Perfect Web Technologies (Pink Sheets: PWBI) Announces Acquisition with Digital Communications

October 4, 2007 – Perfect Web Technologies recently announced that through its subsidiary The Perfect Web Inc. it will acquire Digital Communications Inc. in an effort to enhance the short and long-term goals of the company.

Constructed for the purpose of making acquisitions, Perfect Web is a series of integrated technologies optimizing the use of the Internet by providing Web-based applications and B2B2C marketing solutions designed for marketers. The company holds a portfolio of patents for electronic document publishing, e-mail management and distribution, e-commerce and marketing tools and more.

“The management of Digital Communications Inc. has over 30 years experience in the telecom industry. This management group was instrumental in building Able Telecom, a NASDAQ company, to the level at which gross revenues exceeded $600 million per year," Thomas L.

DiStefano III, CEO of Perfect Web Technologies Inc., said in the press release.

According to the press release, Digital Communications is a telecom infrastructure development company; through its subsidiaries, the company has booked more than $12 million in sales with four large contracts, each with the potential to gross more than $100 million in gross revenue.

“This team has built a successful operation, has the master contracts in place, has the know-how and expertise to quickly grow into a dominant player by taking full advantage of their 'been there and done-it before' attitude," DiStefano stated.

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