|
Sungold's Wholly Owned Subsidiary Horsepower Signs Major New Marketing Partners
Mr. Louis Hop Lee has been appointed to the board of Directors of Sungold Entertainment. Gameeast.com, Orinet Gaming and Got2bet.com and Southern Entertainments join Horsepower Broadcasting Network as Marketing partners
Vancouver, BC: June 25, 2002 ~ Sungold Entertainment Corp. (OTCBB: SGGNF, Frankfurt: WKN 608164) Sungold Entertainment Corp. (SGGNF: BB) announces the appointment of Louis Hop Lee to its Board of Directors. Born in Hong Kong, Louis Hop Lee grew up in the United States and graduated from the University of California at Berkeley in Social Sciences (BA) and Hastings School of Law, University of California (JD). Mr. Lee practiced law in San Francisco. He also served as a Commissioner and President of the Civil Service Commission of San Francisco from 1979 to 1989. Recently, Mr. Lee has been based in Hong Kong, actively involved in the Asian business and corporate community. Mr. Lee served in corporate communications for Chinadotcom Corporation, a leading Internet company in Asia. Mr. Lee has been granted 150,000 incentive stock options in Sungold Entertainment Corp. exercisable at $0.20 USD per share for five years.
GAMEEAST.COM LIMITED JOINS HBN AS
HORSEPOWER2・S MARKETING PARTNER
GameEast.com has entered into a marketing agreement to represent HBN as an online marketing partner. GameEast.com Limited is a leading game service provider/operator in the vibrant Hong Kong online games market, where it has a subscriber base in excess of 250,000 Hong Kong residents. GameEast.com Limited provides both proprietary games and those licensed from third party sources.
ORIENT GAMING AND CHINESE GOT2BET.COM JOIN HBN AS HORSEPOWER2・S MARKETING PARTNER
Orient Gaming has entered into an agreement to act as an online marketing partner for HBN. Orient Gaming operates Chinese got2bet.com, Asia・s largest casino gaming portal. Orient Gaming・s Managing Director Ted Loh founded got2bet.com in 2000. Mr. Loh has 20 years・ marketing experience in the Asian region. Today, Ted is one of Asia・s leading industry analysts.
SOUTHERN ENTERTAINMENTS JOINS HBN AS
HORSEPOWER2・s MARKETING PARTNER
Southern Entertainments has entered into an agreement to act as an online marketing partner with HBN. Southern Entertainments owns and operates a chain of Internet cafes in Johannesburg, South Africa.
About Sungold Entertainment
Sungold is a public corporation trading under the stock symbol OTC BB: SGGNF Sungold controls the North American and International Internet right, title and interest in the Horsepower2 animated, equal chance, wagering based, virtual horseracing system.
Sungold has assisted its wholly owned subsidiary Horsepower Broadcasting Network (HBN) International Ltd. in preparing and launching the Horsepower2 for the world wide net as a US$ wagering game and, for legal wagering and introduction at selected racetracks and race-books everywhere. For more corporate information check out their website www.sungoldentertainment.com.
For more information or to be updated on future corporate news, please contact:
Stephan Horvath, Investor Relations Officer
Sungold Entertainment Corp.
Tel: 888 669 9580
Email: investor_relations@sungoldent.com
|
