BOCA RATON, Fla., Sept. 1, 2004 (PRIMEZONE) -- American Way Homed Based Business (Pink Sheets:AWHB), the company with its continuing focus on acquiring existing businesses and exploring opportunities in the work from home market, announced today that they have recently completed the acquisition of Prime Time High School Sports Inc., a television production company based in Florida.
Prime Time High School Sports Inc. (PTHSSI), will be covering the athletic programs and games for high schools in Florida. Recently, many athletic programs in Florida have lacked the necessary funding to keep their programs running. PTHSSI will assist programs with various fund raising efforts and they will also give 60% of the profits they earn in advertising dollars back to the programs they cover.
Home-based distributorships will be set-up selling advertising placements to local and national merchants.
In commenting on these new developments AWHB's CEO, Mr. Don Platten said: "We are in the unique position of being able to help our regional High School athletic programs and expand our business model at the same time. The television coverage that both the schools and AWHB will receive from these programs will be enormous."
About American Way Home Based Businesses:
The company focuses on acquiring existing businesses and exploring opportunities in the work from home market. The Company sees home-based businesses as a market ready for growth based on the recent statistics put out by the U.S. Department of Labor, stating that 4.2 million Americans now work from home. For more on the Company visit http://www.smallcapvoice.com/awhb/index.html
FORWARD-LOOKING STATEMENTS
This press release includes "forward-looking statements" within the meaning of the federal securities laws. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Many factors are beyond the company's and its subsidiaries' control. Important factors that could cause actual results to differ materially from the company's projections and expectations are disclosed in the company's existing and future filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.