To: Troy Griffin  who wrote (16 ) 12/18/2001 8:16:54 AM From: Troy Griffin     Read Replies (1)  | Respond to    of 20  JOEL LAYKIN - LAYKIN COMMUNICATIONS TO LEAD HP2 LAUNCH IN ASIA  Vancouver, BC : [Business Wire] December 17, 2001 ~ Sungold Entertainment Corp.  (OTC BB: SGGNF News, Frankfurt: WKN 608164 News) is proud to announce it’s  subsidiary Horsepower Broadcasting Network (HBN) International Ltd. has appointed  Mr. Joel Laykin / President of Laykin Communications, to lead the launch of the Horsepower2 wagering game in Asia. Mr. Laykin, a Hong Kong leader, has had extensive success with advertising, public relations, marketing and production experience for over 22 years in the United States, 24 years in Asia and most recently on the internet.  His firm has served the countries of Israel, Mauritius, Thailand and the U.S.A. Clients have included, Nomura in Toyko, Dun & Bradstreet (Greater China), Hong Kong Tourist Association, SmartTransact, Warner Home Video (USA), American Express Credit Cards, Asian Wall Street Journal, Cable & Wireless, Chase Manhattan Bank (Visa), Columbia Tri-Star Interactive (USA), Commerical Radio Hong Kong, Daihatsu, Dow Jones & Company, Easybets (UK), Guestlink International, Hongkong Telecom, I-Quest / Worldroom, Jardine Pacific, Metromedia Technologies, MGM Interactive (USA), Miss Asia Pacific Contest, Monopoly, Scrabble and Television Broadcast Ltd. (TVB). Mr. Laykin has conducted “due diligence” road shows in connection with initial public offerings, bond issues, annual reports / AGM functions, investment seminars and presentations for established corporations and governments.  A member of American Chamber of Commerce in Hong Kong since 1980, he serves as the Executive Vice Chair and Chair of its “Policies and Issues” subcommittee.  Laykin is on the executive committee of the "Rule of Law in China Forum". He serves as the membership Chairman for the Kowloon Rotary. He also serves on the Board of Directors of the "California Association in HK" as Director of Communications. Mr. Laykin is a member of the Council of Public relations firms of Hong Kong.  To contact Joel Laykin in Hong Kong: email: group@laykinhk.com  Horsepower Broadcasting Network (HBN) International Ltd. is a wholly owned subsidiary of Sungold Entertainment Corp. trading on the Bulletin Board (SGGNF) and the Frankfurt Stock Exchange (SQ5). Horsepower™ is an award winning worldwide real time betting game offering equal chance parimutuel wagering and a guaranteed million dollar Pick 6 / Quick 6™ jackpot on random virtual horse racing every 90 seconds on the site: www.horsepower2.com  For investor information please contact:  Lindsay Malcolm European Investor Relations Contact:  Sungold Entertainment Corp. Henry Bohl, CEO Baltic Investment GmbH  1-877-549-2840 (toll free) Tel: 01149 172 43 63 477  email: lmalcolm@sungoldent.com Fax: 01149 451 709 878 19 Corporate Inquiries: Mike Bennett: mbennett@horsepower2.com  Horsepower Affiliate Opportunities: Alan Weinrib: aweinrib@horsepower2.com  This news release contains forward-looking statements regarding projected revenues and corporate developments. Forward-looking statements address future events and conditions based on the opinions and estimates of management and therefore involve inherent risks and uncertainties such as risk associated with international markets, financing conditions and international currency fluctuations. 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.