3D INTERNET LEADER WORLDS.COM
NAMES MARKETING VET TO KEY POST
Boston, Sept. 15, 1999 -Worlds.com (OTC: WDDD), a leading provider of three dimensional (3D) technology for the Internet, today named Debra Sito executive vice president of marketing and business development.
Sito, who will report to Worlds.com chairman Steven G. Chrust, will be responsible for providing leadership to the company's marketing and advertising efforts as well as developing business alliances and joint ventures for the company.
Sito, 34, was formerly director of marketing for Ticketmaster Online-City Search Inc., where she created partnerships with traditional and on-line companies. Prior to that, she was new business development manager for News Corporation, where she was involved with marketing and strategic investments for the Sydney-based company.
"Debra brings a wealth of experience to Worlds.com," said Chrust. "Her experience in E-commerce and the execution of joint marketing programs will provide us with a skill and proven success level that will help us execute our strategic growth plan."
Sito said: "The 3D technology of Worlds.com will drive a truly revolutionary, quantum leap in the consumer experience in the Internet. This is an opportunity to apply my skills and utilize my background in an environment that could dominate current and new applications on the Internet in advertising, E-commerce and on-line community development."
A graduate of Hofstra University, Sito has an MBA from Harvard Business School. She resides in New York City where she will be headquartered. She was most recently an advisor to Pegasus Investors LP, a private equity fund.
Worlds.com creates, markets and operates three-dimensional, interactive, multimedia, virtual environments for and in the Internet, employing proprietary technology. Worlds.com's Internet software and broadband content are delivered and installed via broadband, interactive cable networks or embedded on traditional audio CDs or ISP access CDs. They form the basis for multi-user chat, E-commerce and advertising forums as well as on-line communities.
Worlds.com has crated a unique Avatar Gallery, with more than 100 characters (avatars) and thousands of customizable variations, which on-line users can employ to interact or communicate in a real time, interactive environment. Worlds.com can be accessed at www.worlds.com.
Forward-looking Statements. Except for any historical information
contained herein, the matters discussed in this news release contain
forward-looking statements that involve risks and uncertainties that could
cause actual results to differ materially from those set forth in the
forward-looking statements. These risks and uncertainties are described in
the Company's filings with the SEC. Given these uncertainties, prospective
investors are cautioned not to place undue reliance on such
forward-looking statements. The Company disclaims any obligation to
update any such factors or to announce publicly the results of any
revisions to any of the forward-looking statements contained herein to
reflect future events or developments.