FOR IMMEDIATE RELEASE
DECEMBER 23, 2002
CONTACT: info@failuremag.com

MAGAZINE ANNOUNCES THIRD ANNUAL "FAILURE OF THE YEAR" Critically acclaimed Web magazine selects the Augusta National Controversy as "Failure of the Year"

Scarsdale, NY — Failure magazine—www.failuremag.com—the Web publication covering all things failure, today announced its third annual "Failure of the Year" (FOTY) in a bold and eye-opening commentary by editor, Jason Zasky.

"Normally, Failure reserves judgment concerning political and moral issues, but the Augusta National controversy amounts to nothing more than a public shaming," said Zasky.

Failure magazine's annual "Failure of the Year" debuted in December of 2000 with Jack Stesney's feature on the breakdown of the Israeli-Palestinian peace process. In its sophomore year, Failure chose Terrorism as FOTY, illustrating the publication's penchant for 'zigging' while others 'zag.' In its July 2000 launch 'issue' Failure dubbed the Battle of Tours (732 A.D.) as the "Failure of the Millenniums"—the most monumental failure of the past 2000 years.

Adds Zasky, "It's unfortunate that Burk chose to call out Augusta—and now, a number of major corporations—for 'sexual discrimination.' Like any private organization, Augusta should have the right to exercise its freedom of choice."

Here is what the media and critics are saying about Failure: The Boston Globe described Failure as "exquisitely against the grain." "Forget Forbes and Fortune," this is the best (and perhaps only) place on the Net to keep abreast…." AtNewYork.com said, "Smart ands savvy describes the content, filled with lots of historical tidbits that should keep the competitive-minded winners of the world salivating for more."

Covering stories large and small, historical and current, Failure and its nationally recognized writers explore the world of arts & entertainment, business, science & technology, history and sports with a bold perspective that is insightful, informative and entertaining.

Failure Magazine LLC is a privately owned and operated media company featuring Failure magazine™ and FailureWear™, the clothing and merchandise line sold exclusively via failuremag.com.

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