THE MOBILE, Ala. - Oct. 11, 2004 - The Mitchell Company has reached a title sponsorship agreement with Raycom Sports, owner and operator of the Mobile LPGA Tour event, securing the event's future in the city of Mobile.

The multi-year agreement renames the event The Mitchell Company Tournament of Champions. The Mitchell Company is one of the largest and most diverse real estate companies in the Southeast and is recognized as one of the top 100 homebuilders in the United States.

The Mitchell Company Tournament of Champions is an $800,000, limited-field event featuring players who have won an LPGA tournament in 2001-04, as well as active LPGA Tour and World Golf Hall of Fame members. The event will take place from November 11 to 14 at the Robert Trent Jones Golf Trail's Magnolia Grove Golf Club on the Crossings course.