Pacific WebWorks Discusses Product Offering
November 19 2009 - 6:00AM
Business Wire
Pacific WebWorks, Inc. (OTCBB:PWEB) reported today that they
expect to introduce their new WebWizard Version 5 before the end of
December 2009. This new version will provide users of PWEB’s Visual
WebTools product with simplified methods of creating and updating
their websites as well as many expanded features.
Its premier product, Visual WebTools Version 4.1, is a suite of
software programs that fit together to perform the basic functions
useful to a small business on the Internet. The product includes
WebWizard, ClipOn Commerce, WebContacts, WebChannels, Web Profiling
Tool and WebStats.
In addition, the company has updated its state-of-the-art 24X7
data center to facilitate the hosting, manpower, and technical
needs of small businesses. Further, Pacific WebWorks continues to
expand its team of support specialists to assist small business
owners on how to effectively use the Internet to grow its
businesses.
“We are continuing to enhance our product offerings to better
serve the small business person. By offering this one-stop solution
we have addressed the needs of many entrepreneurs. There is a vast
and untapped market for complete e-commerce packages targeted to
small to medium-size entrepreneurs. We agree with our analyst that
‘with an innovative product and superior technology we believe that
Pacific WebWorks can become a market leader in the potentially
multi-billion dollar small office/home office segment.’ Further, we
believe that a continued focus on our product offering will enable
us to improve our operating margins throughout our forecast period.
The company continues to grow and is managing its cash flow and
growth and has already improved net margins substantially,” stated
Ken Bell, CEO.
The report can be viewed at www.grassrootsrd.com.
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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