eWorld Companies, Inc. Announces Completion of Corporate Restructuring and New Stock Trading Symbol

eWorld Companies, Inc. Announces Completion of Corporate Restructuring and New Stock Trading Symbol

LOS ANGELES, April 21 /PRNewswire-FirstCall/ -- eWorld Companies, Inc. (Pink Sheets: EWRC), has announced that the company has completed a 1 for 20 reverse split of its common shares. This restructuring was effective as of March 26, 2008. As a result of the reverse split, the company is issuing 1 common share for each 20 shares held on the record date of March 26, 2008. Upon completion of this reverse split the company now has total of 5,476,289 outstanding common shares and total float of approximately 1,800,000 shares. The terms of the split will require all shareholders to turn in a physical certificate in order to receive their new shares.

As a result of this restructuring the company has also been assigned the new trading symbol EWRC.PK (the previous symbol was EWRL.PK).

COMMENTARY

In response to this announcement, Henning Morales, Chairman and CEO of eWorld Companies, Inc., commented, "This reverse stock split is the latest in a series of steps we have taken to better service our shareholders by positioning ourselves strategically in the market place. We believe that our stock is now fairly priced in the market place and we are very excited about the future of our company. Our marketing efforts are gathering momentum very quickly now, and we anticipate making several important announcements in the coming weeks."

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 the 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 about eWorld Companies, Inc. visit www.eworlde.com and/or 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.

Source: eWorld Companies, Inc.

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

Web site:

http://www.eworlde.com/

-------
Profile: intent