LAS VEGAS, Aug. 14, 2009 (GLOBE NEWSWIRE) -- For emergent companies there is rarely news more important than that of increased revenues, not just in the obvious benefit of a sustaining influx of capital to the company, but also in the implied value to existing and prospective shareholders. And when a company like Pacific WebWorks, Inc. (OTCBB:PWEB), which generated $9.2 MM in revenue last year and previously forecast $16-$18 MM for the current year, states that they now believe that full-year revenue will be $23-$24 MM, it should send a message to the market that things are going well at the company that bills itself as a one stop shop for businesses that want to get on the Internet.
A report focusing on Pacific WebWorks, Inc. (OTCBB:PWEB) and of interest to e-commerce facilitators Autodesk, Inc.(Nasdaq:ADSK), Microsoft Corporation (Nasdaq:MSFT), IBM (NYSE:IBM), and CSC (NYSE:CSC) is available at:
www.SmallCapSentinel.com/pweb
Pacific WebWorks(tm) was founded in 1997, and is located in Salt Lake City, Utah. The company develops business software technologies and solutions for small and medium sized businesses that want to use the Internet as part of their business strategy. Because working with computers and doing business on the Internet does not come "naturally" to most people, the company has developed an affordable and comprehensive "one-stop" Internet solution.
Recently, the company has reported an increase in its revenue forecast and expansion into international markets. It also credits the recent economic downturn as a beneficial factor in its sales as companies look to add new revenue streams via the Internet.
Please register to receive more information on PWEB and other emerging public companies at:
www.SmallCapSentinel.com/register
Join the discussion on all areas of the stock market at www.FiSpace.net, a leading social networking site for investors.
Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel.com is property of Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved the statements made in this report. This report is neither a solicitation to buy nor offer to sell securities and is for information purposes only and shouldn't be used as basis for investment decisions. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI has been paid $25,000 for this report and other services by Emerging Markets Consulting (EMC), a financial relations consultant to Pacific WebWorks (PWEB). Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies.
CONTACT: Integrity Media Inc.
Kurt Divich
702-396-1000
