3D Internet Leader Worlds.com Names Marketing Vet to Key Post.BOSTON--(BUSINESS WIRE)--Sept. 15, 1999-- Worlds.com (OTC-BB:WLDI WLDI Women, Law & Development International ), 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 quantum leap n. An abrupt change or step, especially in method, information, or knowledge: "War was going to take a quantum leap; it would never be the same" Garry Wills. 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 Hofstra University (hŏf`strə, hôf`–), at Hempstead, N.Y.; coeducational. Founded as a division of New York Univ. in 1935, it became independent in 1940, and its name was changed to Hofstra College. , Sito has an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . She resides in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. where she will be headquartered. She was most recently an advisor to Pegasus Investors LP, a private equity fund. About Worlds.com 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 Inserted into. See embedded system. on traditional audio CDs or ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . 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 to any of the forward-looking statements contained herein to reflect future events or developments. |
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