PHOENIX, Jan. 31 /PRNewswire-FirstCall/ -- THE NOW CORPORATION, a Nevada corporation (the "Company") (Pink Sheets: NWPN) has today announced the extension of the deadline by which shareholders of Para Mas Internet, Inc., a Nevada corporation ("Para Mas") may exchange their shares in Para Mas for shares of the Company on a share for share basis. The assets of Para Mas were recently acquired by the Company. To accommodate Para Mas shareholders that desire to retain an investment in the business operations of Para Mas, an offer has been extended to exchange shares of the Company for shares of Para Mas on a share for share basis. The offer was to expire on January 31, 2007. However, the offer has now been extended to March 31, 2007. Also, it has been determined to provide Para Mas shareholders with additional disclosure about the two companies prior to their need to make a decision about whether to exchange their shares. The additional information will be made available to applicable parties in the near future. DATASOURCE: THE NOW CORPORATION CONTACT: Gary R. Henrie, +1-702-616-3093, for THE NOW CORPORATION

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