Exhibit 99.1

PRESS CONTACT:
John F. McCarthy, III
Chairman
(202) 872-7781


FOR IMMEDIATE RELEASE

                       GOLFROUNDS.COM, INC. BOARD RESIGNS,
                               NEW BOARD APPOINTED

GolfRounds.com,  Inc. (OTC-TEEE),  which owns and operates the Internet websites
golfrounds.com  and skiingusa.com,  announced today that,  effective February 3,
2000, Paul O. Koether, John W. Galuchie, Jr. and Thomas K. Van Herwarde resigned
from the board of directors of GolfRounds and Robert H. Donehew,  Larry Grossman
and John F. McCarthy,  III, took office as the new directors of GolfRounds.  Mr.
Van  Herwarde  remains  President of  GolfRounds.  The  resignations  of Messrs.
Koether, Galuchie and Van Herwarde from the board and the appointment of Messrs.
Donehew, Grossman and McCarthy to the board occurred in connection with the sale
by Messrs. Koether,  Galuchie, Van Herwarde and other persons and entities of an
aggregate of 500,000 shares of GolfRounds' common stock owned by them to several
purchasers.  The sale of stock by Messrs.  Koether,  Galuchie,  Van Herwarde and
other persons and entities was consummated on January 21, 2000.

Mr.  Koether  and  certain  entities  he  controls  also gave a designee  of the
purchasers  irrevocable  proxies to vote an additional 449,690 shares that he or
the entities own.

The  statements  in this press  release that relate to future  plans,  events or
performance   are  forward-   looking   statements   that   involve   risks  and
uncertainties,  including  risks  associated  with  uncertainties  pertaining to
customer orders,  demand for products and services and other risks identified in
the Company's SEC filings.  Actual  results,  events and  performance may differ
materially.  Readers  are  cautioned  not  to  place  undue  reliance  on  these
forward-looking   statements,   which   speak  only  as  of  the  date   hereof.
GolfRounds.com,  Inc. undertakes no obligation to release publicly any revisions
to these  forward-looking  statements  that  may be made to  reflect  events  or
circumstances   after  the  date  hereof  or  to  reflect  the   occurrence   of
unanticipated events.