Business Services Industry

Pacific WebWorks Inc. Enters Into Venture With Unishippers Association Inc

Business Wire, Feb 9, 2000

Business/High-Tech Editors

SALT LAKE CITY--(BUSINESS WIRE)--Feb. 9, 2000

Pacific WebWorks, Inc. (OTC BB:PWEB) has signed a Letter of Intent with Unishippers Association Inc. Pacific WebWorks will be developing an Internet Document Delivery Service (IDDS)(TM) on the Internet. In addition, both companies will resell the new IDDS(TM) software as well as Pacific WebWorks' Visual WebTools(TM) software.

With this alliance, Pacific WebWorks will be able to distribute Visual WebTools(TM) through Unishippers' Sales Networks. This includes 300 U.S. franchises and a business-to-business sales network of 400 established sales representatives.

The new IDDS(TM) technology will allow business customers, as well as the shipper, to digitally deliver documents through a secure, encrypted system directly to the recipient. This eliminates the security issues, cost factors and time of arrival problems currently found in traditional shipping and document courier services.

&uot;We are excited to develop the IDDS(TM) system for Unishippers and believe that it will be a profitable asset to the future technologies of the company. The new IDDS(TM) technology, which will be part of our alliance with Unishippers, could potentially be integrated into our next release of integrated software products, V4. Through this agreement, both Unishippers and Pacific WebWorks will be able to increase its services to a broad client base for sales and name recognition,&uot; stated Christian Larsen President/CEO of Pacific WebWorks, Inc.

As a reseller of Pacific WebWorks technologies, Unishippers will offer their current client base and each of their franchises the ability to sell Visual WebTools(TM) as well as the IDDS(TM) capabilities to over 200,000 businesses.

&uot;The potential of selling our complete e-business services to this established network of small to medium-sized business will be massive. This agreement will be very good for Pacific WebWorks,&uot; continued Mr. Larsen.

Pacific WebWorks believes that this agreement will bring an estimated $3 million in additional revenue this year.

About Unishippers Association Inc.

Unishippers is the largest reseller of transportation services in the U.S., combines the overnight air express volume of thousands of businesses across the country by operating through a franchise system. This volume qualifies Unishippers for discounts and benefits that only large corporations receive through major air or ground carriers.

Unishippers has made arrangements with Airborne Express, TNT Express Worldwide, BAX Global, Pilot Air and other carriers to provide the actual pickup, transportation and delivery of the shipment. Unishippers provides consolidated billing, customer service, carrier supplies, and package tracking services. More than 200,000 businesses are enjoying the advantages Unishippers offers. You can learn more about Unishippers by accessing its company web site at www.unishippers.com.

About Pacific WebWorks, Inc.

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 that 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 from 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.

COPYRIGHT 2000 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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