Explore Anywhere Holding Corp. Completes Merger With ExploreAnywhere, Inc.

WABASH, Ind.,Feb. 4, 2011 /PRNewswire/ — Explore Anywhere Holding Corp.
(previously known as PorFavor Corp.), a Nevada corporation (Pink Sheets: PFVR),
today announced that it has completed the acquisition of the assets, including
the website and intellectual property, of ExploreAnywhere, Inc., a longtime
presence in the rapidly growing, computer monitoring market, specializing in
computer monitoring solutions for parents, corporations, and educational
facilities.

On December 20, 2010, the Company entered into a Share Exchange Agreement with
ExploreAnywhere, Inc., a private Nevada corporation, and ExploreAnywhere’s
shareholders, whereby the Company will acquire from the Shareholders all the
issued and outstanding shares of ExploreAnywhere in exchange for 2,613,750
shares of the Company’s common stock. On February 4, 2011, the Company completed
this transaction and ExploreAnywhere became a wholly-owned subsidiary of the
Company. The Company intends to file ExploreAnywhere’s last two fiscal years of
audited financial statements and pro forma financial statement showing the
effects of the acquisition and other information regarding ExploreAnywhere on a
Form 8-K in the next few weeks. Explore Anywhere Holding Corp. signed a waiver
agreeing to complete the merger while the independent audit of ExploreAnywhere,
Inc. is being completed. Management anticipates completing the audit, on
schedule, by the end of March.

“This milestone event is the culmination of our public company strategy,
providing ExploreAnywhere with the exposure and access to capital necessary to
execute our aggressive growth strategy,” commented Bryan P. Hammond,
ExploreAnywhere’s Founder and Chairman of the Board of Directors. “The computer
monitoring market is a rapidly growing industry, built on increasing demand from
parents looking to protect children, spouses concerned about infidelity and
business owners seeking to maximize employee productivity and protect
proprietary information. We are excited to launch the next-generation of our
flagship product, CyberBullyPro, during the second quarter and believe this
innovative advancement in computer monitoring will enable us to rapidly grow and
deliver shareholder value.”

“The statistics about cyber-bullying are disturbing, and we at ExploreAnywhere
believe this issue must be addressed directly by proactive parents remaining
vigilant about what their children are doing on the Internet,” added Mr.
Hammond. “Parents cannot wait until there is an obvious problem. According to
the Secretary of Education, in 2007, more than 900,000 secondary students
reported being cyber-bullied, and this only accounts for those who reported the
threatening behavior. The National Crime Prevention Council stated that almost
half of all American teens were impacted by cyber-bullying. A 2006 survey by
Harris Interactive suggested that 43% of U.S. teens had experienced some form of
cyber-bullying in the past year. As children increasingly access the Internet,
through websites and chat rooms, social networking, online video games, and with
cell phones, the opportunity to be harassed and bullied increases. Often,
children are unwilling to talk about cyber-bullying, for fear of retribution or
due to shame. Too often, parents first learn of cyber-bullying when damage has
been done. The growth of social networking only increases the problem.”

Mr. Hammond concluded, “As these startling statistics demonstrate, Tools like
SpyBuddy, our sophisticated software tool, are important resources to help
parents track online activity so cyber-bullying can be identified and stopped
before it becomes a life-threatening problem. The stakes have never been higher,
and in today’s world, parents must take every precaution to make sure their sons
and daughters are safe online.”

The board of Explore Anywhere Holding Corp. anticipates requesting a new ticker
symbol in the coming months.

About Explore Anywhere Holding Corp.

ExploreAnywhere is a longtime presence in the rapidly growing, computer
monitoring market, specializing in computer monitoring solutions for parents,
corporations, and educational facilities. ExploreAnywhere’s mission is to
provide effective and useful computer monitoring products at affordable prices
in an effort to cut down on the dangers of the Internet and the greater
community at large. Its solutions implement industry leading technologies
designed to address a range of emerging online threats.

Statements about our future expectations are “forward-looking statements” within
the meaning of applicable Federal Securities Laws, and are not guarantees of
future performance. When used herein, the words “may,” “will,” “should,”
“anticipate,” “believe,” “appear,” “intend,” “plan,” “expect,” “estimate,”
“approximate,” “potential” and similar expressions are intended to identify such
forward-looking statements. These statements involve risks and uncertainties
inherent in our business, including those set forth in our filings with the
Securities and Exchange Commission (SEC), and are subject to change at any time.
Our actual results could differ materially from these forward-looking
statements. We undertake no obligation to update publicly any forward-looking
statement.

For More Information:
Bryan Hammond Jeffrey Stanlis
Chairman, Board of Directors Partner, Hayden IR
(877) 539-5644 (602) 476-1821

SOURCE Explore Anywhere Holding Corp.

Leave a Reply