eWorldCompanies, Inc. Will Provide 24-Hour Viewing Access to Los Angeles Music Awards Show and Other Jointly Produced Content Via Its Boomerang Media Station

eWorldCompanies, Inc. Will Provide 24-Hour Viewing Access to Los Angeles Music Awards Show and Other Jointly Produced Content Via Its Boomerang Media Station

LOS ANGELES, Dec. 26 /PRNewswire-FirstCall/ -- eWorldCompanies, Inc. (Pink Sheets: EWDI) announced today that its operating subsidiary eWorld Entertainment, Inc. (eWorlde) will provide 24-hour access to the 2007 Los Angeles Music Awards Show on its Boomerang Media Station. The 17th Annual LAMA show, which is the longest running major awards show for independent artists in history, was filmed live in front of a sellout audience in Hollywood, CA on November 29. That show is currently being edited and is expected to be uploaded for worldwide viewing on eWorld's Boomerang Media Station within the next few weeks.

eWorld had previously announced on November 26 that they had entered into a long-term strategic alliance with Los Angeles Music Awards ("LAMA") in which the eWorld and LAMA agreed to engage in a series of cross-promotional activities. Now the companies have expanded their partnership with a new arrangement in which LAMA and eWorld will jointly produce original streaming video content of LAMA's shows, activities and artists which eWorld will host on its Boomerang Media Station. Much of this programming will be available exclusively through eWorld's Boomerang Media Station and its PlayTV online broadcasting network, and both eWorld and LAMA will actively promote these programs through their respective marketing networks and industry contacts.

Commentary

Upon release of this announcement, Henning Morales, CEO of eWorld Companies, Inc. commented, "We are very pleased that we have been able to expand our strategic alliance with Los Angeles Music Awards and that LAMA has agreed to become a major Content Provider for our Boomerang Media Station and PlayTV Network, beginning with our upcoming on-demand Boomerang Media Station broadcast of the recent Los Angeles Music Awards Show. Los Angeles Music Awards is one of the music industry's premier promoters of independent music and the Los Angeles Music Awards annual show has a built-in audience of artists, producers, promoters and music fans that spans the globe. We believe that our joint promotional efforts can allow this show, as well as many additional shows that we will be co-producing with LAMA, to be viewed by millions of people worldwide. This in turn should also allow us to reach our initial goal of one million downloads of our free Boomerang Media Software much more quickly than we previously anticipated."

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.

The Boomerang Media Station is available as a free download at http://www.eworlde.com/ or at http://www.catchboomerang.com/.

For more information, visit http://www.eworldcompanies.com/ and/or http://www.eworlde.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: eWorldCompanies, Inc.

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

Web site:

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

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