Pacific WebWorks, Inc. Business Update
July 09 2013 - 12:04PM
Business Wire
Pacific WebWorks, Inc. (OTCBB: PWEB) today released the
following business update.
For the first six months of 2013 the Company has focused on
revitalizing its internet technology business model. As previously
reported, Pacific WebWorks has expanded its software suite and
established a framework for reaching new markets with its software
products. The Company believes there is strong demand for its
products and is aggressively pursuing the opportunity to obtain new
customers through a variety of marketing methods.
Lance Bell, CEO, stated, “We are excited to report a number of
accomplishments during the first six months of 2013. We have
rounded out our management team, finalized our infrastructure and
have begun to market our software products. We are encouraged by
the initial results of these efforts.”
Bell continued, “We believe there is particularly strong demand
for our products in underserved and developing markets, and believe
that we are well positioned to serve those customers. Our marketing
reach is expanding and we continue to identify new opportunities
for providing value to our customers that can enable us to
establish a base of long-term product users.”
Bell concluded, “We are committed to moving the Company forward
and building value for our shareholders. We believe that Pacific
WebWorks is well positioned for growth and look forward to
continued progress toward achieving the Company’s goals.”
About Pacific WebWorks
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, our internet
gateway, TradeWorks Marketing, Headlamp Ventures 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, 2012 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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