CornerWorld Corp. (fka CWRL)

[stockster08]

CWRL NEWS!!!!!!!!!!


Napster, Inc. and CornerWorld Corp., Pioneers in Independent Distribution, Sign Agreement

DALLAS, Jul 17, 2007 (BUSINESS WIRE) -- CornerWorld Corp. (OTCBB: CWRL) announced today that the Company, in preparation for its highly anticipated web site debut, has finalized a distribution agreement with Napster, Inc. (NASDAQ: NAPS), the pioneer of digital music, in order to amplify its independent artists' exposure to audiences worldwide.
CornerWorld - a groundbreaking business management and social networking destination focused on the promotion and secure distribution of content from original, independent and professional creators - enables artists and individuals to control how their content is downloaded, sampled, and priced to others. By distributing with Napster, where members can search, preview, purchase and subscribe to music from virtually all record labels, CornerWorld allows its content creators seamless access to Napster's significant and ever-expanding worldwide user base.

According to the terms of the contract, CornerWorld will grant Napster the non-exclusive right to reproduce and distribute original content from CornerWorld as a part of their subscription service and digital music store. CornerWorld members will opt-in to Napster for distribution and to enhance their exposure via Napster's network.

"CornerWorld is the place where professional and amateur creators alike can express themselves in a secure, trusted environment," said CornerWorld Chief Executive Officer Scott Beck. "We are committed to forming alliances with best-of-breed companies, like Napster, so our members can achieve the greatest exposure to true and new audiences, and profit from their original work."

About CornerWorld Corp.

Launching Summer 2007, CornerWorld Corporation (OTCBB: CWRL), provides an interactive Web-based platform for both amateur and professional creators of original content, their fans, friends and families, to connect with one another in an intuitive, secure and grassroots environment. Building from the success of its predecessor, Cornerband, CornerWorld takes social networking to the next level: allowing all users to stream live video feeds, share pictures, files, music, video, opinion; send and receive emails, live chat, and create interactive classified ads and invitations. What's more, CornerWorld offers free "business manager" services for anyone with sellable content. From comedians to candidates, musicians, models and movie-makers, CornerWorld is committed to celebrating individuality and fostering creation. CornerWorld is currently free to join in four levels of membership: amateurs, rated amateurs, instant professionals and professionals. The Company earns revenues through online advertising in addition to sharing revenue generated by the sale of member-created content and intends to continue developing additional features that will generate incremental revenue as "premium" offerings on a pay-per-use basis. For more information, visit http://www.CornerWorld.com.

Safe Harbor Statement

This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements can be identified by the words, "expects," "continues," "projects," "hopes," "believes," "could," and other similar words. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations and are not statements of fact, actual events and results may differ materially from those projected. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.