Pacific WebWorks Expands Internationally
SALT LAKE CITY, Aug 05, 2009 (BUSINESS WIRE) -- Pacific WebWorks, Inc. (PWEB)
announced today that approximately 8% of its thousands of new customers for the
month of July are international clients. The majority of these new clients are
from English-speaking areas such as Australia, Canada, the Caribbean, and Europe.
"Growth coming from previously unexplored areas will help us continue to progress
going forward. These new geographical regions that are beginning to utilize our
product emphasize the success of our marketing programs and the ease of use of
our products worldwide. The company has made a substantial investment in
upgrading its marketing reach and internal infrastructure to handle the growth
experienced in the 2nd quarter of 2009 and continuing into the 3rd quarter, both
domestically and internationally. While there were many one-time costs associated
with the 2nd quarter, the efficiency of the company moving forward will be
increased substantially contributing to positive results in future quarters,"
stated Ken Bell, CEO.
About Pacific WebWorks, IntelliPay and TradeWorks Marketing
Pacific WebWorks provides a comprehensive suite of affordable, easy-to-use
software programs for small businesses that want to create, manage, and maintain
an effective Web strategy including full e-commerce capabilities. Pacific
WebWorks operates a number of wholly owned subsidiaries including IntelliPay,
TradeWorks Marketing and others.
Forward-Looking Statements
All statements other than statements of historical fact included in this press
release are forward-looking statements. Words such as "anticipate," "believe,"
"estimate," "expect," "intend" and other similar expressions as they relate to
the Company or its management, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of the Company's management
as well as assumptions made by and information currently available to the
Company's management. These statements are not a guarantee of future performance.
Actual results could differ materially from those contemplated by the
forward-looking statements as a result of certain factors, including the
Company's ability to maintain sufficient credit card processing capabilities to
service the demands of their hosting portfolio and other risk factors discussed
under the caption "Risk Factors" in our Annual Report on Form 10-K for the year
ended December 31, 2008 as filed with the Securities and Exchange Commission.
Such statements reflect the current view of the Company's management with respect
to future events and are subject to these and other risks, uncertainties and
assumptions related to the operations, result of operations, growth strategy and
liquidity of the Company. All subsequent written and oral forward-looking
statements attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by this paragraph. The Company has no
intention, and disclaims any obligation to update or revise any forward-looking
statements, whether as a result of new information, future results or otherwise.
SOURCE: Pacific WebWorks, Inc.
Pacific WebWorks, Inc.
Brett Bell, CFO, 801-578-9020 ext. 122
or
Chesapeake Group
Kevin Holmes, 410-825-3930
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