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("Angelo
Gordon") today announced that they have successfully completed the acquisition
of Crunch Fitness ("Crunch"), one of the premier health club chains in the
U. NAPP Tour events will feature the
top professional players in the world who will showcase their skills in their
quest to become the first Champion.

S.


The statements in the press release that relate to the company's
expectations with regard to the future development are forward-looking
statements, within the meaning of the Private Securities Litigation Reform Act
of 1995.

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Greene, and Park Slope Sports Clubs in Brooklyn ,
New York; Hauppauge Sports Club on Long Island; West End Sports Club and Union
Square Sports Club (opening in April 2006) in Manhattan; Rock Creek Sports
Club in Silver Spring, Md.
"We believe Crunch is uniquely positioned for growth in its core urban
markets as well as in new markets given its tremendous brand name recognition
and loyal membership base," said Brent Leffel, a Director in the private
equity group of Angelo Gordon.

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Crunch Fitness Acquired by Marc Tascher and Angelo Gordon + Co.

Tascher. The tournament
will feature a number of events culminating with a guaranteed $2,000,000 Prize
Pool No-Limit Hold-em Championship Event. NAPP Tour, Inc.

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In
addition to the 25 Crunch clubs, the new company will include seven additional
health clubs owned and operated by Tascher's previous company, Sports and
Fitness Ventures, LLC ("SFV").
"Crunch is one of the best-known and most respected brands in the fitness
industry and we are very excited to have an opportunity to build on the
reputation for quality that has been established since Crunch opened its first
fitness center in 1989," said Mr. located at a
racetrack, Hollywood Park-Casino combines the action and excitement of the
most popular live casino card games with the thrill of live + simulcast
thoroughbred wagering ! In addition, Hollywood Park-Casino is home to the
largest charity bingo hall this side of the Mississippi and a diverse range of
entertainment and special events.

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Under the terms of the
agreement, Tascher and Angelo Gordon have acquired all of the Crunch sites in
New York, Chicago, Los Angeles, Atlanta , Miami and San Francisco, as well as
two Gorilla Sports Clubs and two Pinnacle Fitness clubs in San Francisco, from
Bally Total Fitness (NYSE: BFT) for $45 million., has been named Chairman and CEO of Crunch Fitness.

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and a leading brand in the fitness industry. The private equity group currently manages
over $800 million in existing and committed capital. will televise its events under the brands North
American Poker Tour(TM) and International Poker Association(TM). Since this information
may contain statements that involve risk and uncertainties and are subject to
change at any time, the company 's actual results may differ materially from
expected results.

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The playing format developed by Matt Savage will allow the professionals to
showcase their abilities in a fun-filled competitive environment.
Hollywood Park Casino, located at world famous Hollywood Park Racetrack,
the beautiful art deco-styled casino opened on July 1, 1994 to
standing-room-only crowds.

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"We have earmarked a significant amount of
capital to upgrade existing clubs and expand our footprint. Moore of Sagent Advisors Inc. initiated the partnership between
Angelo Gordon and Marc Tascher on this transaction and acted as the exclusive
financial advisor to Angelo Gordon. The first casino in the U.

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"I have been extremely impressed
with the entire Crunch team who is the heart and soul of the company., with
15 in New York, six in San Francisco, five in Chicago, two in Atlanta, two in
D. Angelo Gordon was founded in 1988 and currently has over 50
investment professionals managing approximately $9 billion in capital across
multiple investment strategies.
(OTC: HGCP) subsidiary NAPP Tour, Inc .

This category is for sites about Tennis-related activities, events, clubs, groups, services, and facilities for gay, lesbian, and bisexual people.

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These clubs, which will also be converted into
the Crunch brand, include Ft."
As part of the commitment to growth, Crunch Fitness has an aggressive plan
for club conversions, which includes $15,000,000 million for new equipment,
capital improvements , and increased marketing."
Peter F.
The Hollywood Park Open will take place May 8th - 19th.
The events include $300 No Limit, $500 No Limit, $1000 No Limit, $2000 No
Limit, $5000 Chinese Poker, $5000 Mixed Event and $10,000 No Limit Hold-em.

NAPP Tour, Inc.
(OTC: HGCP ), is an event management and television production company that
promotes, manages, hosts and televises national professional poker
tournaments.

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S.; and Thomas Circle Sports Club in Washington, DC. The statements in this document may also contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934.

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, announces that Hollywood Park-Casino
will host the inaugural tournament of the NAPP Tour's 2006-2007 season .

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Tascher, co-founder and former Chairman and CEO of Town Sport
International, Inc.C. Crunch also has a number of
high-profile partnerships and joint marketing relationships including Club
Med , Nike, and Jet Blue that capitalize on its strong brand name and cache.

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The new company will be
called "Crunch Fitness" and all clubs will operate under the Crunch Fitness
brand, beginning first quarter 2006.
With its high-stakes competition, national reach, and the commitment of
over 50 of the world's best players, the NAPP Tour will launch in May 2006,
offering a concept tantamount to a royal flush.

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S., one in Los Angeles and one in Miami. Tascher partnered on this transaction with the private equity group of
Angelo Gordon.

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Mr. (OTC: HGCP) is a strategic venture capital
firm that acquires or invests in companies, which through growth or
acquisition, have the potential to become leaders in their respective markets.

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Mr. I am
enthusiastically looking forward to working with them to build upon Crunch's
core strengths of providing members with creative programming and a unique and
fun fitness experience. Distinguished as the first
professional, standardized poker tour, with a limited number of qualified
competitors in each of its main events building up toward a multi-million
dollar championship, the Tour is currently finalizing its agreements with
sponsors and a broadcast partner, fulfilling its intention to televise each
event., a wholly owned subsidiary of Hansen Gray + Company, Inc.

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"
There are now a total of 32 Crunch Fitness locations across the U. We are excited
about partnering with Marc and the entire Crunch team in unlocking the
substantial value in the company.

Hansen Gray and Company, Inc.

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Company Announces Aggressive Growth Plan Including $15 million in Club
Improvements

NEW YORK , Marc Tascher, a health club industry
veteran, and the private equity group of Angelo, Gordon + Co. In addition, there are plans to
expand Crunch's presence by adding several new locations in the coming year.

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LAS VEGAS, Hansen Gray + Company, Inc.

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Hansen Gray + Company Announces North American Poker Tour + International Poker Association to Kick Off 2006-2007 Season at Hollywood Park -Casino

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