SOURCE: eWorld Companies, Inc.

September 01, 2009 13:30 ET

eWorld Companies Hires Hilbroy Advisory as Its Corporate Finance Advisors

LOS ANGELES, CA--(Marketwire - September 1, 2009) - eWorld Companies, Inc. (PINKSHEETS: EWRC) announced today that it has retained the services of Hilbroy Advisory, Inc. to help manage its investment banking and corporate affairs.

Hilbroy Advisory's initial task will be to help manage financial disclosure and bring the status of the company current in its public disclosure through the Pinksheets News Service. Hilbroy Advisory will also advise management on negotiations with institutional investors as well as potential interested buyers.

J.F. Amyot, Managing Director of Hilbroy Advisory, Inc., commented, "This company has a tremendous potential and we are delighted to be working with them. eWorld is like a YouTube with the added benefit of a revenue model. Their technology and rich content makes this opportunity a reality, and the company should be prepared for every eventuality, including the possibility of a buyout offer as happened for YouTube."

Henning Morales, CEO of eWorld Companies Inc., added, "Although our company is not for sale, we do need to prepare ourselves for all future possibilities. Hilbroy Advisory will assist us in our reporting and financial structure, which will not only provide greater transparency to our investors but also help us attract additional investment dollars."

ABOUT EWORLD COMPANIES, INC.

eWorld Companies, Inc. markets and distributes cutting edge Internet technologies through its International network of Affiliates, users and strategic partners. eWorld's patent-pending Boomerang Media Station™ features exclusive and third-party movies, music videos, webcasts and other streaming video content delivered via its unique state-of-the-art broadcast quality video player. Boomerang is a free software program that streams rich media within the actual application and remains ever-present as the user browses the Internet, offering the user one-click access to limitless entertainment experiences and convenience benefits. For more information visit www.eworldcompanies.com.

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of eWorld Companies, Inc., which involves risks and uncertainties. The Company's actual results could materially differ from those discussed. eWorld intends that statements about the Company's future expectations, including revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

Contact Information

  • Contact:
    Henning Morales
    CEO
    (310) 471-7674