SOURCE: IMAGE Worldwide, Inc.

January 15, 2008 10:00 ET

Funkshion Clothing Signs One Year Advertising Contract

CHICAGO, IL--(Marketwire - January 15, 2008) - IMAGE Worldwide (PINKSHEETS: IMGW) subsidiary IMAGE Chicago has signed a one year contract with Chicago's newest high fashion boutique Funkshion Clothing (http://funkshionclothing.com). This agreement includes print ads, online ads, email marketing and event sponsorships in collaboration with IMAGE Chicago. Funkshion Clothing recently opened its doors on November 25, 2007 and has been one of Chicago's hottest new clothing boutiques.

About Funkshion Clothing

Funkshion Clothing is a fashion boutique located on 2121 W. Division in Chicago's trendy Wicker Park neighborhood. Surrounded by a number of new businesses, the area continuously attracts consumers, and Funkshion serves as the leader in style. The décor lives up to the name Funk-shion as a cross balance between ultra chic and fabulously on edge. Christy Collins, of Collins Designs, did not limit herself when it came to the extravagant setting: purple animal fur contrast sporadic driftwood pieces, smoked glass silhouettes line the fitting rooms, and plasma televisions hang from gleaming poles. Moreover, the boutique provides its customers with complimentary drinks and live music from guest DJs; making Funkshion every shopper's utopia.

About IMAGE Chicago

IMAGE Chicago Magazine is one of Chicago's fastest growing publications, attracting over 75,000 in readership at 350+ pick-up locations. Focusing on fashion and entertainment, Chicagoans have come to acknowledge the magazine as a city survival guide.

About IMAGE Worldwide, Inc.

IMAGE Worldwide, Inc. is the parent company of several rapidly growing entertainment subsidiaries. IMAGE has created a community that focuses on networking within the entertainment industry and operates a fashion/entertainment magazine, radio station and nightclub/concert venues along with established promotions companies and interactive websites. IMAGE currently attracts more than 10,000 visitors to its events, 100,000 visitors to its websites and generates over 6,000,000 hits per month on its websites www.IMAGEworldwide.com, www.IMAGEchicago.com, www.RealityIMAGE.com, www.lacalienteradio.com, www.ShequeChicago.com, www.cluboasisky.com

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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