SOURCE: Inform Worldwide Holdings, Inc.

November 07, 2006 21:23 ET

Inform Worldwide Holdings, Inc. Announces Joint Venture

LAS VEGAS, NV -- (MARKET WIRE) -- November 7, 2006 -- Inform Worldwide Holdings, Inc. (OTCBB: IWWI) (the “Company") announced today that the Company and Soam Energy, LLC, ("Soam"), an affiliate of the Company, have entered into a joint venture agreement whereby the Company has agreed to provide operating capital to Soam to develop and exploit the "Banning 1" lease held by Soam which is located in Westmoreland County, Pennsylvania. An independent engineering study, commissioned by Western Engineering, Inc., indicates that there is an excess of 6 million tons of surface coal contained in "gob" piles and slurry. The Company will receive one hundred percent of the net production revenue until the Company is repaid its capital, after which the Company will receive fifty percent net production revenue from the exploitation of the Banning 1 lease. The Company anticipates that production could commence by the end of November 2006. No assurance can be given that the Company will be able to fulfill its obligations under the joint venture agreement.

About Inform Worldwide Holdings, Inc.:

Inform Worldwide Holdings, Inc. (OTCBB: IWWI) is a development stage company currently in process of identifying, developing, and marketing global business opportunities with emphasis on energy and natural resource development and servicing.

About Soam Energy, LLC:

Soam Energy, LLC currently holds leasehold ownership interests in surface and subsurface coal at four sites in Pennsylvania.

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.

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