Hi Score Corporation Announces a Memorandum of Understanding with its Non Affiliated Debt Holders.

Hi Score Corporation Announces a
Memorandum of Understanding with its Non Affiliated Debt Holders.

Oct
16, 2013

OTC Disclosure & News Service

ACCESSWIRE) 10/16/2013 7:00:00
AM - Hi Score Corporation. (OTC PINK: HSCO ) is pleased to announce that
it has successfully concluded a memorandum of understanding with its
Non-Affiliated Debt holders to convert the principal balance remaining of their
outstanding notes into convertible preferred stock. The understanding between
everyone is that these equity securities will be converted into common once
aged, and form the backbone of a Registration Statement with the SEC.

William White, the new CEO of
Hi Score Corporation states, "We are extremely pleased with the progress
we have made. We have completed an acquisition, brought the affiliated debt
down by retiring insider debt, and now put the wheels in motion to bring our
non-affiliated debt down. Hi Score Corporation did not have significant third
party debt on its balance sheet and neither does it have a lot of non
affiliated debt holders. This makes it easier for Hi Score Corporation to reach
an understanding with the small group we have, while meeting our contractual
obligations. Our next objective is to complete a consolidated audit so that we
can become an SEC reporting company. We are going to short list some auditors,
and would expect to have a final decision soon on the PCAOB auditing firm
assigned to complete this task. "

About Hi
Score Corporation:

Hi Score
Corporation (HSCO.PK) serves as the parent company
for Green LED Technology Inc. Hi Score is also the owner of the EcoGreenBulb
Line of Compact Fluorescent Lamps and the REPCO Line of Traditional
Lighting. It is the primary aim at Hi Score to show their companies?
clients how to save energy and money by utilizing safe, efficient, lighting.
Their companies provide cost effective alternatives to current commercial use
of fluorescent and incandescent bulbs. In the next decade, everyone (including
large and small businesses to towns, cities and homeowners) will be called upon
to replace their current methods of lighting with more energy efficient and
less toxic products. In August of 2012 the Company resolved to explore
acquisition of other profitable private companies in the Energy Saving
Lighting. In October of 2012 the company expanded its exploration horizons to
include opportunities with companies in any space provided the deal makes
fiscal sense and shows potential of growth.

Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E and
or 27E of the Securities Exchange Act of 1934 that are based upon assumptions
that in the future may prove not to have been accurate and are subject to
significant risks and uncertainties, including statements as to the future
performance of the company and the risks and uncertainties detailed from time
to time in reports filed by the company with the Securities and Exchange
Commission. Statements contained in this release that are not historical facts
may be deemed to be forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Although the company
believes that the expectations reflected in its forward-looking statements are
reasonable, it can give no assurance that such expectations or any of its forward-looking
statements will prove to be correct. Factors that could cause results to differ
include, but are not limited to, the company's ability to raise necessary
financing, retention of key personnel, timely delivery of inventory from the
company's contract manufacturers, timely product development, product
acceptance, and the impact of competitive services and products, in addition to
general economic risks and uncertainties.