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Prosperity Bancshares Inc. Message Board

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    • NEWS! Looks good.

      Sports Group
      International (SPGK)

      Surf City Squeeze, a Wholly Owned
      Subsidiary of Sports Group
      International Inc., Enters
      Arabian and World Markets


      SCOTTSDALE,
      Ariz.--(BUSINESS WIRE)--April 5, 1999--Sports
      Group
      International Inc.'s (OTC BB:SPGK) wholly owned subsidiary,

      Surf City Squeeze, has executed a Master Franchise
      Agreement
      with Al Mana International Est., a franchisee of
      Subway, to operate
      Surf City Squeeze locations in the
      Arab countries of Qatar U.A.E.,
      Saudi Arabia,
      Oman, Bahrain, Kuwait, Egypt, Lebanon and Jordan.


      The Master Franchisee is committed under the
      terms of the
      Agreement to open a minimum of 25
      locations. The lease has been
      executed for the first
      Surf City Squeeze location scheduled to open in
      90
      days in Saudi Arabia.

      Surf City Squeeze is a
      juice bar company with in excess of 110
      locations
      throughout the United States. Its business focuses on

      directing, designing, building and franchising juice bar
      retail outlets
      within targeted markets such as high
      image fitness clubs, upscale
      shopping malls and
      university campuses.

      Surf City Squeeze has Master
      Franchise Agreements in effect for
      Canada and Portugal
      and is in communication with Master
      Franchisee
      for operations in England.

      This news release
      contains forms of forward-looking statements that
      are
      based on the company's beliefs as well as assumptions
      made by
      and information currently available to the
      company. Such statements
      are subject to certain risks,
      uncertainties and assumptions that are
      identified and
      periodic reports on file with the SEC.

      CONTACT:


      Investors Communications Group, Inc.


      800/368-5138


      http://www.financialsolutionsweb.com
      30orw;

      • 1 Reply to FinancialSolutionsWebcom
      • FinancialSolutionsWebcom FinancialSolutionsWebcom Apr 12, 1999 4:01 AM Flag

        Sports Group International Inc. Announces First
        Acquisition
        SPGK

        PALM DESERT, Calif.--(BUSINESS WIRE)--March 16,
        1999--Investors Communications Group Inc., the public relations
        firm acting on behalf of Sports Group International
        Inc., Tuesday announced an investor's opinion in order
        to notify analysts, brokers, market makers,
        institutional and retail investors, as well as media
        representatives, that its client, Sports Group International Inc.,
        a leading sports beverage company, has started
        trading under the symbol OTC BB:SPGK.

        Visit the
        Web site at: www.sportsgroupintl.com.

        Sports
        Group International announced the acquisition of SGI,
        the exclusive licensee of the Spalding Sports
        Worldwide name for the beverage industry. It is currently
        engaged in the sales and distribution of beverages in the
        water/sports drink category under such names as "Spalding
        Sports Drinks" and "Spalding Sports Water Pure Energy"
        throughout the United States, Mexico and Canada. SGI has
        many prominent celebrity athletes active in the
        promotion of the company as well as shareholders, including
        such names as Joe Namath, Kiki Vandeweghe, Larry
        Holmes and Clyde Drexler. According to Beverage World
        Magazine, in 1997 the fruit beverage, sports drink and
        bottled water markets accounted for more than $12 billion
        in retail sales.

        Sports Group International
        also announced that along with its acquisition of SGI,
        it has purchased Surf City Squeeze, a smoothie/juice
        bar company with over 110 stores in the United
        States. Surf City Squeeze had over $17 million in system
        wide sales in 1998. According to Entrepreneur
        Magazine, the health and nutrition industry is a $17
        billion a year business.

        Board of director member
        Vandeweghe feels that the acquisitions of SGI and Surf City
        Squeeze are a natural progression to the healthy
        lifestyle of the American consumer. The evolution of the
        smoothie/juice bar concept as a healthy alternative to a meal
        mirrors the health conscious message that SGI has always
        tried to convey. The company will continue to do
        business as Sports Group International Inc.


        Further information can be obtained from Investors
        Communications Group Inc. at: 800/368-5138; E-mail:
        cedric2@earthlink.net.

        This news release contains forms of
        forward-looking statements that are based on the company's
        beliefs as well as assumptions made by and information
        currently available to the company. Such statements are
        subject to certain risks, uncertainties and assumptions
        that are identified and described in the company's
        registration statements and periodic reports on file with the
        SEC.

        CONTACT:

        Investors Communications
        Group Inc.

        800/368-5138


        cedric2@earthlink.net


        http://www.financialsolutionsweb.com
        3u-80t-834jo/anrlsd

 
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