SOURCE: Inform Worldwide Holdings, Inc.

December 07, 2006 18:57 ET

Inform Worldwide Holdings, Inc. Provides Update Regarding the New Elk Mine

LAS VEGAS, NV -- (MARKET WIRE) -- December 7, 2006 -- Inform Worldwide Holdings, Inc. (OTCBB: IWWI) (the "Company") provides the following update regarding New Elk Coal Company, LLC ("New Elk").

The Company has received the first phase of due diligence pertaining to the acquisition of New Elk and will be entering into final negotiations shortly.

"We at New Elk are very excited about the proposed transaction and are looking forward to finalizing the terms of the acquisition," said Wayne Coverdale, New Elk's Manager.

No assurance can be given that the Company will enter into an agreement with New Elk or that the Company will be able to fulfill its obligations under a proposed agreement.

About Inform Worldwide Holdings, Inc.:

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

About New Elk Coal Company, LLC:

New Elk Coal Company, LLC currently holds ownership and operating permits for the New Elk Coal mine located in Las Animas County, Colorado.

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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