Pacific WebWorks Receives Recognition
July 14 2009 - 8:30AM
Business Wire
Pacific WebWorks, Inc. (OTCBB:PWEB) announced today that the
company is listed as a �Top 40 Public Company� in Utah Business
Magazine. The article appears in the July 2009 issue and the
criteria includes among other things: P/E, Growth %, ROA, ROE and
EBITDA. Pacific WebWorks is 29th on the list in an article entitled
�Sink or Swim, Experts Offer Tips to Keep Public Companies High and
Dry.�
According to the New York Times, Pacific WebWorks is among the
best performing publicly traded software company this year out of
212 companies in our industry. In addition, it is one of the few
companies among its software peers whose common stock is trading at
or near a 52-week high. For details, please visit:
http://topics.nytimes.com/top/news/business/companies/pacific-webworks-inc/index.html
�We are pleased that the success we are experiencing is being
recognized by others. The company is experiencing growth faster
than at any other time in our 10-year history, and investors are
recognizing us for this,� 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.
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