HTRE H3 Enterprises Inc (CE)

H3 Enterprises, Inc. (Pink Sheets:HTRE) today announced that the Company's Board has appointed Basketball legend and veteran businessman, Jackie Robinson, as the H3 Enterprises' new Chief Executive Officer, effective immediately. Mr. Robinson brings extensive executive management experience, leadership, hands-on industry knowledge and invaluable resources to the company and its stakeholders in his new role as CEO. Robinson's professional careers, both on the basketball court and in the board room, have been highlighted by a series of unparalleled accomplishments that have only been matched by the content of his character, selflessness and commitment. As an athlete, Robinson achieved All-American and Hall of Fame status at UNLV, and went on to win an NBA World Championship with the 1979 Seattle Supersonics. In business, Robinson has spent the past twenty years building successful businesses in real estate, construction, credit, and in the food and beverage industries. He formerly served as Chairman and CEO of RLLW, Inc., a franchisee of 73 Pizza Hut restaurants, a globally recognizable brand owned by Yum Brands (NYSE:YUM). Robinson also spent 10 years as Chairman and CEO of Robinson, Loyd & Associates, the largest administrator of Federal tax credit programs in Nevada for all major casinos, while later serving as an executive at the Aladdin Hotel & Casino, now owned in a partnership between Plant Hollywood(TM) and Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT). Robinson was also ranked 52nd in Black Enterprise Magazine's "Top 100 Business People" and was, at one point, the 10th largest employer of African Americans in the USA with more than 3000 people on his payroll. Most recently, Mr. Robinson has been a partner in eight highly successful retail establishments inside Las Vegas' McCarran International Airport, one of the busiest airports in the United States. H3 Enterprises' Chairman, George Lois, commented, "There is no better person to take on this job at this time than Jackie Robinson. He has reached the pinnacle of success in both his athletic and business endeavors and is a natural born leader who consistently manages to hold everyone around him to a higher standard. Jackie's wisdom, fearlessness, and drive to succeed will undoubtedly provide a shining example for all associated with TeamH3 to emulate." Mr. Robinsons' day-to-day responsibilities will concentrate on the continued strategic development and operation of the Company's existing properties, including the franchising and operations of the HipHopSodaShops, the management of H3's "Mecca of CyberSports," H3Players.com, along with all related tournaments including its 'WorldSeries of CyberSports', which is scheduled to be held December 3 at the Palm's Resort Casino in Las Vegas, and overseeing H3's White Tea Beverage Division, which is readying to launch its "BG7 White Tea Energy Blast" project in conjunction with the Chicago Bulls' NBA sensation, Ben Gordon. In response to his appointment, Robinson stated, "It is an honor to be taking the reigns of this truly visionary company. I accept the position with great pride and a tremendous sense of responsibility. I am eager to explore the wealth of cutting-edge opportunities that lie ahead. Our future has no limits and I'm looking forward to the years of growth H3 Enterprises has ahead of it. In the short term, we have some very exciting announcements we will be making to the public in the coming weeks, and I look forward to sharing these developments with HTRE shareholders and the world-at-large." About H3 Enterprises, Inc. H3 Enterprises is a publicly traded company dedicated to the Hip Hop culture and lifestyle. H3 is committed to the positive growth of the entire community through business and educational opportunities. In less than a year, H3 Enterprises has created a business focused on feeding the worldwide demand for everything Hip Hop and maximizing returns for its shareholders. H3 Enterprises is the owner, creator, licensor, and franchiser of HipHopSodaShops, HipHopHeaven, Halls of HipHop, H3Raps, H3WhiteTea, H3Players.com, H3Merchandising, and H3Players' WorldSeries of CyberSports. Forward-Looking Statements This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of H3 Enterprises, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.