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Perfect Web Technologies (PWBI.PK) Announces Acquisition with Digital Communications

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.

Let us hear your thoughts: Perfect Web Technologies Board
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