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José Luis Clerc as Play-By-Play Analyst for ESPN, 2009 US Open

Source: DPEC Partners
08.31.2009

New York, NY - August 31, 2009: ESPN International has announced that it will offer 140 live hours of the 2009 US Open in Latin America and Sub-Saharan Africa, as well as well as in Brazil for the first time, in high definition on ESPN HD.  Coverage to Spanish-speaking countries in Latin America will be anchored from New York in part by José Luis Clerc; Algodon Wine Estates' Ambassador & Director of the Clerc Tennis Academy.  Clerc will also handle play-by-play on ESPN Deportes, the Spanish-language U.S. network, through September 10 with fellow former tennis player Nicolas Pereira and reporters Eduardo Varela and Sophie Cortina.  ESPN Deportes will focus on Latino stars and top-ranked players.  There will also be extensive reporting from Wimbledon ESPN Deportes' SportsCenter

ESPN has televised tennis since its first week on the air nearly 30 years ago, but this year it will do what no U.S. network has ever done - complete the Grand Slam by televising the US Open for the first time.  In the first year of a six-year agreement with the USTA, tennis fans will enjoy 100 hours in high definition on ESPN2, US Open update shows each weekday on ESPNEWS, nearly 400 hours on ESPN360.com's multi-court offering and coverage across ESPN's platforms in the U.S. and around the world.

Important Notes:

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. This press release may contain certain statements of a forward-looking nature relating to future events or future business performance. Any such statements that refer to Algodon Wines & Luxury Development Group (Algodon Partners) and its respective subsidiaries ("the Company") estimated or anticipated future results or other non-historical facts are forward-looking and reflect the Company's current perspective of existing trends and information. These statements involve risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. The forward-looking statements speak only as of the date set forth above. The Company undertakes no obligation to update publicly any forward-looking statement, whether because of new information, future events or otherwise.

Media/Analyst Contact:
Algodon Group
Eric Stear
212.739.7669
Rstear@algodongroup.com

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