World Golf Systems Plc

Chipping into golf venture
Financial Times; Sep 6, 2000

World Golf Systems, which plans to open in November a fully computerised driving range in Watford, has raised Pounds 3m in a second-round private placing, writes Robert Garton. WGS technology incorporates microchips embedded in golf balls which relay information back to monitors, to show players how well they have hit the ball in relation to the target. The TopGolf Game Centre will introduce new games of skill for customers. Steve Jolliffe, managing director, who founded WGS in 1998 with his twin brother David, said yesterday: "It will do for the golf driving range what tenpin bowling did for the game of skittles." Other co-founders are Geoff Emmerson, an accountant, and James Tuckey, former chief executive of MEPC. WGS has been financed by the founders and private placings and was represented by Nellen & Co.

Copyright: The Financial Times Limited

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