Worlds.com Reports Revenue
Up 85% For Second Quarter

Revenue In First Half of FY 2000
More Than Total For FY 1999

Old Greenwich, CT, August 16, 2000 – Worlds.com (OTC/BB: WDDD), the leading three dimensional (3D) entertainment portal on the Internet, today reported second quarter revenues of $333,741, and a net loss of $2,526,762, or $.13 per share, for the quarter ended June 30, 2000.

This compared to revenue of $57,748, and a net loss of $825,643, or $.05 per share, for the comparable 1999 period.

For the first six months of 2000, the Company had revenue of $513,764, and a net loss of $4,535,257, or $.24 per share, compared to revenue of $92,925, and a net loss of $153,881, or $.08 per share, in the same period of 1999.

Sequentially, second quarter revenue increased 85 percent over the $180,023 reported for the first quarter of 2000. Revenue for the entire year of 1999 was $507,499.

“The revenue growth, quarter-to-quarter, is a clear indication,” said Steven G. Chrust, chairman, “that our new management team is making progress and the Internet is ready for 3D experiences.

“The fact that our revenues in the first six months of 2000 exceeded our total revenues for all of 1999 indicates our potential in the Internet marketplace despite limited resources,” he said. “We are making steady progress toward our goals and continuing to pursue additional content and hosting partners in the U.S. and internationally, leveraging our technical experience with content and distribution.”

The Company reported increased revenue, quarter to quarter, in all categories: e-commerce, advertising, subscriptions, licensing and hosting fees. The Company does not break out revenue by category.

During the quarter, the Company implemented its advertising sales agreement with 24/7 Media and as a result was involved in campaigns for 91 advertisers. The Company also signed an agreement with British Telecom (NYSE: BTY) to provide two 3D sites for that company’s Internet sites.

About Worlds.com
Worlds.com, the Internet’s premier 3D entertainment portal, leverages its proprietary technology to offer visitors a network of virtual, multi-user environments that have rich media graphics, text chat, voice-to-voice chat, streaming video and e-commerce. The environments are focused around entertainment interests and targeted communities such as music, sports, and general entertainment environments. In the Worlds’ Avatar Gallery, visitors select an avatar (3D character), and customize it into a personal virtual representation of themselves. The avatar is used to travel in and through the various virtual environments and participate in interactive activities involving entertainment, promotions, or e-commerce. Avatars can chat with one another, dance in a nightclub, e-shop, watch video clips and participate in other activities.

Worlds.com is headquartered in Old Greenwich, CT . For more information on Worlds.com, please contact Andrew Silver &/or Rebecca Fitts, Middleberg & Associates, (212) 699-2589/2663, andys@middleberg.com / rebecca@middleberg.com.

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.

Contacts:
Steven Chrust Worlds.com (203) 326-7600 schrust@worlds.com	Andrew Silver / Rebecca Fitts Middleberg & Associates (212) 699-2589/2663 andys@middleberg.com rebecca@middleberg.com