About Team Timken Motorsports
For innovative, high-performance racing components and industry-leading
technical support
, the world of motorsports turns to Timken.
About The Timken Company
The Timken Company
(NYSE: http://www.tschiegg@timken.
Initially, Youbet will broadcast signals and program information
in Chinese from the Meadowlands Race Track and Monmouth Park Racetrack
in New Jersey; from Sam
Houston Race Park in Texas; and from Delta
Downs and Evangeline Downs Race Tracks in Louisiana.
Statements
containing expressions such as "may," "will," "project,"
"might," "expect," "believe," "anticipate
," "intend," "could,"
"would," "estimate," potential," "continue" or "pursue" or the
negative or
other variations thereof or comparable terminology used in
Youbet's press releases and in its reports
filed with the Securities
and Exchange Commission are intended to identify forward-looking
statements
.
Racing chariots and chuckwagons is a sport that reaches back to Roman times and the Wild West.
although chariot
D. Youbet
. These forward-looking statements, which are included in
accordance with the Safe Harbor provisions
of the Private Securities
Litigation Reform Act of 1995, may involve known and unknown risks,
uncertainties
and other factors that may cause Youbet's actual results
and performance in future periods to be
materially different from any
future results or performance suggested by the forward-looking
statements
in this press release.chariots comprised
The Huntersville,
N. The company also is a proud sponsor of Rahal Letterman
Racing in the Indy Racing League, Team Epsilon Euskadi of the Renault World
Series in Europe and
is an official partner of the Formula BMW Asia Series. The Spanish and
Chinese versions of Youbet
.
"The China website will be accessible only from the Mainland.
Visitors will be asked to register
for free trial memberships which
entitle them to access races and related race information from tracks
in the U. horse racing products,"
Champion concluded.com is the largest Internet provider of thoroughbred
,
quarter horse and harness horse racing content in the United States.
Youbet.straight insight
SALT LAKE CITY
, Get ready to make tracks to the
Laurel Brown Equestrian Park in South Jordan to witness the fastest
sport on
earth.
Youbet.
The new site, which will mirror aspects of the Company's highly
successful U.
Youbet.
outriders chuckwagon
4 km), in sprints that last approximately 20 seconds., Post Time:
12:00 noon
April 30th, 2005
May 7th, 2005
May 21st, 2005
June 6th, 2005
June 18th, 2005
The UQHA is currently offering race sponsorships to companies looking
to
assist the racing community and reap the benefits of race day exposure. For ticket information
please call
801-518-1562 or email Amy Hall at http://www. It
will feature live feeds from U. Youbet
does not undertake, and
specifically disclaims any obligation, to publicly release the result
of
any revisions that may be made to any forward-looking statements to
reflect the occurrence of anticipated
or unanticipated events or
circumstances after the date of such statements.wildly straight
"We truly value our
Timken partnership as it continues to deliver results,
from our shop and testing facility straight
through to on-track performance."
"Our shared commitment to innovating solutions, leveraging
teamwork and
executing is what makes our partnership with Joe Gibbs Racing so successful."
About Joe Gibbs Racing
Joe Gibbs Racing, one of the most successful organizations in NASCAR
with
three Nextel Cup championships to their credit since 2000, fields teams in the
Nextel Cup
, Busch Grand National and Craftsman Truck Series. Our superior
engineering and innovative products
make Timken(R) bearings and steel a
trusted choice of the most popular touring series, racing professionals
and
enthusiasts at all levels.
"We are pleased to offer a number of new programs and activities
for horse
race fans this year," said Billy Peterson, UQHA Director.S.
"A Chinese language entertainment
site focused on horse racing is
a logical, cost-efficient marketing vehicle for introducing our brand
and the sport to government officials, gaming industry leaders, track
owners and consumers," Champion
said.chuckwagons exciting
"Our involvement in the
sport translates into the creation of real value for our automotive
,
industrial and steel customers, as we leverage track-tested technology to
solve critical friction
-management and power-transmission problems.-based organization is owned by legendary NFL Hall of Fame
coach Joe
Gibbs.com; or Investor Contact: Steve Tschiegg, Manager -
Investor Relations, Telephone:
(330) 471-7446, or Facsimile: (330) 471-2797,
or steve. Especially popular in the southwestern United
States,
Quarter Horse racing takes place at tracks, county fairs, and rodeos.uqhra. horse racing
. Readers are cautioned not to place undue
reliance on forward-looking statements, which speak only
as of the
date of this press release.winners although
Timken Becomes Official Technical Partner of Joe Gibbs Racing
Sponsorship contact: Amy Hall, 801-518-1562.----
Architecture also provides base
for Q2 introduction of fully
functional Spanish and Chinese language sites in the U.S.
Members
have the ability to watch and, in most states, the ability to
wager on vast majority of all major
domestic horse racing content via
Youbet.com members enjoy
features that include commingled track
pools, live audio/video,
up-to-the-minute track information, real-time wagering information,
phone
wagering and value-added handicapping products.participant comprised
com/cgi-bin/prnh/19991012/TKRLOGO)
For the last
two years, Timken has worked collaboratively with the JGR
engineering team to develop and test technologies
that improve the car's
powertrain performance, delivering longer life, improved fuel economy and
higher horsepower availability. The Utah Quarter Horse Association (UQHA) prepares to kick off its
2005 racing season with five race days in Utah, running April 30th - June
18th. The UQHA's goal
is to promote and stimulate the racing
events, shows, youth activities, trail rides, sales and ownership
of Quarter
Horses.
Such factors include, without limitation, the following: the timely
development
and market acceptance of new products and technologies;
our ability to secure financing on terms
acceptable to us; our ability
to control operating expenses; increased competition in the advance
deposit wagering business; a decline in the public acceptance of
wagering; wagering ceasing to
be approved in jurisdictions where
Youbet currently operates; the limitation, conditioning or suspension
of any of Youbet's licenses; increases in or new taxes imposed on
wagering revenues; loss or retirement
of key executives; and a decline
in the general economy.although racetrack
, operations and Timken(R) RacePac(TM), an
integrated
hub and bearing assembly specially designed for NASCAR teams, demonstrate an
ongoing
commitment to safety, reliability and high performance for the
motorsports industry. Features include
kids stick horse races, kids foot races, and free race track orientation
tours. Youbet.reaches wildly
Participants
will learn how to care for horses,
witness race preparations, and discuss riding tips with the jockeys
. "It will allow us
to better serve the fans, educate people on Quarter Horses, and of course show
people how exciting horse racing can be.
Children four and under get in free when accompanied
by an adult. The Utah Quarter Horse Association encourages sportsmanship and
family values in all
activities.
There is a new $50 million track operating in Beijing and another $180
million has
been committed for a racing complex in populous Hubei
Province (pop. "We will carefully monitor
regulatory
events in China to determine if future expansion of the
site is warranted. that agree to let Youbet
carry their signal in China.spectator chuckwagons
Those common values are a critical component to the winning formula
that
produces championship-caliber performance at the track," said Alastair R.
The UQHA Horse
Races will be held at the Laurel Brown Equestrian Park in
South Jordan, located at 10800 South 2200
West.teamwork participant
Gibbs, president of JGR.
Another race season feature is Youth Day, a program held on June
18th that
encourages awareness and participation in Quarter Horse racing activities for
high-school
aged kids."
The popularity of horse racing has increased significantly over the past
several
years.
There will be no wagering at the site.although chuckwagons
CANTON, Ohio, The Timken Company
(NYSE: TKR
) today announced that it has entered into an agreement with Joe
Gibbs Racing (JGR) to become an official
technical partner of the NASCAR
racing organization.
Deane, Timken senior vice president - technology
.com) keeps the world
turning, with innovative ways to make customers' products run smoother, faster
and more efficiently.Utah Quarter Horse Association Kicks Off Horse Race Season With Fun for the
Family
S. "Clearly, if gaming laws are liberalized, it will create
a large potential market for
horse racing and Youbet.
"This is the best way for us to illustrate the power of our
platform
as a delivery channel for entertainment experiences and for
the Chinese to gain an appreciation of
U.chuckwagon spectator
"Timken's long history in the sport and innovative expertise in the
management of friction
provides our race operations with high-performing,
competitive cars each and every weekend," said
J.timken.
2005 UQHA Race Schedule -- Utah:
Gates open -- 10:30 a.
S.
Although Youbet believes the
expectations reflected in such forward-looking statements are based
upon reasonable assumptions, it can give no assurance that actual
results will not differ materially
from these expectations.racetrack spectator
, programs that Youbet is pursuing to respond to changing
demographics in
many of the country's racing centers.3 million) in east central China.racetrack richfield
com (Nasdaq:UBET) said today that
it plans to launch a
horse racing entertainment website in March of this year exclusively
for
access by customers in Mainland China.S.S.
Construction of the new URL also will produce the architecture
needed to launch fully functional Spanish and Chinese language sites
in the U.com will go live
before the end of the
second quarter of 2005. Champion,
Youbet's CEO.
require chariots
The Timken Company
has technical affiliations with the National
Association of Stock Car Racing (NASCAR) and one of
its preeminent race teams,
Joe Gibbs Racing. web platform in Simplified Chinese, is intended to
extend
Youbet's brand awareness by exposing the world's most rapidly
growing Internet population to the
excitement of U.com is an official online wagering platform of Churchill
Downs Incorporated and the
Kentucky Derby.participant require
As the
name implies, Quarter Horses compete at distances of generally 440 yards
(0. General Admission is $4.outriders reaches
The partnership, which provides product development and
technical
engineering support, will be leveraged across JGR's multiple team
operations in the NASCAR Nextel
Cup Series, Busch Grand National Series and
Craftsman Truck Series.newscom.com
com.
Business Editors/Sports Editors/Entertainment Editors
WOODLAND HILLS, Calif.com TotalAccess
(TM), an Oregon-based hub for the acceptance and
placement of wagers.com
Forward-Looking Statements
This press release contains certain forward-looking statements. From time
to time, these risks
, uncertainties and other factors are discussed in
the Company's filings with the Securities and Exchange
Commission. Both are exhilerating sports that are wildly exciting to both participant and spectator
.
comprised racetrack
Products like specialty steels from the
company's Latrobe, Pa. Timken's highly engineered bearings
, alloy steels and
related products and services turn up everywhere.
The UQHA is introducing
a number of new family-focused activities to
entertain and educate attendees on Quarter Horse racing
.m.
"We're launching the China site to be in a position to capitalize
on opportunities that could
arise if the Mainland Chinese government
acts to legalize aspects of online gaming," said Charles
F. More information on Youbet can be found at
www.Youbet.exciting exhilerating
dafler@timken.
About the Utah
Quarter Horse Association (UQHA)
The purpose of the UQHA is to develop positive participation
in Quarter
Horse activities in Utah with cooperation from the American Quarter Horse
Association
(AQHA)."
Champion noted that there is evidence of substantial investment in
horse race track development
and equestrian centers on the Mainland. 60.com's exclusive closed-loop network.chuckwagons pairs
Championships are won
with Timken products.
Media Contact: Jeff Dafler, Manager - Global Media + Government Relations
,
Telephone: (330) 471-3514, or Facsimile: (330) 471-7032, or
jeff. In addition, the UQHA will
hold dog races on two separate race days. tracks selected primarily because
their races run at times
that align with daylight time zones in China.although comprised
(Logo: http://www.C.2 billion in 2005 and 27,000
employees, Timken is Where
You Turn(TM) for better performance. It is now one of the most widely
attended spectator sports in
the United States.Youbet To Launch Horse Racing Entertainment Website
in China; Internet Platform Aimed at Familiarizing Mainland Constituents with U.S. Sport
S.com operates
Youbet.richfield straight
With operations in 27
countries, sales of $5. Both are timed events, although the courses
are different -- chariots are generally straight line sprints on a flat racetrack mostly with pairs
of Quarter Horses, while chuckwagon races are comprised of teams (four ups) that negotiate courses and
require human teamwork with driver and one or two outriders.
chariot negotiate
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