July 09, 2014 08:30 ET

Peoplesway.Com, Inc., Completes Acquisition of Idea WebCatcher Holdings

CHARLOTTE, NC--(Marketwired - Jul 9, 2014) -  Peoplesway.Com, Inc. (OTC Pink: PLWY) (PINKSHEETS: PLWY)

Peoplesway is pleased to announce that we have completed the acquisition of 100% of Idea WebCatcher Holdings, Inc. 

We were able to close the transaction and are excited to begin the expansion of the business model. Under the terms of the agreement, we have acquired 100% of the stock of Idea WebCatcher, its business model, customer list, potential client lists, projects in process and all other intellectual property. Idea WebCatcher will continue to operate under the same name as a wholly owned subsidiary of Peoplesway. 

"We believe in the results that we can achieve with the projects that are currently in review and those being considered and that they can generate millions of dollars in revenues over the coming months. We will move as quickly as possible to fully implement the full business plan envisioned for Idea WebCatcher. We encourage anyone with the next great cloud or web based idea to submit them for review and consideration," said Donald Monroe, Chairman.

About Peoplesway, Inc., headquartered in Charlotte, N.C. has historically been an international direct marketing company with an emphasis on its proven proprietary products including products related to the health and wellness industry. It more recently began targeting companies with high growth potential in the technology sector that can be acquired.

Forward Looking Statement

Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of Company's products and services and markets for such products and services, the timing and level of customer orders, competitive products and service, changes in economic conditions and other risks and uncertainties. Although the Company believes the statements are reasonable, it can give no assurance that such expectations will prove correct. The Company cautions that any forward-looking statements contained herein are not a guarantee of future performance and that actual results may differ materially.

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