H3 Enterprises Inks Agreement With Online Video Gaming Pay-to-Play Leader, GamerSaloon.com
July 08 2008 - 12:29PM
Marketwired
NEW YORK, NY , the world's first publicly traded Hip-Hop
company, has signed an agreement with Michigan-based
GamerSaloon.com. The web property, to be announced officially in
the coming days, will offer video gamers of all skill levels the
ability to win money and prizes as they game. The site will support
a variety of multiplayer tournaments, rule-sets and video game
titles. The site will also provide support for all major video
gaming platforms. "We are excited to be working with
GamerSaloon.com to power our online mulitplayer pay-to-play engine.
This agreement officially commences the initiation of H3's
multi-faceted online video gaming revenue business model," said
Jordan Edelson, H3 Enterprises' Chief Technology Officer and
Digital Entertainment Director. "The new web property will target
both the hardcore and casual video gaming enthusiast with support
from H3's unique reach and celebrity driven access."
GamerSaloon.com's CEO Gabe Rubin stated, "We have spent several
years developing and growing our technology and are thrilled to be
working with H3 on the project. This is a unique revenue generating
opportunity that will have GamerSaloon.com's full support and
dedication." More news and information on the new web property will
be announced in the coming days.
About GamerSaloon.com: GamerSaloon.com is the world's largest
video game tournament network that lets adults compete for real
cash prizes in head-to-head and multi-player tournaments.
GamerSaloon.com members can chat live with each other and view a
potential opponent's profile containing history and other player
comments. Over 85,000 members are registered (free) with the
website and more than $1.3 million in cash prizes have been awarded
since GamerSaloon.com was launched in November, 2006
About H3 Enterprises, Inc. and the HipHopSodaShop: H3
Enterprises, Inc. is the parent company of the HipHopSodaShop. As
the first publicly traded Hip-Hop company, H3 Enterprises, Inc. is
dedicated to the mission of empowering young people through
investment, education and economic development.
The HipHopSodaShops are a franchise restaurant operation that
brings hip-hop music, sports and community involvement to every
city where they open. The HipHopSodaShop comes complete with a
quick-service menu, merchandising, a state of the art recording
studio, multiple giant LCD screens, the latest Xbox 360 live video
games, and a large area dedicated to competitive on-line video
gaming. The HipHopSodaShop is a modern day cultural entertainment
center where many forms of Hip-Hop can be expressed by patrons and
embraced by the community. The HipHopSodaShops carry a message of
giving back to the community in the forms of empowerment,
investment, and employment. H3 opened its first HipHopSodaShop in
Tampa in December of 2007 and recently opened its second unit in
Miami in May 2008. The company plans to begin aggressively
franchising and licensing the HipHopSodaShops in the third quarter
of 2008. (www.hiphopsodashop.com)
Safe Harbor: 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.
Contact: Public Relations Rhiannon Capling (813-833-9778)
rhiannon.capling@hiphopsodashop.com
H3 Enterprises (CE) (USOTC:HTRE)
Historical Stock Chart
From Jun 2024 to Jul 2024
H3 Enterprises (CE) (USOTC:HTRE)
Historical Stock Chart
From Jul 2023 to Jul 2024