Soccer Development of America and Latin American Futbol Corporation Announce the Revamping of GoloLotto.com; GoloLotto.com to Carry All Major Sporting Events

Business Wire, Sept 24, 2003

Sports Editors/Business Editors

SAN DIEGO--(BUSINESS WIRE)--Sept. 24, 2003

San Diego Soccer Development Corp. (Pink Sheets:SDSD) dba Soccer Development of America (SDA), in conjunction with Latin American Futbol Corporation (LAFC), have redesigned and updated the online gaming website, GoloLotto.com. The site is available in both English and Spanish. The GoloLotto.com site, which is geared towards soccer fans in Latin America, now covers wagers from all the top soccer leagues throughout Latin America. GoloLotto.com is currently in negotiations with top professional soccer clubs, soccer federations and media interests in Latin America, to assist in marketing the site which will offer many benefits to its gaming players and partners.

GoloLotto.com is a unique entity that places its dollars back into the communities and supporting the game of soccer. Golo Lotto is not just a profit-making organization but will also be simultaneously investing a percentage of profits back into the infrastructure of the game. Golo Lotto supports a series of projects, from stadium development projects in Latin American to grass root support. GoloLotto.com was the first gaming lotto to become an official sponsor of professional soccer teams in Latin America. Golo Lotto has partnered with Internet gaming pioneer Costa Rica International Sportsbook (CRIS) to co-develop and operate the Golo Lotto gaming site. CRIS is one of the world's largest sports-based gaming services.

"We are continuing to work with Latin America Futbol Corporation to market and maximize the potential for GoloLotto.com to be become the most popular gaming sites in the region. Other publicly traded companies, which focus on gaming, have been showing solid revenues in the multi-millions of dollars while increasing share price. We believe with our partner LAFC and its Chairman, Manny Bains, and the rest of the team, we can achieve solid results by finalizing key relationships with soccer groups to market the site," says Yan Skwara, President & CEO of SDA.

SDA is in the process of acquiring a 100% interest in Golo Lotto from LAFC, but will continue to work with both LAFC and CRIS in the operation of the website and management of GoloLotto.com. The acquisition is expected to be completed during the fourth quarter of 2003.

About Golo Lotto:

Golo Lotto was launched by Latin America Futbol Corporation, a soccer-marketing firm based in Miami, Florida. The soccer-themed lotto is targeted at soccer fans around the world and aims to becoming the biggest soccer lotto in the region. Golo Lotto offers fans the chance to bet on the top leagues and tournaments worldwide on all major sports. Golo Lotto, as a subsidiary of LAFC, is using it's associations with clubs, players federations and media partners to offer top memorabilia and prizes for fans and players to win. For more information visit the website at http://www.gololotto.com.

About the Latin American Futbol Corporation:

LAFC, was set up in 1998 by Sunvalley Capital Investments, and was incorporated as Latin America Futbol Corporation in 2000 under the laws of the State of Florida. LAFC is a Miami based marketing company whose activities are diverse, with interests in several different areas such as media and sponsorship, stadium design, sports wagering, and wealth management of Latin American players. LAFC is company who has and partners with some of the World's best organizations to help maximize the success and profitability for all parties involved. For more information on the Company, please visit LAFC's website at http://www.lafcorp.com.

About Soccer Development of America:

Founded in 1997, San Diego Soccer Development Corp., dba Soccer Development of America (SDA), is a soccer corporation focused on targeted business opportunities all within the soccer industry. For more information on the Company, please visit SDA's website at http://www.soccerdev.com.

Certain statements in this news release may contain "forward looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.