April 13, 2000
Historical Boxing Event Scheduled for April 22, 2000
[SIMI VALLEY, CA] Alex Ramos, Founder and President of the Retired Boxers Foundation, announced that the Retired Boxers Foundation will be the guests of American Champion Entertainment for an historical boxing event in Guangzhou, China, in the Peoples Republic of China, on April 22, 2000. Ramos was the consultant to George Chung, Chairman of American Champion Entertainment, assisting him in developing the fight card and making introductions inside the sport of boxing. Chung said, “As our consultant, Alex Ramos and the Retired Boxers Foundation played a significant role in introducing me to the finer elements of promoting a boxing event, including introductions to some of the best people in the sport. His contacts were invaluable.” The fight card will represent the first American boxing event in China with five bouts on the card, including two championship fights in the light heavyweight and cruiserweight divisions. Another bout will feature Laila Ali, daughter of legendary World Champion Muhammad
Ali, in her first televised bout. The boxing matches are being promoted and jointly funded by American Champion Entertainment (ACE, Inc.) and Great Wall Sports Media International (Great Wall) and will be televised by Showtime at 10:00 p.m. (EST), on Saturday, April 22, 2000.
The event will highlight two IBC sanctioned World Championship bouts featuring Andrew Golota vs. Marcus Rhodes, in the Heavyweight Division. Montel Griffin, the only man to defeat Roy Jones, Jr., will take on Jose Luis Rivera, for the IBC World Light Heavyweight Title. The second World Championship bout features Ray “Lethal” Lathon battling Gary Wilcox for the IBC World Cruiserweight Title. A highly anticipated spotlight event, which has drawn worldwide press, will be the television debut of Laila Ali, fighting Kristina King of Michigan. King is a SWAT Team member and prison guard, and is undefeated in her pro boxing career.
The fight is officially being promoted by ACE, Inc., a publicly held, U.S. based company (traded on the NASDAQ stock exchange under the trading symbol ACEI), and Great Wall Sports Media International (Great Wall). ACE, Inc., currently owns two additional companies, American Champion Media which produces television programs, and American Champion Marketing Group, which licenses and markets products, people and large companies. ACE is currently in the process of acquiring 80% controlling interest of Great Wall, which produces and promotes sporting events in China.
The Retired Boxers Foundation is an IRS 501(c)3 nonprofit corporation dedicated to helping professional fighters in the transition from their career in boxing to a dignified retirement. Boxing is the only professional sport that does not provide adequate retirement plans or pensions for its athletes.
American Champion Entertainment also announced that an agreement was reached with three-time Heavyweight Champion Evander Holyfield to help publicize the April 22nd boxing event in China. An agreement was also reached with Holyfield’s highly respected attorney and boxing management advisor, Jim Thomas, to serve as consultants for the event. The entourage to China will also include Ray “Boom Boom” Mancini, an honorary board member of the Retired Boxers Foundation, representatives of the Association of Boxing Commissioners, Dr. Ferdie Pacheco, Bobby Czyz and Steve Albert as commentators for Showtime.