SOURCE: eMax Worldwide, Inc.

eMax Worldwide, Inc.

March 10, 2010 14:38 ET

eMax Worldwide, Inc. Presents Updates to Shareholders of Their Progress in Becoming Fully Reporting and Up-Listed on NASDAQ

CHIPLEY, FL--(Marketwire - March 10, 2010) -  eMax Holdings Corp. (PINKSHEETS: EMXC) recently renamed eMax Worldwide, Inc. states recent activity updates. EMAX Worldwide has been very busy the past few months working very diligently to getting in complete fully reporting status and up-listing the company on NASDAQ.

The Company's President, Roxanna Weber, stated, "We would like to thank each and every shareholder who has been patient while we have worked long hours to work hard towards making eMax Worldwide, Inc. fully reporting and up-listed. We have been working with FINRA and Pinksheets and have enjoyed the professional experience. With all the new compliance rules, it is taking all us a little longer to do things correctly and completely, but we are getting ready to cross the finish line and then the real work begins. We do appreciate all shareholders' input, calls and emails to our office. We do try to respond to every inquiry. At this time, we would like to give all shareholders a recap of the work the company has finished in the last seven months. The Company has: 1. Finished preparing their corporate financials through the end of 2009 and they are being reviewed by the company's Corporate Accountant and then the SEC auditors. 2. Prepared a full disclosure information statement, which is being prepared to be filed at their corporate website, at www.pinksheets.com, and the SEC. 3. Prepared numerous other filings for the SEC and Pinksheets that will be filed in the very near term. 4. Is currently rebuilding and rebranding all the EMAX Internet sites, including their online store ad media platforms. 5. Has put together an independent auditing committee. 6. Has retained the SEC auditing services of Bongiovanni & Associates, Inc., http://www.BAI-CPA.com, to prepare the company's financial audits and to help further work towards meeting SEC fully reporting status for up-listing. 7. Has scheduled its first shareholder meeting for December 3-5, 2010, at the Edgewater Beach & Golf Resort, gulf-front in Panama City Beach, Florida. eMax Worldwide guests can call reservations at 800.874.8686 to book their reservations or book online at www.edgewaterbeachresort.com using Promo Code: 1405. 8. Has retained the services of McMullen Associates LLC, http://www.mcmullenassociates.com, as securities legal counsel for the company. The attorneys at McMullen Associates have over 20 years' experience working with public trading company preparing documents, procedures and filings to meet SEC fully reporting status for up-listing to OTCBB exchanges as a fully reporting company. 9. EMAX Media Group has announced previously they have decided to go public, and the company has approved using the guidance and services of their SEC counsel McMullen Associates LLC to be the spin-off registration matters. During this process, the company's Board of Directors has made a decision that the dividend shares that are being issued in the companies named Freedom Entertainment in 2003 and the shares issued in 2005 in the name EntertainMax will be granted the right to be exchanged into the EMAX Media Group company and registered and freely trading shares on a share-for-share basis. The company will be announcing shortly the value of those dividends, which are at the transferred agent waiting for mailing. The company believes the shareholders will be happy in seeing the true value in those dividends when they read the financials, which the company is preparing to present in the very near term. 10. EMAX Finance has invested into the opening of a full-service real estate company in Florida."

Roxanna Weber stated, "We hope this information gives our shareholders a better idea of where the company stands and where we are headed a little bit more. We expect year 2010 to be a very successful."

About eMax Worldwide, Inc.
eMax Worldwide, Inc. (www.emaxcorp.com) is a diversified holding company investing in family valued multimedia, entertainment, communication, broadcasting, high-end technologies, and real estate and finance industries through five corporations. eMax Worldwide, Inc. holds stock interest in EMAX Media Group., EMAX Networks Group, Inc., EMAX Technology Group, Inc., EMAX Finance, Inc. and Washington Realty Corp.

Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995.

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