SOURCE: eMax Holdings Corp.

August 06, 2007 08:09 ET

eMax Holdings Corporation Changes Name to EMAX Worldwide and Applies for a New Ticker Symbol

SPRINGFIELD, TN--(Marketwire - August 6, 2007) - eMax Holdings Corporation (PINKSHEETS: EMXC) announces their recent merger and restructuring changes.

On May 15, 2007, eMax Holdings Corporation completed the acquisition agreement to acquire all assets and rights held by Artist Innovations, Inc. eMax Holdings shareholders will gain a new share of stock dividend in eMax Holdings Corporation to be issued to them for each two shares they held in eMax Holdings Corporation; with the record date May 15, 2007.

On June 15, 2007, eMax Holdings Corporation completed the merger with Gold Rush Investments Corp, and has changed its name to EMAX Worldwide. eMax Holdings shareholders will receive a new share of stock in eMax Holdings Corporation for each four shares they held in eMax Holdings Corporation; as of the record date of June 15, 2007. The transactional value equated to both EMXC dividend shares are being conservatively valued at $.085/share.

In conjunction with the acquisitions and merger, the company has affected a name change from eMax Holdings Corporation to EMAX Worldwide, Inc. EMAX Worldwide has made proper filing applications to Nasdaq and eMax Worldwide will be trading soon under a new ticker symbol. EMAX Worldwide will announce the new ticker symbol as soon as the company receives that information from Nasdaq.

eMax has now set focus operations activities into four subsidiary companies: eMax Media, Gold Rush Network, eMax Technologies and EMAX Networks.

    
--  eMax Media:  EMAX Media, is a family oriented media, production and
    publishing company.
--  Gold Rush Network is a real estate development company currently
    evaluating several commercial and residential development and income
    producing properties in the US to acquire. Investors can find current
    updates and developments at http://www.goldrushnetwork.com. The Gold Rush
    Network is also a free financial portal network. Goldrushnetwork.com has
    conveniently incorporated many unique FREE services for its users into one
    location, such as: Quotes, News, Charting, Stock Picks, Level II and much
    more. The Gold Rush Network has been operating the past few years and most
    of their operating revenues have come from the advertising sponsors that
    are profiled by the Gold Rush Network at their financial internet portals
--  eMax Technologies, Inc. Focusing on IT, interactive media,
    entertainment, communication and energy technologies. EMAX Technologies
    will also invest into copyrights, patents, trademarks, software and other
    internet and computer technologies.
--  eMax Networks, Inc. Focusing on internet, TV, music, games and movie
    networks.
    

Recently the company has appointed Dr. Stefanovic and Dorliss Bright to its Board of Directors. Dr. Stefanovic brings over 35 years experience in Finance, Real Estate, Retail, Import/Export and the Hospitality Industries. Mr. Dorliss Bright brings over 30 years experience in marketing, advertising, media production and personnel management to the company.

eMax Holdings Corporation has appointed the following managing senior executive officers to help guide the growth of the subsidiary companies: Gerardo Bernard is President of eMax Media, Don Tanner is President of eMax Music, and Dorliss Bright is President of eMax Networks.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties.