|BREEDERS CUP CHOSEN FOR HORSEPOWER WORLDPOOL INTRODUCTION|
ARLINGTON HEIGHTS, IL: OCTOBER 25, 2002 ~ Sungold Entertainment Corp.(OTCBB: SGGNF, Frankfurt: WKN 608164) Sungold Entertainment Corp. (SGGNF: BB) Horsepower Broadcasting Network, Inc.'s announces its’ subsidiary
Horsepower Broadcasting Network (HBN) International Ltd. (“HBN”) will introduce the “Horsepower World Pool” pari-mutuel racetrack wagering system to operators and regulators from around the world Saturday October 26, 2002
on the occasion of the Breeders Cup World Thoroughbred Championship being held at Arlington Park in Illinois.
HORSEPOWER APPOINTS LARRY SIMPSON AS VICE PRESIDENT OF CORPORATE DEVELOPMENT, SUNGOLD APPOINTS AS DIRECTOR
Mr. Larry Simpson of Ontario, Canada has 24 years of sales, marketing and public relations experience, in the fields of horseracing, gaming, sports, and leisure. Larry has a unique background in both thoroughbred and standardbred horse ownership and syndication. Mr. Simpson has been a
successful publisher, manager and writer for many leading thoroughbred and standardbred publications over the past 15 years. Larry’s influence within the racing industry has extended to charity work for equine research, lecturing on handicapping, arranging new owner seminars and freelance
writing for racing and gaming publications.
Mr. Simpson has been granted 200,000 incentive stock options in Sungold Entertainment Corp. exercisable at $0.15 USD per share for five years.
Horsepower is proud to have a popular industry supporter like Larry Simpson on the frontline introducing the new “Horsepower World Pool” to the racetracks of the world.
HORSEPOWER WORLD POOL RETAINS
BOB ZIELKE & ASSOCIATES
HBN has retained Zielke & Associates led by Robert Zielke on a five year contract to provide consulting services for the introduction of the “Horsepower World Pool” racetrack program to racing operators and regulators within North America. Bob Zielke & Associates is a licensed Kentucky
commercial real estate company operated since 1977 in Lexington by President Robert Zielke. Bob has been actively involved in major transactions within the racing and breeding industries for over 20 years.
Mr. Zielke has managed the Lexington Country Club, is a Corporate Member of the Keeneland Club, Lexington Rotary Club and has served as a Staff Sergeant in the US Marine Corp. Dubbed by the late Don Sturgill as, “Kentuckys’
Ambassador”, Mr. Zielke will assist the “Horsepower World Pool” Development Team and the Racing Industry at all levels in 2003 to grow attendance and wagering at racetracks everywhere by establishing the worlds first random, real time, global, pari-mutuel pool.
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, Investor Relations Officer
Sungold Entertainment Corp.
888 669 9580