Meier Worldwide Intermedia Inc.

Meier Worldwide Intermedia Inc.

January 06, 2005 10:30 ET

Meier Worldwide Cancels in Excess of Four Million Shares '4,000,000'



OTC Bulletin Board SYMBOL: MWWD

JANUARY 6, 2005 - 10:30 ET

Meier Worldwide Cancels in Excess of Four Million
Shares '4,000,000'

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 6, 2005) - Meier
Worldwide Intermedia Inc. (OTCBB: MWWD) is pleased to announce that the
company has cancelled in excess of four million shares (4,000,000) of
previously issued Company stock. This reduces the Company's number of
issued and outstanding stock from 17,929,244 to 13,692,244 shares. This
is a 24% decrease in the total issued and outstanding shares of the
Company. All other shares currently held by shareholders shall be of
equal denomination and unchanged, creating a higher value per share.

Jim Meier, CEO/President of Meier Worldwide Intermedia Inc., commented:
"In order to further increase shareholder value, we have decided to take
this significant step and permanently cancel over four million shares of
the company's stock. We strongly feel that the lower number of
outstanding shares will ultimately reward our current shareholders, and
also serve notice to the investment community that we believe strongly
in the future success of Meier Worldwide.

Meier Worldwide Intermedia is an integrated entertainment company. The
Company is actively engaged in producing Feature Films, initially
focusing on the production of several Feature Film Documentaries.
Through the Company's wholly owned subsidiary, Covenant Corporation, it
provides technical solutions and consulting services to the
entertainment industry in the areas of security, anti-piracy, promotions
and online distribution and sales.

Statements included in this news release that are not historical in
nature are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. The Company cautions
readers that forward-looking statements are subject to certain risks and
uncertainties, which could cause actual results to differ materially and
which are identified from time to time in the Company's reports filed
with the U.S. Securities and Exchange Commission. Meier Worldwide
Intermedia Inc. claims protection of the Safe Harbor for forward-looking
statements contained in the Private Securities Litigation Reform Act of


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