USL-1 North Carolina FC

Carolina RailHawks Announce New Investor

Published on October 9, 2008 under USL First Division (USL-1)
North Carolina FC News Release


Cary, NC (Thursday, October 9, 2008) - Triangle Professional Sports LLC, the parent company of the Carolina RailHawks professional soccer team announced today the addition of Lulu.com and former Red Hat Inc. CEO Bob Young to its ownership group.

"I am thrilled to be a part of this team," said Bob Young. "Both the Triangle area of North Carolina and the sport of soccer are growing rapidly, the combination of those two trends makes the future of the RailHawks very exciting."

Mr. Young is the founder and CEO of Lulu.com, a self-publishing web-based company headquartered in Morrisville, NC. Prior to founding Lulu.com, Young co-founded Red Hat, Inc. in 1993, where he served on the board of directors with Selby Wellman who, with son Brian, holds the majority stake in Triangle Professional Sports and the RailHawks.

This is not the first foray into professional sports for Bob Young; in 2003 he acquired the Canadian Football League's Hamilton Tiger-Cats and currently serves as the League's vice-chairman.

"We are thrilled to have Bob Young as one of our partners," said RailHawks owner Brian Wellman. "With him, Lulu.com will become one of our strategic partners as it pertains to all of our multimedia marketing."

Lulu.com (www.lulu.com ) is the marketplace for digital content on the Internet, with over 660,000 recently published titles, and more than 5,000 new titles added each week, created by people in more than 80 different countries. With 1.8 million registered users, Lulu is changing the world of publishing by enabling authors to publish their work themselves with complete editorial and copyright control and empowers them to sell directly to their customers and the rest of the Lulu.com global marketplace. With free web storefronts, social networking offerings and available global distribution, Lulu creators are fully supported to profit from their work.

The RailHawks continue to be active in this off-season with work in the community by visiting schools and stressing the importance of staying fit and healthy. The RailHawks 2009 season ticket drive is underway and for the occasion the RailHawks are offering an all-inclusive season ticket package that includes all pre-season, exhibition, regular season, US Open Cup and playoff matches for one low price. For more information call the LGFCU Box Office at 919-859-KICK (5425) or visit www.carolinarailhawks.com

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