SOURCE: eWorldMedia Holdings

May 23, 2005 06:30 ET

eWorldMedia Holdings, Inc. Announces Company Stock Buy-Back Program @ $3.00 per Share

Also 5 New Product Lines in Development

NEWPORT BEACH, CA -- (MARKET WIRE) -- May 23, 2005 -- eWorldMedia Holdings, Inc. (OTC BB: EWME), a leading provider of Internet communication products, announced today that eWorldMedia Holdings, Inc. is offering to buy back up to 15,000 shares of its common stock for $3.00 per share.

The company currently has a total of 49,500 authorized common shares, 33,600 of which have been issued. The Board of Directors has authorized the company to buy back up to 15,000 of these shares at $3.00 per share on a first-come, first-served basis for all shareholders of record as of June 10, 2005. All shareholders of record must present their stock certificates to the company on or before July 15, 2005. The company will deliver payment to the sellers no later than August 31, 2005. Shareholders wishing to participate should mail their certificates to the following address:

eWorldMedia Holdings, Inc.
610 Newport Center Dr., Suite #210
Newport Beach, CA 92660
The company must receive the certificates no later than July 15, 2005.

In response to this announcement, Ronald C. Touchard, Chairman and CEO of eWorldMedia Holdings, Inc., stated, "The timing of this restructuring of our stock is also consistent with the steady progress of our ongoing internal re-organization efforts, as well as the development of several new products and services which we expect to announce shortly. New products currently under development include 'eWorldTravel' online travel service, 'eWorldKids' -- an online education and success training program for children and adolescents, a discount health care card for individuals and small-business owners, a worldwide prepaid MasterCard that uses U.S. currency in an electronic environment, and a new line of health and nutrition products including a patented proprietary antioxidant formula. As these new products and services are ready to be released, appropriate notification will be given."

About eWorldMedia, Inc.

eWorldMedia Holdings, Inc. (OTC BB: EWME) was organized on December 7, 2001, to provide eShopping, eCommerce, and online communications products to consumers and business users throughout the U.S. and abroad. EWorldMail™, the company's patented and proprietary "Next Generation" Rich Media Email system, allows individuals and businesses to create, send and track rich media email with simple point-and-click operation, just as fast and just as easy as sending traditional email. eWorldMedia also markets additional Internet-based communication, marketing and advertising solutions to retail merchants, service-oriented professionals and entrepreneurs, as well as cutting-edge tools and turnkey systems that allow individuals to build small office and/or home-based businesses over the Internet. For more information, visit www.eworldmedia.com.

This press release contains forward-looking statements that involve risks and uncertainties within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 concerning the company's expected financial performance, as well as its strategic and operational plans. Actual results may differ materially from the forward-looking statements due to certain risks, including among others: general economic conditions, including business conditions in the specific markets for the company's products; the difficulty of keeping expense growth at modest levels while increasing revenues; increased competition; lack of success in timely development, production, and acceptance of new products; the failure to reduce costs or improve operating efficiencies; the challenges of achieving anticipated synergies in acquisitions; and the ability to attract, hire and retain key employees. All information set forth in this release is made as of May 23, 2005, and the company undertakes no duty to update this information.

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