SOURCE: PayChest, Inc.

May 01, 2008 17:25 ET

PayChest Schedules Announcement of New Business Venture for May 7th, 2008

VANCOUVER, BC--(Marketwire - May 1, 2008) - PayChest, Inc. (PINKSHEETS: PYCT), an integrator of commerce platform solutions, announced today that the company has been reviewing a number of business opportunities worldwide over the last several months. An announcement confirming the completion of a deal will be made on May 7th, 2008. The deal will lead the company in a new direction and may result in a change of management upon completion.

About PayChest

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 a rewards-based platform to integrate into an existing business system.

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