Press Release - January 24th, 1997




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For Immediate Release:
January 24th, 1997

Knight Quality Stations Radio Group Announces V.I. Challenge Sponsorship

St. Thomas, U.S. Virgin Islands - Knight Quality Stations' Vice Chairman, Randolph 'Randy' H. Knight, today announced that the Knight Quality Stations -- owners of WVWI Radio One 1000 AM and WWKS, KISS 101.3 FM - have joined the growing group of Major Local Sponsors to declare their support of the Virgin Islands America's Cup Challenge syndicate.

"The V.I. Challenge needs our help now to seal a contract with a top designer that can make us all a winner in New Zealand," says Knight, who has pledged $100,000 toward the project. "Tomorrow may be too late."

Contacted in Florida, where he's currently participating in Yachting Key West Race Week and promoting the V.I. Challenge to prospective stateside sponsors, syndicate vice-president Peter Holmberg cited Knight and his radio group or stepping forward. "The clock is ticking. If we want to compete at the highest level at the Cup 2000, we've got to have the backing of Virgin Islands Knight Quality Stations business leaders and community-minded individuals like Randy Knight."

Broadcasting throughout the U.S. and British Virgin Islands, Puerto Rico and down-island, WVWI Radio One AM 1000 and WWKS, KISS 101.3 FM are affiliated with Knight's group of eight New England-based stations that include: WTAG-AM/WSRS-FM (Worcester, MA); WGIR-AM/WGIR-FM (Manchester, NH); WTMN-AM/WXHT-FM/WHEB-FM (Portsmouth, NH); and WEZF-FM (Burlington, VT and Montreal).

WVWI Radio One AM 1000 on-air personality, Capt. 'Fatty' Goodlander, has covered the V.I. syndicate's development on the station's Saturday morning 'Marine Report' program since last summer.

WWKS, KISS 101.3 FM -- the only radio station licensed to St. John, and sister stations WVWI Radio One AM 1000 -- will begin broadcasting in early February.

The Virgin Islands America's Cup Foundation is a non profit organization with a 5013C tax deductible status. This endeavor is a large undertaking, but with commitment of people like yourselves, together, we will make this happen. You can be a part of this campaign by sending your donations to The Virgin Islands America's Cup Foundation at 6501 Red Hook Plaza, Suite 201, St. Thomas, VI 00802. We can be contacted at phone (809)774-9090, fax (809)777-5089 or on CompuServe 105401.3030.

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