LAS VEGAS, Sept. 13, 2011 (GLOBE NEWSWIRE) -- HeadsUp Entertainment International Inc. (Pink Sheets:HDUP) announced today that it has incorporated a new wholly owned subsidiary, HeadsUp Entertainment Las Vegas LLC. This company will be the vehicle for the company's expansion of operations in the Las Vegas marketplace for both poker and entertainment events. New management has been put in place to aggressively target new market opportunities and expand its business model from its Canadian operations base.
"We are about to announce some exciting new ventures and partnerships in the US," commented CPT President Dan Forigo. "The scope of the ventures warranted the move to create the new division and management looks forward to announcing the agreements that are currently being finalized ranging from multi-year marketing agreements to a new financing that will allow the company to substantially accelerate its growth."
Further details will be announced next week once all agreements and registrations are completed.
About HeadsUp Entertainment International Inc.
HeadsUp Entertainment International Inc. is a global media and entertainment company engaged in the creation of branded entertainment through the development, production and marketing of televised programming based on poker and other entertainment themes. For more information see the Company's website http://www.headsupentertainment.com/.
Forward-Looking Statements:
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of HeadsUp Entertainment International Inc.'s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.