ACEI SIGNS HECTOR 'MACHO' CAMACHO FOR WORLD BOXING TITLE BOUT IN CHINA
ACEI SIGNS HECTOR 'MACHO' CAMACHO FOR WORLD BOXING TITLE BOUT IN CHINA
SAN JOSE, Calif., Nov 22, 1999 /PRNewswire via COMTEX/ -- American
Champion Entertainment (Nasdaq: ACEI) has just signed IBC World Super
Welter Weight Boxing Champion Hector "Macho" Camacho for the first ever
professional boxing match to take place in China. Camacho, with his
flamboyant style coupled with an impressive record of 69-4-1 including
33 knockouts, will be a treat for the Chinese audience who has never
witnessed a live world-class boxing event. The match is tentatively set
for April 22, 2000, with the opponent to be named. "We are fortunate to
have signed on a fighter with Hector Macho Camacho's worldwide
popularity and reputation to be in our first sporting event produced in
China," said George Chung, ACEI's Chairman. "Due to the anticipated
demand, we foresee primary revenue sources to be broadcast rights and
advertisement."
With the U.S./China trade relations reaching a new level of
cooperation, ACEI and its China connections are poised to make a
significant impact into the Chinese sports market. The company's
partners in China indicate a large demand for sporting events presented
with a western flair.
Alex Ramos, spokesperson for Camacho, said, "Macho Camacho is very
proud to be associated with American Champion Entertainment and their
vision of new markets for international sports. Macho is proud to join
other world class athletes that associate themselves with ACEI."
Camacho stated, "I can hardly wait to meet the great athletes of China.
Their skill and discipline have been demonstrated in many sports that I
have seen. I am honored to be the first fighter to compete in a world
title bout in their great country. I am excited by the new audience of
over 1 billion people who will soon be introduced to the warriors of
the ring. Macho Camacho is ready to battle in Beijing."
American Champion Entertainment specializes in the development and
acquisition of quality family and sports programming, as well as
development of multi-media consumer products that enlighten and
entertain. The Company produces the Emmy award-winning children's
television series "Adventures with Kanga Roddy" for broadcast on public
TV stations. Legendary football stars Joe Montana and Ronnie Lott are
the executive producers of the show. Mr. Lott also serves on the
company's board of directors. The company recently launched its
e-commerce website, Hiyah Bazaar (www.hiyah.com) where videotapes and
merchandise based on the TV show can be purchased.
The statements contained in this Press Release contain certain forward
looking statements, including statements regarding ACEI and its
subsidiary's expectations, intentions, strategies and beliefs regarding
the future. All statements contained herein are based upon information
available to management as of the date hereof and actual results may
vary based upon future events, both within and without the control of
the management of ACEI.
SOURCE American Champion Entertainment
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
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CONTACT: Jennifer Baker, Investors Relations of American Champion
Entertainment, 408-288-8199, ext. 8181
WEB PAGE: hiyah.com
americanchamp.com
GEOGRAPHY: California
New York
China
INDUSTRY CODE: ENT
SPT
SUBJECT CODE: PDT
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