HeadsUp Entertainment Inc. Completes Takeover of The Canadian Poker Tour and Canadian Poker Player Magazine

CALGARY, ALBERTA — (MARKET WIRE) — 06/11/08 — HeadsUp Entertainment Inc. a wholly owned subsidiary of HeadsUp Entertainment International Inc. (the “Company”) (PINK SHEETS: HDUP) is pleased to announce that it has completed the acquisition of certain assets of Fifth street Publishers Ltd. including ownership and control of the Canadian Poker Tour (CPT) and Canadian Poker Player Magazine.

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Poker argot:

• CUT - To break the deck into 2 stacks of at least 5 cards each. Usually performed by the player to the dealer's right to insure that the the deck is not stacked.
• POCKET ROCKETS - In Hold'em, a pair of aces for hole cards.
• TABLE STAKES - A standard rule whereby during a hand players can only bet the money they have on the table. If the bet to a player is more than the player's stack, that player may call with all his chips and be eligible to win only that portion of the pot he contributed to equally. A side pot is created, for which only the remaining players may compete.
• BLANK - Used in describing stud and Hold'em games. Refers to a dealt card that does not offer any value; stating the actual rank and suit would detract from a description of the hand. "The last card was a blank.".
• ACTION - Money that is being bet. "NO ACTION" means a hand or game has few bettors and fewer raisers. "Gimme some action" is ostensibly a plea for calls and raises.
• HOUSE RULE - Rules and interpretations (e.g., use of wild cards, or rules on having to show beaten hands) that are specific to an establishment or even tables within the establishment.