Global Sports gets hi-tech PR

December 24, 2001 6:45 AM
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Global Sports & Entertainment, Inc. has hired The Internet PR Group, Inc., a highly regarded investment research and investor relations firm, located in Beverly Hills, California.

The Internet PR Group is one of the nation’s leading investment firms, specializing in creating market awareness programs for publicly-traded companies involved in the Internet, restaurant, gaming and entertainment industries. They also publish three industry specific newsletters.

The Internet PR Group will be working in tandem with Integrated Corporate Relations (ICR) of Westport, Connecticut, a financial public relations firm headed by a group of former Wall Street equity analysts experienced in institutional research, sales & trading, and investment banking. ICR’s efforts will be primarily geared toward overall strategy and ultimately, the Institutional marketplace.

Global Sports recently became a publicly-traded vehicle, which has helped the business identity, Root said.

“It has enhanced our visibility and enabled us to broadcast The Global SportsEDGE to an ever increasing audience,” he said. “As reported in mid-November, our company reported that revenues for the nine-month period ended September 30, 2001 increased almost five-fold to $1.3 million versus $228,697 in the first nine months of fiscal 2000. Moreover, for the full fiscal year ending December 31, 2001, we believe that revenues will increase almost three-fold to a range of $2.7 million to $3.0 million versus $1,055,075 million in fiscal 2000. With the help of The Internet PR Group and ICR, we certainly look forward to telling this story to Wall Street and reporting on our ongoing progress.’’

Global Sports & Entertainment specializes in developing, producing, and marketing sports handicapping analysis and information via television (The Global SportsEDGE), and the Internet (www.GSportsEDGE.com). The Company provides professional handicapping advice on professional and college football, basketball, and baseball.