SOURCE: Mezey Howarth Racing Stables

January 22, 2008 12:20 ET

Mezey Howarth Racing Stables (MZYH) Launches Into the Multi-Billion Dollar Thoroughbred Racing Industry and Initiates Public Trading Under the Symbol: MZYH

SAN CLEMENTE, CA--(Marketwire - January 22, 2008) - Mezey Howarth Racing Stables, Inc. (OTCBB: MZYH) announced today that it has begun publicly trading its stock under the symbol: MZYH.

For the first time since American thoroughbred racing began 262 years ago, Mezey Howarth Racing Stables is extending the benefit of thoroughbred horse ownership to all of its shareholders. Currently, a select few have elite access to the tracks, clubs, horses, and lifestyle associated with Thoroughbred racing seen in the Kentucky Derby, the Preakness, or the Belmont Stakes. Now, shareholders of Mezey Howarth Racing Stables will be able to access those benefits through the Company's portfolio of race horses. By redefining the benefits of shareholders and owners alike, our shareholders are provided access to a level of the sport that would otherwise be unavailable to them.

The Company acquires, owns, manages, trains, and races thoroughbred racing prospects. Mezey Howarth Racing Stables works with only the finest trainers, jockeys, veterinarians, blacksmiths, and other service providers, to ensure that our horses are afforded every opportunity to excel. We rely on the highest standards of ethics and do not cut corners, believing that luck in this industry comes only through preparation, hard work, patience, and the professional management of our horses. We will use our unparalleled business and technology expertise to pursue above-average racing results in allowance and stakes level competition.

"We view the shareholders as co-owners who have entrusted their investment to us," says Chief Executive Officer J. Wade Mezey. "It is expected that as a part owner, the shareholders will view their investment as a long term investment and one in which they can enjoy not only the traditional returns of publicly traded companies but also the unique ability to have access and enjoyment of the Company's assets."

President Paul Howarth states, "We are looking forward to a great 2008. We are planning on growing the stables and are looking to acquire businesses that will diversify the company overall growth." Mr. Howarth continued by saying, "Although we are a corporation, we view ourselves as a partnership with Wade and me as the managing partners. As a result, we want there to be active communication with the shareholders."

The Company will focus in 2008 on directly owning a diversified group of businesses that generate cash and will consistently earn above-average returns on capital.

About Mezey Howarth Racing Stables

Mezey Howarth Racing Stables, Inc. is a thoroughbred racing company that extends the benefit of ownership to all shareholders. 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. The Company

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. In particular, statements using words such as "may," "should," "estimate," "expect," "anticipate," "intend," "believe," "predict," "potential," or words of similar import generally involve forward-looking statements.

Contact Information

  • Contact:
    Wade Mezey
    (949) 429-4001