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Worlds Online Files SEC Form 10 for Proposed Spin-Off From Worlds Inc.

BOSTON, MA--(Marketwire - 06/13/11) - Worlds Online Inc. has filed a Form 10 Registration Statement with the Securities & Exchange Commission related to the proposed spin-off of its online and operational technologies businesses from Worlds Inc. (OTC.BB:WDDD - News) (formerly known as Worlds.com Inc.). Worlds Inc. expects to make the Worlds Online share distribution following the SEC completing its review of the registration statement. Worlds Online intends for its stock be quoted on the OTC Bulletin Board following the distribution of its securities."Per our previously announced plan, we have moved forward with the guidance of our legal, accounting and banking advisors toward a timely filing in order to provide value to our shareholders. We are exploring strategic opportunities that we believe may be synergistic to our core strengths as well as enhance shareholder value," said Worlds CEO Thom Kidrin.Following SEC completion of the registration statement review, Worlds Inc. will mail to its shareholders of record, as of the close of business on the record date, May 16, 2011, the final form of the registration statement along with the stock certificates of Worlds Online.About Worlds Inc.:
Worlds Inc. (f.k.a. Worlds.com) was founded in 1994 and utilizes its patented 3D technology in partnership with brand leaders in specific market segments to offer 3D multi-user environments, known as "virtual worlds," that have interactive Avatars, rich media graphics, text chat, voice-to-voice chat, video and e-commerce. The 3D communities allow visitors to interact with each other, teleport throughout the Worlds environment as well as participate in shared experiences. Besides partnering with existing content providers that have strong brands and an existing following, Worlds also encourages individuals to create their own virtual spaces, communities and unique Avatars with easy-to-use tools. Worlds was, and remains, true "social networking" well before the term became mainstream. Visit www.Worlds.comForward Looking Statements
This release contains certain forward-looking statements and information relating to Worlds Inc. that are based on the beliefs of Worlds' management, as well as assumptions made by and information currently available to the Company. Such statements reflect the current views of the Company with respect to future events including estimates and projections about its business based on certain assumptions of its management, including those described in this Release. These statements are not guarantees of future performance and involve risk and uncertainties that are difficult to predict, including, among other factors, changes in demand for the Company's services and products, changes in the economic environment and changes in technology. Additional risk factors are included in the Company's public filings with the SEC. Should one or more of these underlying assumptions prove incorrect, actual results may vary materially from those described herein as "hoped," "anticipated," "believed," "estimated," "preparing," "expected" or words of a similar nature. The Company does not intend to update these forward-looking statements.