SOURCE: Paivis, Corp.

October 22, 2007 11:31 ET

Paivis, Corp. Provides Outlook for Company and Its Acquisitions

ATLANTA, GA--(Marketwire - October 22, 2007) - Paivis, Corp. (OTCBB: PAVC) ("PAIVIS" or the "Company") today provides an outlook for the Company and its prospective acquisitions.

The Company believes that, based on its current and future plans, it is currently undervalued, but that its recent positive developments and upcoming activities will assist to provide strength to its financial statements and ultimately provide growth in shareholder value.

Specifically, upon successful consummation of its two recently announced acquisitions, the Company expects the following outlook:

--  Revenue growth from 2006 revenues of $7,000,000 to approximately
    $73,000,000 (unaudited)
--  Lines of business expansion from three to six
--  Entering a highly desired business line of GSM cellular and prepaid
    cellular service
--  Distribution locations growth from 7,500 to approximately 15,000.

In addition to the above the Company anticipates that it will:

--  Achieve significant cost savings post-integration in systems and
--  Improve cash flow significantly
--  Add quality talent to the existing management team
--  And be in a position to hopefully generate quality earnings in a
    reasonable time period.

Edwin Kwong, Interim CEO of Paivis, Corp., commented, "We look forward to capitalizing on all of the above positive outlook items which we believe can be achieved in combination with our announced acquisitions. We feel confident in the closing of the pending acquisitions and bringing an improved level of success, growth and potential for the Company."

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.


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. PAIVIS intends 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 PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in 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

Contact Information

  • Contacts:
    Paivis, Corp.
    Edwin Kwong
    Interim Chief Executive Officer
    Phone: 404-601-2885