CornerWorld Acquires Leadstream
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DALLAS, Sept. 3 /PRNewswire-FirstCall/ -- CornerWorld Corporation (OTC Bulletin Board: CWRL) announced today that it has acquired Leadstream, LLC (www.theleadstream.com). Leadstream is a technology-oriented direct response marketing company. Using its proprietary technology, the company identifies qualified leads for advertisers thereby connecting them with potential consumers. Leadstream utilizes a pay-for-performance pricing model which is very appealing to clients because it insures that they are billed solely for campaign performance. "Leadstream has pioneered the methods and technology to deliver hundreds of thousands of new customers for the clients and agencies they serve," said Scott Beck, CornerWorld CEO. "The Leadstream team's expertise will assist Cornerworld.com to access more users and a broader consumer market through new Leadstream customer acquisition channels." Leadstream's flagship services are delivered through the Leadstream Agency and the proprietary online media buying auction platform, Enversa (www.enversa.com). The company delivers competitive advantage to its clients by increasing market reach and lowering marketing costs. Leadstream marketing experience includes companies and brands Galderma Laboratories, Pfizer, Flip Video, Genentech, Samsung Telecommunication America, LLC, Monster.com, Boehringer Ingelheim and The MS Society. Leadstream is heavily invested in emerging ad network platforms and industry specific portal technologies, including the One Question Network (www.onequestionnetwork.com) and ThePharmaCenter.com. Additionally, the company is advancing the Enversa auction site to a full-fledged media network exchange. "Leadstream is benefiting from the fragmentation of mass media audiences," said Leadstream President Marc Pickren. "Marketing decision makers are looking for expert advice on how to cope with the demand for new success measurements. We have built a marketing model that does exactly that, delivering online results beyond the click, and providing the pivotal first step in delivering real ROI data to both brand and direct response marketers." Pursuant to the terms of the Share Exchange Agreement, CornerWorld acquired 100% of Leadstream, LLC for 3,600,000 common shares of CornerWorld Corporation and a $1,500,000 seller note. Leadstream, LLC merged with Enversa Companies, LLC a wholly owned subsidiary of CornerWorld Corporation. Leadstream will now operate under the new name Enversa Companies, LLC (www.enversacompanies.com). About CornerWorld Corporation 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 (www.cornerworld.com). About Leadstream, LLC. Founded in 2005, Leadstream is an interactive direct response marketing company that uses Internet, Event, Mobile Phone and Experiential marketing strategies and technologies to connect its clients with target consumers. The Leadstream uses an established media auction technology to deliver significantly more inventory than current market rates. The Leadstream effectively enables media properties to compete against each other, empowering advertisers to extend their marketing budgets beyond typical marketplace levels through fair and free market competition. For more information, visit (www.theleadstream.com). 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. SOURCE CornerWorld Corporation Joel Brewer, Media Relations Manager of CornerWorld Corporation, +1-214-442-8287
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