Pacific WebWorks May 2001 New Client Acquisitions Exceed Projections.Business Editors/Hi-Tech Writers
SALT LAKE CITY--(BUSINESS WIRE)--May 24, 2001
Pacific WebWorks' (OTC OTC
See over-the-counter market (OTC). BB: PWEB) -(Berlin: PWB (Printed Wiring Board) An alternate term for printed circuit board. See printed circuit board. ) President Christian Larsen announced today that the company's small business client acquisition strategy is exceeding projections.
Pacific WebWorks' plan, which incorporated releasing an update of their Visual WebTools technologies, creating additional distribution channels and strategic alliances, is proving effective. Since the release of Version 4.1 in late April, combined client acquisition has accelerated sharply. According to Larsen, "Our goal for the month of May was to acquire 425 new clients under WebWizard(TM) 4.1. We now expect to exceed 500 by month end."
Larsen concluded, "This has been the best month of the year. The response to Visual WebTools Version 4.1 has been overwhelmingly positive. The numbers speak for themselves when it comes to our new marketing approach. Now that we know things are clicking, we will redouble re·dou·ble
v. re·dou·bled, re·dou·bling, re·dou·bles
1. To double.
2. To repeat.
3. Games To double the doubling bid of (an opponent) in bridge.
v. our efforts in this area. As a result, we expect to see a continued acceleration in client acquisition and market penetration."
Larsen concluded, "Our goal is to make Pacific WebWorks the leading provider of Internet solutions for small businesses. We believe that these results mark a major step towards accomplishing this goal."
About Pacific WebWorks and IntelliPay
Pacific WebWorks, Inc. engineers business software technology for the Internet based on their proprietary source code. The company's premier product, Visual WebTools(TM), allows businesses to create, manage, maintain and edit a web site by and for themselves without the costs and time delays traditionally associated with this process. The user of Visual WebTools(TM) can make changes and additions to their web site instantly 24 hours a day, seven days a week.
Pacific WebWorks is a Microsoft Certified Solution Provider and a Compaq Solutions Alliance Partner.
IntelliPay, Inc., a Pacific WebWorks, Inc. company, is a leading developer and provider of new payment technologies for businesses-to-business and business-to-consumer uses on the Internet and in physical stores. Using IntelliPay's various products, a business can accept real-time payments from their web site, Internet appliances, kiosks, phone, fax or storefront.
Some IntelliPay partners and business alliances include Wells Fargo Bank, N.A., First Tennessee Bank (NYSE NYSE
See: New York Stock Exchange : FTN FTN Face the Nation (CBS News)
FTN Family Television Network
FTN Fido Technology Networks
FTN FeedThe.Net (website)
FTN Franja Transversal del Norte (Guatemala region) ), National Data Corporation - NDC NDC National Drug Code
NDC NATO Defense College
NDC National Documentation Centre (National Hellenic Research Foundation, Athens, Greece)
NDC National Dairy Council
NDC National Democratic Congress Ecommerce (NYSE: NDC), First Data Corporation (NYSE: FDC FDC - Floppy Disk Controller ), Vital (VisaNet), NOVA (NYSE:NIS Niš or Nish (both: nēsh), city (1991 pop. 175,391), SE Serbia, on the Nišava River. An important railway and industrial center, it has industries that manufacture textiles, electronics, spirits, and locomotives. ), Equifax (NYSE:EFX EFX Effects (as in motion picture special effects; sometimes just FX)
EFX Elite Force Xtreme (gaming)
EFX Elliptical Fitness Crosstrainer
EFX Expeditionary Force Experiment ). Some marketing alliances include Wells Fargo Merchant Services, Wachovia Merchant Services and Bowstreet. Some business customers include Ecast, Inc., OlanMills.com, Network ICE, Foundry Networks and OnAir.Com. For additional information on IntelliPay, please visit www.intellipay.com.
The above statements regarding this announcement that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including Pacific WebWorks, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Pacific WebWorks, Inc. as of such date. It is important to note that actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative and marketplace changes.
Visit investor.pacificwebworks.com or www.pacificwebworks.com to learn more about Pacific WebWorks, Inc.