LAS VEGAS, Sept. 15, 2009 (GLOBE NEWSWIRE) -- A report focusing on Pacific WebWorks, Inc. (OTCBB:PWEB) and of interest to investors of e-commerce facilitators Ariba, Inc. (Nasdaq:ARBA), Oracle (Nasdaq:ORCL), BMC Software (NYSE:BMC), and Microsoft (Nasdaq:MSFT), is available at www.SmallCapSentinel.com/pweb
Market Update: Pacific WebWorks, Inc. announced before the market opened this morning that the company is experiencing stronger revenue growth than earlier forecast for 2009. The report states that the company is continuing to experience record monthly revenues and is now comfortable upgrading its full year forecast. Last year, the company generated $9.2 MM in revenue and previously anticipated $23-$24 MM for the full year ending December 31, 2009. The company now believes that 2009 revenue will be between $26-$28 MM.
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. 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.
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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.