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CornerWorld [CWRL.PK] Prepares to Join Bulletin Board by Filing SEC Form 10

DALLAS, TX--(Marketwire - 05/31/11) - CornerWorld Corporation (Pinksheets:CWRL - News) announced that it has filed Form 10, general form for registration of securities, with the Securities and Exchange Commission in preparation to rejoin the FINRA-regulated OTC Bulletin Board."Though CornerWorld has been timely filing our operating results for the last several years, this decision to move from a voluntary filer status to a mandatory filer exemplifies the commitment of our company to timely report our results while helping us better develop our exposure to the investment community," said CEO Scott Beck.CornerWorld, a leader in digital marketing and telecommunications, was recently named the fastest-growing public company in North Texas by the Dallas Business Journal and is currently listed on the OTC Markets under their OTCQB market tier (http://www.otcmarkets.com/stock/cwrl/quote).About CornerWorld CorporationCornerWorld holds a business critical patent that is the foundation for annually connecting millions of consumers to clients and customers using mobile devices and the Internet. The Company is primed to continue to take advantage of how people use Internet and mobile devices to purchase services and products that add value to their lives. More information is available to investors at www.cornerworld.com.CornerWorld's Trading Symbols
CornerWorld trades Over-The-Counter as OTCQB: CWRL. CornerWorld has also been referenced in financial syndication as CWRL.OB, CWRL.PK and PINK:CWRL.CornerWorld Forward-Looking StatementsThe statements in this news release relating to matters that are not current or historical facts are forward-looking statements. Such forward-looking statements are based on current plans, estimates and expectations. Forward-looking statements are based on known and unknown risks, assumptions, uncertainties and other factors. CornerWorld's actual results, performance, or achievements may differ materially from any future results, performance, or achievements expressed or implied by such forward-looking statements. CornerWorld undertakes no obligation to publicly update or revise any forward-looking statement.