WORLDS INC. ANNOUNCES INTERNET AGREEMENT
WITH POLYGRAM MERCHANDISING, INC.
Plans To Create Online 'SuperStars SuperStore'
Worlds to have Debut Press Conference for
First 3D Internet 'SuperStars SuperStore.com'
on Tuesday, November 24th
New York, NY – October 12th, 1998 – Worlds Inc. ("Worlds"), a pioneer in the development of 3D Internet technology, and PolyGram Merchandising Inc. ("PolyGram Merchandising"), one of this country's leading licensees of recording artist merchandise, including collectibles, announced the signing of an agreement that will permit Worlds to develop, maintain and operate a 2D, or traditional HTML, as well as a 3D Internet website, through which Worlds will promote and sell the merchandise of PolyGram Merchandising's licensed artists, utilizing Worlds' proprietary Internet technology and content. Worlds 3DCD™ Internet software and content permits animation and motion on the Internet, including a user's ability to experience moving into and out of various spaces via the selection of an avatar (one's alter ego character) for self-representation on the Internet.
Among the recording artists and others whose products are licensed by PolyGram Merchandising and whose products will be sold by Worlds in the online 'SuperStars SuperStore.com' are (in alphabetical order) All Saints, David Bowie, Billy Ray Cyrus, Hanson, Elton John, John Mellencamp, Shania Twain, The Spice Girls, Sting, U2, and Warren G, among others.
Thom Kidrin, President and CEO of Worlds, said "this Agreement with PolyGram Merchandising further reinforces Worlds' growing recognition in the area of 3D Internet technology and content as this relates to the music, and now, music merchandise industry." Tom Bennett, President and CEO of PolyGram Merchandising, noted that "this relationship with Worlds affords PolyGram Merchandising with an opportunity to allow consumers worldwide to purchase PolyGram Merchandising licensed artist merchandise over the Internet, one of the fastest growing major commerce environments of the twentieth century."
A Press Conference debuting the launch of Worlds' 'SuperStars SuperStores.com' is planned for Tuesday, November 24th. After the launch, Internet users may access Worlds' traditional 2D or HTML Internet 'SuperStars SuperStore' by the URL 'www.WorldsStore.com' or 'www.SuperStarsSuperStore.com.' Worlds 3D Internet 'SuperStars SuperStore' can be accessed by using Worlds 3DCD™ which are scheduled for press distribution at the Press Conference and mass distribution in December.
About Worlds Inc. 3D Internet Technology and Content
Worlds 3DCD™ Internet software and content embedded on traditional audio CDs, as an enhanced, value added feature, permits animation and motion on the Internet. Worlds 3DCD™ software and content permit online users to experience moving into and out of various spaces via the selection of an avatar (one's alter ego character) for self-representation on the Internet. Worlds Avatar Gallery has over 100 different characters (avatars) from which an online user may select his or her online character, be it a real person, an animal, a cartoon character, or even a bird. These online users can also meet other avatars with whom they can communicate in various ways, including, but not limited to traditional text chat or real voice-to-voice chat; these users can even wave to and dance with one another and exhibit numerous other behavior patterns, all in a highly interactive, real time, online environment.
Forward-looking Statements. The information herein contains forward-looking statement that involve a number of risks and uncertainties. A number of factors could cause actual results, performance, and achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the competitive environment, inflation, changes in costs of goods and services, economic conditions in general and in the Company’s business, demographic changes, changes in the availability of and terms of financing to fund the anticipated growth of the Company’s business, the ability to attract and retain qualified personnel, changes in the Company’s capital expenditure plans, and other factors referenced herein and in the Company’s filings with the SEC. In addition, such forward-looking statements are necessarily dependent upon assumptions, estimates and dates that may be incorrect or imprecise and involve known and unknown risks, uncertainties and other factors. Accordingly, any forward-looking statements included herein do not purport to be predictions of future events of circumstances and may not be realized. Forward-looking statements can be identified, by, among other things, the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," "seeks," "anticipates," "intends" or the negative of any thereof, or other variations thereon or comparable terminology, or by discussions of strategy or intentions. Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.
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