Crown Equity Holdings Inc. Announces $250,000 License Agreement With Velvet International, Inc.

LAS VEGAS, Aug. 7  /PRNewswire-FirstCall/ -- Crown Equity Holdings, Inc. (OTC:CRWE) (BULLETIN BOARD: CRWE)  announced that it has entered into a license agreement with Velvet International, Inc., which granted Velvet a license to use Crown Equity's system and proprietary technology for rendering financial public relations and advertising services.  Velvet's non-exclusive license is a world-wide license with the right to sub-license the methodology and system to other users.  Velvet paid $250,000 to Crown Equity as a license fee.  Crown Equity will use this fee to further improve and refine its system and expand its operations.

Crown Equity presently owns and operates over 1300 websites and has agreements to provide financial public relations for several companies.

About Crown Equity Holdings, Inc.

Crown Equity Holdings, Inc. is a family tree of company division businesses, which started in 2003 as a group of professionals in the securities industry who assisted private companies in going public.

Based in Las Vegas, Nevada, Crown Equity Holdings, Inc. (CRWE.OB) continues to provide small business owners with the knowledge required in taking their company public, as well as offering brand awareness through advertising and IR/PR campaigns.

Crown Equity Holdings, Inc. has successfully assembled a portfolio of multiple business divisions with a diverse brand of products and services having strong market potential.

With companies such as: Crown Trading Systems, Inc., CTS Products, CRWE News, CRWE Domains, CRWE Newswire, Stock IR and DrStockPick.com this company is out to increase its value while increasing their products and services.

For further details, please visit the Company's website at http://www.crownequityholding.com/.

For further information, please contact .

Forward-Looking Statement: This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements and/or Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements. 

DATASOURCE: Crown Equity Holdings, Inc.



CONTACT:  Kenneth Bosket of Crown Equity Holdings, Inc., [phone],

fax, [phone], 



Web Site:  http://www.crowntradingsystems.com/ 

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