eWorld Interactive, Inc.

January 30, 2007 12:48 ET

Eworld Interactive, Inc. and Shanghai Eworld China Information Technologies Co., Ltd. Join Forces to Enter Online Social Networking Space in the World's Fastest Growing Internet Market

SHANGHAI, CHINA--(CCNMatthews - Jan. 30, 2007) - Eworld Interactive, Inc. (the "Company") (OTCBB:EWIN) is pleased to announce that it has entered into a letter of intent to provide consulting and technical services to Shanghai Eworld China Information Technologies Co., Ltd.

Shanghai Eworld China Information Technologies Co., Ltd., is the operator of Chinese internet entertainment portal www.eworldchina.cn. The portal is a leader in China's online interactive community providing users with a platform for social networking, collaborative gaming, and content publishing online. Content comes in the form of user generated content as well as content supplied by leading content providers and game developers. The Company will focus its efforts on acquiring new users and retaining them by continually improving their online experience.

Guy Peckham, CEO, stated, "This is the first step towards Eworld building and operating a world class web platform for the fastest growing online market in the world." According to the China Internet Network Information Center (CINIC) (www.cnnic.net.cn/en/index/index.htm), Chinese internet users have recently surpassed 120 million users and expectations are this will continue to grow at double digit growth annually. "The Shanghai development team's capabilities matched with western expertise will assure the execution of our plans to lead the social networking space in China," concluded Mr. Peckham.

Shanghai Eworld China Information Technologies Co., Ltd., Inc.'s management joins an experienced team in Eworld Interactive, Inc. that share one vision to capitalize on the opportunities present for building online communities in the People's Republic of China. Eworld China's team has a proven track record in developing and operating top Chinese online properties in the areas of search and online gaming. The Company continues to developed unique functions and distinctive technologies that will be launching over the coming months.

ON BEHALF OF THE BOARD

Eworld Interactive, Inc.

Guy Peckham, President & CEO

About Eworld:

Eworld China is the developers of eworldchina.cn, an online community focused on entertainment content provided by both leading professional content producers and amateur content produced by users of the website. The online platform allows users to create and define their own personal space in the community then interact with and within the community on multiple levels. Users can interact user-to-user, user-to-group, user-to-club, user-to-community and through voting and rankings. These users then have access to and can interact with entertainment content provided by leading partners and affiliates producing music, television, film, gaming and more. The Company creates circular interaction among its website users and the content programming consumers thus continuously involving the audience. Revenues are derived through a combination of advertising sales, sponsorships and promotions, subscriptions and services fees as well as revenue sharing deals with partners and affiliates.

Contact Information

  • Eworld Interactive , Inc.
    Guy Peckham
    President & CEO
    1-38-1613-5001