Milwaukee-Waukesha, WI (1888PressRelease)
November 24, 2009 - PHOENIX, AZ – Highland Business Services, Inc. (Highland) (OTC.BB:HGLB) is pleased to announce that it has entered into a non-binding agreement to acquire 100% interest in the Milwaukee Iron Arena Football Team, (Milwaukee Iron), a Wisconsin Corporation. The acquisition by Highland Business Services continues the strategic initiative to focus on improving shareholder value. After the merger, Highland intends to continue doing business as the Milwaukee Iron.
About Milwaukee Iron, LLC:
The Milwaukee Iron are a professional Arena Football team that plays their home games at the Bradley Center, the premier sports and entertainment venue in downtown Milwaukee, Wisconsin. The Iron are members of the Arena Football One league and compete on the field against legendary Arena Football teams such as the Arizona Rattlers, Iowa Barnstormers and Orlando Predators. After the merger the new company will continue to be lead by Andrew Vallozzi III, President/CEO, and Jason Clark, Vice President /General Manager. The head coach of the Milwaukee Iron is Bob Landsee, a former University of Wisconsin All-American offensive lineman and draft choice of the NFL’s Philadelphia Eagles.
About Arena Football One, LLC:
Arena Football One is led by Commissioner Jerry Kurz and is the only professional league in the world that plays Arena Football. Arena Football One features the sports most talented players and boasts teams from coast to coast in major U.S. markets such as Chicago, Dallas, Orlando, Phoenix and Salt Lake City. Arena Football One’s business model is based on using the best methods that have worked in the sport over the past 22 years with a focus of building franchise values based on operational profitability. Arena Football One is organized as a single entity with players and coaches employed by the league. Arena Football One is in the process of selecting a national television partner to produce games of the week along with other media content.
This News Release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.
Contact: Press /Analyst Contact:
Investor Relations
602.375.0888
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