PSP-NPPL Merger Update

Industry Press Release
November 30th 2011

PSP Corporate Offices
248 East Crogan Street
Lawrenceville, Georgia 30046

Subject: PSP-NPPL Merger Update

Dear Industry Members, Teams, Players and Supporters,

In June of this year, the PSP management and the NPPL management met in Las Vegas for a meeting to construct the framework for a merged or newly combined entity to host one paintball tournament event series for 2012 and beyond. Both the PSP and the NPPL supported by the majority of the industry felt that given the past erosion of our industry and the current economic uncertainty, that one league hosting a series of events would be the best thing for everyone involved. After additional meetings in New Jersey, Orlando and Las Vegas combined with countless phone conferences and email correspondence, we were unable to come to an agreement that satisfied both parties. Given the time that is left in the calendar year and the quickly approaching 2012 tournament season, we have exhausted the time to negotiate further.

The PSP & NPPL staff fully recognizes the benefits of a combined league for 2012 and with the most genuine of intentions, deployed all assets and made every effort to make one league a reality for the paintball community. We believe the PSP & NPPL organizations pursued the negotiations with the same intentions and shared our desire to be successful. The PSP & NPPL both recognize the termination of negotiations as a temporary setback but remain committed and optimistic to merging for one league in the future. We want to thank the staff of both the PSP & NPPL and sincerely appreciate the efforts they made to consummate a combined entity.

Regards,

The PSP & NPPL Management.




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