Sports Group International (SPGK) Coverage has been issued Message Board

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Technology Stocks : Sports Group International (SPGK) Coverage has been issued

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To: Safe Cents who wrote (33)	5/25/1999 2:39:00 PM
From: Safe Cents	Read Replies (1) of 50

SPGK HUGE NEWS RELEASE HERE NOW. Sports Group Sports Group International Inc. Secures $6.5 Million in Equity SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 25, 1999--Sports Group International Inc. (OTC BB:SPGK) Tuesday announced that a significant investor has purchased 650,000 shares of Series B preferred stock ("SPGK"), at $10.00 per share. This high profile investor believes that SPGK is an up and coming leader in the juice bar/smoothie and sports drink industry. Kevin Blackwell, president and chief executive officer of SPGK stated that "with this investor's huge vote of confidence, we have now secured ourselves as a leader in the juice bar/smoothie industry. We are right on track with our goal of 600 locations over the next 12-18 months domestically and with our '2000 in 2002' vision globally." Sports Group is currently cash flowing and profitable, with two acquisitions presently under contract. The $6.5 million will be used to secure the first of several acquisitions. The SPGK strategy looking forward is for acquisitions in the juice bar/smoothie industry to be made with a combination of cash and stock. Further information can be obtained from Investors Communications Group Inc. at: 800/368-5138; email: cedric2@earthlink.net. This news release contains forms of forward-looking statements that are based on the company's beliefs as well as assumptions made by and information currently available to the company. Such statements are subject to certain risks, uncertainties and assumptions that are identified and described in the company's registration statements and periodic reports on file with the SEC. CONTACT: Investors Communications Group Inc. 800/368-5138 E-mail: cedric2@earthlink.net

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