SOURCE: One World Ventures, Inc.

One World Ventures, Inc.

November 11, 2009 09:29 ET

One World Ventures, Inc. Rejects Unsolicited Indication of Interest for 1World Card and Moves Forward With Strategic Plan

LAS VEGAS, NV--(Marketwire - November 11, 2009) - One World Ventures, Inc. (PINKSHEETS: OWVI) announced today that it has rejected an unsolicited non-binding indication of interest with respect to the 1World Card assets of One World Ventures, Inc. The Board, in consultation with its financial and legal advisors, unanimously determined that the unsolicited offer is inadequate and now expired and is not in the best interests of One World Ventures, Inc. and all of its stockholders.

Stephen Prior, CEO/Chairman of One World Ventures, Inc., said, "After careful evaluation, One World Ventures, Inc. Board unanimously determined that the unsolicited offer undervalues One World Ventures, Inc. and is not in the best interests of the Company and all of our stockholders. After consultation with management and its financial advisors, the Board believes that implementation of the One World Ventures, Inc. stand-alone plan will generate greater value for stockholders. We are committed to continuing to take all appropriate and necessary actions to maximize value for all stockholders," Mr. Prior added.

Mr. Prior also noted, "One World Ventures has a focused strategic plan in place to continue its path in the prepaid debit space by concentrating on finalizing negotiations with our 'Sponsor Bank,' Processor, and partners and hopes to have positive news in the coming days. We remain committed to driving a sustainable business model with revenue and profitable growth, by simplifying and aligning the product portfolio, to enable us to accelerate the delivery of our next generation solutions."

About One World Ventures, Inc.

One World Ventures, Inc. is a holding 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.

The Company looks for simple inexpensive alternatives to traditional ways of doing business. The strategic goal in every business is in leveraging assets and opportunities globally, focusing on niche markets and providing cost effective operations. The company's unique holdings will provide revenues predominantly derived from memberships, commissions and transactions.

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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