Worldwide Receives Financing from Kodiak Capital

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Worldwide Receives Financing from Kodiak Capital

Initial financing commitment for the next twelve months

WILLIAMSBURG, Va.--(BUSINESS WIRE)-- Worldwide Internet, Inc. (OTC: WNTR) announced today that it has received a financing commitment for working capital from Kodiak Capital for the next twelve months.


The financing commitment provides working capital to the company based on certain terms and conditions under an investment agreement signed by both parties.

Frank Kristan, President of Worldwide Internet, Inc., stated that:

"We are excited about working with Kodiak Capital to implement our business strategy of developing a diversified holding company. With the completion of the purchase of the Ludvik assets and the Honeywell Estates, we will have in excess of $50 million dollars in assets."

Worldwide Internet, Inc. is currently trading on the OTC Markets (www.otcmarkets.com) under the trading symbol WNTR.

About Worldwide Internet, Inc.

Worldwide Internet, Inc. (OTC: WNTR) (www.worldwideinternetinc.com) is in the business of developing technology for internet datacenter services and emergency notifications to the public. The company is focused on making investments to diversify its business operations and holdings.

About Kodiak Capital Group LLC

Kodiak is an institutional investor headquartered in Newport Beach, CA. Kodiak makes private investments in public and private entities utilizing proprietary equity and debt instruments. These investments provide long-term strategic capital offering companies certainty, flexibility and consistency. Kodiak's investments are in a wide range of industries emphasizing consumer products, life sciences, natural resources, and social media technology. For more information contact Colin Manners at 212-262-2600 or visit www.kodiak-capital.us.

FORWARD-LOOKING STATEMENTS:

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the OTC Markets and. undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

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Worldwide Internet, Inc.
Frank Kristan
Phone/Fax: (206) 984-3470
frankkristan@worldwideinternetinc.com

KEYWORDS:   United States  North America  California  Virginia

INDUSTRY KEYWORDS:

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