SOURCE: PayChest, Inc.

May 04, 2006 11:40 ET

PayChest Is Aggressively Moving Toward Its Ultimate Goal

MEXICO CITY -- (MARKET WIRE) -- May 4, 2006 --PayChest, Inc. (OTC: PYCT) is aggressively moving toward its ultimate goal as a leader in the third party on-line payment processing system. As in any great venture we have experienced challenges in coordinating the proprietary banking end of PayChest.

Already, we have established an excellent team in the Philippines for a customer service center, as well as the Asian offshore banks to develop our common goal.

We appreciate our investors being patient so we can all reach the common goal consistent with the wishes of the board of directors in reaching the success and become live shortly.

About PayChest, Inc.

Founded in 2005, PayChest has developed a proprietary and secure back end payment processing system that can easily be accessed and utilized by anyone with web access and an e-mail address in any country around the world. PayChest has developed a processing system that leverages the existing financial infrastructure of the global banking community and/or credit card companies to enable consumers and business owners located in every corner of the world to securely send, receive and/or process payments with others via the company's Web site. The company's payment processing system operates in real time and incorporates a user interface that is designed to be convenient for any user and does not require any technical know-how to send and receive payments. For more information please contact Alejandro Cerda CEO, +(5255) 5673.2364, Gavillero 32, Residencial Villa Coapa, 14390, Mexico D.F., Mexico, www.paychest.com.

This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.

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