|By Business Wire||
|February 21, 2014 04:05 PM EST||
BaoShinn Corporation (“BaoShinn” or the “Company”, OTCQB: BHNN), is pleased to announce that its wholly owned subsidiary Syndicore Asia Limited (“SAL”), through its partnership with SendtoNews Video Incorporated (“STN”) will have exclusive Asia Pacific access to the highlights for the upcoming start of the LPGA Asia and first NASCAR season events.
This year’s LPGA tour schedule is currently on its third tournament, the first Asian stop is in Thailand, with the Honda LPGA Thailand finishing up this weekend (February 23).. This year’s tour will see 32 events, with a combined $56 million dollar purse, adding four more events than last year. The season began at the end of January with the Pure Silk Bahamas LPGA Classic and will end the year with six straight weeks in Asia – two in China, one each in Taiwan, Japan, Malaysia and South Korea – before returning to North America for the Lorena Ochoa Invitational in Mexico and the season-ending CME Titleholders in Naples, Florida.
The LPGA has a growing following in Asia Pacific countries as many Asian superstars continue their excellent play, bringing even more attention to the tour. Asians currently account for five out of the top ten on the LPGA rankings, and recently the first LPGA event ever held in Beijing was won by local Feng Shanshan (October 6, 2013).
The NASCAR Sprint Cup Series will have its first event of the season this coming Sunday with the Daytona 500. The Daytona 500 is regarded as the most important and prestigious race on the NASCAR calendar, carrying by far the largest purse. It is also the series' first race of the year; this phenomenon is virtually unique in sports, which tend to have championships or other major events at the end of the season rather than the start. NASCAR will have a 36-race, nine-month schedule that concludes in the fall when NASCAR will crown its Sprint Cup 2014 champion at Homestead-Miami Speedway on Nov. 16.
Sean Webster, CEO of BaoShinn said, “We are very excited to being able to distribute STN’s produced LPGA tournament highlights to the vast viewership in Asia. With the hugely and still increasing popularity of golf in Asia, and with everyone wanting to catch a glimpse of their country’s own professional golfer, we hope to gather an immediate audience for our syndicated sports video content. ” He adds “We also believe that with the start of the NASCAR season, the Daytona 500 will be a good launch for us to provide highlights to the growing auto enthusiast markets of Asia.”
About BaoShinn Corporation:
Syndicore Asia Limited, a wholly-owned subsidiary of Baoshinn Corporation (Symbol: BHNN), is a cloud-based, multimedia conduit serving a growing, global community of content creators, news outlets and leading brands. Syndicore Asia Limited will be a provider of syndicated sports video media to news organizations in the Asia Pacific region. In addition, Syndicore Asia Limited plans to aggregate content from the Asia Pacific region and provide it to news organizations around the world.
All statements other than statements of historical fact that are included in this press release and that mention activities, events or developments that we believe may occur in the future are forward-looking statements. The use of words such as "anticipate," "continue," "estimate," "expect," "may," "project," "should," "believe" and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this press release include those regarding whether; their is increasing popularity of golf in Asia, and whether SAL can gather an immediate audience for their syndicated sports video content; and whether the Daytona 500 will be a good launch for SAL to provide highlights to the growing auto enthusiast markets of Asia.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Risks that might cause actual results to differ from these projections include, but are not limited to, those discussed in Baoshinn’s most recent Annual Report on Form 10-K, 10-Q and other documents filed by the Company from time to time with the U.S. Securities and Exchange Commission.
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