HBN Develops New Horsepower2 Quick Pick World Pool Wagering
By staff
Sungold Entertainment Corp. (OTCBB: SGGNF, Frankfurt: WKN 608164) Sungold Entertainment Corp. (SGGNF: BB) Horsepower Broadcasting Network, Inc.’s new I. T. product development team announces 5 new Quick Pick wagers will be available for worldwide wagering October 1, 2002. HBN President Mr. Kim Hart stated, “The Quick Pick instant random betting option represents our commitment to player friendly, real time wagering that will assist HBN to become the largest jackpot pool in the world.”

In addition to the exponential growth Horsepower2 is experiencing from worldwide online players, HBN is preparing to offer Horsepower2 Pick 1 and Pick 6 world pool wagering at selected racetracks throughout the world in this fiscal year.

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, equal chance, virtual horserace, run online every 90 seconds. The HBN corporate mission is to establish www.horsepower2.com as the leading jackpot pool worldwide.

For more information or to be updated on future corporate news, please contact:

Stephan Horvath, Shareholder Relations

Sungold Entertainment Corp.

888 669 9580

email: investor_relations@sungoldent.com

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