[2] Worldwide Entertainment & Sports Announces Obed Sullivan's Heavyweight Championship Bout Against WBO Heavyweight Champion Vitali Klitschko On December 11th.WEST ORANGE, NJ--(BW SportsWire)--November 15, 1999-- Worldwide Entertainment & Sports Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :WWES WWES World Wide Essence Society ), announced today that heavyweight boxer Obed Sullivan Obed Benjamin Sullivan, born January 17, 1968 in Gulfport, MS, was a heavyweight boxer. Nicknamed "The Fighting Marine," Sullivan was at times a highly-ranked heavyweight who fought many signifant fighters of his era. from Gulfport, Mississippi Gulfport is the second largest city in Mississippi after the state capital Jackson. It is the larger (population wise) of two principal cities of the Gulfport-Biloxi, Mississippi Metropolitan Statistical Area, which is included in the Gulfport-Biloxi-Pascagoula, Mississippi (33-5-1, 24 KOs) has signed a contract to fight for the World Boxing Organization The World Boxing Organization (WBO) is a sanctioning organization currently recognizing professional boxing world champions. Its offices are located in San Juan, Puerto Rico. Championship (WBO WBO World Boxing Organization WBO Western Buddhist Order WBO Wehrbeschwerdeordnung WBO World Bamboo Organization (formerly International Bamboo Association) WBO Won by One (Malibu, California; a cappella group) ) against the current WBO Heavyweight Champion Vitali Klitschko Dr. Vitali Vladimirovich Klitschko (Ukrainian: Віталій Володимирович Кличко, of Kiev, Ukraine (26-0, 26 KOs) on December 11, 1999 in Hamburg Hamburg, city, Germany Hamburg (häm`b  rkh), officially Freie und Hansestadt Hamburg (Free and Hanseatic City of Hamburg), city (1994 pop. , Germany. Obed Sullivan, who is represented by Worldwide Entertainment & Sports Corp., will earn a purse of $100,000 from this bout. Marc Roberts, Chairman and Chief Executive Officer, commented, "Obed is one of Worldwide's top boxing professionals and this fight is a great opportunity for him. Obed has earned his shot to box for the WBO Heavyweight Championship and I expect him to use this opportunity to demonstrate his considerable talent and win the WBO title." About Worldwide Entertainment & Sports, Inc. Worldwide Entertainment & Sports provides management, marketing and commercial endorsement agency services to various sports entities. Its clients include professional athletes in boxing, football and motorsports. Worldwide Entertainment & Sports is on the World Wide Web at www.wwentertainment.com. About Sportcut.com Worldwide Entertainment & Sports recently announced the formation of an Internet subsidiary, Sportcut.com, Inc. Sportcut.com (www.sportcut.com ) is a unique sports website that "flanks" the current market leaders through a combination of content and e-commerce. Sportcut.com cultivates the growing trend of athlete as celebrity and captures the excitement and fan interest related to the thrilling world of sports. Sportcut.com provides users with access to the activities and lifestyle of professional athletes and sports agents A "sports agent" is a person who procures and negotiates employment and endorsement deals for an athlete. In return, the agent receives a commission that is usually between four and ten percent of the contract, although this figure varies. . The site provides users with an "insider's" perspective, while focusing on the business, entertainment, and lifestyle experience of sports, all the while offering users multiple opportunities for interaction and participation. By utilizing the content and expertise of a variety of sports figures, professional leagues, and other sports entities, sportcut.com occupies a differentiated, unparalleled space in the market. Sportcut.com creates a total sports experience by delivering the site on the users' terms. The fan has access to the news and online games they crave while being part of a sporting community offering unparalleled sports experiences, merchandise and unique memorabilia. Sportcut.com will launch in the Fall of 1999 and continue to evolve with new offers through the year 2000. Sportcut.com combines five major areas of interactivity that include original content, interactive games, a robust fan community, an online store and auction. Content and commerce are bridged through an exciting e-currency whereby users earn through participation. This release contains forward looking statements which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Words such as "will" or "should" and similar expressions reflecting something other than historical fact are intended to identify such statements. These forward looking statements involve a number of risks and uncertainties, including, but not limited to: the success and achievement of the athletes managed by the Company; demand for their services; the ability of the company to attract additional clients; the effect of the Company's accounting policies; and other risk factors detailed in the Company's filings with the Securities and Exchange Commission. |
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