Idea Sports Entertainment Group (ISPO)

[icu812]

ISPO Press Releases Part 1

Team Sports Entertainment signs Letter of Intent to acquire Idea Management Group

9/1/2004 8:30:00 AM

DALLAS, TX September 1, 2004 /Businesswire/ -- Team Sports Entertainment, Inc. (TSPT), announced today that it has reached an agreement and entered into a non-binding Letter of Intent to acquire Idea Management Group, Inc. Based on the completion of required security-related filings and agreed-upon due diligence, it is anticipated that the acquisition will be completed by September 15, 2004.

Team Sports Entertainment completes acquisition of Idea Management Group

9/13/2004 8:30:00 AM

DALLAS, TX September 13, 2004 /Businesswire/ -- Team Sports Entertainment, Inc. (TSPT.OB), a fully-reporting company, announced today that it has completed the acquisition of Idea Management Group, Inc. ("Idea"). Pursuant to the terms of the stock purchase agreement, Team Sports issued warrants to the Idea shareholders entitling them to purchase a total of 15,000,000 shares at purchase price of $.10 per share, with additional warrant purchases subject to revenue performance.

Team Sports Entertainment/Idea Management Group Obtains Funding Commitment

10/13/2004 11:00:00 AM

DALLAS, TX October 13, 2004 /Business Wire/ -- In connection with its recent acquisition of Idea Management Group, Inc. ("Idea"), Team Sports Entertainment, Inc. (TSPT.OB), a fully-reporting company, announced today that it has secured funding to cover the internal business operations of Idea for its initial commitment, which Idea's management believes will fund 12 months of operations. Idea has already received $100,000.00 of the initial $360,000.00 non-guaranteed commitment.

Team Sports Entertainment Appoints New Chairman & Chief Executive Officer

Idea Management Head Also Joins TSPT Board of Directors

10/20/2004 11:00:00 AM

DALLAS, TX October 20, 2004 /Business Wire/ -- Team Sports Entertainment, Inc. (TSPT.OB), a fully reporting company announced today that its Board of Directors has named William C. "Billy" Morris to the position of Chairman & Chief Executive Officer effective immediately. Mr. Morris will also join the Team Sports Board of Directors.

The newly appointed Chairman/CEO, William C. Morris commented, "I appreciate the vote of confidence from the Board of Directors. I look forward to guiding Team Sports Entertainment, and it's newly created sports and entertainment-based opportunities. With the newly created sports properties and entertainment based content projects, I feel that we will be a major player in these industries. Also, with the staff of professionals that we are anticipating to add to our company, I feel we will achieve much success and develop a company that will be profitable and one that will be highly recognized in the sports and entertainment field."

Team Sports Entertainment Relocates Corporate Offices to South Carolina

Company to establish East and West Coast Operational Offices

10/27/2004 2:00 PM

LAKE CITY, SC October 27, 2004 /Business Wire/ -- Team Sports Entertainment, Inc. (TSPT.OB), announced today that as a result of its recent acquisition of Idea Management Group, Inc., and the appointment of William C. Morris as Chairman and CEO, it has relocated it corporate base of operations to Lake City, South Carolina.

The new contact information is: Team Sports Entertainment, Inc., Godley Morris Commerce Center, 800 West Main Street, Godley Morris Building, Suite 100, Lake City, SC, 29560 Phone: [phone] Fax: [phone]. Idea Management Group, the management arm of Team Sports, is also located at the same corporate address.

Team Sports Entertainment Inc. Changes Name To Idea Sports Entertainment Group, Inc.; NASDAQ Ticker Symbol to "ISPO"

11/08/2004 2:30 P.M.

LAKE CITY, SC November 5, 2004 /Business Wire/ -- Team Sports Entertainment, Inc. (TSPT.BB), a fully reporting company, announced today that it has filed the proper documents to legally change its name to Idea Sports Entertainment Group, Inc., a name that it will begin doing business under immediately.

Along with this change, the company's NASDAQ stock ticker symbol will be changed from OTCBB:TSPT to OTCBB:ISPO.