ChineseWorldNet signs distributorship agreement with MegaHub Limited

OTCBB: CWNOF

VANCOUVER, May 13 /PRNewswire-FirstCall/ - ChineseWorldNet.com Inc. ("CWN" or the "Company") (OTCBB: CWNOF) announced today it has signed a non-exclusive distributorship agreement (the "Distributorship Agreement") with MegaHub Limited ("MegaHub") in relation to the continued growth of its financial information distribution business in the Greater China region.

Pursuant to the Distributorship Agreement, MegaHub will act as a non-exclusive distributor of CWN's financial information in the Greater China territory, including China, Hong Kong and Taiwan. CWN has built a substantial database of financial information, including a database of public companies listed in North America, market news, commentary, and investors' tool, all of which is translated in Chinese and packaged for distribution to third parties. Third party clients are based in North America and Greater China and include users, such as financial firms, as well as online and offline distributors.

Mr. Joe Tai, President and Chief Executive Officer of CWN, commented, "Due to the rapidly growing demand for financial content from Greater China, over the past two years, we have placed a high priority on building our networks with Chinese information distributors. The signing of this Distributorship Agreement represents a very important milestone that directly reflects the continued growth and success of our unique strategy for breaking through into the Asian financial information market. We are proud to have built a mutually beneficial business relationship with MegaHub and are looking forward to working with their vast experience and networks for reaching the many financial institutions and over 100 million investors in the Greater China region."

About MegaHub

MegaHub, a Hong Kong based company, integrates financial data from sources around the world for distribution to Chinese language online channels. MegaHub is forerunner in the industry, possessing a strong management team with significant experience and networks in the online data distribution business. With its expertise in consolidating financial information and its vast distribution channels, MegaHub is a prime partner for assisting in CWN's continued expansion into Greater China.

About CWN

CWN is the creator and proprietor of three integrated financial information and service platforms, focused on connecting companies, financial service providers and institutions in North America to investors, strategic partners, and buyers from the Greater China region and Chinese speaking communities abroad. The CWNFN online financial portal provides Chinese investors with cutting edge financial information and analysis. With over a decade's worth of coverage, CWNFN has built a substantial database of financial information, useful for all classes of investors, companies and financial institutions. The NAI500 platform provides IR/PR services through its unique approaches to online outreach, company road shows, seminars, publications and other services targeting Chinese investor groups. The Global Chinese Financial Forum is the conferencing arm of CWN with its globally reaching events in Shanghai, Toronto, Vancouver, San Francisco and Los Angeles providing its clients with face-to-face access to Chinese investors as well as cross-border business matching services.

For additional information, please visit www.cwnof.com.

Forward Looking Statements

This press release includes statements that may constitute forward-looking statements made pursuant to the purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including "anticipate," "believe," "intends," "estimates," "expect," and similar expressions. ChineseWorldNet.com, Inc. cautions readers that forward-looking statements including, without limitation, those relating to the ChineseWorldNet.com, Inc.'s future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, due to factors such as those relating to economic, governmental, technological, and other risks and factors identified from time to time in the ChineseWorldNet.com, Inc.'s reports filed with the SEC.

SOURCE ChineseWorldNet.com Inc.