The bonds are scheduled to sell on Nov.

The National Collegiate Athletic Assn. Other notable championships
include women's basketball and men's baseball.

Each side defends a goal, located at the bottom of one end of the playing area, into which the opposing team seeks to flick the puck.

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, organizers of the Pre-Season
National Invitational Tournament and a post season National Invitational
Tournament. "We
are proud to partner with the NCAA to offer NCAA basketball fans the
opportunity to enjoy the championship games with an unforgettable experience. XLie , Extra Large Interactive Experience kiosk that's informative
and fun to use

TROY, Mich.

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About Standard + Poor's
Standard + Poor's is the world's foremost provider of independent credit
ratings, indices, risk evaluation, investment research , data and valuations.
The NCAA Division I Men's Basketball Championship, the second-most-watched
sporting event in the United States behind the Super Bowl, is one of the most
sought-after event tickets in the sporting industry. The NCAA will continue to offer special hospitality
access to its Corporate Champions and Partners as part of the exclusive NCAA
marketing program. "The Tournament Club has been designed to offer a new ticket
package for fans that captures the spirit and prestige of college sports' most
respected competition.ncaasports. Each year, more than 49,000 student-athletes compete in NCAA
Championships in Division I, II and III sports.

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BOSTON, Standard + Poor's Ratings Services' has
assigned its 'AA' long-term rating to Indiana Development Financing
Authority's $32.
The rating also reflects phenomenal growth in television rights revenues,
with a long -term contract guaranteeing growing levels of annual revenues
through 2013; good liquidity levels , with unrestricted resources equaled to
$184 million, or 41% of operating expenses and 541% of pro forma debt as of
fiscal 2004; strong management team and recent implementation of a new
comprehensive strategic plan that was approved in 2004; a high level of
budgetary flexibility in the event of a sharp drop in revenue; and a low debt
burden at 0. Hosted at the Indiana Convention Center
adjacent to the RCA Dome, the Tournament Club program is designed to provide
organizations with the opportunity to obtain comprehensive packages which
include hospitality, tickets and hotel accommodations, thereby eliminating
reliance on third-party ticket brokers.com/hospitality. More than 60 million employees and consumers have used
McGill created programs.

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6% of operating expenses. This program marks the
first time in the event's history the NCAA will offer The Tournament Club, a
unique and convenient hospitality venue adjacent to the RCA Dome.
The NCAA should be commended for providing additional services to its patrons
to advance NCAA programs. This product
allows event organizers to deliver real time news and information to PGA Tour
fans and provides our sponsors with a unique platform to present their
messages," said Greg Sullivan, Vice President of Client Solutions for McGill. Started in 1987, McGill now has offices in Troy,
Mich., Canada.

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With approximately 6,700 employees located in 21 countries and markets,
Standard + Poor's is an essential part of the world's financial infrastructure
and has played a leading role for more than 140 years in providing investors
with the independent benchmarks they need to feel more confident about their
investment and financial decisions. For more information, visit
http://www. To purchase The Tournament Club ticket and
hospitality packages , call 888.com
(303) 332-3896

Gail Dent, NCAA
gdent@ncaa.
"We are positive golf fans will be impressed by our interactive plasma
experience.

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The stable outlook anticipates that the association will be successful in
maintaining its levels of unrestricted resources and cash and investments
relative to operations. Postissuance debt will
be roughly $37 million. rEvolution 's media selling,
buying and planning division, called the rEvolution Sports Network, provides
custom -designed, on-air strategies for advertisers interested in reaching
national and regional audiences through college football and basketball, World
Cup Soccer, as well as other major sports programming vehicles.

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standardandpoors.

New NCAA(R) Sanctioned Hospitality Available for the 2006 NCAA Men's Final Four(R) Basketball Championship

and Canada to deliver XLie, an innovative network of interactive kiosks
designed specifically for professional golf events.
McGill Digital Solutions' XLie product will use the latest large format
interactive plasma screens to deliver real time news, scoring and video
highlights.

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, founded in 1906, establishes
standards of competitive intercollegiate athletics for colleges and
universities in the U. In doing so, the NCAA and CBS will continue to enhance
unique in-venue access and opportunities for our Corporate Champions and
Partners. Three
long-standing industry experts, who possess more than 50 years of collective
global sports experience and relationships, lead rEvolution's skilled team of
professionals.revolutionworld.ncaa.S., starting with the
Bay Hill Invitational in Orlando, Fla.

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With 1,028 four-year colleges and universities as
active members, the association administers 88 championships in 23 sports.4007.

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, reflecting the association's dominant position in
college sports.

Media Contacts:
Ramonna Tooley, GroundFloor Media
rtooley@groundfloormedia.

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64 million of the
outstanding series 1999 bonds as well as finance a portion (roughly $25
million) of the acquisition of all personal property and intellectual property
rights related to the business of organizing, promoting, administrating , and
directing a preseason collegiate basketball tournament known as the Pre-Season
National Invitational Tournament and a post season collegiate basketball
tournament known as the National Invitational Tournament.
The proceeds will be utilized to enhance the NCAA's 88 national championships
and elevate the NCAA's Corporate Champion/Corporate Partner Program.
The NCAA is proud to have the following elite companies as official
Corporate Champions and Corporate Partners: Cingular, Coca -Cola, Pontiac; and
DiGiorno, Enterprise Rent-a-Car, The Hartford, Lowe's and State Farm.

Players choose when they must breathe and when they must play; since there is no air at the bottom where the game is played, teamwork and timing are critical.

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S+P: NCAA Revenue Bonds Rated 'AA'


Bond proceeds will be used to advance refund $9. The 2005 bonds are
special obligations of the authority , payable solely from lease payments made
to the association.

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The outlook is
stable.


The Tournament Club hospitality packages include limited
tickets to both the national semi-final games on April 1st and the national
championship game on April 3rd, hotel accommodations during the tournament
weekend and admittance to a custom event experience at The Tournament Club. Other
content includes:
* Detailed player profiles and scorecards
* Daily pairings and tee times
* Tournament schedule of events
* Interactive course maps
* Promotional messages from corporate XLie sponsors

"McGill Digital Solutions is excited to introduce XLie.

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In September 2005, the association settled litigation initiated by the
Metropolitan Intercollegiate Basketball Assn. rEvolution's marketing division offers such
services as creative strategy, sponsorship negotiation, branding, event
marketing, promotion, research and hospitality.

2006 PGA Tour Events to Feature McGill Digital Solutions' Plasma Displays With Touch Screen Technology

dunstable flick


An offsetting factor is the concentration of revenues from a single source
of sport (basketball) and a single corporation (CBS). Visit http://www.org for more
details about the Association, its goals and members, and corporate
partnerships that help support programs for student-athletes.org
(317) 917-6119


The high impact screens will feature a wealth of specialized
information to keep fans up to speed on fast paced developments.

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8. The association acquired those rights for roughly $45 million on
a present value basis, including settlement costs and assets purchase. rEvolution Partners With the NCAA to Provide Unique Setting for Limited
Patrons During the 2006 National Championship

CHICAGO, rEvolution, a Chicago-based sports
marketing and media agency, today announced a strategic partnership with the
National Collegiate Athletic Association (NCAA) to offer unique hospitality to
the semi-final and final games of the 2006 NCAA Division I Men's Basketball
Championship in Indianapolis.com
(303) 868-6288

Regan Petersen, GroundFloor Media
rpetersen@groundfloormedia .

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The
organization plans on paying for this acquisition and settlement costs from a
combination of new debt (roughly $25 million); insurance coverage, which
should pay for a $9 million upfront settlement payment; and internal cash.
Unencumbered by a network of holding company interests to consider,
rEvolution, the mid-sized, independently owned agency, joins forces with
clients in creating and implementing business-building ideas., McGill Digital Solutions announced
today that they have partnered with several leading PGA Tour events across the
U.

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"
"The NCAA recognizes that protecting the integrity of and access to one of
its most important assets, the Men's Final Four, is crucial to the growth of
its student-athlete programs," said John Rowady, president of rEvolution . rEvolution is Chicago-
based with a global reputation.

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S. The association acquired from the basketball association a portion
of all personal property and intellectual property rights related to these two
tournaments. This new program also affords the NCAA a measure of
greater control over the secondary market for these tickets in a way that
returns benefits to our programs rather than to those who have no connection
to the NCAA's mission.com."
XLie will be deployed at tournaments across the U.

Players advance the puck, pass the puck, and curl with the puck using a stick (or 'bat '), usually held with a protective glove.

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315 million series 2005 revenue bonds, issued for National
Collegiate Athletic Assn. The
men's basketball championship is the best-known association event and
generates the bulk of the association's revenues. The
Tournament Club will allow selected groups the opportunity to experience the
NCAA Men's Final Four at a level similar to sanctioned PGA and Super Bowl
hospitality programs. and Windsor, Ont.

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com.
The Tournament Club offers four separate packages at varying levels
including the President's Club, Executive Club, Ambassador Level and the Final
Four Experience . More information about rEvolution and the experiences created
and executed is available at http: //www.
McGill Digital Solutions is an award winning company that designs,
executes and supports marketing, training and performance support applications
in a variety of media.

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The
payment schedule is expected to be over 20 years, with the association having
an early buyout year in 2010.207.

About NCAA
The NCAA is a membership-led nonprofit association of colleges and
universities committed to supporting academic and athletic opportunities for
more than 360,000 student-athletes at more than 1,000 member colleges and
universities.

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"We also expect that the television contract will
generate the levels of revenues that are expected through fiscal 2013 and that
operating results will remain balanced," said Standard + Poor's credit analyst
Marc Savaria. "As the association begins to increase its quasi-endowment fund
toward a goal of $500 million in the next several years while maintaining its
strong operating performance and low level of debt, there could be positive
implications for the long-term rating," he added. The association's obligation to make these lease payments
is a full and unlimited obligation of the organization.
"We are committed as an organization to enrich NCAA basketball through the
fan experience," said Greg Shaheen, vice president of Division I men's
basketball and championship strategies, National Collegiate Athletic
Association."
To learn more about this unique new program, visit
http://www.

About rEvolution
A full-service sports marketing and media agency, rEvolution utilizes the
platform of major sporting events, leagues, teams and athletes to promote its
clients' consumer and business-to-business brands .S.

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