Perfect
Web Technologies, Inc. Spins-Off Subsidiary
August
05, 2008 - Perfect Web Technologies,
Inc. announced today that it has spun-off
Willing Holding, Inc. to its shareholders.
The
Company's wholly owned subsidiary
Willing Holding, Inc. has been spun
off to its shareholders of record
as of July 31, 2008. The stock distribution
ratio is 1 share of Willing for 74.8
shares of the Class A Common Stock
of PWBI.
The
Company through its transfer agent
is distributing an Information Statement
to its shareholders of record as of
July 31, 2008.
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