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LiveWorld Announces 1st Profitable Quarter, 3rd Cash Positive Quarter and 42% Revenue Growth

Leading provider of Internet collaborative solutions proves solid business model

Los Gatos, Calif., July 16, 2003 - LiveWorld, Inc. (Pinksheets: LVWD.PK) today announced strong Q2 2003 financial results, including the company’s first profitable quarter. The company further reported that second quarter 2003 was its third consecutive cash positive quarter, and that revenue grew 43% over second quarter 2002.

Revenues for the second quarter of 2003 were $650,000, representing 43% growth over the second quarter 2002 revenue of $454,000. Sequentially, revenue grew 8% compared to first quarter 2003 revenue of $601,000.

Second quarter earnings, including non-cash charges, showed a profit of $18,000, or an EPS of $0.0007 per share. This compares to a second quarter 2002 loss of $1,218,000, or $0.047 per share. It compares to a first quarter 2003 loss of $165,000, or an EPS loss of $0.006.

"LiveWorld has demonstrated the strength of our business model on all three major measures: revenue growth, cash, and now profits," said LiveWorld Chairman & CEO, Peter Friedman. "We attribute this progress to the ROI we deliver to clients such as MINI USA, eBay, Intel, and HBO. Our services are true collaborative solutions that go beyond just software and servers to helping companies grow fast while staying close to their customers."

"We believe the economy and our business is picking up, thus improving our outlook for the future. As a matter of managing the business on a conservative basis, we continue to take a cautious approach and to keep our eyes sharply on the bottom line." said Mr. Friedman. The company also announced that it has over $900,000 in cash reserves, which provides significant room to wait out the fluctuations in the economy and build business.

About LiveWorld, Inc.
LiveWorld (Pinksheets: LVWD.PK, www.liveworld.com ) is a leading provider of online community-based collaboration, relationship marketing, and support services. These services provide online meeting, customer support, and loyalty marketing solutions that enable Fortune 1000 companies to reduce costs, increase revenues, and strengthen customer relationships. LiveWorld’s clients include companies such as eBay, HBO, MINIUSA, The Campbell’s Soup Company, Intel, Fidelity Investments, A&E Television Networks and Discovery Communications. LiveWorld is headquartered in Los Gatos, California.

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