Pacific WebWorks Discusses Business Model Strategy
September 30 2010 - 4:00AM
Business Wire
Pacific WebWorks (OTCBB: PWEB) reported today on the company’s
status and the results of their new marketing strategy. Visual
WebTools V, PWEB’s landmark product, is a suite of software
programs that fit together to perform the basic functions useful to
a small business. The product includes WebWizzard, ClipOn Commerce,
WebContacts, WebChannels, Web Profiling Tool and WebStats.
Visual WebTools continues to be one of the most innovative
online software products for small business in the marketplace.
Over the past six months, the company has focused on servicing its
current customers, and developing and testing our new Internet
marketing program. Since a majority of the company’s sales in 2009
came from the small office/home office sector, the company has
experimented with several different marketing approaches, and have
found it to be extremely difficult to control the affiliate-level
marketing activities when advertising over the Internet. The
company’s management is not willing to expose the company to any
unnecessary risks, and intends to continue to experiment with
different innovative ways to market our products. We are also
exploring other potential business opportunities for our company
and products.
Ken Bell, CEO, stated, “Pacific WebWorks today embodies
experienced management, a superior technology with an up-to-date
system infrastructure. The Company’s financial condition continues
to be strong with a base of recurring revenues that should result
in continued profitability as we seek out additional opportunities
for the company. We are diligently exploring other such prospects
for the company to acquire either other businesses or products that
synergize with the company’s business. We are confident and
enthused as we look to the future and examine new and innovative
ways to employ the company’s cash and earnings to continue to build
shareholder value.”
About Pacific WebWorks and Intellipay
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.
Heyu Biological Technology (PK) (USOTC:HYBT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Heyu Biological Technology (PK) (USOTC:HYBT)
Historical Stock Chart
From Jul 2023 to Jul 2024