From: Pieter Stouten EU PNU COM> Date: 24 may 2001 Subject: Mind Sports Organisation reborn! Company Press Release: Tuesday 22 May 2001 Source: ---------------------------------------------------------------------- Life After Death by David Levy As many of you know the Mind Sports Organisation has been through a very difficult time but I am delighted to announce that it has now been resurrected. Following the liquidation of Mind Sports Organisation Worldwide Ltd (MSOW) on May 2nd, all the assets of that business have been purchased by a Swiss company. This purchase includes all the intellectual property rights acquired in 1999 from Mind Sports Olympiad Ltd relating to the organisation of the Olympiads themselves. I have been invited to assist in rebuilding the organisation and to be the Chief Executive Officer. I have accepted this invitation with great pleasure. Fredrik Ramberg has been invited to be the Chairman and he has also accepted. Already funding has been found to enable the organisation of the Mind Sports Olympiad in Prague from July 1st-8th. The new Mind Sports Organisation is well placed to capitalize on its assets - the Mind Sports Olympiad, of which the 5th edition will take place this summer, and a web site which has won many accolades and has been ranked by Infoseek as the best in the world for logic games. Above all, there is a dedicated group of mind sports enthusiasts wanting to help us, people who served MSOW loyally through the most difficult of periods, in some cases making big personal sacrifices to do so. How are we going to turn the Mind Sports Organisation into a great success? Here are just a few of our plans: * The organistion will be treated as two separate divisions - the Mind Sports Olympiad and the Web site. Every Mind Sports Olympiad will be totally self-funding, from sponsorship and entry fees, so there will be no drain imposed by the Olympiads on commercial revenues. * We will massively expand the "Brain Power" section of the Web site under the editorship of Lady Mary Tovey. This will broaden the appeal of the site to everyone who is interested in how to make better use of their brain, attracting many more visitors to the site. * We shall be adding a novel and highly entertaining section to the site, one which can be enjoyed by everyone, not just Mind Sports enthusiasts. This will further broaden the appeal of the site. * We will develop several types of strategic partnership with companies and organisations in different sectors. * We will make commercial use of our assets to attract investment. Today is the first day of the future of the Mind Sports Organisation. We are convinced that the future is very bright. We are not distracted or hampered by the problems of the past. We are committed to making the Mind Sports movement into a major global trend. We hope we will have your support.