Pacific WebWorks, Inc. (OTCBB: PWEB) reported a third quarter revenue increase to $9,688,955 from the third quarter of 2008 results of $1,775,162. For the first nine months of 2009 the revenues totaled $21,524,424 compared to 2008's first nine month results of $7,351,878.
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The total cash assets for the company increased by 60.0% to $7,165,336 on June 30, 2009 from $4,482,215 at December 31, 2008. The company's increases are related to their success of their online marketing strategies and partnerships which are directly targeting the acquirement of new customers.
About Pacific WebWorks, IntelliPay and TradeWorks Marketing
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.
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