Business Services Industry
Pacific WebWorks, Inc. Announces Resignations
Business Wire, Sept 14, 1999
SALT LAKE CITY--(BUSINESS WIRE)--Sept. 14, 1999--
Pacific WebWorks, Inc. (OTC BB: PWEB) announced today that the following individuals have resigned as officers and/or directors for personal reasons, effective immediately: Bryan Larsen, Secretary and Director; Nat Mitchell, Chief Financial Officer.
The Company also announced that the Board appointed Mark Jensen to serve as Chief Operations Officer and Secretary and Mat Dastrup to serve as Chief Financial Officer. Their succession will be simultaneous with effective resignation date of the above officers.
Pacific WebWorks, Inc. trades on the Electronic Pink Sheets under the symbol: "PWEB".
Pacific WebWorks, Inc. engineers business software technology for the Internet based on their proprietary source code. The Company's premier product, Visual WebTools(TM), allows businesses to create, manage, maintain and edit a web site by and for themselves without the costs and time delays traditionally associated with this process. The user of Visual WebTools(TM) can make changes and additions to their web site instantly 24 hours a day, seven days a week.
The above statements, regarding this announcement which are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Pacific WebWorks, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Pacific WebWorks, Inc. as of such date. It is important to note that actual outcome and the actual results could differ materially form those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative and marketplace changes.
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