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eWorld Companies, Inc.: eWorld Companies Board of Directors Approves Offer for Purchase of Outstanding Shares at 1.9 Cents

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^{Published in Business and Finance on Thursday, September 10th 2009 at 11:05 GMT, Last Modified on 2009-11-02 11:46:39 by Market Wire}  

LOS ANGELES, CA--(Marketwire - September 10, 2009) - eWorld Companies, Inc. (PINKSHEETS: [ EWRC ]) announced today that its Board of Directors has approved an offer for purchase of all outstanding shares at 1.9 cents a share pending completion of due diligence and approval by their attorneys. Upon completion of this due diligence and approval, the company will make a recommendation to its shareholders.

ABOUT EWORLD COMPANIES, INC.

eWorld Companies, Inc. markets and distributes cutting edge Internet technologies through its International network of Affiliates, users and strategic partners. eWorld's patent-pending Boomerang Media Station™ features exclusive and third-party movies, music videos, webcasts and other streaming video content delivered via its unique state-of-the-art high-definition quality video player. Boomerang 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. For more information visit [ www.eworldcompanies.com ] or call (310) 471-7674.

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of eWorld Companies, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.