Aegis announces grand opening of Parmasters Golf Training Center in
Noblesville, Indiana

VANCOUVER, Feb. 16 /CNW/ - Aegis Investment Management (Golf) Inc. ("Aegis" or "the Company") (TSV-V:AIM) announced today the opening of its Parmasters Golf Training Center in Noblesville, Indiana. The facility will be open to the public in April with Grand Opening ceremonies to be held May 1st, 2010.

"Spearheaded by our team at corporate headquarters in Vancouver, we have signed a six unit Area Development Agreement for Greater Indianapolis, Indiana," said Tom Matzen, President and CEO of Aegis. "As part of that agreement, our Noblesville facility becomes the first Parmasters Center in the Indianapolis area and our second fully operating Parmasters Center in the U.S."

The Company has appointed Aegis' Director of Business Golf, Allen Bonk, to lead the Noblesville project and to hire the on-site Indiana-based team. Working alongside Allen will be Greg Keller who has been appointed General Manager of the facility and Sam Foley who has been appointed Director of Golf. As a corporately run center, the Noblesville facility will provide Aegis with direct sales revenues, along with valuable opportunity to showcase what makes Parmasters revolutionary in the world of golf training.

"We look forward to the formal opening of the Noblesville Parmasters Center. Our center is unlike any other indoor golf facility in the state of Indiana, highlighted by the 2,500 square foot short game area, along with state of the art corporate meeting rooms with world-class audio and visual technology to ensure any meeting or presentation is a resounding success," said Allen Bonk, Director of Business Golf for Aegis Investment Management. "As part of our marketing efforts prior to the facility's opening, we have signed up 515 promotional short-game memberships in the first month of offering them. That sets a new record for Parmasters. We have had an excellent response from the general public who are interested in becoming members at this beautiful facility, and from local businesses keen to participate in joint community-based marketing initiatives, including our Community Partners Program."

About Aegis Investment Management (Golf), Inc.

Aegis Investment Management (Golf), Inc. is a Vancouver-based company focused on developing and marketing golf-related franchises. Aegis' current brands include; Parmasters Golf Training Centers, the world's first franchised year-round indoor golf training centers; Links Golf Cafes, housed in each full-sized Parmasters Golf Training Center, along with selected stand-alone locations; and Quantum Business Golf Seminars, designed to teach the difference between a business meeting and a business round of golf to effectively leverage golf for business. The Company's main brand, Parmasters Golf Training Centers, has been selected as a Top 50 Franchise in North America by the Franchise Business Review for four years in a row, beginning in 2006. Aegis currently has one golf training center franchise operating in Memphis, Tennessee, one Quantum Business Golf Franchise operating in Vancouver, British Columbia, and eight Regional Franchisors operating in the United States, Canada, the Middle East and China. The Company has a total of 225 franchises awarded across their three franchise brands. For more information, visit www.aegisinvestmentmanagement.com.

Forward Looking Information

Certain information in this press release is forward-looking within the meaning of certain securities laws, and is subject to important risks, uncertainties and assumptions. This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information. The forward-looking information in this press release describes the Company's expectations as of the date of this press release. The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from a conclusion, forecast or projection in such forward-looking information include, among others, risks arising from general economic conditions and adverse industry events.

The Company cautions that the foregoing list of material factors is not exhaustive. When relying on forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF AEGIS AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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For further information: Tom Matzen, President and CEO, Aegis Investment Management (Golf), Inc., Telephone: [phone], Fax: [phone], Email: [email protected], Corporate URL: www.aegisinvestmentmanagement.com, Franchise URL: www.YourGolfFranchise.com