Aegis Investment Management announces application for patent protection for
PlayerNet in Web 2.0 division

VANCOUVER, April 22 /CNW/ - Aegis Investment Management (Golf) Inc. ("Aegis" or "the Company") (TSX-V: AIM), a provider of golf-based franchising opportunities, announced today that the Company has applied for patent protection for PlayerNet, Aegis's network-connected skill improvement, entertainment and monetization system and method. The PlayerNet system and method, consists of a revenue based, comprehensive, interactive golf environment that facilitates improved golf performance while expanding on golf-related social interactions and competition among its users.

"The overall development and filing for patent protection of our PlayerNet system and method is a major advancement in our Web 2.0 division" said Tom Matzen, President and CEO of Aegis. "Among its many applications, PlayerNet will connect golfers around the world through enhanced virtual interactions, integrating both the Parmasters Golf Training Center experience and the Links Golf Café experience with outdoor play and with on-line e-commerce. In commercial terms, PlayerNet represents the important interactive link between our franchising customers and the Web 2.0 functionality, providing an additional revenue stream to our centers, paid lead generation for our franchise division, and the ability to earn revenue from golfers across the globe. Our Web 2.0 division continues to expand and develop with great initiatives like PlayerNet, spearheaded by Aegis' Chief Internet Officer, Marc Hobler. Marc brings a wealth of experience in systems development from his tenure with Intel as senior product manager."

About Aegis Investment Management (Golf), Inc., symbol AIM.V

Aegis is a Vancouver, Canada based franchise company building shareholder value and profits by focusing on helping golfers lower their scores, have more fun, and do more business on and off the golf course.

Their family of golf franchise brands include Parmasters Golf Training Centers, Links Golf Cafes, and Quantum Business Golf Seminars. Each are designed to help Individual Franchise Owners and Area Developers have more life and more profits. The Franchise Division is supported by a Real Estate Division, a Finance Division, and a Web 2.0 Division, all designed to support the growth and expansion of the franchise brands. Led by an experienced franchise development team, Aegis has created the world's first golf franchise company that literally guarantees results.

For corporate info: www.AegisInvestmentManagement.com

For franchise info: www.YourGolfFranchise.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