EWDI news,
eWorld Companies, Inc. Announces Joint Venture With Chavarri/Xalma of Spain to Design and Market Customized Boomerang Media Stations
Nov 14, 2007 9:58:00 AM
LOS ANGELES, Nov. 14 /PRNewswire-FirstCall/ -- eWorldCompanies, Inc. (Pink Sheets: EWDI) announced today that its operating subsidiary eWorld Entertainment, Inc. (eWorlde) has entered into a joint venture with Chavarri/Xalma of Spain which grants the latter the rights to design and market customized Boomerang Media Stations. Both companies will market the Boomerang worldwide, with eWorld Entertainment focusing primarily on the North American market and Chavarri/Xalma focusing primarily on Europe, Asia and Central and South America. Chavarri/Xalma's immediate goal will be to quickly expand eWorld's marketing reach throughout Europe and into Spanish speaking markets around the world, with additional markets to follow. The company's founders, Fernando Chavarri and Ricardo Xalma, have extensive experience in all aspects of the creation and marketing of web design, graphic design, and portal customization including multi-media graphics, and have enjoyed previous success together in numerous ventures including Aulatina.com and PGB.ES.
Commentary
In conjunction with this announcement, Henning Morales, CEO of eWorld Companies, Inc. commented, "We are very pleased to announce this joint venture with Chavarri/Xalma, and excited about the vast range of experience, expertise and international contacts that they bring to the table. The finalization of this agreement and the launching of this venture is a further indication of our commitment to expand eWorld quickly as possible to a worldwide audience. It is our stated intention to position eWorld Entertainment as a major international force and to eventually compete with industry leaders like Google (GOOG), Yahoo (YHOO) and Microsoft (MSN) in the areas of online advertising, Affiliate Marketing, and Internet marketing. We believe that this joint venture marks a major step forward toward the achievement of these goals."
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