SOURCE: One World Ventures, Inc.

One World Ventures, Inc.

August 19, 2010 11:55 ET

One World Ventures, Inc. Announces New Remittance Into China With 1World Cash and the Opening of Third & Fourth 1World Cash Locations in Mong Kok

LAS VEGAS, NV--(Marketwire - August 19, 2010) - One World Ventures, Inc. (PINKSHEETS: OWVI) 1World Cash, a money transfer service, today announced its expansion into China. 1World Cash is now able to remit and transfer funds from Hong Kong and other countries directly to all Chinese banks. The Company is able to leverage support, staffing and overhead from its Tutamen manufacturing subsidiary. The Asia Pacific region is one of the fastest growing markets for money transfer in the world. According to the World Bank, China is the second largest remittance-receiving country with $32.5 billion recorded in 2009.

OWVI also announced the opening of two new 1World Cash retail agency locations in Mong Kok (one of Hong Kong's liveliest districts, jammed full of shops, street-side stalls, as well as Hong Kong's famous Mong Kok Ladies Market). According to the Guinness Book of Records Mong Kok is the most densely populated place on the planet, squeezing in over 130,000 people per km2.

"With our capabilities to send money, China 1World Cash can now provide a quality but affordable remittance service that enables all the travelers, students, workers to send immediate cash to bank accounts in China. This service will be of great help to both Chinese & business customers here, China has been a strong market for a number of years and now with the strength of China's import and export industry, the demand for sending funds into the country is growing, thereby creating a good opportunity to expand our business in this region. We expect gross revenue to grow to over HK$1 million (US$ Approximately 135,000) for the first time in the month of August. We continue to build trust and expand our customer base at a rapid rate," says Steve Prior CEO, One World Ventures Inc.

About One World Ventures, Inc.

One World Ventures, Inc. is a company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.

Safe Harbor Statement:
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.

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