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Access Worldwide Communications Inc (AWWC) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2006

Access Worldwide Communications Inc

CIK: 1048422 Ticker: AWWC

EX-99.1
2
aw8838ex991.txt
EXHIBIT 99.1

                                                                    Exhibit 99.1

                            Access Worldwide Provides
                              2007 Revenue Guidance

    ARLINGTON, Va., Feb. 6 /PRNewswire-FirstCall/ -- Access Worldwide
Communications, Inc. (OTC Bulletin Board: AWWC), a Business Process Outsourcing
services company, today established 2007 revenue guidance of $38 million which
reflects 40% revenue growth from 2006. The Company expects to realize continued
operational efficiencies and scale in 2007 in both its domestic and
international operations.

    "We have invested in our business development team and operations over the
past two years and are starting to realize the benefits. We now have
approximately 1,400 production seats including 700 which are located in the
Philippines. We will continue to expand our business development team and our
off shore operations during 2007," said Shawkat Raslan, Chairman, President and
Chief Executive Officer of Access Worldwide. "We are very pleased with the
performance of our domestic operations and expect continued revenue growth
during 2007. Our goal is to maximize the utilization of our domestic capacity
while expanding our international capacity."

    About Access

    Access Worldwide Communications, Inc. (OTC Bulletin Board: AWWC), is a
leading business process outsourcing ("BPO") services company that offers
customer management and other BPO services from its offices in the United States
and the Philippines. Headquartered in Arlington, Virginia and with approximately
1,000 employees worldwide, Access Worldwide supports clients in a variety of
industries, including financial services, technology, telecommunications,
consumer products, healthcare and media. More information is available at
http://www.accessww.com.

    Important Notice

    This press release contains forward-looking statements about, among other
things, the Company's estimated revenue. These statements involve known or
unknown risks and uncertainties, and actual results may differ materially from
those expressed or implied by such forward-looking statements. Risks and
uncertainties include the outcome of the review and audit process that takes
place during the year, and the possible adjustments that may result. Other
factors that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements, include, but are not
limited to, the following: our ability to continue as a going concern if we are
unable to generate cash flow and income from operations; competition from other
third-party providers and those clients and prospects who may decide to do work
in-house that we currently do for them; our ability to successfully operate our
facilities in the Philippines; potential consumer saturation reducing the need
for services; our ability and clients' ability to comply with state, federal and
industry regulations; our reliance on a limited number of major clients and the
reduction in services performed for or the loss of one or more major clients;
our ability to develop or fund the operations of new products or service
offerings; our reliance on technology; our reliance on key personnel and labor
force and our ability to recruit additional personnel. For a more detailed
discussion of these risks and others that could affect results, see our filings
with the Securities and Exchange Commission, including the risk factors section
of Access Worldwide's Annual Report on Form 10-K for the year ended December 31,
2005 filed with the Securities and Exchange Commission. The Company assumes no
duty to update any forward-looking statements.

SOURCE  Access Worldwide Communications, Inc.
    -0-                             02/06/2007
    /CONTACT: Mark Wright, Investor Relations of Access Worldwide
Communications, Inc., +1-703-292-5210, mwright@accessww.com/
    /Web site:  http://www.accessww.com/
    (AWWC)



The following information was filed by Access Worldwide Communications Inc (AWWC) on Tuesday, February 6, 2007 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Definitive Proxy Statement (Form DEF 14A)
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Access Worldwide Communications Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2007 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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SEC Filing Tools
Ticker: AWWC
CIK: 1048422
Form Type: 10-K Annual Report
Accession Number: 0001193125-07-081887
Submitted to the SEC: Mon Apr 16 2007 5:28:15 PM EST
Accepted by the SEC: Mon Apr 16 2007
Period: Sunday, December 31, 2006
Industry: Management Consulting Services

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