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New World Championships sponsor announced

The International Federation of PGA Tours and Invensys plc,aglobalelectronics,softwareandsystemscompany,have reached an agreementwherebyInvensysbecomesan"OfficialSponsor" of the World Golf Championships.

"Wearedelightedthat Invensys has joined the family of Official Sponsors of theWorld Golf Championships," said PGA Tour Commissioner Tim Finchem on behalf of the International Federation of PGA Tours."This is a company that has shown astrongcommitment to golf, first as title sponsor of the Invensys Classic at Las Vegas and now in their commitment to the World Golf Championships."

"TheWorldGolfChampionships provides Invensys with a powerful international marketingforum that will greatly enhance our commitment to build a world-class brand,"saidAllen Yurko, Chief Executive Officer of Invensys. "We are excited toexpandourpartnershipwiththegolf world to include the International FederationofPGA Tours and the support of events across the US, Asia, Europe, Japan, Australia and South America."

It was announced in April 2000, that Invensys will sponsor the PGA Tour event in LasVegas,Nev., for the next three years. That event will now be known as the Invensys Classic at Las Vegas, and will offer a purse of $4.25 million in 2000.

TheWorldGolf Championships are sanctioned and organized by the International Federation of PGA Tours, which includes the Asian PGA, European Tour, Japan Golf Tour, PGA Tour, PGA Tour of Australasia and Southern Africa Tour.

ThefirstWorldGolf Championships event of the year, the Andersen Consulting MatchPlayChampionship,washeld in February with Darren Clarke earning the title,defeatingTigerWoods in the championship match.The NEC Invitational willbeplayedAug. 21-27 at Firestone Country Club in Akron, Ohio, USA.The AmericanExpress Championship will again be held at Valderrama, Spain, the week ofNov.7-12,withthe EMC World Cup to follow a month later at Buenos Aires Golf Club in Buenos Aires, Argentina.

In addition to Umbrella Sponsors, Andersen Consulting, NEC, American Express and EMC,Invensys joins Anheuser-Busch, Buick, Bridgestone/Firestone, Volvo, Kohler and Nike as a World Golf Championships Official Sponsor.


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