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Sungold International Holdings Corp.: Sungold(R) Issues Corporate Update

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^{Published in Science and Technology on Friday, March 20th 2009 at 15:29 GMT, Last Modified on 2009-11-03 18:53:15 by Market Wire}  

TORONTO, ONTARIO--(Marketwire - March 20, 2009) - SUNGOLD INTERNATIONAL HOLDINGS CORP. ("Sungold") (OTCBB:SGIHF)(FRANKFURT:WKN 608164, Berlin) -

The Sungold International Holdings Corp. trading symbol was changed today from SGIHF to SGIHE. This change does not affect normal trading which will continue as usual, using the revised symbol (SGIHE) until the Annual Form 20-F is filed. The company encountered the same experience last year. Preparation of the annual filing is already in progress, and once filed, the company's symbol will revert to the customary SGIHF.

About Sungold International Holdings Corp.:

Sungold^® is in the business of developing entertainment and e-commerce business in Canada, USA and internationally. Sungold^® has three 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. Sungold^® is a fully reporting public corporation, now trading as SGIHE-OTCBB.

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.