SOURCE: Mezey Howarth Racing Stables

January 23, 2008 13:22 ET

Mezey Howarth Racing Stables (MZYH) Announces It Has Successfully Implemented Its Claiming Division

SAN CLEMENTE, CA--(Marketwire - January 23, 2008) - Mezey Howarth Racing Stables, Inc. (OTCBB: MZYH) announced today it has successfully implemented its claiming division.

Mezey Howarth Racing Stables claimed Blushing Bear Cat for $20,000. Blushing Bear Cat raced 23 days later and placed 3rd and was claimed from the Company for $25,000. Blushing Bear Cat earned $4,320 from purse winnings. The company made $29,420 from its $20,000 acquisition of Blushing Bear Cat for a profit of $9,420.

"Bringing core business fundamentals into an industry that historically lacks these fundamentals is a challenge," says President Paul Howarth. "We expect to build upon our early success."

"This is a great beginning for a new era in horse racing," says CEO/Chairman J. Wade Mezey. "With this success we look forward to expanding into other businesses."

About Mezey Howarth Racing Stables

Mezey Howarth Racing Stables, Inc. is a thoroughbred racing company that extends the benefit of ownership to all shareholders. Redefining the benefits of shareholders and owners alike, Mezey Howarth Racing Stables acquires and maintains a stable of race horses adequate to compete in the upper echelons of the Thoroughbred horse racing industry.

Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995:

This press release contains, and Mezey Howarth Racing Stables may from time to time make, written or oral "forward-looking statements" within the meaning of the U.S. federal securities laws, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside Mezey Howarth Racing Stable's control that could cause actual results to differ materially from such statements.

Contact Information

  • Contact:

    J. Wade Mezey
    Paul Howarth
    Phone 949.429.4001