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eWorld Companies, Inc. Forms Strategic Marketing Alliance and Retail Sales Agreement with Trojan Man Entertainment
Jan 09, 2008 (08:01 AM EST)
LOS ANGELES, Jan. 9 /PRNewswire-FirstCall/ -- eWorld Companies, Inc. announced today that its wholly owned subsidiary eWorld Entertainment, Inc. has formed a strategic marketing alliance and retail sales agreement with Trojan Man Entertainment (TME). Under the terms of the agreement, eWorld and TME will co-produce streaming video content of TME's activities and events, which will available for live and on-demand viewing via TME's own channel on eWorld's Boomerang Media Station(R) video player delivery system. TME and eWorld have also agreed to a revenue sharing arrangement encompassing advertising revenues and retail sales, and viewership fees where applicable. In addition, the two companies have also agreed to a series of cross-promotions in which eWorld will create advertising and promote TME through its Boomerang Media Station, and TME will actively promote eWorld's Boomerang Media Station and PlayTV network through its activities, promotional events and partnership agreements.
Trojan Man Entertainment is a student-run promotions and entertainment company founded in 2005 by University of Southern California (USC) student athletes DaSean Cunningham and Chris Mcfoy. TME sponsors both "18 and up" and "21 and up" events that provide exclusive entertainment and memorable experiences to a wide and diverse student population. TME has quickly grown into one of the largest promotions companies in Los Angeles and is currently expanding into other colleges such as the UC Santa Cruz, UC Berkley and the University of Illinois. TME has notable partnerships with the USC Alumni Association, MTV, Interscope Records, Def Jams, Finfo and Campus Gossip. TME's events have a unique "TME style" that is geared specifically to today's college age population, and the company's mission is to provide a blueprint to be used by aspiring college entrepreneurs across the country to build their own promotions and entertainment company at their University, giving all college students the opportunity to learn and play "TME style".
eWorld's President and CEO Henning Morales commented, "We are very pleased to announce our most recent strategic alliance with Trojan Man Entertainment. TME has done an outstanding job of creating and developing a unique marketing niche in the highly sought-after demographic of upscale college-age adults. We believe that our technologies will help TME expand their operations across the country much more quickly, and that TME in turn will provide eWorld with immediate access to a hard-to-reach and very desirable population group."
TME's CEO DaSean Cunningham added, "Our relationship with eWorld Companies is exactly what we need to bring high visibility of our events and concept to a nationwide audience. We already have a full slate of activities scheduled for the first half of 2008, beginning this month with our Santa Cruz launch event on January 11th and our USC Back 2 School Party on January 24th. We are excited that these and many other TME events will now be produced for international viewing through eWorld's Boomerang Media Station. We are also looking forward to participating in eWorld's official launch in Hollywood in February."
ABOUT EWORLD COMPANIES, INC.
eWorld Companies, Inc. is an online marketing & advertising technologies company that develops and markets cutting edge technologies using rich media, flash, animation and 3D graphics to help individuals and businesses market and advertise on the Internet. eWorld's distinctive online marketing and advertising abilities, coupled with their patent-pending and proprietary technologies, place eWorld in the forefront of what many industry insiders are calling the most exciting evolution in entertainment since the invention of television. The Company's patent-pending Boomerang Media System is a free software download that functions as "Guide to the Internet," providing immediate access to the Internet's hottest entertainment and gaming sites and displaying movies, music videos and other streaming content in state-of-the-art "near High Def" resolution. The Company also boasts its own content-production network called "PlayTV", has already secured agreements with a wide range of strategic partners and content providers, and plans to launch a 24-hour broadcast network over the Boomerang in early 2008. According to CEO and President Henning Morales, "eWorld's goal is nothing less than to become the 'HBO and the MTV of the Internet.'" eWorld's revenue model consists of six components: (1) advertising revenues; (2) affiliation fees; (3) affiliate monthly subscriptions; (4) product sales; (5) technology licensing; and (6) international marketing licensing fees.
For more information visit http://www.eWorldCompanies.com http://www.eworlde.com and/or or call (310) 471-7674.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
Web site: http://www.eWorldCompanies.com/ http://www.eworlde.com/