eWorld Companies, Inc. Establishes Strategic Alliance With Hemophilia Foundation of Southern California

LOS ANGELES, Feb. 26  /PRNewswire-FirstCall/ -- eWorld Companies, Inc. (Pink Sheets: EWRL) announced today that its operating subsidiary eWorld Entertainment, Inc. has entered into a long-term strategic alliance with the Hemophilia Foundation of Southern California ("HFSC"). Under the terms of the agreement, eWorld and HFSC will engage in a series of cross-promotional activities in which eWorld will promote and advertise HFSC and its events and activities on its Boomerang Media Station, and HFSC will promote eWorld and its technologies, including PlayTV and the Boomerang Media Station, at its events and on its website. The two companies will also be represented and promoted at each other's events, and will work together to explore additional ways to promote one another's activities through both individual and joint events, contacts and activities.

The mission of the HFSC is to improve the quality of life and build community for families living with hemophilia or other bleeding disorders by (1) offering a variety of programs and services that educate, advocate and support the needs of the bleeding disorders community, (2) informing the general public and government entities about hemophilia and other bleeding disorders, and (3) supporting medical research seeking improved treatments, and ultimately, a cure for hemophilia and associated complications

Henning Morales, CEO of eWorld Companies, Inc. commented, "We are very pleased to announce this strategic alliance with the Hemophilia Foundation of Southern California. eWorld is strongly committed to supporting charitable organizations and we are very impressed with the both the nature and quality of HFSC's wide-ranging programs for the victims and families of those suffering from this disorder. Both eWorld and HFSC have deep roots in the Southern California community, which we feel makes this alliance a 'natural' and provides us with a tremendous opportunity to make a real difference in the well-being of a large number of people. eWorld will also benefit from the massive exposure it will receive through HFSC, which we expect will help us more quickly reach our initial goal of one million free downloads of our Boomerang Media Station by fourth quarter 2008".

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/ 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. 

eWorld Companies, Inc.