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Champions Signs Agreement with HouseholdSolutions.


Business Editors

ARLINGTON, Va.--(BUSINESS WIRE)--Nov. 13, 2000

Champions Sports, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CSBR CSBR Center for Sustainable Building Research ), today announced that its subsidiary Champions Tech Ventures, signed an agreement with HouseholdSolutions of Rockville, MD to assist in its business development.

HouseholdSolutions (www.HouseholdSolutions.com) has created a web enabled marketplace for homeowners and home service providers to interact and handle all home projects and services, while offering homeowners a vehicle to locate top qualified professionals.

HouseholdSolutions is redefining the home experience by leveraging the latest technology to open up new and more effective communication channels between homeowners and their service providers, while assisting homeowners in improving and maximizing the functionality of their home and how it runs. This provides an intimate experience and customized solutions for all household needs.

Keith Rosen, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Household Solutions said, "I look forward to having the support of the Champions Team to accelerate the growth and success of Household Solutions. Having their wisdom and experience to tap into will prove to be an added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 to my company and a long term solution for strengthening and maintaining our position as a marketplace leader."

Champions Tech Ventures provides Management Capital to help early-stage technology companies increase the chances of becoming successful businesses by assisting client companies in solidifying so·lid·i·fy  
v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies

v.tr.
1. To make solid, compact, or hard.

2. To make strong or united.

v.intr.
 their business strategy and business plans; by keeping them focused on their implementation; and by holding them accountable for taking actions to fully execute those plans.

The Company assists its clients in their capital formation, marketing and partnership efforts, and in the development of their management team. Management Capital is provided in exchange for cash compensation and equity in client companies.

This press 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 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) that inherently involve risks and uncertainties. All statements other than statements of historical information provided herein may be deemed to be forward-looking statements.

The Company's actual results could differ materially form those anticipated in these forward-looking statements as a result of unforeseen external factors. These factors may include, but are not limited to, changes in general economic conditions, customer acceptance of products or services offered and other general competitive factors.

Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief or exception only as of the date hereof here·of  
adv.
Of this.


hereof
Adverb

Formal or law of or concerning this

Adv. 1. hereof - of or concerning this; "the twigs hereof are physic"
. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 13, 2000
Words:406
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