Pacific WebWorks, Inc. Business Update


Pacific WebWorks, Inc. Business Update

SALT LAKE CITY--(BUSINESS WIRE)-- Pacific WebWorks, Inc. (OTCBB: PWEB) today released the following business update.

For the first six months of 2013 the Company has focused on revitalizing its internet technology business model. As previously reported, Pacific WebWorks has expanded its software suite and established a framework for reaching new markets with its software products. The Company believes there is strong demand for its products and is aggressively pursuing the opportunity to obtain new customers through a variety of marketing methods.

Lance Bell, CEO, stated, "We are excited to report a number of accomplishments during the first six months of 2013. We have rounded out our management team, finalized our infrastructure and have begun to market our software products. We are encouraged by the initial results of these efforts."

Bell continued, "We believe there is particularly strong demand for our products in underserved and developing markets, and believe that we are well positioned to serve those customers. Our marketing reach is expanding and we continue to identify new opportunities for providing value to our customers that can enable us to establish a base of long-term product users."

Bell concluded, "We are committed to moving the Company forward and building value for our shareholders. We believe that Pacific WebWorks is well positioned for growth and look forward to continued progress toward achieving the Company's goals."

About Pacific WebWorks

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, our internet gateway, TradeWorks Marketing, Headlamp Ventures 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, 2012 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.

Pacific WebWorks, Inc.
Investor Relations, 801-578-9020

KEYWORDS: United States North America Utah


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