HYBT Heyu Biological Technology Corporation (PK)

Pacific WebWorks, Inc. (OTCBB:PWEB) reported continued growth for the 1st Quarter of 2008. The company reported increased revenues and profits for the quarter ending March 31, 2008 both when compared to the like period in 2007 and when compared to the immediately proceeding quarter ended December 31, 2008. Revenues for the quarter ended March 31, 2008 of $3,126,034 amounted to over 200% of revenues for the same period in 2007 of $1,507,755 and amounted to 115% of revenues for the preceding quarter ended December 31, 2007 of $2,715,312. The most significant growth continues to come from recurring hosting, gateway and maintenance fees which amounted to $2,889,679 for the quarter ended March 31, 2008, up 160% from $1,104,070 for the quarter ended March 31, 2007. Over 92% of company revenues are now recurring monthly revenues related to the hosting services which the company provides to its portfolio of customers. Net income after tax for the quarter ended March 31, 2008 increased $150,709 from a loss of ($113,115) for the period ended March 31, 2007 to a gain of $37,594. Cash provided by operations for the period amounted to $327,205 resulting in an increase in cash and cash equivalents to $1,119,823 at March 31, 2008. Ken Bell, CEO, stated, �PWEB continues to develop new and efficient technologies directed towards assisting the small business person to be successful in the sale of their products online. The release of our new amazing webstores.com product during the 1st quarter of 2008 is just the beginning of the new offerings we will bring to market this year. �Our continued growth and profitability in the 1st Quarter of 2008 came despite challenging circumstances that surround the significant growth we have experienced over the past 15 months. The volume of credit card transactions that we now process monthly stretches the limits of our current merchant accounts. We will, however, announce a new alliance during the 2nd quarter of 2008 that will largely relieve these constraints.� 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' wholly owned subsidiary IntelliPay develops and provides trusted electronic transaction processing and payment products and services. Pacific WebWorks' wholly owned subsidiary TradeWorks Marketing is a sales and marketing organization created to market Pacific WebWorks and IntelliPay products. Forward-Looking Statements This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The company's actual results could differ materially from expected results.