Pacific WebWorks Continues Customer Growth
September 10 2009 - 8:00AM
Business Wire
Pacific WebWorks, Inc. (OTCBB: PWEB) announced today that the
number of paying customers is continuing to grow into the 3rd
quarter of 2009. Preliminary indications are that the number of
paying customers grew 9.6% for July 2009 when compared to June 2009
and nearly 12.4% for August 2009 when compared to July 2009. The
total number of paying customers has doubled since mid-May
2009.
“We are pleased with the growth we are continuing to experience
and are particularly excited that the number of paying customers
has increased each month since February of this year. We expect
revenues for the 3rd quarter to remain strong, perhaps establishing
a new record for the quarter, with increased profitability when
compared to 2nd quarter profits,” 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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