HTRE H3 Enterprises Inc (CE)

H3Enterprises, Inc. (Pink Sheets:HTRE) has announced the signing of a Personal Services Agreement with Harlem's all-time great StreetBaller and personality, Adrian "Hollywood" Walton. "Hollywood", who has also been anointed "Whole Lotta Game" and "A-Butta" by his fellow Ballers, has lead HTRE's Team H3 (5-2) into the 2005 Entertainers Basketball Classic ("EBC") Playoffs, which begin Monday night, August 15. All EBC games are currently being televised by NBA-TV and are regularly featured on ESPN. Walton is best known for his cold-blooded 35-point beatdown on Vince Carter when Carter was the NBA's reigning "Heir Apparent" and Walton had just turned 18. Their mano y mano duel may still be the most talked about confrontation in the 25 year history of the EBC, the world's premier StreetBall league. Last Monday, "Hollywood" amazingly administered a double-thrashing to 2 top stars from the NBA, Jamaal Tinsley and Jason Terry. Walton finished with 10 more points than the 2 JT's combined, unveiling a series of acrobatic slashes and electrifying clear-outs that ignited the Rucker Park crowd and powered Team H3 to an unforgettable 23-point burial of their star-studded rivals. Along with the "Hollywood" deal, HTRE has also announced the signing of a Consulting Contract with the championship coach of its EBC Team, Tony Rosa. Rosa is considered the premier coach in the league, winning a championship and making serious championship runs with teams that have been clearly undermanned. Rosa brings a fierce dedication and work ethic as well as tremendous "people skills" to every job he undertakes. Walton, whose "Hollywood" persona has become almost as famous as his game, is looking forward to immediately starting his new duties with HTRE as well as being an integral part of Team H3's Championship run: "I am extremely proud to be a member of Team H3, both on and off the court. H3 and his entire team are all about doing things the right way and I am committed to doing everything I can to help make our community conscious enterprises blow up. Winning an EBC Championship for HTRE and Coach Rosa on National TV would be a great start." HTRE will begin marketing a number of merchandise lines under the "Hollywood" name including his signature "Hollywood Shades", the ultra-stylish sunglasses that have become the envy of Hip Hop and Hoop stars alike. "Hollywood Shades" will be available at all HipHopSodaShops as well as some of the world's finest retailing chains. Plans are also in the works for a complete line of "Hollywood Jewels". To read the New York Post's recent "Baller of the Week" feature on "Hollywood", please click on http://www.h3inc.com. Rosa, for his part, intends to use his tactical skills and wealth of relationships to bring glory to HTRE: "We're on a nice roll right now by playing great team ball, and I believe we have a legitimate shot to end my man Fat Joe's 3 year reign of Terror. It's incredible how far hard work, discipline, and team play can take you. I feel truly blessed to be able to continue my relationship with Team H3 after the season ends, and will utilize everything and everyone at my disposal to make the HipHopSodaShops an international success." H3Enterprises is the first publicly traded company devoted to the Hip Hop lifestyle and culture. HTRE is the owner, creator, licensor, and franchiser of HipHopSodaShops, H3Raps, H3WhiteTeaBeverages, Team H3, H3Merchandising, Halls of HipHop, H3CyberSports, H3'sWorldSeries of CyberSports, and H30 (hthreeonline.com). This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results.