SOURCE: IMAGE Worldwide, Inc.

May 13, 2008 13:47 ET

Lifebook Lounge Signs 6-Month Contract With IMAGE

3 Different Divisions of IMAGE Will Help Lifebook With Advertising, Marketing, and Event Promotion

CHICAGO, IL--(Marketwire - May 13, 2008) - IMAGE Worldwide (PINKSHEETS: IMGW) subsidiaries IMAGE Chicago Magazine, City Book Savings, and Sheque Chicago have all signed separate contracts with Lifebook Lounge to help that company showcase and market its IMAGE.

The contracts include print advertising in both IMAGE Chicago Magazine and direct mailing book City Book Savings, along with online marketing and event promotions.

Lifebook Lounge is a unique personal development nightclub that is located at 1200 W. Lake Street in Chicago. They specialize in personal growth of individuals through the use of their very own life book which they create at the lounge. Members who join are taken on a personal journey to reach their goals through the use of their life book. Paul Sorkin, CEO of IMAGE Worldwide, stated, "Lifebook Lounge offers an amazing experience for their members and we are proud to help showcase and market their IMAGE by utilizing 3 different divisions that focus on specific advertising, marketing and promotions."

About Lifebook Lounge

Lifebook Lounge is a 4-day interactive, multimedia program that takes you through the process of thinking through and designing your ideal life. The lounge provides everything you need to create a clear and compelling vision for your future and a detailed plan for its accomplishment. Members enjoy 5 star cuisine and luxurious lounge settings as they talk one-on-one with life directors, have cocktails and share their experiences with other Lifebook members.

About IMAGE Chicago Magazine

IMAGE Chicago Magazine is an entertainment and lifestyle magazine that focuses on everything in fashion and entertainment for the Windy City. IMAGE provides its readers with the latest on what's hot today and what will be tomorrow. IMAGE features the best in celebrity interviews, editorial content on fitness, fashion, beauty, music, relationships and more, along with some incredible fashion spreads and photo galleries. By using both print and online media IMAGE has created an interactive relationship with its readers and continues to inform and entertain.

About City Book Savings

City Book Savings is a high-end 4-color glossy direct mailing market book. Each book is a 4" x 6" perfect bound hard cover book featuring magazine quality ads providing an image conscious demographic with incentives to some of the most exclusive businesses in a city's most affluent areas. City Book Savings offers 100% saturation of local neighborhood markets via direct mailing. City Book Savings offers documented great return on investment results for clients and pays clients to help track their success. Chicago is the first city for City Book Savings and a number of other cities and states are being planned for the expansion.

About Sheque Chicago

Sheque Chicago is a unique marketing and promotional company that caters to the beauty needs of women by hosting beauty bar events at the trendiest venues. The women attending look forward to manicures, massages, make-overs along with spirits/wine specials served by an attractive male wait-staff as well as other fun female orientated services.

About IMAGE Worldwide, Inc.

IMAGE Worldwide, Inc. (PINKSHEETS: IMGW) is a full service interactive multimedia marketing and advertising agency. IMAGE is vertically integrated with properties including a concert/nightclub venue, fashion/entertainment magazine, high-end direct mailing book, radio station, IT solutions company, along with other promotional and marketing companies. IMAGE utilizes a combination of different forms of media and promotions to help clients showcase and market their IMAGE in print, internet, event planning, radio, and TV.

IMAGE also would like to re-inform its current common stock structure to the public of 1,000,000,000 authorized shares with 95,705,689 outstanding of which 20,190,739 are in the free trading public float. In response to recent trading activity in our stock, management has ordered a NOBO list to locate any potential shareholder discrepancies

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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