Pacific WebWorks, Inc. (PWEB.OB) Announces International Expansion
Source: http://Blog.QualityStocks.net/?p=17007Posted on Thursday, August 6th, 2009 | In Market Commentary, Small & Micro Cap
Yesterday, Pacific WebWorks, Inc. announced that approximately 8% of its thousands of new customers for the month of July are international clients. According to the press release, many of these new clients are from English-speaking areas such as Australia, Canada, the Caribbean, and Europe.
“Growth coming from previously unexplored areas will help us continue to progress going forward,” stated Ken Bell, CEO. “These new geographical regions that are beginning to utilize our product emphasize the success of our marketing programs and the ease of use of our products worldwide. The company has made a substantial investment in upgrading its marketing reach and internal infrastructure to handle the growth experienced in the 2nd quarter of 2009 and continuing into the 3 rd quarter, both domestically and internationally.”
He added, “While there were many one-time costs associated with the 2nd quarter, the efficiency of the company moving forward will be increased substantially contributing to positive results in future quarters,”
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