CornerWorld Offers PayPal’s Micropayments
New Service Encourages Sampling New Content by Easing Small
Digital Purchases
DALLAS (Business Wire EON/PRWEB ) July 24, 2007 --
CornerWorld Corp. (OTCBB: CWRL)
announced today that the Company is leveraging the new micropayments
services offered by PayPal, an Ebay, Inc. company (NASDAQ: EBAY), to
make low-cost digital content purchases easy, instant and convenient for
its members. Micropayments are an inexpensive way to process small,
individual payments and are designed especially for purchases less than
$2.
CornerWorld, a groundbreaking business management and social networking
destination that promotes and distributes original content, is
introducing micropayments to allow visitors to sample new content from
independent and professional creators worldwide without an annual
subscription fee or pre-funded payment accounts.
"CornerWorld is creating a secure digital marketplace where independent
artists can profit from their original work, and even set their own
price for selling their content. Simply by browsing, visitors discover
great new content rated by their peers," said President and Chief
Executive Officer of CornerWorld, Inc. Scott Beck. "As our offerings
continue to grow, visitors will enjoy an easy way to sample some of the
best work out there. PayPal’s micropayments
align with our commitment to offer a tremendous amount of power and
flexibility for both the independent creator, and the casual consumer."
The rapid evolution of user-generated digital content is a driving force
of micropayments, a recent innovation that empowers both creators and
their audiences. By being one of the first online destinations to tap
into this trend, CornerWorld is ensuring it leverages the best new
technology to encourage its users to explore and discover new content.
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/cornerworld/content/prweb542118.htm
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