NEWS is out and we are up 50% in premarket INTERNATIONAL BOXING COUNCIL SANCTIONS ACEI'S WORLD TITLE BOUT
INTERNATIONAL BOXING COUNCIL SANCTIONS ACEI'S WORLD TITLE BOUT
SAN JOSE, Calif., Dec 3, 1999 /PRNewswire via COMTEX/ -- American Champion Entertainment (Nasdaq: ACEI) announces today that the International Boxing Council (IBC) is sanctioning ACEI's first world championship match to be held in China on April 22, 2000 featuring boxing champion Hector "Macho" Camacho.
"We are proud and pleased to begin this relationship with American Champion Entertainment in their effort to promote the highest standard of professional boxing in the Peoples Republic of China. The IBC is most particular in selecting associations and groups. However, American Champion Entertainment has demonstrated their commitment to quality entertainment with its team of experienced sports and entertainment staff," stated IBC President Joseph "Blackie" Gennaro, one of the most respected boxing professionals in the business. He was the first appointed State of Ohio Boxing Commissioner, and managed such notable fighters as Ernie Shavers, the former Number One World Heavyweight Contender.
"Due to its stellar reputation, we went with the IBC," said George Chung, ACEI's Chairman. "In the wake of the recent troubles that other boxing organizations have faced, American Champion Entertainment was very careful to find a respected boxing organization to associate ourselves with." The IBC is one of the most widely known and respected boxing entities throughout the world. IBC champions and rated fighters include Shannon Briggs, Ike Ibeabuchi, Andrew Golata, and Hector Camacho.
American Champion Entertainment specializes in the development and acquisition of quality family and sports programming, as well as development of multimedia 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 television stations. Visit the Company's website at www.americanchamp.com for more information about ACEI.
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 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 -0- CONTACT: Jennifer Baker, Investor Relations of American Champion Entertainment, 408-288-8199, ext. 8181 WEB PAGE: americanchamp.com GEOGRAPHY: California New York China INDUSTRY CODE: ENT SPT
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