WorldWinner Explodes in 2004 with Record Revenues

WorldWinner Explodes in 2004 with Record Revenues World's Largest Skill-Based Games Site Achieves 34 Percent Year Over Year Growth and Three Consecutive Cash-Flow Positive Quarters NEWTON, Mass., Jan. 20 /PRNewswire/ -- WorldWinner, Inc. (http://www.worldwinner.com/), today announced it closed 2004 with revenue growth of 34 percent over the previous year and achieved three consecutive operationally cash-flow positive quarters. The company also hosted a landmark number of online game competitions in Q4, reinforcing its position as the leading provider of skill-based games. With plans to aggressively pursue acquisitions, partnerships and new revenue streams, WorldWinner expects to continue increasing revenues by more than 30 percent in 2005. WorldWinner added 4.4 million new members to its growing community of online gamers in 2004, bringing total membership to 14 million. These members played an average of nine million games each month, helping WorldWinner host its 100,000,000th tournament in Q4 2004. WorldWinner's impressive game competition and revenue spikes were driven by acquisitions, partnerships and a diverse tournament schedule designed to satisfy the varying tastes of its players. The greatest surge in player activity surrounded charitable tournaments WorldWinner hosted to benefit the Susan G. Komen Breast Cancer Foundation. Players came together in a remarkable show of support, competing in more than 300,000 games that raised more than $60,000 for charity. "WorldWinner hit its stride in 2004, realizing meteoric revenue growth and expanding its community of players to create the largest network in the industry," said Stephen Killeen, WorldWinner president and CEO. "These milestones solidify our position as the clear leader in the online games space. We look forward to enhancing this momentum by forging new partnerships, adding fresh content and further positioning WorldWinner as the leading destination for online game competitions." Record Revenues with Co-branded Partner Sites Part of WorldWinner's success to date can be attributed to its partnerships with some of the largest games sites and Web portals on the Internet, including Yahoo!, Electronic Arts' Pogo and Lycos. Gamers visiting these sites can compete in tournaments of popular skill-based games, hosted by WorldWinner, for cash and prizes. "Featuring competitions for cash and prizes on Yahoo! Games has broadened our appeal to gamers who thrive on friendly rivalry and want to prove they're the best," said Geoff Graber, General Manager, Yahoo! Games. "Our partnership with WorldWinner has helped grow our industry-leading user base by keeping our competitive game players engaged in their favorite games and coming back to beat their friends and others." The Year Ahead As part of its growth strategy in 2005, WorldWinner expects to continue pursuing strategic partnerships and adding new content and programming geared to consumer demands. Among the new games planned this year, WorldWinner will introduce cash competitions of WildTangent's popular games Polar Bowler and Blackhawk Striker 2(R) in Q1. About WorldWinner, Inc. WorldWinner (http://www.worldwinner.com/) is the leading global provider of online games for cash and prizes, where the outcome of each competition is determined by the player's skill. With 14 million registered players internationally, WorldWinner hosts more than four million tournaments and awards millions of dollars in prizes every month. The privately held company was founded in 1999 and has received funding from leading venture capital firms, including Zero Stage Capital, HarbourVest Partners and Benchmark Capital. WorldWinner is headquartered in Newton, Massachusetts. Media Contact: Allison Rynak WorldWinner 617-614-3734 arynak@worldwinner.com Source: WorldWinner, Inc. CONTACT: Allison Rynak of WorldWinner, +1-617-614-3734, arynak@worldwinner.com Web site: http://www.worldwinner.com/ ------- Profile: International Entertainment