SOURCE: Inform Worldwide Holdings, Inc.

October 29, 2006 17:52 ET

Inform Worldwide Holdings, Inc. Announces Capital Restructure Plans

LAS VEGAS, NV -- (MARKET WIRE) -- October 29, 2006 -- Inform Worldwide Holdings, Inc. (OTCBB: IWWI) (the "Company") announced today that the Company has entered into a letter of intent with its principal shareholder to restructure the capitalization of the Company. It has tentatively been agreed that the principal shareholder, which currently holds, directly or indirectly, 150 million restricted shares of the Company's common stock (the "Shares"), will, as, if and when the Shares are returned to the principal shareholder, convert 100 million of the Shares into a class of preferred class, the terms of which have not yet been agreed upon.

The Shares may not become free trading absent the effectiveness of a registration statement filed with the SEC. The Shares are currently being held, subject to a security interest of a creditor of the Company, which is the subject of litigation between the Company, the principal shareholder and the creditor. No current time table exists for the resolution of the litigation with the creditor and thus no time table exists for the restructuring of the capital of the Company. The Company feels that such restructuring would better position the Company to seek favorable financing to implement the Company's business plan.

About Inform Worldwide Holdings, Inc.:

Inform Worldwide Holdings, Inc. (OTCBB: IWWI) is a development stage company currently in process of identifying, developing, and marketing global business opportunities with emphasis on natural resource development and servicing.

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.

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