AdKash Now Downloaded In Over 10 Countries As User Community Continues To Grow

DUBLIN, May 14, 2013 /PRNewswire/ -- World Assurance Group, Inc. (www.worldassurancegroup.com), (OTC Pink: WDAS) today announces that its wholly owned subsidiary, CellAd Inc., has seen its AdKash beta application downloaded in over 10 countries already.

The main countries so far are Brazil, Poland, Russia, Slovakia, Ukraine and the United States.

This is the first app of its kind to directly reward the recipient for receiving adverts directly to their mobile devices. By simply downloading the AdKash Android smartphone app from the Google Play store or at www.celladd.com, users will unlock a unique new way to make money from their mobile devices. More about how the CellAd AdKash app works and the benefits to users can be found at http://www.worldassurancegroup.com/adkash.html

Mr. Sean McVeigh, CEO of CellAd said, "Having recently announced that downloads of the smartphone app have reached over 62,000 since beta launch, the spread of users in so many countries already shows just how we are capturing the imagination of people all over the world at such an early stage for us. We are very excited by the opportunity being proven out in such a resounding way and shows that we can deliver the service on a global basis. Given that we are still in the beta phase, we should be highly confident of what we will achieve when we formally launch paid advertising programs within 90 days."

Investor Relations Contact:
A. S. Austin Co.
E-mail: [email protected]
Phone: 858-537-7439

About World Assurance Group
World Assurance Group, Inc. is a holding company that currently operates through two wholly owned subsidiaries: CellAd Inc., a digital media company based in Ireland operating in the global mobile advertising industry and ANAV Holdings Corporation, a development stage real estate investment company in the United States. CellAd Inc. has developed, along with its partners, a revolutionary new cloud based advertising platform that allows advertisers and brands to deliver high definition, full screen adverts, coupons and click-through offers to subscribers via its smartphone application. Once installed, every time the subscriber receives an inbound call or text message CellAd will pay the subscriber a fee in the form of cash or other agreed medium. Additional information may be found at www.worldassurancegroup.com

This press release contains forward-looking statements. Words such as "expects", ``intends'', ``believes'', and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

SOURCE World Assurance Group, Inc.

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