JOCK hires IR firm with 35 years of experince in the market.
Thursday August 5, 7:59 am Eastern Time
Company Press Release
SOURCE: SportsPrize Entertainment, Inc.
SportsPrize Signs Agreement With FOCUS Partners to Provide Investor Relations
LOS ANGELES, Aug. 5 /PRNewswire/ -- SportsPrize Entertainment, Inc. (OTC Bulletin-Board: JOCK), a sports-based entertainment, information and e-commerce Internet company, today announced that it has entered into an agreement with FOCUS Partners LLC, a New York based full-service financial services firm, internationally recognized for its corporate and financial communications expertise.
In terms of this agreement and effective August 1st 1999, FOCUS Partners will assume the investor relations function for the Company.
About FOCUS Partners LLC
FOCUS Partners is a full-service financial services firm whose broad knowledge and experience increases clients' visibility with targeted investment audiences and strengthens their ability to raise capital. They provide public and private clients in North America, Asia, Europe and Latin America with services that include investor relations, public relations, financial consulting and capital raising support.
With SportsPrize rapidly approaching the launch of its live site, FOCUS Partners will work closely with the Company to generate broad-based market awareness, and more specifically to increase their financial coverage and expand their investor base. FOCUS Partners' extensive financial knowledge and thirty-five years of Wall Street experience translates into a powerful advantage for SportsPrize. They have an inside track on communicating the Company's value drivers with clarity and impact, which combined with the strong relationships they have forged in the financial community ensures maximum exposure for SportsPrize.com.
''FOCUS Partners' significant experience and excellent reputation in the marketplace will advance our strategic and financial goals,'' said Jeff Paquin, President of SportsPrize. ''By implementing a comprehensive investor relations program, SportsPrize will augment its credibility and entrench a positive image in the financial community, significantly impacting the value of our brand.''
FOCUS Partners has worked closely with a wide range of companies to present their stories in an effective format that generates results. Some of their Internet related clients include Nettaxi, Inc., CoStar Group, Inc., TrackData Corporation and ESPS, Inc. Their expertise speaks to the efficient dissemination of critical information to targeted investors and to helping clients achieve their business objectives with maximum efficiency.
Said Harvey Goralnick, founder and President of FOCUS Partners LLC, ''SportsPrize.com is positioned to become the leading sports site on the Internet. We are extremely excited at the opportunity to work with SportsPrize to help them convey their impressive story to the financial community.''
About SportsPrize Entertainment, Inc.
SportsPrize Entertainment, Inc. is a web-based entertainment company dedicated to creating the premier interactive Sports Community on the Internet. A rapidly evolving worldwide web is increasingly becoming a mainstream news and entertainment source, with one third of all on-line users targeting sports-related information (Jupiter Communications, New York). SportsPrize plans to leverage the power of sports entertainment and information by incorporating innovative advertising, marketing and e-commerce opportunities that will have global appeal for sports fans. The Company's portal SportsPrize.com will constitute a unique, multi-faceted on-line Sports Community, the main draw of which will be the ''SportsPrize Tournament,'' a proprietary, interactive game designed to challenge and reward sports enthusiasts. Played free by on-line members, the game will be key to building a loyal community of repeat visitors to the Company's Web site. Interactive links that enable SportsPrize members to view live sporting news feeds, check in for up-to-date sporting scores and communicate via chat rooms and free e-mail, will further capture the attention of sports fans. The portal will operate its own e-commerce stores and Auction Hall facilitating one-stop, on-line shopping for quality sports apparel, equipment and authentic sports memorabilia. With prominent Internet and sports marketing partners, SportsPrize.com is poised to become one of the most exciting destinations on the net. The corporate Web site for SportsPrize.com can be accessed at www.sportsprize.com .
'Safe Harbor' statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, terminology such as ''leading'' and ''premier'', the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
SOURCE: SportsPrize Entertainment, Inc.
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