SOURCE: PayChest, Inc.

March 02, 2012 11:10 ET

PayChest: Mibella Brand Packaging/Upcoming Sales Contracts

HONG KONG--(Marketwire - Mar 2, 2012) - Paychest, Inc. (PINKSHEETS: PYCT)

PayChest, Inc. (the "Company") announces new pack sizes for its Mibella brand of flushable and biodegradable pads.

In anticipation of potential sales of its Mibella brand of flushable and biodegradable sanitary pads, and as part of sales negotiations in Asia, South America and North America, the Company has added new pack sizes of 10, 16 and 32 sanitary pads.

The Company is in negotiations for purchase orders from these, and other, regions and anticipates an announcement shortly.

Each country or region has its standard or accepted norm for pack sizes. Mibella and Flushaway® are packed to conform to these local standards as one part of maximizing consumer acceptance in each local market.

The Company is rapidly moving forward with its Mibella and Flushaway® business model. The Company has and is expected to release a number of news releases over the next short while. Shareholders are encouraged to contact the Company and add their e-mail addresses to receive news releases. Shareholders and interested investors are encouraged to view the www.paychest.com website more frequently as the Company expects to release a number of news releases in the coming months.

Historical news releases on the Company can be found at http://www.paychest.com/news.htm.

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's filings with OTC Markets http://www.otcmarkets.com/stock/PYCT/financials.

Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made.

Contact Information

  • Contact:
    Paychest, Inc.
    ir@paychest.com

    Tom Hands:
    1-416-619-5242
    from overseas: +1-416-619-5242

    Tobie Oliver:
    1-800-624-7479
    from overseas: +1-714-274-7206