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eWorld Companies, Inc.: Erick Hansen, Founder and CEO of BlueRay Technologies, Inc., Joins eWorld Advisory Board
Feb 21, 2008 (08:02 AM EST)

LOS ANGELES, Feb. 21 /PRNewswire-FirstCall/ -- eWorld Companies, Inc. announced today that Erick Hansen, Founder and CEO of BlueRay Technologies, Inc. has joined the company's Board of Advisors. Mr. Hansen was one of the original pioneers who helped develop DVD and energized the enormous industry and consumer conversion that replaced VHS. Now he is poised for a repeat performance with the revolutionary Blu-Ray technology.

Mr. Hansen has a vast knowledge of the technology and entertainment industries and is considered one of the industry's leading experts and brightest stars. He began his film industry career more than 20 years ago at MGM's Metro Color, a film processing and special effects laboratory, and over the years he has worked on countless projects with numerous industry leaders and icons including Roy Disney and Steven Spielberg. Mr. Hansen was the founder and president of HEI, a film distributor, and later went on to become one of the top technologists in the DVD industry, helping to create the first multi-angled DVD. Mr. Hansen founded the first DVD company in the United States in 1995 and the first independent DVD manufacturing facility in the world in 1997, and his involvement in the research and development of the Blu-Ray technology dates back to 1999 in Amsterdam, Netherlands. He is also considered an expert in various aspects of DVD technology including areas such as digital delivery systems, anti-piracy and anti-theft.


In response to this announcement, eWorld CEO Henning Morales issued the following statement, "We are very pleased that Erick Hansen has agreed to join our Board of Advisors. His wealth of knowledge and experience, as well as his active current involvement on the very cutting edge of entertainment technology, will be invaluable to our company as we move forward. We are honored to have him on our team and look forward to the valuable insights that he will bring to the table."


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 Companies, Inc. markets and distributes these technologies through its wholly-owned subsidiary eWorld Entertainment, Inc. (eWorlde) and its International network of Affiliates, users and strategic partners. eWorld's unique and patented Boomerang Media Station(R), named for its ability to return to the user's screen no matter what web site you visit, is a free software program that streams rich media within the actual application and remains ever-present as the user browses the Internet, offering the user one-click access to limitless entertainment experiences and convenience benefits. eWorld's WALRUS(R) system, which is downloaded along with Boomerang, continues to work in the background to provide assistance as the user searches, surfs or shops the Net, suggesting relevant topics, products and services based on the each user's browsing and searching habits. The Company's revenue model consists of six major components: (1) Advertising Revenues; (2) Affiliation Fees; (3) Affiliate Monthly Subscriptions; (4) Product Sales; (5) Technology Licensing; and (6) International Marketing License Fees.

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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.

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