Released on: November 2, 2007, 1:22 pm

Press Release Author: Bobby Anderson/WorldSharp Technologies, Inc.

Industry: Accounting

Press Release Summary: WorldSharp Technologies, Inc. Announces the 2007 Version of
WorldSharp 1099 Item Preparation System with Electronic Reporting is Ready to Go

Press Release Body: ANGEL FIRE, New Mexico —November 2, 2007 — WorldSharp
Technologies, Inc. today announced the availability of the 2007 version of
Worldsharp 1099 Item Preparation System. It is ready to ship with the new forms
changes and the IRS electronic reporting specifications for 2007.

The 2007 version works with all Microsoft Windows versions from 95 to Vista. Items
can be entered using two different modes of data entry. One is a simple fast data
entry where the operator enters all fields in a tabular format. The other uses a
WYSIWYG Screen that looks just like the printed 1099. The data can also be imported
from files if that information is present in other computer applications.

Printing can be on pre-printed forms or blank paper. On inkjet and laser printers,
the system will print the form and the data. The standard version prints and
electronically reports Forms 1098, 1098-C, 1098-E, 1098-T, 1099-A, 1099-B, 1099-C,
1099-DIV, 1099-H, 1099-INT, 1099-LTC, 1099-MISC, 1099-OID, 1099-PATR, 1099-R,
1099-S, 1099-SA, 5498, 5498-ESA, 5498-SA and W-2G. A special version is available
which prints and reports Forms 1042-S.

Bobby Anderson, president of WorldSharp Technologies said that in the past, the
system was primarily used by banks and financial institutions, which is WorldSharp’s
main marketing focus. However, in recent years, companies in many industries have
discovered that the system can be very cost effective for them. The system is
priced very competitively at $89.95 for a single user version and 5-license version
for $159.95.

For additional information or a demo of the 2007 version of the WorldSharp 1099 Item
Preparation System, contact customer support at (505)445-2504 or visit
www.WorldSharp.com. Inquires may also be addressed to info@worldsharp.com.
WorldSharp Technologies, Inc. is located in Angel Fire, New Mexico and provides
financial software packages primarily to banks and financial institutions. For
additional information about WorldSharp visit www.WorldSharp.com.


Web Site: http://

Contact Details: P.O. Box 699
Angel Fire, NM 87710
(505)445-2504
info@worldsharp.com
www.worldsharp.com