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Champions Signs Agreement with SeQuentum Corporation.


Business Editors/Hi-Tech Writers

ARLINGTON, Va.--(BUSINESS WIRE)--Nov. 28, 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 SeQuentum Corporation to assist in its business development.

SeQuentum Corporation of Rockville, MD (www.SeQuentum.com) is an early stage eSolutions company that has developed a technology to deploy business portals for small and medium size companies. SeQuentum's portal technology has been designed as the platform for a new generation of business-to-business e-commerce, based on the exchange of ideas, information and services in an eWorkspace environment. Users of the SeQuentum portal technology would facilitate the opening of businesses to a network of customers, partners and employees.

Farid Ghadry Farid Ghadry (born on June 18, 1954) is the leader of a pro-Israeli lobby group called the Reform Party of Syria. His best known article is called Why I Admire Israel. , SeQuentum's founder and 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. , stated "Our Agreement with Champions will accelerate our growth and our ability to network efficiently in this highly competitive environment."

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 business planning, 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.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 28, 2000
Words:363
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