Hongchang International Company Ltd (HCIL)

[BRIG_88]

Pacific WebWorks, Inc. (OTCBB:PWEB) announced today that the company is experiencing stronger revenue growth than earlier forecast for 2009. While the growth rate has slowed, the company is continuing to experience record monthly revenues and is now comfortable upgrading its full-year forecast.

Last year, the company generated $9.2 MM in revenue and previously forecast $16-$18 MM for the current year. The company now believes that full-year revenue will be $23-$24 MM.

“The company is continuing to experience stronger than expected results. For the full year, the company now anticipates 150%+ growth from 2008 to 2009, compared to the 70-80% growth rate originally forecast. The company also anticipates record earnings for the full year. The company is eager to announce Q2 2009 earnings in mid-August and is excited about our continued revenue growth,” stated Ken Bell, CEO.