|Vancouver, BC: SEPTEMBER 10, 2002 ~ Sungold Entertainment Corp. (OTCBB: SGGNF, Frankfurt: WKN 608164) Sungold Entertainment Corp. (SGGNF: BB) announces an unprecedented HP2 marketing campaign focusing on the China and Taiwan markets will be launched September 15th 2002. The Horsepower2 technical team has completed four months of preparation to launch this campaign, which will reach over 20 million players online, primarily in China and Taiwan. Agreements for intensive online and offline promotion of the www.horsepower2.com world jackpot pool are now in place. China is a particularly exciting market for the HP2 jackpot pool and Sungold Entertainment Corp. In 2001 China reported 35 million Internet users, 60 million mobile phone users and over 60 million people investing in the stock markets. |
MALAYSIAN WEB CAFÉ’S JOIN HP2 TEAM
Horsepower Broadcasting Network (HBN) International Ltd. (“HBN”) has reached an agreement with the Redmond Group of Malaysia to introduce the HP2 world jackpot to their web cafés. The Redmond Group includes; Redmond Communication Network, Komkas Cyber Cafes and the popular Hot and Happening Club. Redmond views the HP2 world jackpot as a dynamic new value added feature for their franchisees.
HBN is a wholly owned subsidiary of Sungold Entertainment Corp. trading as SGGNF (OTCBB). www.horsepower2.com is a real time world jackpot pool based on a completely random and equal chance virtual horserace run online every 90 seconds. The HBN goal is to make HP2 the worlds’ largest online jackpot pool.
For more information or to be updated on future corporate news, please contact:
Stephan Horvath, Shareholder Relations
Sungold Entertainment Corp.
888 669 9580
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.