PRO SPORTS & ENTERTAINMENT, INC. AND GO-PED® BRAND SCOOTERS ENTER INTO A SPONSORSHIP AGREEMENT OF "CORE TOUR" ACTIONS SPORTS SERIES

May 3, 2004 Los Angeles, CA - Pro Sports & Entertainment, Inc., an owner, operator and marketer of live sporting and entertainment events and the parent company of The Core Tour, and "Go-Ped®" brand scooters have entered into a one-year sponsorship agreement as the "official motorized scooter" of The Core Tour, a nationwide action sports and music festival tour.

The Core Tour series is comprised of pro and amateur competitions in bicycle dirt jumping, skateboarding, in-line skating, mountain boarding and live concerts that are conducted at Venice Beach, California (June 11-13), South Street Seaport, New York (July 17-18) and Huntington Beach, California (September 10-12). Each venue hosts more than 100,000 guests during its respective weekend. In its 4th year, The Core Tour is televised on the FOX Sports Network's award winning Core Culture actions sports television show.

As the official motorized scooter of The Core Tour, Go-Ped® will be the title sponsor for two Core Tour competitions-the "Scootercross by Go-Ped®" and the "Go-Ped® Big Air Challenge". The Scootercross by Go-Ped® will feature professional competitors performing aerial tricks such as backflips, 360s, and "Supermans" on motorized scooters manufactured by Go-Ped®. These tricks are judged based on style, difficulty and overall impression. The Go-Ped® Big Air Challenge is a single-elimination competition where athletes attempt to clear escalating heights. Both competitions are invitational and will showcase the world's best motorized scooter riders.

"Pro Sports & Entertainment, Inc. welcomes Go-Ped® as the official motorized scooter of The Core Tour," stated President and CEO Paul Feller. "The Core Tour demographic is a perfect fit for the Go-Ped® brand and it is a great platform for Go-Ped® to attract brand awareness by promoting its famous motorized scooters".

"We are confident that our professional riders will add to the Core Tour on Go-Peds® with their unique combination of skateboarding and BMX with the addition of a motor!" - Tim Patmont, EVP, Patmont Motor Werks, the maker of the Go-Ped®

About Pro Sports & Entertainment, Inc.
Pro Sports & Entertainment, Inc. (PSEI), headquartered in Los Angeles, CA, is an owner, operator and marketer of live sporting and entertainment events including, Running Sports, College Sports, Motor Sports, Lifestyle Sports, Action Sports, Concerts, Expos, Athlete Management, and Consultancy. PSEI generates revenue through corporate sponsorship, television, and radio broadcast fees, admissions, hospitality, merchandising, concessions, talent representation and consultancy.

Additional information about PSEI is available at www.prosportsinc.com or contacting Sarah Nisperos at 310-996-7788, facsimile at 310-996-7789 or email: sarah@prosportsinc.com.