Sungold Entertainment Corp.: Breeders Cup Chosen For Horsepower Worldpool Introduction.Business & Entertainment Editors CHICAGO--(BUSINESS WIRE)--Oct. 25, 2002 Sungold Entertainment Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SGGNF) (Frankfurt:WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) 608164) announces its subsidiary Horsepower Broadcasting Network (HBN HBN Hexagonal Boron Nitride HBN Health Building Notes HBN Brinell Hardness (metallurgy) HBN Health-Based Numbers HBN HomeBrew Network (gaming) HBN High Bandwidth Networking ) International Ltd. ("HBN") will introduce the Horsepower World Pool pari-mutuel wagering system to racetrack operators and regulators from around the world Saturday, October 26, 2002 on the occasion of the Breeders Cup World Thoroughbred Championship being held at Arlington Park Arlington Park is a horse race track in the Chicago suburb of Arlington Heights, Illinois. Horse racing in the Chicago region has been a popular sport since the early days of the city in the 1830s, and at one time Chicago had more horse racing tracks (six) than any other major in Illinois. HORSEPOWER APPOINTS LARRY SIMPSON AS VICE PRESIDENT OF CORPORATE DEVELOPMENT, SUNGOLD APPOINTS AS DIRECTOR Mr. Simpson has 24 year of sales, marketing, public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most experience in the fields of horseracing, gaming, sports, and leisure. Larry has a unique background in both thoroughbred and standardbred horse ownership and syndication. Mr. Simpson has been a successful publisher, manager and writer for many leading thoroughbred and standardbred Standardbred Breed of light horse developed in the U.S., primarily for harness racing. The foundation sire was an English Thoroughbred imported in 1788; his progeny were bred with other breeds, especially the Morgan, to produce speedy trotters and pacers. publications over the past 15 years. Larry's influence within the racing industry has extended to charity work for equine research, lecturing on handicapping, arranging new owner seminars and freelance writing for racing and gaming publications. Mr. Simpson has been granted 200,000 incentive stock options in Sungold Entertainment Corp. exercisable at $0.15 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. per share for five years. Horsepower is proud to have a popular industry supporter on the frontline introducing the new Horsepower World Pool to the racetracks of the world. HORSEPOWER WORLD POOL RETAINS BOB ZIELKE & ASSOCIATES HBN has retained Zielke & Associates led by Robert Zielke to provide consulting services for the introduction of the Horsepower World Pool racetrack program to racing operators and regulators within North America. Bob Zielke & Associates is a licensed Kentucky real estate company operated since 1977 in Lexington by President Robert Zielke. Bob has been actively involved in major transactions within the racing and breeding industries for 25 years. Mr. Zielke has managed the Lexington Country Club, is a corporate member of the Keeneland Club, Lexington Rotary Club and has served as a staff sergeant in the US Marines. Dubbed by the late Don Sturgill as Kentucky's Ambassador Mr. Zielke will assist the Horsepower World Pool development team and the racing industry at all levels in 2003 to grow attendance and wagering at racetracks everywhere by establishing the worlds first random, real time, Global, pari-muteul pool. HBN is a 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. of Sungold Entertainment Corp. trading as SGGNF (OTCBB). www.horsepower2.com is a real time world jackpot pool based on a completely random, equal chance, virtual horserace Horserace Derby classic annual race at Epsom Downs. [Br. Cult.: Brewer Dictionary, 276] Kentucky Derby classic annual race in Louisville. [Am. Cult. , run online every 90 seconds. The HBN corporate mission is to establish www.horsepower2.com as the leading jackpot pool worldwide. This news release contains forward-looking statements regarding projected revenues. Forward-looking statements address future events and conditions based on the opinions and estimates of management and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking statements. |
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