December 17, 2009 13:36 ET
PayChest Inc.'s Flushaway Tests Successful
HONG KONG--(Marketwire - December 17, 2009) - PayChest Inc. (Arizona) (PINKSHEETS: PYCT).
PayChest Inc. announces that the trial production of samples of the new
Flushaway product during August and subsequent modifications have finally
yielded a successful sample product. The samples
were tested under high humidity, high temperature and other conditions that
were problematic in the
previous consignments of commercially available Flushaway product and
passed with flying colors.
This significant milestone marks a turning point for PayChest and its
partners as PayChest prepares for
commercial production of the new Flushaway product . PayChest is currently
in final negotiations with two high quality manufacturers to achieve its
production and profitability objectives and looks forward to
the re-emergence of the new Flushaway product into the commercial market in
early 2010.
About PayChest (Arizona)
PayChest, a global marketing company and developer of technology solutions,
and its strategic partner companies market and distribute select products
and services worldwide, which provide an increased public awareness to
conserve and preserve the world's limited resources.
About the proposed dividend PayChest (Oregon)
PayChest and its strategic partner companies are developing integrated
commerce processing solutions utilizing cutting edge technologies to
deliver in store, online and mobile solutions globally. These include
turnkey point of sale solutions, gift and loyalty portal systems, ACH
electronic systems, online and mobile payment platforms and rewards-based
platforms to integrate into an existing business system.
Safe Harbor Statement
The foregoing press release contains forward-looking statements. For this
purpose any statements contained in this press release that are not
statements of historical fact may be deemed to be forward-looking
statements. Without limiting the foregoing, words such as "may," "will,"
"expect," "believe," "anticipate," "estimate," "continue," "can" or
comparable terminology are intended to identify forward-looking statements.
These statements by their nature involve substantial risks and
uncertainties and actual results may differ materially depending on a
variety of factors.