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International Entertainment News

Wednesday, February 13, 2008

eWorld Companies, Inc. and GameGeist.net To Provide Exclusive Entertainment- Related Content for Boomerang Media Station(R) and PlayTV(R)

eWorld Companies, Inc. and GameGeist.net To Provide Exclusive Entertainment- Related Content for Boomerang Media Station(R) and PlayTV(R)

LOS ANGELES, Feb. 13 /PRNewswire-FirstCall/ -- eWorld Companies, Inc. (Pink Sheets: EWRL) announced today that it has formed a strategic marketing partnership and revenue sharing arrangement with GameGeist.net. Under the terms of the agreement, eWorld will create and host a specific channel for online gaming enthusiasts on its PlayTV(R) online broadcasting network, which will be accessible only through eWorld's Boomerang Media Station(R). eWorld will immediately co-produce a pilot program for GameGeist for this channel, and the two companies will jointly create additional streaming video content, beginning with a live show at eWorld's official launch event in Hollywood, CA on February 8 & 9, 2008 and continuing on a regular basis over the next three years. GameGeist will now provide exclusive and professional content for eWorld's Boomerang Media Station, with the intent of creating the Internet's first "must-visit" site for online gaming enthusiasts.

In addition, the two companies have also agreed to a series of cross- promotions in which eWorld will create advertising and promote GameGeist through its Boomerang Media Station, and GameGeist will actively promote eWorld's Boomerang Media Station and PlayTV network through its activities, promotional events and partnership agreements. The two companies have also agreed to work together to develop strategic alliances and joint ventures between GameGeist and other entertainment-related companies.

GameGeist is an electronic entertainment media organization that provides audio and visual content for the rapidly growing gaming community. Combining industry news with witty humor, GameGeist reports the latest trends and happenings in the games business, complete with lots of creative commentary delivered in it's own unique and entertaining style. GameGeist also covers all the industry-related trade shows, conducts in-depth reviews on games and gaming peripherals, and interviews recognized and upcoming industry talent. GameGeist has amassed a large fan base of podcast listeners, which it now intends to bring over to eWorld offering them an exclusive bi-weekly show that can only be accessed through eWorld's Boomerang Media Station.

The games industry is larger than the movies and music industries combined, netting $17.9 billion dollars in 2007; a 43% growth from 2006. While the games industry is booming, very few gaming media outlets are producing television-style content coverage. eWorld and GameGeist are directly targeting this market and have positioned GameGeist to be one of the first network IPTV games entertainment shows aimed at this demographic.

ABOUT EWORLD COMPANIES, INC.

eWorld Companies, 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 Companies, Inc. markets and distributes these technologies through its wholly-owned subsidiary eWorld Entertainment, Inc. (eWorlde) and its International network of Affiliates, users and strategic partners. eWorld's unique and patented Boomerang Media Station(R), named for its ability to return to the user's screen no matter what web site you visit, is a free software program that streams rich media within the actual application and remains ever-present as the user browses the Internet, offering the user one-click access to limitless entertainment experiences and convenience benefits. eWorld's WALRUS(R) system, which is downloaded along with Boomerang, continues to work in the background to provide assistance as the user searches, surfs or shops the Net, suggesting relevant topics, products and services based on each user's browsing and searching habits. The Company's revenue model consists of six major components: (1) Advertising Revenues; (2) Affiliation Fees; (3) Affiliate Monthly Subscriptions; (4) Product Sales; (5) Technology Licensing; and (6) International Marketing License Fees.

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: eWorld Companies, Inc.

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

Web site:

http://www.eworlde.com/


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