Current Los Angeles Laker's Radio Announcer Mychal Thompson Comes on Board of Sports Wheels, Inc.Business Editors VANCOUVER, Wash.--(BUSINESS WIRE)--July 16, 2003 Sports Wheels, Inc. (Pink Sheets:SSWH), is extremely pleased to announce that former NBA NBA abbr. 1. National Basketball Association 2. National Boxing Association NBA (US) n abbr (= National Basketball Association) → Basketball-Dachverband (= great and first overall pick in the 1978 draft Mr. Mychal Thompson Mychal George Thompson (born January 30, 1955 in Nassau, Bahamas) is a former National Basketball Association player who was the #1 pick in the 1978 NBA Draft. Today, Thompson is a notable sports radio personality, who serves as the radio analyst for the Los Angeles Lakers, in has been added to the advisory committee. Mr. Thompson will bring extensive credibility and high-level contacts to the company as SSWH is attempting to establish a significant foothold within the athletic community. Mr. Thompson's addition should greatly increase the chances of this occurring. Paul Stringer, president of SSWH states, "This is a huge addition to the company. To have someone of Mr. Thompson's stature join our emerging company shows the potential this market and our product have. He will add tremendous credibility to SSWH." SSWH has signed a licensing agreement regarding a patented technology that bonds and fuses glass to metal. SSWH intends to use this technology to obtain licensing rights from universities, 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. teams and other corporations to market logos, colors or insignias on professionally designed wheel covers and wheels. SSWH is also exploring additional applications for this patented technology. SSWH is currently working towards achieving a full listing on the Over-The-Counter market over-the-counter market Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. . SSWH's goal is to become the world's leading developer of designer wheel covers and wheels and is currently building a team to reach this goal. Mr. Thompson will work with Mr. William J. Baron, the Vice President of Engineering and Design. Mr. Baron has extensive contacts and background within the design and entertainment industry. Mr. Baron oversaw in a hands on manner the design and development of new products related to character licenses and represented such companies as Ted Turner's Captain Planet, Nintendo, Nintendo's Super Mario Movie, Cabbage Patch Kids Cabbage Patch Kids are a brand of doll created by Xavier Roberts in 1978. The original dolls were all cloth and were available at local craft shows, and later at Babyland General Hospital in Cleveland, Georgia. , Inspector Gadget, The Shadow, Super Dave Osborne Super Dave Osborne is a character created and played by comedian Bob Einstein. He is an inept, greedy and self-absorbed stuntman who is frequently injured when his stunts go wrong. and the former World Wrestling Federation. He also invented totally new product concepts and sold them to major companies such as Mattel, Hasbro, Ertl and Tiger Electronics
Paul Stringer, President of the company states, "We are building a solid foundation with high quality people in place to achieve our goals for the company. The process is in motion and we are excited about the future." This press release contains forward-looking statements that involve risks and uncertainties. The statements in this Release are forward-looking statements that are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provision 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. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. You should independently investigate and fully understand all risks before making investment decisions. |
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