CybeRelease: (OTC: CWRL) Offers PayPal’s Micropayments
(CybeRelease, July 24, 2007) - Lake Harmony, PA - CornerWorld Corp. (OTC BB: 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.”
PayPal and CornerWorld
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
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