Groundbreaking Platform Enables Content Creators to Control and Sell Their Works
DALLAS -- Cornerworld Corp. (OTCBB: CWRL) announced today that the Company has completed the previously announced integration of PayPal’s micro payment solution and launched its payment engine, which is now live and available for all registered users on www.cornerworld.com.
CornerWorld’s new micro payment service, the first of its kind to be specifically tailored to the needs of independent amateur and professional content creators, offers users the ability to control, set pricing to and monetize downloads of original content starting at the initial price-point of $.10. Additionally, professional level users will have the ability to track sales and have access to an array of other transaction data including, but not exclusive to, audience geo-targeting.
The new service, coupled with the Company’s distribution partnership with digital platform leader, Napster, now gives independent content creators the ability to sell their content on CornerWorld’s open platform along side professional content from artists such as Madonna and Coldplay.
“Creators needn’t be exploited,” said Scott Beck, Cornerworld CEO and co-founder. “CornerWorld is the penultimate space for independent artists to share their worldview and easily build a business with their talent and voice.”
CornerWorld has also completed new improvements to the site’s search functionality that will enable users to more accurately search for and find other users – by username, first name or surname, audio files, video files, picture files and classified ad’s with greater ease than before.
About CornerWorld Corp.
Cornerworld is a free, groundbreaking business management and social networking platform that empowers independent content creators to share and profit from their skill, offering a mash-up of the best Web 2.0 Building from the lessons and success of its predecessor, Cornerband.com, 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 in an intuitive, trusted, grassroots environment. Cornerworld adds live video feeds and capture to enhance the social networking aspects of content sharing, and inserts new functionality that displays, rates and encourages interaction. Cornerworld is easy to visit and free to join in four levels of membership: amateurs, rated amateurs, instant professionals and professionals. For more information, visit http://www.cornerworld.com.
FOR FURTHER INFORMATION:
Investors are invited to visit the CornerWorld IR Hub at http://www.agoracom.com/IR/CornerWorld where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to CWRL@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.
Safe Harbor
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.
Contact: For Cornerworld Corp.
Investor Contact:
Seventh Circle Consulting, LLC
Christine J. Petraglia, 646-354-8886
or
Media Contact:
Kelly Larabee, 602-258-1416
Kelly@envoy2.com
