Company Headquarters Heading to Paradise, H3Players.com's WorldSeries Reset for Sunday, December 3, 2006 LAS VEGAS, Aug. 21 /PRNewswire-FirstCall/ -- H3Enterprises, Inc. (OTC Pink Sheets: HTRE) today announced that it will be moving its company headquarters from New York City to Las Vegas. The company has just signed an agreement to begin operating out of the incomparable Turnberry Place on Paradise Road, in a brand new two-story penthouse overlooking the famed Las Vegas Strip. The luxuriously loaded facility features a mega-wide plasma screen CyberSportsTheater and has already been dubbed the "H3PlayersRetreat." HTRE has also announced today that H3Players.com's inaugural WorldSeries of CyberSports has been rescheduled from October 22 to December 3, 2006. Every member of HTRE's new competitive CyberSports League, H3Players.com, will be eligible to compete on consoles for jackpots and cash prizes in four different CyberCategories: basketball, football, boxing, and a special novice tournament for players of all ages and skill levels. H3Players.com has guaranteed a $500,000 payday for the finalists, boasting the largest prize money ever offered for a CyberSports Tournament anywhere in the world. Several athletes, announcers and celebrities that are all proud gamers and H3Players will be utilized to provide expert commentary during the competition. The event will still take place at the "Hardwood Suite(TM)" inside the Palms Resort Casino as previously reported. "The change of date was necessary for HTRE to take full advantage of our synergies with celebrity events converging on Las Vegas at that time, including My Red Carpet, a concert tailored for 9,000 kids, and the Billboard Music Awards, taking place the following night at the MGM Grand," according to Adrian "Hollywood" Walton, H3's Chief Communications Officer. "We also expect to be signing a number of deals this week in Vegas regarding H3Players and the WorldSeries of CyberSports as well as a new HipHopSodaShop location." About H3Enterprises, Inc. H3Enterprises (OTC: "HTRE") is the first publicly traded company dedicated to the Hip Hop culture and lifestyle. H3 is committed to the positive growth of the entire community through business and educational opportunities. In just over a year, H3Enterprises has created a business focused on feeding the worldwide demand for everything Hip Hop and maximizing returns for its shareholders. H3Enterprises is the owner, creator, licensor, and franchiser of HipHopSodaShops, HipHopHeaven, H3Raps, H3WhiteTeaBeverages, H3Players.com, H3Merchandising, and H3's WorldSeries of CyberSports. Company websites include http://www.h3players.com/ , http://www.h3inc.com/ , and http://www.hiphopsodashop.com/ . Safe Harbor: Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements, such as statements relating to plans for future expansion and other business development activities. Such forward-looking information is subject to changes and variations that are not reasonably predictable and that could significantly affect future results and other factors discussed in filings made by the Company with the Securities and Exchange Commission. Contact: Liane Mori Fat Cats Entertainment 818-209-1723 DATASOURCE: H3Enterprises, Inc. CONTACT: Liane Mori, Fat Cats Entertainment, +1-818-209-1723, or , for H3Enterprises, Inc. Web site: http://www.h3players.com/ http://www.h3inc.com/ http://www.hiphopsodashop.com/

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