SOURCE: Paivis, Corp.

April 28, 2008 13:51 ET

Paivis, Corp. Announces It Expects to Complete Certain Key Merger Agreement Deliverables by May 15, 2008

ATLANTA, GA--(Marketwire - April 28, 2008) - PAIVIS, CORP. ("PAIVIS") (PINKSHEETS: PAVC) today announced it has progressed significantly on certain key deliverables required pursuant to the merger agreement with TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (OTCBB: TCHH). Specifically our internal technology audit is expected to be complete by May 15, 2008.

Edwin Kwong, the Interim Chief Executive Officer of PAIVIS, commented: "Upon Trustcash's filing of their 10K we commenced our final review and also expect to complete that important task between May 9 and May 15, 2008. We are going to keep up the pace to complete what has to be done under the merger agreement as quick as possible. We will continue to keep our shareholders informed."

About Paivis, Corp.

Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets, including Duane Reade, 7-Eleven, and Chevron.

About Trustcash

Through its Trustcash brand and website www.trustcash.com, the Company is a pioneer of anonymous payment systems for the internet. It developed a business based on the sale of a stored value card that can be used by consumers to make secure and anonymous purchases on the internet without disclosing their credit card or personal information. Trustcash provides to its customers the "Trustcash™" payment card, which is sold in denominations ranging from $10 to $200 online through any of over 500 websites. Trustcash's non-reloadable, virtual Trustcash card is the only "stored value card" that can be purchased where no personal data is stored or available, providing a unique level of both security and privacy to the purchaser.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.

Statements contained herein that are not based on historical fact , as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. TRUSTCASH and PAIVIS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause TRUSTCASH and PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in TRUSTCASH and PAIVIS annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.

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