software developer, Paul Robinson, who dreamed of making it easier for others to share their passion for golf along with the ability to find suitable golfing partners at a variety of local courses. Along with partner Tony Solano, Robinson is planning on developing MyGolfBuddy.com as a premier community for the golf enthusiast. With more than 25 million active amateur golfers in North America, golfing consistently ranks as one of the top 10 participatory sports in North America, according to the National Sporting Goods Association.
About CEO America, Inc.
CEO America Inc. (OTC: CEOA.PK) has the exclusive U.S. license of the CREDITZ® Digital Currency CEO America Inc. (Pink Sheets: CEOA) has the exclusive U.S. license of the CREDITZ® Digital Currency System. Using IBM`s latest database and infrastructure technology, CREDITZ is a unique global payment, marketing and loyalty system that is universal, replaces cash, and provides spendable CREDITZ Digital Currency to consumers. CREDITZ are paid to customers for behavior, and merchants can earn incremental revenue from that behavior. CREDITZ is the first payment system to integrate 21st century technology for micro-payments, loyalty, marketing and business intelligence into a single operating platform, making it the transaction and marketing engine for the digital economy.
For more information, go to www.creditz.com.
MyGolfBuddy.com is a unique community and resource for the amateur golfer. The web-based service matches golfers looking to play different courses, with different players while helping them improve their game. This approach has led to rapid expansion, widespread popularity, and regular usage by members. Mygolfbuddy.com is one of the fastest growing member driven websites of its kind in the second generation web 2.0 universe. The site was built by amateur golfers specifically to cater to the needs of today’s secondary market. Since its launch in February 2005, the mygolfbuddy.com membership has steadily risen to approximately 8,000 golfers in 4 different U.S. markets, as well as national and internationally, proving the success of its unique approach to each individual. To learn more, please visit www.mygolfbuddy.com or contact Tony Solano at firstname.lastname@example.org.
Forward-looking statement disclaimer. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, particularly statements words such as "anticipates," "estimates," "expects," "projects," "intends," "plans," "believes" and words and terms of similar substance used in connection with any discussion of future operating or financial performance identify forward-looking statements. Our business is subject to numerous risks and uncertainties including our ability to raise sufficient capital to finance our operations. Other factors and risks could adversely affect our business in the future and could also cause actual results to differ materially from those contained in the forward-looking statements.