WORLDS.COM PRESIDENT CITES
SIGNIFICANT INTERNET E-COMMERCE GROWTH
IN COMPANY'S 3D ENVIRONMENTS
STAMFORD, CT-January 7, 2000 - Thom Kidrin, president of Worlds.com (OTC/BB: WDDD), said today that the Internet is beginning to adapt to the interactivity and vitality that three-dimensional (3D) technology can provide in entertainment, advertising and e-Commerce.
In remarks prepared for delivery at the closing session of the Year 2000 Consumer Electronics Show (CES) in Las Vegas, Kidrin said, "Worlds.com has experienced significant increases in e-Commerce activity on its 3D sites." In the third quarter 1999, Worlds.com revenue increased 157 per cent over the previous quarter. The Company provides 33 e-Commerce sites to such as entertainers as David Bowie, Elton John, Hanson, Shania Twain and Britney Spears.
Worlds.com is also the exclusive 2D and 3D chat provider for Freeserve in the United Kingdom and FOR Road Runner, through its Hang@worlds.com site, in the United States.
"Our experience is," said Kidrin, "that there is a rapid adoption rate among businesses when paired with consumer communities devoted to common interests, such as sports or music. For instance, when we offered a special CD for Hanson in June, the download installation rate was 38 percent, an extremely high number, and Hanson members spent an average of 268 minutes per month in HansonWorld."
Kidrin's remarks will be delivered at the 1 p.m. Saturday, January 7, session of the CES show at the Las Vegas Convention Center. The panel will be devoted to "Building Compelling 3D Communities, and e-Commerce Venues on the Internet."
Prior to joining Worlds.com in 1996, Kidrin was the founder and president of The College Television Network, the largest private commercial television network on university campuses in the United States. Before joining College Television, Kidrin co-founded Motown Interactive, a multimedia publisher for Nintendo and Sega, and co-founded American Softworks Corporation, a Nintendo, Sony and Sega third party licensee.
Forward Looking Statements. Except for any historical information contained herein, the matters discussed in this news release contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. These risks and uncertainties are described in the company's filings with the SEC. 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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