LOS ANGELES, June 7 /PRNewswire-FirstCall/ -- eWorldCompanies, Inc. (Pink Sheets: EWDC) announced today that its wholly owned subsidiary eWorld Entertainment, Inc. (eWorlde) has entered into an agreement with 4-Platinum.com, Inc. to provide live streaming entertainment and educational programming through eWorld's Boomerang Media Station. Under the terms of the agreement, 4-Platinum will install its LCE Encoder "Black Box" live streaming video technology as needed for eWorld-sponsored Events and projects, eWorld will provide the online advertising content, and both companies will co-produce the programs and participate in revenue sharing for all income received. Initial projects will include live streaming of exclusive musical events sponsored by eWorld and its strategic partners, including premium concerts and events for select charities and non-profit organizations featuring leading celebrities, as well as eWorld's in-house presentations, trainings and corporate events.

The parties have also agreed to a series of cross-promotions in which eWorld will create advertising content and promote 4-Platinum through its Boomerang Media Station, and 4-Platinum will actively promote eWorld Entertainment and the Boomerang Media Station through its online and print publications and company functions.

4-Platinum has developed exclusive technology that can be utilized at virtually any location to create concert quality streaming video and audio in a form that can be broadcast live via the Internet, thereby delivering to its users a real-time, be-there-now, concert-type experience. eWorld's Boomerang Media Station(R) is a free software program that is unique in its ability to stream rich media within the actual application. Boomerang functions as an online entertainment guide while providing one-click access to the Internet's best sites for music, movies, celebrities, games, sports and entertainment news and other experiences and convenience benefits. Boomerang "brings the Internet to life" with colorful moving images, animation, 3D Graphics, music, and voice, and also allows the user to instantly access all major search engines, communicate with friends, family or business associates, watch the latest movie trailers, demo the newest DVD and music releases, stay abreast of late-breaking news and sports scores, access their own private personal or business networks, and more, all without leaving the website he or she is currently visiting.

Commentary

In response to this announcement, Henning Morales, CEO and President of eWorldCompanies, Inc. commented, "We believe that our agreement with 4-Platinum to provide live streaming content via the Boomerang Media Station is a perfect marriage of two of the Internet's top cutting edge technologies. eWorld Entertainment's primary goal is to provide a simple and comprehensive guide and a one-click single-source access to all the top entertainment sites on the world wide web, as well as original and exclusive programming that they won't find anywhere else. This agreement moves us a giant step in that direction by increasing the value and usefulness of the Boomerang Media Station both for eWorld Entertainment users and for our strategic partners, who will also have access to this technology."

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. eWorldCompanies, 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 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.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.

CONTACT: Henning Morales, CEO and President of eWorldCompanies, Inc.,
+1-310-471-7674

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