Continuing in its progress, World Entertainment Corp. (PINK SHEETS:WETM) today announced that it has successfully completed testing of its portal of BINGO-related entertainment and social networking for cellphone users and its integration with the major wireless carriers across the U.S. A formal launch is next. According to a recent report by Juniper Research, mobile entertainment is expected to generate worldwide revenues of more than $59 billion by 2009, with games as a key driver. Among games, BINGO may be the most popular game in the world, with avid BINGO players of all ages on every continent, as well as on-line at numerous internet sites. "We are delighted to be one step closer to offering innovative BINGO-related mobile services that bring together entertainment and social networking for cellphone users across North America," said a spokesman for World Entertainment. "Customers of Alltel, AT&T, Boost, Cingular, Midwest, Nextel, Sprint, T-Mobile and Verizon will be able to easily access the services on their cellphones." When launched, nearly 200 million cellphone users will be able to interact anytime, wherever they go for BINGO-related mobile media services including: BINGO news and alerts (what's going on); sweepstakes (chances to win daily and monthly prizes and cash); a daily text "Fortune Cookie" (see how lucky you are each day, advice for when you're at your wits' end, humor, etc.); and a chat service (meet new friends, find where the best jackpots are, etc.). World Entertainment is working with several companies as to the best methods of developing, managing, and marketing the mobile services for maximizing their success. These companies were chosen for their experience and know how in the areas of mobile services, marketing, sweepstakes, and social networks. World Entertainment will continue to add compelling, BINGO-related content for mobile phones. On-line and land-based BINGO operators who are looking for alternative means to improve their operations and to add value to the whole bingo gaming experience are invited to contact WEC. About World Entertainment Corp. WEC is an emerging provider of Internet gaming software including its BINGO software that features live web-cast ball calling; interactive chat; and its unique Mega BINGO Bucks progressive networked jackpot. WEC brings expertise, proprietary software and strong industry leadership to BINGO and online gaming. For more information, please visit: www.worldentertainmentcorp.com or send an e-mail to Info@worldentertainmentcorp.com. Forward-Looking Statement The statements in the press release that relate to the company's expectations with regard to the future impact the company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since the information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. World Entertainment Corp. (PINK SHEETS:WETM)
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