PHOENIX, AZ—(HISPANIC PR WIRE)–Aug 13, 2003–Quepasa (OTC: QPSA) announced today that it has signed with Multi-platinum recording artist Sammy Hagar’s Cabo Wabo Enterprises in a joint promotional effort between Quepasa Corporation’s quepasa.com and cabowabo.com, the website for Sammy Hagar’s Cabo Wabo Cantina in Cabo San Lucas, Mexico, and Cabo Wabo brand Tequila.
“This is a unique opportunity for us” stated Jeffrey Peterson, Founder and CEO, Quepasa Corporation. “Not only is Sammy Hagar regarded an international celebrity, he has established himself as a very astute businessman. Both Sammy’s Cabo Wabo Cantina and Tequila brands have become textbook examples of successful entrepreneurship in recent years. We salute Sammy for his many contributions to the community of Cabo San Lucas, B.C.S., and welcome Cabo Wabo to the Quepasa network of online partners.”
Barry Augus, President of Cabo Wabo Enterprises, said: “As Cabo Wabo continues to grow, we are excited to partner with the leader on the Latin Web to extend our outreach among Hispanics. Quepasa was the perfect fit for us, and we look forward to a great relationship.”
Sammy Hagar added: “We’re excited about teaming up with Quepasa, the #1 Hispanic Internet portal in the U.S. For years I’ve introduced the rich culture of Mexico to my fans and now Quepasa will help us to reach even more of them.”
Cabo Wabo Tequila is the number two premium brand of tequila in the United States. The Cabo Wabo Cantina and Restaurant is the number one nightclub in Cabo San Lucas, Mexico.
Quepasa Corporation’s quepasa.com is a leading bilingual (Spanish/English) Internet portal and online community focused on the United States Hispanic market. Quepasa provides users with information and content centered around the Spanish language. Because the language preference of many U.S. Hispanics is English, we also offer our users the ability to access information in the English language.
Quepasa Corporation, the Quepasa Corporation logo, Quepasa.com, Quepasa, and the Quepasa.com logo are registered trademarks of Quepasa Corporation and/or its affiliates in the United States and certain other countries.
Safe Harbor Statement. This press release contains statements that may constitute forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These projections or statements are only predictions. Actual events or results may differ materially from those in the projections or other forward-looking statements set forth herein.
Among the important factors or risks that could cause actual events to differ materially from projections or forward-looking statements are: potential fluctuations in quarterly results; risks associated with the Internet infrastructure and regulation; risks associated with International regulations and/or International law, specifically volatility of stock price; rapid technological and market change; potential fluctuations in quarterly results; acquisition strategy; volatility of stock price; and future growth subject to risks.
Readers are referred to the documents filed by Quepasa with the SEC, specifically the most recent reports on Form 10-K, 10-Q and 8-K, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.
Jim Dixon, 1-602-716-0100, ext. 229.