Central Hockey League Adds Evansville for 2010-11 Season

(Tempe, Arizona) – Central Hockey League (CHL) Commissioner Duane Lewis has officially announced that the Evansville IceMen (Evansville, Indiana) will participate in the league beginning in the fall of 2010.   

The IceMen will hit the ice in the CHL for the 2010-11 season becoming the 18th team in the league and will play their home games for the upcoming season in the Swonder Ice Arena in Evansville.  IceMen owner Ron Geary has finalized the transaction to purchase and transfer the Muskegon Lumberjack team to the Indiana city joining IHL teams Bloomington, Dayton, Fort Wayne and Quad City in the CHL after the two leagues affiliated on June 1, 2010.

“The chance to bring a storied team like Muskegon with its 50-year pro hockey history to Evansville was an opportunity that we could not pass up,” said Mr. Geary.

“We are very excited to welcome the IceMen into the IHL/CHL collaboration,” said Lewis.  “Evansville is a great sports town with passionate fans and I know they will be a great fit for our league.  We are thrilled to have Mr. Geary as a new owner and governor in our league as we know he will provide great insight and strengthen our already strong base of leadership.”

The CHL and IHL announced earlier in June that they would affiliate for the upcoming season and play under the CHL moniker.

Certain statements in this release may be “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of capital expenditures; projections of growth; hiring plans; plans for future operations; financing needs or plans; plans relating to the company’s products and services; and assumptions relating to the foregoing. 

Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. 

Some of the important factors that could cause the Global Entertainment Corporation’s actual results to differ materially from those projected in forward-looking statements made by the company include, but are not limited to, the following: intense competition within the sports and entertainment industries, past and future acquisitions, expanding operations into new markets, risk of business interruption, management of rapid growth, need for additional financing, changing consumer demands, dependence on key personnel, sales and income tax uncertainty and increasing marketing, management, occupancy and other administrative costs. 

These factors are discussed in greater detail in Global Entertainment Corporation’s Annual Report on Form 10-K for the year ended May 31, 2009 and Quarterly Report on Form 10-QSB for the quarter ended February 29, 2010, as filed with the Securities and Exchange Commission.


Updated 06-23-2010

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