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To: Aduke who wrote (67804)	10/20/2000 10:18:32 AM
From: john	Read Replies (1) \| Respond to of 150070

SGGNF news Today's Press Release - Friday October 20, 9:01 am Eastern Time Press Release Sungold Entertainment Corp. - Horsepower Marketing Campaign Begins Today VANCOUVER, B.C.--(BUSINESS WIRE)--Oct. 20, 2000--Sungold Entertainment Corp. (OTCBB:SGGNF - news) announced today that The Sports Network will begin to market Horsepower Network.Com on its sports site which hosts 8-10 million people monthly. Horsepower is being introduced to major Asian, European and North American wagering sites. Horsepower's banner ``Virtual Horseracing the Ultimate Rush'' will be shown to sports fans and online gaming players around the world. Horsepower seeks to grow the player base to 50,000 players by May 30, 2001. NEW WAGERING PRODUCT As part of the Horsepower commitment to listening to our players suggestions Horsepower is developing a win bet for people that want to bet one horse to win. This new bet will be available to all Horsepower Network.Com players soon, in conjunction with the introduction of USD wagering. In addition Horsepower players will notice a number of player friendly enhancements and sports content from the 15 major sports have been added to the Horsepower Network.Com website. The Horsepower (Pick 6) jackpot is expected to grow at a significantly faster rate than it did during the beta test period which ended today. Presently players can play for free for a chance to win valuable prizes such as trips, DVD's and jewelry. Players receive 250 credits when a friend submits their user name upon registering as a new Horsepower player. When USD wagering begins the referring player will receive USD when their friend registers their user name. HORSEPOWER ON THE ROAD During the next five weeks Horsepower Network.Com will be represented at the International Symposium on Gaming Law and Management in Antigua, the Windows on the World Virtual Advertising 2000 conference in New York City and Bear Stearns Global Communications Conference also in New York City. The announcement last week of the first legal internet casino in Nevada signifies a first step toward a full regulatory/licensing system in the United States. ``Kim Noble Hart'' Kim Noble Hart, President & CEO This news release contains forward-looking statements regarding projected revenues. Forward-looking statements address future events and conditions based on the opinions and estimates of management and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking statements.