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[QUOTE]Originally posted by mo-rydr: [QB] PWEB 0.06 / 0.016 August 18, 2006 - 1:20 PM EDT Pacific WebWorks Reports Revenue Growth for 2006 2nd Quarter Pacific WebWorks Inc. (OTCBB:PWEB) today reported revenues of $1,579,057 for the quarter ended June 30, 2006. This represents a 60% increase over revenues reported for the same quarter in 2005. Revenues for the six months ended June 30, 2006 amounted to $3,113,956, a 68% increase over the same period in 2005. Revenues increased in every revenue category with the most notable growth coming in the areas of software access and license fees and training and education. CEO Ken Bell stated, "Second quarter 2006 results, as well as our results for the six months ended June 30, 2006, continue a pattern of increased revenues when compared to the same period for the previous year. It also represents continued growth throughout our revenue categories. Losses persist but at a considerably reduced level for the second quarter of 2006 when compared to the same period for 2005." Bell continued, "While revenue growth continues and losses have decreased in an effort to increase cash generated from operations we are actively pursuing new and more effective methods to market our products. We are pleased with our progress on that front and look forward to positive developments in this area over the balance of this year." 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 wholly owned subsidiary IntelliPay develops and provides trusted electronic transaction processing and payment products and services. Pacific WebWorks wholly owned subsidiary TradeWorks Marketing is a sales and marketing organization created to market Pacific WebWorks and IntelliPay products. Forward-Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The company's actual results could differ materially from expected results. Pacific WebWorks Inc., Salt Lake City Ken Bell, 801-578-9020 [/QB][/QUOTE]
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