Choice Sports Network Inc Acquires No1 Criket Site
Choice Sports Network, Inc. Signs Agreement To Acquire www.cricmania.com
RESTON, Va., March 13 RNewswire-AsiaNet/ -- Gary Newman, Board Chairman of Choice Sports Network, Inc., formerly World Sports Licensing Corporation (OTC: CHSP), the new premier Internet global sports network, announced today that the Company will forward split its common shares of stock on a 3 for 2 basis, effective as of opening of business today.
Choice Sports Network, Inc. further announces the signing of an Agreement to acquire www.cricmania.com, the world's second largest Cricket website, and the holder of live sports broadcasting technology for the Internet and an interactive sports database, averaging approximately 500,000 page views per day during Cricket matches. With over 200 scheduled Cricket matches this year, Choice Sports Network, Inc., through www.cricmania.com, will commence worldwide live action broadcasts of World Cricket Matches and other major international sporting events. Choice Sports Network, Inc. has entered into an agreement with Sportshog1490.com aka One On One Sports Radio Network and Venturenet, CHSP's strategic broadcasting partners, to broadcast a number of major and championship sporting events, along with www.cricmania.com, to their 20 million radio listeners. CHSP's new President, Atul Mehta, former President-CEO of www.cricmania.com, states that these live action sporting event webcasts will be the premier broadcasts to be viewed over the Internet, Worldwide, Full Screen and in Real Time. CHSP's technology also has the ability to "black-out" North America (or any other venue) to accommodate the North American broadcasting territories of Sportshog1490.com aka One On One Sports Radio Network and Venturenet, while CHSP, through www.cricmania.com, webcasts to the rest of the world.
The business of www.cricmania.com, with its live action broadcast technology, will augment the compression technology owned by Choice Sports Network, Inc. providing the Internet with the broadcasting clarity of cable television along with the territorial segregation of "black out" capabilities. This technology benefits CHSP's "pay per view" business, along with CHSP's advertisers, with significantly cost effective, profitable operations.
The Board of Directors of Choice Sports Network, Inc. welcomes two additions to the Board, namely Lord Michael Sandberg, CBE, former Chairman and CEO of the Hong Kong and Shanghai Banking Corporation (HSBC) and the Royal Hong Kong Jockey Club; and Mr. Anthony (Tony) Chamblin, President and CEO of Racing Commissioners International.
For Further Information, contact: Peter Matuzak 1-877-778-7171 Toll Free or 425-814-6202; www.choicesportsnetwork.com. E-MAIL: wonderworldtelus.net. - THE COMPANY IS PREPARING ITS FORM SB-2 REGISTRATION - STATEMENT -
Certain statements contained herein with respect to factors which may affect future earnings, including management's beliefs and assumptions, are based upon information currently available and are forward looking statements. Pursuant to safe harbor provisions of the Private Securities and Litigation Reform Act of 1955, any such forward looking statements that are not historical facts involve risks and uncertainties. For more details of risk factors, please contact management.