eDoorways Beats Clock With Early Release of Revenue Generating Software

AUSTIN, Texas, April 20, 2011 /PRNewswire/ -- eDoorways International Corporation (Pink Sheets: EDWY) is signaling its emergence as a revenue generating ecommerce and social collaboration platform.  The Company is working closely with Paddington Media, an Austin based software development company, to implement VoucherHounds, a Groupon like feature, into the eDoorways PowerChannels. The pilot of VoucherHounds was scheduled for mid-May, but is ahead of schedule and will be starting the week of April 25th, 2011.

VoucherHounds allows eDoorways PowerChannel owners to provide daily offers to their PowerChannel consumers and is similar to the proven Groupon revenue model.  Paddington Media and eDoorways International Corp. will be working with an Austin based media company, 512 Unscripted, to pilot the voucher technology.

The release of the eDoorways platform will also include the ability for users to create PowerChannels and to engage in ecommerce within PowerChannels. This is all part of the emerging Consumer 3.0 engine being added to the eDoorways platform and immediately makes available two revenue sources for both the Company and eDoorways PowerChannel owners.

eDoorways anticipates the VoucherHounds release to be available for the public within a few weeks of the pilot exercise.  

The company has set a market penetration goal for the remainder of 2011 and the first quarters of 2012 of one-tenth of one percent ( $50 million) in sales.  If eDoorways can penetrate half of one percent of the market, sales could be in the range of $500 million.

Groupon is a registered trademark of Groupon, Inc. and has no affiliation with eDoorways International Corporation.

For more information on eDoorways International Corporation and/or the "eDoorways" (http://www.eDoorways.com) initiative, e-mail a package request to [email protected]. Visit the corporate Web site at eDoorwaysCorp.com (http://www.eDoorwaysCorp.com), make comments via the corporate blog (http://www.eDoorways.wordpress.com), or follow the company on Twitter (http://twitter.com/edoorways).

Safe Harbor for Forward-Looking Statements:

Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecast results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.

Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President, 561-210-5675
[email protected]

SOURCE eDoorways International Corporation