eWorld Companies, Inc. Forms Strategic Alliance With Los Angeles Music Awards

eWorld Companies, Inc. Forms Strategic Alliance With Los Angeles Music Awards

LOS ANGELES, Nov. 27 /PRNewswire-FirstCall/ -- eWorldCompanies, Inc. (Pink Sheets: EWDI) announced today that its operating subsidiary eWorld Entertainment, Inc. (eWorlde) has entered into a long-term strategic alliance with Los Angeles Music Awards ("LAMA"). Under the terms of the agreement, eWorld and LAMA will engage in a series of cross-promotional activities in which eWorld will broadcast advertising and promotional clips of LAMA events and activities on its Boomerang Media Station and LAMA will promote eWorld and its technologies, including PlayTV and the Boomerang Media Station, at its events and on its website. The Los Angeles Music Awards is the longest running major awards show for independent artists in history, and eWorld's technology will be presented at the 17th annual Awards Show this Thursday, November 29 in Hollywood, CA.

Both eWorld and LAMA stand to reap major benefits from this alliance. eWorld's proprietary technologies have it positioned to become a major player in the areas of online entertainment, including online marketing of music, music videos, movies, streaming videos and live and archived pay-per-view events. eWorld's integrated Boomerang Media Station, Media Player and 24-hour PlayTV online entertainment network provides an ideal platform in which LAMA's recording artists can demo and market their wares directly to the public, and eWorld's international reach can help LAMA and its artists reach a global audience who might otherwise never hear or see their work. LAMA, on the other hand, will provide an ideal feeding and filtering mechanism of new music content and rising artists for eWorld's Boomerang and PlayTV network, some of which will be exclusively available through these channels, and will work with eWorld to create, market and promote the music of their artists directly through this exciting new platform.

Commentary

Upon release of this announcement, Henning Morales, CEO of eWorld Companies, Inc. commented, "We are very pleased to announce this strategic alliance with Los Angeles Music Awards, one of the music industry's premier promoters of independent music. Everyone knows about the Los Angeles Music Awards annual show, but not everyone realizes that LAMA also provides a large slate of ongoing independent music events and activities throughout the year and is integrally connected with a wide range of independent music artists all around the world. We look forward to providing a platform and marketing exposure to these artists. We believe that with this strategic alliance with LAMA we have taken another major step toward positioning eWorld as a major provider of online entertainment."

About eWorldCompanies, 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:
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Source: eWorldCompanies, Inc.

CONTACT: eWorldCompanies, Inc., +1-310-471-7674

Web site:

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

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