May 17, 2013 14:52 ET

HPIL Holding Announces That, Through Its Subsidiary HPIL ART&CULTURE, INC., It Is the Official Sponsor of the W.T.F.S.K.F. European Traditional Fudokan Shotokan Karate-Do Championship

SAGINAW, MI--(Marketwired - May 17, 2013) - HPIL Holding (the "Company") (OTCQB: HPIL) is pleased to announce that, through its wholly owned subsidiary HPIL ART&CULTURE, INC., it is officially sponsoring and participating at the W.T.F.S.K.F. European Traditional Fudokan Shotokan Karate-Do Championship. The Championship is being held between May 15th and the 19th, 2013. More information on the Fudokan Shotokan Karate-Do Championship can be found at There are athletes and participants from numerous European countries at the Championship.

The Championship tournament is being held at the "PALAZZETTO DELLO SPORT WALTER VICENTINI" in the City of Caorle (Venice, Italy). For more information please visit

During the event, the athletes and the participants are staying at the "VILLAGGIO SAN FRANCESCO by BIASUZZI," in Caorle - Loc. Duna Verde (Venice, Italy). For more information please visit  

Mr. Ionel Bara, President of the W.T.F.S.K.F., said, "This is our premier European Fudokan Shotokan Karate-Do event, and we are pleased with HPIL ART&CULTURE INC.'s official sponsorship of this event and we look forward to working with them for future Championships."

Mr. Louis Bertoli, President and CEO of HPIL ART&CULTURE, INC., said, "We are thrilled that we could be the official sponsor of this event and we are committed to the event's success and look forward to future Championships."

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This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.

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