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Non-Tech : Sungold International Holdings Corp. (SHIHF)

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To: Troy Griffin who wrote (15)12/5/2001 9:04:49 AM
From: Troy Griffin  Read Replies (1) of 20
 
Horsepower2 wins the International Internet Gaming Innovator Award for 2001
Vancouver, BC : [Business Wire] December 4, 2001 ~ Sungold Entertainment Corp. (OTC BB: SGGNF News, Frankfurt: WKN 608164 News) is extremely pleased to announce that Sungold and its' wholly owned subsidiary Horsepower Broadcasting Network (HBN) International Ltd., have been presented with the prestigious International Internet Gaming Innovator Award at the fifth Annual Symposium on Internet Gaming held at the Shelbourne Hotel in Dublin, Ireland.

Sungold/HBN were globally recognized for the successful development of their Horsepower2 (HP2) equal chance, virtual horseracing game. Having recently completed its' first live beta test, HP2 has garnered worldwide interest and is currently initiating a focused marketing campaign aimed at making the Horsepower2 Quick6(tm) the largest jackpot pool in the wagering world. Recent pool winnings have included a $465,785 USD Pick 5 and a $46,537 USD Pick 4. Horsepower2 is a random virtual horserace run every 90 seconds with a real-time, online, common pari-mutuel pool.

Other winners of awards at the symposium included Boss Media AB (Sweden : 13-SEK), Ladbrokes (division of Hilton International Hotels NYSE : HLT), and Cryptologic (Nasdaq : CRYP).

Permanent Gaming License Issued for HBN
Horsepower Broadcasting Network (HBN) International Ltd. has received a permanent gaming license from the Kahnawake Gaming Commission. The Kahnawake Gaming Commission, with licensees from around the world operating on Mohawk Territory of Kahnawake, Quebec, has become a global recognized leader in licensing and regulating online wagering operators.

For more information or to be updated on future corporate news, please contact:
Lindsay Malcolm Corporate Inquiries:
Sungold Entertainment Corp. Mike Bennett: mbennett@horsepower2.com
1-877-549-2840 (toll-free)
email: lmalcolm@novus-tele.net Horsepower Affiliate Opportunities:
Alan Weinrib: aweinrib@horsepower2.com
Europe Investor Relations Contact:
Henry Bohl, CEO Baltic Investment GmbH
Ph: 01149- 172- 43 63 477 Fx: 01149- 451-709 878 19
Web: www.balticinvestment.com
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