eWorld Companies, Inc. Announces Appointment of Renowned Movie and TV Producer Doug McHenry to Board of Advisors

eWorld Companies, Inc. Announces Appointment of Renowned Movie and TV Producer Doug McHenry to Board of Advisors

LOS ANGELES, Nov. 29 /PRNewswire-FirstCall/ -- eWorld Companies, Inc. (Pink Sheets: EWDI) announced today that Doug McHenry has been appointed to the Board of Advisors of its wholly owned subsidiary eWorld Entertainment, Inc. Doug McHenry is an industry renowned Producer, Executive Producer, Director and Music Director. His production company has produced many prominent films, including "New Jack City", "Jason's Lyric", "A Thin Line Between Love and Hate" and the series of "House Party" films, and he has personally produced and/or directed more than a dozen films as well as several hit TV programs. Mr. McHenry also helped develop the screenplay to Sony's current hit "This Christmas". Many of the industry's most successful studios have invested in his production companies, including Warner Brothers, Sony and New Corp's Twentieth Century Fox.

Mr. McHenry is a graduate of Stanford University with a B.A. in Economics, and a graduate of the Harvard Law School and Business School, where he successfully completed the JD/MBA program. He has held executive positions with several studios including Polygram and Embassy Pictures, where he was a senior business and financial affairs executive. Mr. McHenry is currently the CEO and co-founder of Elephant Walk Entertainment, which has produced over a dozen feature films that have generated almost One Billion Dollars in worldwide revenue. Mr. McHenry is a past member of the California Bar and is currently on the advisory boards of NAFTC Studios and Gold Coast Productions, as well as eWorld Companies, Inc. He is also a member of the Directors Guild of America, Producer's Guild of America and the Academy of Motion Picture Arts and Sciences (Oscar). Mr. McHenry has received numerous awards including an ACE for Cable programming excellence and a NAACP Image Award. He also lectures on film finance and is a founding partner of the Mid-Cap Film Fund.

COMMENTARY

In response to the announcement, eWorld CEO Henning Morales issued the following statement, "We are absolutely thrilled that Doug McHenry has agreed to join our Board of Advisors. Mr. McHenry is a living legend in the entertainment industry whose time and expertise is in tremendous demand. We consider it a real coup that he has chosen eWorld's Advisory Board above the many offers and requests he constantly receives. Doug shares our belief that the Internet is the future of entertainment delivery and his assistance and counsel have already proven invaluable to us. The entire eWorld team is looking forward to Doug's continued involvement and we intend to rely heavily on his experience and expertise to help guide us as we fulfill our goal of becoming a major new leader in the world of online entertainment."

ABOUT EWORLD COMPANIES, INC.

eWorldCompanies, Inc. is an online marketing & advertising technologies company that develops and markets cutting edge technologies using rich media, flash, animation and 3D graphics to help individuals and businesses market and advertise on the Internet. eWorld markets and distributes these technologies through its wholly-owned subsidiary eWorldEntertainment, Inc. and its International network of Affiliates, which it uses to promote its products and to grow its network of Affiliates, users and strategic partners. The Company's management team has been successfully involved in Network Marketing and Affiliate Marketing of Internet technologies for the past 10 years. eWorld's revenue model consists seven components: (1) Affiliation Fees; (2) Affiliate Monthly Subscriptions; (3) Affiliate Benefit Subscriptions; (4) Product Sales; (5) Advertising Revenues; (6) Web Development Accounts; and (7) International Licensing Fees.

For more information visit http://www.eworlde.com/ and/or http://www.eworldcompanies.com/ or call (310) 471-7674.

Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.

First Call Analyst:
FCMN Contact:

Source: eWorld Companies, Inc.

CONTACT: eWorld Companies, Inc., +1-310-471-7674

Web site:

http://www.eworlde.com/
http://www.eworldcompanies.com/

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