HOUSTON, Nov. 2, 2006 (PRIMEZONE) -- American Enterprise Development Corporation, (OTCBB:AEND) announced today that Havoc Distribution, Inc. (its wholly-owned portfolio company) has become a corporate sponsor of the Carolina Hurricanes and Gale Force Sports and Entertainment, which manages and operates the RBC Center in Raleigh, North Carolina. As the official energy drink of the Carolina Hurricanes, Havoc(tm) will be sold as a co-branded energy drink bearing the Hurricanes trademarks and logo. In addition, the RBC Center's upper concourse will be branded by Havoc(tm). We will be the exclusive energy drink sold at the RBC Center.
"We are pleased to support this great NHL team through our sponsorship of the Carolina Hurricanes," stated C.K. Williams, Havoc's President. "We expect to energize hockey fans with our winning flavor and disrupt the energy drink market by delivering a better product while supporting strong franchises like the Hurricanes," he added.
"We see Havoc as a brand that delivers both a high quality, flavorful energy drink and a product attractive to sports fans of any age. We expect this relationship to help attract young buyers to our products and our Company's story as Havoc builds its nationwide distribution relationships over the course of the next year."
Havoc Distribution, Inc. is based in Dallas, Texas and operates as a portfolio company of American Enterprise which is a Texas business development company focused on investments in early stage enterprises and providing significant managerial support to its portfolio companies. American Enterprise Development was represented in this transaction by Sports Media, Inc. of Silvis, IL.
Safe Harbor Statement:
This news release contains certain "forward looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.