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5/16/2005

 
H3 Signs-up 'Hall of Fame' Line-up Company Lives up to Its Theme by Scoring Executive 'Dream Team'

NEW YORK--(BUSINESS WIRE)--May 12, 2005--H3 Enterprises, Inc., the first publicly traded company dedicated to the Hip Hop culture and community, has shaken the business and entertainment scene with today's unveiling of the "Franchise Dream Team." Award winning 25 year-old co-founders "H3" Peters and "J Niice" McNeil announced the signings of Clyde Culp, Jackie Robinson, George Lois, Bob Palmer, and Harold Kestenbaum to long-term deals. The Company has enlisted these highly decorated battle tested generals to ensure that H3's dream of job creation, youth education, health preservation, and equal opportunity for the entire Hip Hop community becomes a lasting reality. H3Enterprises is the owner, creator, licensor, and franchiser of Halls of HipHop, HipHopSodaShops, H3Raps, H3WhiteTea, H3CyberSports, H3'sWorldSeries of CyberSports, and H30 (hthreeonline.com).

H3 has attracted Clyde Culp, one of the all-time legends of food and hospitality franchising, to be its Chairman and CEO. Over the last 30 years Culp has served as CEO and President for Holiday Inns, Long John Silver's, Embassy Suites Hotels, among many other industry giants, and was owner, CEO and President of Wendy's largest franchise group, Davco (146 Wendy's units). Culp is known throughout the franchise industry as one of its greatest tacticians and leaders.

After a series of extremely profitable business ventures, Las Vegas basketball legend Jackie Robinson landed a spot in Black Enterprise Magazine's "Top 100 Business People" (#51). Jackie was the owner/operator of 53 franchised Pizza Hut Restaurants, and will be opening 30 HipHopSodaShops in the booming Las Vegas market over the next three years. Robinson will be directing H3's West Coast operations and is already using his wealth of contacts to gain the largest Las Vegas stage for H3's $5,000,000 World Series of CyberSports.

Bob Palmer has been tabbed to lead H3's Franchise Operations. Mr. Palmer has been CEO and President of New York New York Franchising, Inc., a company he founded in 2001. In the last 25 years Palmer has developed several well known franchises including Grease Monkey, Taco Rancho, New York Burrito, Auto Spa, Re-Bath and New York NY Fresh Deli. Palmer has proven to be one of the world's top innovators in franchise development and sales programs.

Since 1977, Harold Kestenbaum has been at the highest level of Franchise Law, with dozens of publicly traded companies among his clients. From 1982 to 1986, he was the Franchise Attorney for Sbarro's and has been a Director of that company for the last 20 years. He is now engaged in the independent practice of Franchise Law, representing a virtual "Who's Who" of food concepts nationwide. Kestenbaum will serve as H3's Franchise Attorney and General Counsel.

Marketing icon and social maverick George Lois is the most creative, prolific advertising communicator of our time. Lois is responsible for an incredible list of culture changing campaigns, including "I Want My MTV," ESPN "In Your Face," Lean Cuisine and Tommy Hilfiger. Lois is the only person ever inducted into all three marketing related Halls of Fame, and will serve as the Company's Creative Director. Lois also led the crusade that eventually freed "Hurricane" Carter and has recently teamed with H3 to educate the public about the plight of former NBA All-Star, Jayson Williams.

H3 will soon be announcing the details of its highly anticipated "Peoples Press Conference" in which the entire H3 Team will be introduced, including its All Star Canadian line-up. Other major Company developments will be unveiled along with a whole host of stars from the Sports and Hip Hop worlds that are expected to participate in the Company's future development.

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.
Contacts
H3 Enterprises, Inc.
Tom Lisker 914-376-6767




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