SOURCE: IMAGE Worldwide, Inc.

May 20, 2008 11:32 ET

City Book Savings Signs $25,000 in Contracts

IMAGE Worldwide Subsidiary Currently Beating Projections

CHICAGO, IL--(Marketwire - May 20, 2008) - IMAGE Worldwide (PINKSHEETS: IMGW) subsidiary City Book Savings has already sold $25,000 in print advertising for its July direct mailing book, the first in a series of quarterly publications produced under IMAGE ownership.

CEO Paul Sorkin stated, "Our sales team has done a great job and with another sales class starting June 2nd I am very confident that we will continue to beat our internal sales projections for City Book Savings. I feel that this strong start is a great indication of how future books will do."

About City Book Savings

City Book Savings is a high-end 4 color glossy direct mailing market book. Each book is a 4" x 6" perfect bound hard cover publication featuring magazine quality ads providing an image conscious demographic with incentives to frequent some of the most exclusive businesses in a city's affluent areas. City Book Savings offers 100% saturation of local neighborhood markets via direct mailing. The Company also offers documented return on investment results for clients and methods to help track each advertisement's success. Chicago is the first market for City Book Savings and a number of other cities and states are being planned for the expansion.

About IMAGE Worldwide, Inc.

IMAGE Worldwide, Inc. (PINKSHEETS: IMGW) is a full service interactive multimedia marketing and advertising agency. IMAGE is vertically integrated with properties including a concert/nightclub venue, fashion/entertainment magazine, high-end direct mailing book, radio station, IT solutions company, along with other promotional and marketing companies. IMAGE utilizes a combination of different forms of media and promotions to help clients showcase and market their IMAGE in print, internet, event planning, radio, and TV.

IMAGE also would like to re-inform its current common stock structure to the public of 1,000,000,000 authorized shares with 95,705,689 outstanding of which 20,190,739 are in the free trading public float. Management has received the most recent Nobo report which includes all purchases bought on May 6th, 2008 or prior.

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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