SOURCE: Inform Worldwide Holdings, Inc.

December 28, 2006 19:09 ET

Inform Worldwide Holdings, Inc. Announces Settlement Agreement Reached

LAS VEGAS, NV -- (MARKET WIRE) -- December 28, 2006 -- Inform Worldwide Holdings, Inc. (OTCBB: IWWI) (the "Company") announced today that the Company, its principal shareholder and certain affiliates of the Company have entered into a settlement agreement with a creditor of the Company whereby a Request for Dismissal with prejudice has been submitted to the Court on December 28, 2006, and the 150 million restricted shares of the Company's common stock (the "Shares") that were held by the creditor have been returned to the principal shareholder of the Company. The principal shareholder agreed to pay and has paid the creditor $325,000 and delivered 10,000 shares of the Company's restricted common stock. The Company has agreed to grant "piggyback" registration rights to the 10,000 shares. The parties also agreed to mutually release each other from all claims.

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 natural resource development and servicing.

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.

Contact Information

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