Napster, Inc. and CornerWorld Corp., Pioneers in Independent
Distribution, Sign Agreement
DALLAS (Business Wire EON/PRWEB ) July 17, 2007 --
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.
See the original story at: http://eon.businesswire.com/releases/2007/07/prweb540341.htm
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