World Entertainment Corp.
PINK SHEETS : WETM

World Entertainment Corp.

November 02, 2005 11:42 ET

World Entertainment Announces Testing of Wireless Bingo Applications

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 2, 2005) - World Entertainment Corp. (PINK SHEETS:WETM), a Nevada company headquartered in Vancouver, announced today testing has begun of several bingo-related mobile media services. The services include: alerts and sweepstakes (chances to win daily and monthly prizes and cash); a daily "Fortune Cookie" (see how lucky you are each day, advice for when you're at your wits' end, humor, etc.); and a chat service (meet new friends, find where the best payouts are, etc.).

"Mobile is the next big idea in the bingo market," says Louis Dion, President and Founder of World Entertainment. "Bingo is the most popular game with the largest customer base in North America. There are millions of people who go to bingo halls, play bingo online, or buy bingo-style lottery tickets every day. We are giving the nearly 200 million cellphone subscribers in the United States the power to reach bingo-related mobile services and to use their cellphones to interact as a group and with society as a whole. In addition, we will be working with both land-based and online operators who are looking for alternative means to improve their operations and to add value to the whole bingo gaming experience."

About World Entertainment Corp.

WEC is an emerging provider of Internet gaming software including its Bingo software that features live web-cast ball calling; interactive chat; and its unique Mega Bingo Bucks progressive networked jackpot. WBL brings expertise, proprietary software and strong industry leadership to Bingo and online gaming.

Forward-Looking Statement

The statements in the press release that relate to the company's expectations with regard to the future impact the company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since the information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

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