EQ Labs, Inc. and Crown Equity Holdings Inc. Announce Partnership Agreement

Crown Equity Holdings, Inc.

LAS VEGAS, Jan. 3, 2013 (GLOBE NEWSWIRE) -- EQ Labs, Inc. (EQLB) is pleased to announce its partnership with Crown Equity Holdings Inc. (CRWE) and its new board of directors' members.

Kenneth Bosket, Lowell Holden, Montse Zaman, Maurice Owens, Takeesha Owens, Dr. Westbrook Kaplan M.D. and State Representative Darryl Rouson of Florida.

"We are delighted to welcome the new members to the board I am confident that they will be a valuable asset to EQ Labs, Inc. moving forward in the energy drink industry, as well as in other endeavors" stated Maurice Owens, CEO of EQ Labs, Inc. Mr. Owens also expressed his deep gratitude to the outgoing board members for their service and leadership during the past years.

Both companies shall focus on restructuring EQ Labs, Inc. to add value to the company and its shareholders.

About EQ Labs, Inc.

EQ Labs, Inc. manufactures and markets energy drink products in the United States and Latin America. The company offers EQ Smart Energy Drink, in an effervescent tablet form that provides an instant energy drink once added to a beverage of choice. EQ Labs, Inc. distributes its products through national and regional distributors. Slogan "Think outside of the can." For more information visit: http://www.drinkeq.com.

About Crown Equity Holdings Inc.

Together with its digital network of Websites, offers advertising branding and marketing services as a worldwide online multi-media publisher. The company focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information visit: http://www.crownequityholdings.com.

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new business opportunities and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

CONTACT: Kenneth Bosket CEO/President info@crownequityholdings.com 702 448-1543

Source:Crown Equity Holdings