Sungold International Holdings Corp.
PINK SHEETS : SGIH

Sungold International Holdings Corp.

April 21, 2009 21:51 ET

Sungold International Holdings Corp. Announces SEC Filing: Annual Report Form 20F

TORONTO, ONTARIO--(Marketwire - April 21, 2009) - SUNGOLD INTERNATIONAL HOLDINGS CORP. ("Sungold") (PINK SHEETS:SGIH)(FRANKFURT:WKN 608164, Berlin) -

Sungold International Holdings Corp. announced that it has filed the Annual Report Form 20F, including audited Financial Statements, for the year ended August 31, 2008 with the Securities and Exchange Commission. It was filed on Monday April 20th, instead of Friday April 17th, despite our best efforts. Because of this technicality, the company was moved from the OTC Bulletin Board, and currently trades at www.Pinksheets.com under the symbol SGIH. When looking for a listing from financial services websites, you may need to change our symbol to SGIH.pk for their purposes. You can also access our trading summary from our own web site www.sungoldintl.com.

Now that the company is in full compliance, we anticipate reinstatement on the OTC Bulletin Board in the near future.

In the meantime, Silks Corporation has been completing contracts with race tracks for the simulcast betting signals for the Turf Club at Dempsey's, Off-Track Betting location in Fargo ND. A total of 21 Race Tracks have been signed under contract so far.

About Sungold International Holdings Corp.:

Sungold® is in the business of developing entertainment and e-commerce business in Canada, the USA and internationally. Sungold® has three 100% wholly owned subsidiaries: Horsepower Broadcasting Network (HBN) International Ltd., Racing Unified Network (R.U.N.) Inc., and SafeSpending Inc. Sungold® controls the technology, source codes, trademarks, patents, copyrights and the worldwide title, rights and interest in each of the wholly owned subsidiaries. Sungold's related company, Silks Corporation holds a 44% interest in Silks Media Corporation, which publishes ThoroughbredStyle Magazine.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to future impact on the Company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Such information may contain statements that involve risks and uncertainties and is subject to change, at any time. The Company's results may differ materially from expected results. Information on the factors, which could affect the Company's operations or financial results, is included in the Company's reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission.

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