Pacific WebWorks Customer Growth Continues
October 15 2009 - 6:00AM
Business Wire
Pacific WebWorks, Inc. (OTCBB: PWEB) announced today that the
number of paying customers continued to grow during the third
quarter of 2009. The company had 23% more customers pay for service
during the third quarter ended on September 30, 2009 than it had
for the previous quarter ended June 30, 2009.
“The company is continuing to attract more customers. As a
result, revenues for the year should triple last years’ revenue,
and we expect record earnings for the third quarter and for the
year ending December 31, 2009. Our new marketing plan has worked
seamlessly, and we see continued growth into the foreseeable
future. Our balance sheet continues to improve and cash flow
remains healthy,” 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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