HBN REPORT REPORTS RAPID HORSEPOWER2
GROWTH ON FIVE CONTINENTS
Vancouver, BC: April 29, 2002 ~ Sungold Entertainment Corp. (OTCBB: SGGNF,
Frankfurt: WKN 608164) Sungold Entertainment Corp. (SGGNF:BB) announces that
Horsepower Broadcasting Network (HBN) International Ltd. reports rapid
growth in the Horsepower2 game on five Continents with the greatest growth
coming from Asia. New Horsepower2 player registrations from February to
April 2002 compared to registrations from November 2001 to January 2002 were
up 700%! The average number of daily wagers also increased by over 900% in
April 2002 compared to January 2002.
HBN TO ANNOUNCE GLOBAL RACETRACK PROMOTION AT
KENTUCKY DERBY
Horsepower Broadcasting Network (HBN) International Ltd. and Sungold
Entertainment Corporation will be jointly announcing the kickoff of an
international racetrack promotion at the 128th running of The Kentucky Derby
on this upcoming Saturday, May fourth in Louisville, Kentucky. Horsepower
President Kim N. Hart said, “Our technical team have produced a product that
will offer racetracks an opportunity for a big leap forward in growing their
track revenues, increasing purses substantially and attracting a lost
generation of racing fans back to ‘The Sport of Kings’”.
LYCOS ASIA JOINS THE HBN TEAM
HBN is pleased to announce that Lycos Asia has entered into a marketing
agreement to promote the Horsepower2 (HP2) brand and the www.horsepower2.com
<http://www.horsepower2.com> jackpot site. Lycos Asia is a joint venture
between Lycos Inc. and Singapore Telecommunications Limited. Lycos Asia is a
pan-Asian internet portal across Southeast Asia, China, Taiwan, Hong Kong
and India. The Lycos network of sites includes Lycos.com, Tripod and
Mailcity. HP2 is a proprietary, completely random, equal chance, virtual
horse racing game that is played in real time globally every 90 seconds. HP2
includes a guaranteed million$ jackpot for betting $2 on the exact finish of
the first 6 of 14 random horses in any race. HBN is well on its way to
realizing its goal to grow the Horsepower2 game through strategic
alliances, online affiliates and selected racetracks until it becomes the
largest jackpot opportunity in the world!
For more information or to be updated on future corporate news, please
contact:
Stephan Horvath, Investor Relations Officer
Sungold EntertainmentCorp.
888 669 9580
email: investor_relations@sungoldent.com |
