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Press Release

Contact: Doug Harker
Phone: (713) 705-7617
Email: dharker@touchstonegolfservices.com

FOR IMMEDIATE RELEASE

April 15, 2007


TOUCHSTONE GOLF ASSUMES MANAGEMENT OF FALCONHEAD

AUSTIN, TX, APRIL 15, 2007: Touchstone Golf announced today that it has been engaged to manage Falconhead Golf Club, an 18-hole high-end daily fee golf club in the Lakeway area of Austin. The Falconhead facility is the only PGA TOUR Signature SeriesTM golf course designed by the PGA TOUR's design team responsible for the TPC network.

'Falconhead is a very attractive golf course property with the unique benefit of being very close to major commercial and residential development activities near the intersection of FM 620 and Highway 71,' notes Steve Harker, CEO of Touchstone Golf. 'The PGA TOUR design of the golf course creates a great playing experience and additional improvements to the amenities at the property are under consideration.'

Falconhead boasts exceptional practice facilities and an outdoor pavilion to accommodate tournaments and events. Touchstone intends to focus its efforts on improving the overall customer experience at Falconhead while maintaining optimal playing surfaces. The golf course is well positioned for growth and benefits from its PGA TOUR affiliation for marketing and customer development.


Touchstone Golf, LLC provides comprehensive management and targeted consulting resources for the golf course industry. The Company was formed in early 2005 and currently provides full services management for three facilities, Avery Ranch Golf Club (Austin, Texas), Painted Dunes Desert Golf Course (El Paso, Texas) and Lake Shastina Resort and Golf Club (Weed, California). The company's consulting and advisory services have been used by a wide range of companies including the PGA TOUR/Tournament Player's Course network and Bank of America. Touchstone operates regional management offices in the Northern California and South Texas areas.


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