SOURCE: Compass Biotechnologies Inc.

October 23, 2012 09:45 ET

Compass Biotechnologies to Change Its Name to 1WorldDirect Holdings Inc. and Release an Online Video of Its Business Advantage

LAS VEGAS, NV--(Marketwire - Oct 23, 2012) - Compass Biotechnologies Inc. (PINKSHEETS: COBI) announces today it will be applying shortly to change the Company name to 1WorldDirect Holdings Inc. to better reflect its corporate direction and market niche. Compass CEO Tom Krucker stated, "As we aggressively develop new markets we are looking to brand the company under a unified name to further increase our presence in the Global markets."

In addition to having our name change made effective, 1WorldDirect US Inc., the wholly owned subsidiary, is in the process of finalizing an online educational video. This video will highlight the vast difference of benefits and ease of use between what 1World provides versus its competitors. "There is a reason we have been successful in rapidly expanding our merchant and customer base; by demonstrating the superiority and clear differences our products offer we anticipate our investor base and potential customers to exponentially grow," added CEO Krucker.

The company expects to have this educational tool available for viewing in the next 14-21 days and is looking forward to its impact on the marketplace to better showcase 1World's products.

ABOUT: 1World Direct Inc. and Compass Biotechnologies Inc.

1WorldDirect US Inc., a wholly owned subsidiary of Compass Biotechnologies Inc. (PINKSHEETS: COBI), integrates and provides direct payment systems into the global community that positions the company above its direct competition. 1World Direct leverages the integration of its branded cards and expands access to its stored value cards for consumers through multiple distribution channels. 1World provides a singular competitive resource for affordable funds transfer and stored value products and services generating continued profits for its shareholders.

FORWARD-LOOKING STATEMENTS

Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. There can be no assurance that such forward-looking statements will prove to be accurate. Actual result and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change, other than as required pursuant to applicable securities laws.

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