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Cedric Kushner Promotions Inc. Announces Formation of Ckrush Sports, Inc.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Cedric Kushner Kush·ner   , Tony Born 1956.

American playwright who was awarded a Pulitzer Prize for Millennium Approaches (1992), the first part of his trilogy Angels in America: A Gay Fantasia on National Themes.
 Promotions, Inc. ("CKP CKP Checkpoint
CKP Crankshaft Position
CKP Chandraseniya Kayastha Prabhu (caste of Maharastra, India)
CKP Chris Key Players (band)
CKP Concept Knowledge Processing
" or the "Company") (PK: CKPI - news), today announced the formation of a new wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Ckrush Sports, Inc.

Ckrush Sports, Inc. is the third division formed under the Ckrush banner. Earlier this year the company formed Ckrush Entertainment, Inc. and Ckrush Direct. Ckrush Sports, Inc. will focus on professional sports The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, specifically professional boxing Noun 1. professional boxing - boxing for money
sport - the occupation of athletes who compete for pay

boxing, pugilism, fisticuffs - fighting with the fists
 and potentially other professional sports.

"The formation of Ckrush Sports, Inc. marks another milestone in the development of the Ckrush brand" commented Jim DiLorenzo executive of CKP "We look forward to Ckrush Sports spearheading the growth of our company's sports businesses."

About Cedric Kushner Promotions, Inc.

CKP promotes world class professional boxers boxers Boxer shorts Reproductive medicine A type of undergarment that leaves the “guys” swinging in the breeze; according to popular culture, sperm quality and successful insemination ↑ dramatically with prolonged use thereof. Cf Briefs. . In addition to its promotional activities, CKP produces and syndicates boxing programming for distribution worldwide. A steady program supplier to the world's leading television networks, the company promotes events televised worldwide.

About Ckrush Entertainment, Inc.

Ckrush Entertainment, Inc. was formed in 2004 by Cedric Kushner Promotions, Inc. with a focus on filmed and television entertainment. Ckrush is currently developing a number of projects in the film and television category. Ckrush is a wholly owned subsidiary of Cedric Kushner Promotions, Inc. (PK: CKPI).

Forward Looking Statements

This release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 within the meaning of Section 27A of the Securities Exchange Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," plan," "anticipate," "believe," "estimate," "predict," "potential," or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Actual events or results may differ materially from those forward-looking statements as a result of various important factors, including those described in the Company's most recent filings with the SEC. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. The business and operations of the Company are subject to substantial risks which increase the uncertainty inherent in forward-looking statements. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 2, 2005
Words:400
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