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One World Ventures, Inc. Announces Impressive Growth at 1World Cash and the Opening of a New Location

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  Published in House and Home on Thursday, July 15th 2010 at 8:30 GMT by Market Wire
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LAS VEGAS, NV--(Marketwire - July 15, 2010) - One World Ventures, Inc. (PINKSHEETS: [ OWVI ]) subsidiary, 1World Cash, a money transfer service, announced revenue growth of over 60% for June over May and sales in the first 15 days of July have surpassed June's totals. "We are undertaking tremendous growth," said Stephen Prior, CEO. "We are expanding our cost effective remittance system and increasing our market exposure. The Company also increased our membership by 500 customers in the month of June."

One World also announced the opening of a new 1World Cash retail location at Planet Square in Hunghom, Hong Kong. The Planet Square center is in the heart of Kowloon and serves both Filipino and Indonesian overseas workers with shopping, food, freight and remittance capabilities.

Furthermore the Company is pleased to announce that it has signed an agreement with "Citi Express Payment," a business providing at home delivery of remitted money in Metro Manila and in the remote provinces of the Philippines. This service will be available at 1World Cash locations immediately and further enhances the delivery system to the underbanked and underserved.

After the successful launch of the 1World Cash within the World Wide House in Hong Kong, the Company continues to embark on rapid expansion to take advantage of growth opportunities. The Company re-affirms its goal to open 10 locations and agents in Hong Kong and opening 1World Cash Locations in Macao and Singapore before the end of 2010. The Company expects to build out the major remitting countries in Asia before expanding the business to Europe and USA in 2011.

Safe Harbor Statement:
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.