SOURCE: Imusic Worldwide, Ltd.

April 29, 2010 10:24 ET

Imusic Worldwide in Acquisition Mode, Looking to Add Several More Sites

BANGKOK, THAILAND--(Marketwire - April 29, 2010) -  Imusic Worldwide, Ltd. (PINKSHEETS: IMWL), a leader in digital distribution of independent music has been on the hunt to add several more web based digital music sites to its expanding roster of sites.

"We have contacted several companies that have established web presence in the digital music space and have began meaningful discussions on possible acquisitions," stated Bukra Katupot, president of Imusic Worldwide. "We are committed to expanding our presence on the web in the digital music arena and added existing sites that cater to other areas of music that we do not is the fastest and most cost effective way of further expanding the Company. This expansion plan will further enhance the Company's revenue streams and value to our shareholders over the short and long term," he added.

About Imusic Worldwide

As a portal for digital music content, Imusic is extremely well positioned to capitalize on the rapid growth of digital music. Imusic's strategy is to deliver music to consumers in any form, at any time and in any place. Imusic is focused on delivering music content from today's pop culture sensations, niche independent creations, and stuff from our own community, and one-of-a-kind independent artists that will keep you coming back for more. So whether you're looking for rock, country, rap, classical, jazz, hip hop, blues, dance or folk and others, Imusic will bring it all to you -- how you want it, when you want it.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

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