SOURCE: Trustcash

August 13, 2009 16:15 ET

Trustcash Signs Merchant Services Agreement and Begins Integration With Alligato Inc. to Provide Online Payment Solution

ATLANTA, GA--(Marketwire - August 13, 2009) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (PINKSHEETS: TCHH) today confirmed that it has concluded its negotiations with Alligato Inc. and has commenced integration to provide an alternative payment solution for their mobile long distance users.

Alligato markets its service under the www.CellLongDistance.com brand.

Trustcash Management comments: Through Alligato's www.celllongdistance.com brand large member based organizations, existing service providers, application providers and web communities have access to cell phone long distance for their customers and members with greater quality and at significantly lower costs (up to 90% savings).

Alligato currently offers its customers a postpaid billing model via credit card. Alligato management are excited to integrate Trustcash as an alternative, secure, private and reliable payment system which can be instrumental in the expanding distribution of their cell long distance service.

About Trustcash

Through its Trustcash brand and website (www.trustcash.com), Trustcash is a pioneer of anonymous payment systems for the internet. Trustcash developed a business based on the sale of a virtual stored value card that can be used by consumers to make secure and anonymous purchases on the internet. The company markets its Trustcash™ payment card, which is sold in denominations ranging from $10 to $200 online. The Trustcash™ card is "stored value card" produced where no personal data is stored by or available to a vendor or merchant, providing a unique level of both security and privacy to the purchaser.

Cautionary Statement Regarding Forward-Looking Statements

A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.

Contact Information

  • Contact:
    Trustcash Holdings, Inc.
    Shareholder Communications
    Email Contact
    1-800-975-5196