Pacific WebWorks, Inc. Business Update
Pacific WebWorks, Inc. Business Update
SALT LAKE CITY--(BUSINESS WIRE)-- Pacific WebWorks, Inc. (OTCBB: PWEB) announced today that its internet technology business added over 5,000 new customers, net of cancellations, during the third quarter of 2013. The Company has obtained new customers for its software products across multiple international markets since launching its marketing efforts during the second quarter of 2013.
Lance Bell, CEO, stated, "We are pleased to report the progress of our internet technology business. Our focus has been on the continued improvement of our software suite and taking our products to new markets where we believe there is substantial opportunity."
Bell continued, "We have begun to penetrate a number of international markets and to establish the value proposition for our products and service. Our marketing program continues to expand as we identify new opportunities and methods for reaching our target customers."
Bell concluded, "We are optimistic about the current state of the business and encouraged by the progress we are making toward 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.
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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