Peoplesway.com Inc. (OTCPK:PLWY) has been in initial discussions with possible acquisition candidates and those talks are advancing rapidly. One of the companies that we have been evaluating is in the technology sector. The initial due diligence is very promising and our team is moving as quickly as possible to advance our discussions to the point that we can reach a final agreement.

"We want to be prudent, but we also want to move forward with our expansion plans at a rapid pace. Our Chairman and CEO have been involved in the development of one of our first acquisition targets that is poised to take advantage of the growing market for web based ideas, products and platforms," said Gene Johnston, Chief Executive Officer. Peoplesway.com will make an announcement on any progress made towards finalizing this or any other deal that is under consideration.