New CPL, LLC Acquires Cyberathlete Amateur League (CAL)
Friday, 14, November 2008 - Abu Dhabi, United Arab Emirates and Dallas, Texas, USA - The newly formed CPL Holdings Group, LLC announced today that it has acquired the Cyberathlete Amateur League (CAL) in an all cash transaction that divests NewWorld.com, Inc. (former parent of CAL) and its shareholders from any interest in CAL.
The new management of CAL, will seek to increase its worldwide presence, enhance its infrastructure, and create a more interactive and fair environment for online game competitions. Participation in CAL will continue to be free of cost.
Ms. Angela Summers, a spokesperson for the CPL Holdings Group, LLC, said, "We are excited to have completed our first acquisition at the new CPL. We are also evaluating other media and gaming technology properties in Europe and Asia for either acquisition or partnership."
CAL was launched on March 6, 2001, when NewWorld.com, Inc., acquired the Domain of Games online league. Beginning with a single Counter-Strike division and 3,000 members, CAL has since grown to 16 game divisions and 300,000 registered members. Over the last 12 months, CAL has generated 17 million visits and 170 million page impressions.
CAL (www.caleague.com) was the world’s first online league to form periodic structured seasons, complete with pre-season, regular season and playoffs. In addition, CAL was the first online league to introduce integrated team predictions, roster locks, score tickers, draft leagues, and game ID locks.
