Redmond Capital Corporation has entered into an agreement with Galaxy Motorsports to co-sponsor the #75 Galaxy Motorsports Ford with Turner Broadcasting for the 2000 NASCAR Winston Cup series. Turner Broadcasting, via Cartoon Network, has been a primary Winston Cup sponsor for the past four seasons(#’s 29 and 9). During the 1999 season, Turner Broadcasting introduced other assets to the race team, including TBS Superstation and its popular franchise Dinner & A Movie, the Atlanta Braves and WCW. Of the 34 races in the Winston Cup series, Redmond Capital’s subsidiary, Redcell Batteries, will appear as cosponsor with Cartoon Network at the Daytona 500 on February 20, 2000 and at Darlington on September 5, 2000. Redcell will appear as the primary sponsor at six major races and will be an associate sponsor for a further 19 races. Redmond Capital expects this association to provide a multitude of opportunities to generate brand recognition for Redcell Batteries as well as corporate recognition for Redmond Capital as it forges a presence in the NASCAR Winston Cup community. Redmond Capital finances and develops companies in the family entertainment multimedia sector. Subsidiaries of the company include Sirius Animation, Shoozoo.com, Cybergarden.com and Redcell Batteries( PRN Newswire/Yahoo /PR)
