CornerWorld [OTCBB:CWRL] Releases September 2009 CEO Newsletter

Tuesday, 09. 22. 2009  –  Category: CornerWorld Corporate

DALLAS, TEXAS September 22 2009—CornerWorld Corporation [OTCBB: CWRL] CEO Scott Beck issued a letter to shareholders, investors and other interested parties today, providing an update on the company’s progress.  The letter reads as follows:

To our Shareholders, Investors and other interested parties:

August was a milestone month for CornerWorld Corporation (“CornerWorld” or the “Company”) and its wholly owned subsidiaries, the Enversa Company (“Enversa”) and Woodland Holdings (“Woodland”) which includes RANGER Wireless Solutions (“RANGER”).  Since my last correspondence, we filed our first quarter 10-Q for the fiscal year ended April 30, 2010.  In addition, we initiated several exciting new activities across our various business lines.

CornerWorld Financial Update

As detailed in our recently filed Form 10-Q, CornerWorld continues to generate positive operating cash flow and service the financial commitments to the debt incurred in the Enversa and Woodland acquisitions.  With the timely filing of our Form 10-Q, the Company has moved to a formal monthly close and consolidation. In fact, in future mailings I will use this space to provide selected operating and financial data.  Of particular note is the fact that the Company continues to strengthen its cash position by billing and collecting large annual fees to certain of our customers while simultaneously making aggressive cost cutting procedures.  Finally, we identified and hired a new CFO who will join me in taking responsibility for the integrity of our financial information.

CornerWorld Conducts Operational Efficiency Programs

Our staff continues their efforts in assessing and streamlining our organization.  This past week, CTO David Cook initiated a technology and infrastructure audit as part of a larger objective of identifying opportunities to save money and minimize resources within the organization.  Additionally, our Legal and Regulatory team just completed a full review of CornerWorld patents and trademarks for our assets.  Currently, our company holds one patent, ten trade and service marks and one provisional patent.

611 Roaming Service Reports Strong Call Activity in August

RANGER Wireless Solutions continues to show solid call activity in 2009, with 10,166,948 calls processed as of the end of August.  During the month of August alone, 1,354,781 calls were received and processed by our patented application. This compares favorably with call volumes both from July 2009 as well as August 2008.  From a geographic perspective, the highest calls volumes came from Pennsylvania, Texas, New York, Georgia and Wisconsin.

For the month, the highest volumes of traffic occurred from 1:00 to 2:00 pm EST, with Wednesdays showing to be the busiest days.  The highest volume day of the month occurred on Wednesday August 26, 2009, with 54,171 calls coming in to 611 Roaming Service.

Enversa’s HelpingPsychology.com Now Available on Amazon Kindle

This month, Enversa announced that their site HelpingPsychology.com is now available on Amazon’s Kindle Reader.  Part of Enversa’s enContent product line, HelpingPsychology.com is a guide to learning more about the Psychology profession and the opportunities that are available in this dynamic discipline.  With its relevant and unbiased information for prospective students and Psychology practitioners, HelpingPsychology.com is ideal content to make available to portable devices like the Kindle.

Enversa Expands Relationship with Salesforce.com

In an effort to increase sales activities in the pharmaceutical industry, Enversa has agreed to strengthen its relationship with cloud computing company Salesforce.com.  According to Enversa President Marc Pickren, “Salesforce.com gives us the control to better manage prospect relationships.  Our sales team is now able to satisfy our Company’s need for ‘on demand’ reporting as well as provide our executive team with critical information.  Our current database has in excess of one thousand key contacts across the entire spectrum of the pharmaceutical industry and we need to ensure that we are staying in front of their lead generation, mobile and social media marketing campaign needs.”

Enversa also added Mobile Social Networking Solutions to its mobile service offering.  This builds upon their service portfolio in the mobile marketing space by joining mobile messaging, mobile blast, mobile coupon service and mobile websites.  Doing so will take advantage of the fact that mobile devices enjoy up to 100% penetration in 30 countries and, as eMarketer published in May 2009, is at 91.4% penetration in the United States.

T2TV Approved for Franchise Agreement in Coopersville, Michigan

Our IPTV entity, T2TV, continues to expand its serviceable areas with expansion into Coopersville, Michigan.  On August 31, 2009, the Coopersville City Council approved T2TV’s franchise agreement to allow T2TV to offer its next-generation television service to area homes and businesses.  This is the eighth franchise agreement T2TV has received so far this year.

Once again, thank you for your continued support of CornerWorld. We look forward to sharing more exciting news with you next month.

Sincerely,
Scott N. Beck
Chairman of the Board and Chief Executive Officer

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About CornerWorld Corporation

CornerWorld Corporation is a marketing and technology services company creating opportunities from the increased accessibility of content across mobile, television and internet platforms. The key asset is the patented 611 Roaming Service™ from RANGER Wireless Solutions®, which generates revenue by processing calls from roaming wireless customers and seamlessly transferring them to their service provider. CornerWorld has offices in Dallas, Texas, Holland, Michigan and New York, New York.

CornerWorld trades as an Over the Counter Bulletin Board stock under the ticker CWRL. More information regarding CornerWorld is available to investors via the Investor Relations page of the company’s web site at www.cornerworld.com.

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Certain statements contained in the Newsletter may be forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements involve a number of risks and uncertainties and can generally be identified by words such as “believes,” “expects,” “plans,” “intends,” “projects,” “forecasts,” “may,” “will,” “should,” “on track” or “anticipates,” or the negative thereof or comparable terminology, or by discussions of vision, strategy or outlook. 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 results may differ materially from those projected by any forward-looking statements. 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. 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.

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