PINEHURST, NC – September 28, 2007 – Golfnet, the  second largest provider of USGA Handicap Index® computation and golf tournament software and Golf Intelligence, the leading provider of Internet-based USGA Handicap Index® computation software and marketing services company  announced today that they have merged  to form 121 Golfnet. Together, the combined company provides software based solutions to eleven golf associations and 3,000 golf courses throughout the United States and Canada.  Golf Intelligence’s National Golf Network will now be extended to a combined 985,000 handicap golfers.

“121Golfnet raises the bar for software designed specifically to manage the game of golf and services for individual golfers.  Our goal is to be a valuable business partner for Golf Associations and their member clubs,” said Steven Schwartz, CEO of Golfnet.  “The merger of these two organizations extends our breadth of industry-leading capabilities by combining top-shelf software and excellent customer service with outstanding marketing and media opportunities. Our Associations will benefit greatly from the strength and sophistication of the new offerings we will provide together.”

Each company brings complementary strengths to the merger including a stable of blue chip Golf Association clients on the east coast, mid-west, and in Canada.   The joint management team brings top talent at each level of the business: operations, IT, sales and marketing combining Golfnet’s 24-year company history with Golf Intelligence’s online expertise and experience.

“The combined company will instantly become a stronger player in the golf association services market,” said Peter Dennis, President of Golf Intelligence.   “We will provide significant product and service differentiators that golf associations will readily discern.” Prior to his appointment at Golf Intelligence, Dennis spent nearly seven years in various positions at the USGA and GHIN including serving as Assistant Director of Course and Handicap Services.
 
The new company will be headquartered in Pinehurst, NC while maintaining offices in Minneapolis, MN and Milwaukee, WI.  Steven Schwartz has been named CEO of the new organization while Peter Dennis takes on the role of President and COO.  The management of both companies will otherwise remain the same.

About Golfnet
Golfnet, a wholly owned subsidiary of 121Sportsnet, has delivered software designed to manage the game of golf including USGA Handicap Index® computation and tournament management software for the past 24 years.  Golfnet’s customer base is comprised of eight golf associations and 1,650 golf clubs in 30 states.  Golfnet is headquartered in Pinehurst, North Carolina. www.golfnet.com

About GOLF Intelligence
GOLF Intelligence, Inc. is a technology and marketing-based company that was founded in 2000 to leverage emerging software and hardware technologies to develop a proprietary system that connects golfers with golf courses, clubs, golf associations, PGA professionals, manufacturers, media interests, and other key stakeholders with a full range of integrated communications, marketing, and commerce services. Golf Intelligence has offices in Minnesota and Wisconsin. www.golfintelligence.com