TrackPower, Inc.
OTC Bulletin Board : TPWR

TrackPower, Inc.

October 27, 2006 09:28 ET

TrackPower Announces the Opening of the Gaming Facility at Vernon Downs

TORONTO, ONTARIO--(CCNMatthews - Oct. 27, 2006) - TrackPower, Inc. (OTCBB:TPWR) today announced the grand opening of the new 33,000 square foot gaming facility at Vernon Downs and the completion of the $4,000,000 renovation and expansion.

Visitors are enjoying the new amenities including 777 video gaming machines. The facility's entertainment offerings opened in August with a newly renovated grandstand, restaurants, lounge arcades, entertainment, retail, live racing and simulcasting. Vernon Downs is located in Vernon, New York near Syracuse.

Ed Tracy, President and Chief Executive Officer of TrackPower, Inc. commented, "It has been a long and arduous process to arrive at yesterday's opening. We are pleased with the facility and the customer response to both the gaming and racing product."

This release includes projections of future results and "forward-looking statements" as that term is defined in Sections 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.

Contact Information

  • TrackPower, Inc.
    John G. Simmonds
    (905) 833-9845 ext. 223
    TrackPower, Inc.
    Edward M. Tracy
    (905) 833-9845 ext. 226