Perfect Web Technologies, Inc. Update to Shareholders and Announces Annual Shareholders Meeting on November 9, 2007

BOCA RATON, Fla., Oct. 9 /PRNewswire-FirstCall/ -- Perfect Web Technologies, Inc., (Pink Sheets: PWBI) a technology company that provides B2B2C marketing solutions, invented and owns key Internet, software and business method patents and provides financial merchant services brings its shareholders up to date and announces its annual shareholders meeting.

The annual shareholders meeting will be held at the offices of Carey, Rodriguez, Greenberg & Paul LLP between 2:00PM until 4:00PM on November 9, 2007. For directions go to http://www.perfectwebtech.com/investor.html.

Perfect Web Technologies, Inc. has redefined and enhanced its corporate structure since July of 1997 to maximize the use of its internal resources for research and development. As an e-mail and online marketing pioneer, PWBI's core business strategy is focused on the OPT-IN e-mail and online marketing industry, which are supported by its broad portfolio of intellectual properties.

* October 9, 2007 Perfect Web's Subsidiary Adds Top Industry Consultants, Seeks Additional Telecom Opportunities. http://www.perfectwebtech.com/news10_09_07.html

"We will continue to look for telecommunication and technology opportunities with the hope of bringing to close deals that positively affect our shareholder value," stated Thomas L. DiStefano III CEO, Perfect Web Technologies, Inc.

* October 2, 2007 PWBI subsidiary The Perfect Web, Inc. Sets Out to Acquire Telecommunication and Technology Assets. http://www.perfectwebtech.com/news10_02_07.html * September 11, 2007 Perfect Web's Business Divisions Provide Diversified Growth. http://www.perfectwebtech.com/news09_11_07.html * September 7, 2007, Perfect Web Technologies, Inc. Retains MicroCap Management, LLC as its Corporate Communications and Broker Relations Firm. http://www.perfectwebtech.com/news09_07_07.html.

Alan Siegel, MicroCap Management's Managing Director states, "We are very excited about PWBI's growth in the first 30 days of the campaign, and expect to continue to see progressive business developments."

* September 7, 2007, Perfect Web's Division, Perfect Web Resources Adds 25 Million New Targets. Perfect Web Resources has added an additional 25 million e-mail data files and now manages over 220 million made up of 285 segmented lists.

"We continue to re-OPT-IN our lists and create new specific groups within each target. We are testing our Mail Wiz(R) ASP and database technologies in a re-OPT-IN campaign with the goal of creating data that wants to receive time sensitive and very specific information," stated Vikram M. Gautam, President of Perfect Web Resources, LLC, a Division of Perfect Web Technologies, Inc.

* March 29, 2007, Perfect Web Technologies alleged intentional violation of its 6,631,400 patent titled "Method For Managing Bulk E-Mail Distribution" by infoUSA (NasdaqGQ:IUSA). http://biz.yahoo.com/iw/070329/0232794.html

"This litigation is a fundamental case of protecting the valuable intellectual property we have developed for the future of the e-mail marketing and management industry. With notice of our rights, infoUSA knowingly took and has continued to use our valuable inventions throughout a wide variety of their business operations and subsidiaries. In effect, they are trying to get away with using our inventions everyday to enrich themselves without appropriate acknowledgement or compensation. While we acknowledge that infoUSA has built a sizeable presence in the industry, it has done so unfairly by utilizing our patented technology without authorization. We are therefore asking the court system to enforce the patent on our inventions and remedy this blatant case of infringement," stated Thomas L. DiStefano, III, Chairman and CEO of Perfect Web Technologies, Inc.

About Perfect Web Technologies, Inc.

Perfect Web Technologies, Inc. is a series of integrated technologies that optimize the use of the Internet. As a provider of web based applications and B2B2C marketing solutions designed for marketers it is built through technology development and acquisitions and provides financial merchant services. It is licensing its portfolio of six patents and patents pending that represent key Internet and software technologies and business methods. The patents cover electronic document publishing, e-mail management and distribution, e-commerce and marketing tools, access management to electronic documents and electronic document collaboration. For more corporate information visit http://www.perfectwebtech.com/.

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