NEW YORK, Feb. 10, 2003 (PRIMEZONE) -- InstaPay Systems, Inc. (OTCBB:IPYS) has enrolled in the unique shareholder empowerment platform administered by Investrend Communications, Inc., a provider of financial intelligence programs.
Institutional research coverage will be initiated by Investrend Research analyst Gary Vassalotti, and the company will also be participating in Investrend Broadcast's CEO of the Week(TM) webcast in partnership with ON24.
InstaPay's focus is on the implementation of Internet payments via an ATM/Debit card from home or office, for transactions requiring a real-time guarantee of funds such as securities purchases. PayENKRYPT(TM) is InstaPay's patent-pending service for online payments. Once the online securities market is established the company intends to expand its horizons to the entire e-Commerce market.
For more information, visit http://www.instapaysystems.com/ and http://www.Kryptosima.com.
An InvestorPower(TM) page has been created at http://www.investrend.com/company/list.asp?sPathParam=yes.
Mr. Vassalotti has his own equity analysis and portfolio management practice. He previously worked with First American Bank, NA, First Union National Bank (now Wachovia Bank), and Montag Management, and has an overall interest in global markets. Mr. Vassalotti is a member the AIMR, and a former member and board member of the North Carolina Investment Advisors Association. Mr. Vassalotti has a B.S. in Finance with an emphasis in Economics from The Pennsylvania State University. He has completed Level I of the Chartered Financial Analyst (CFA) program.
Investrend Research has been the leading independent equity research publishing and distribution program since 1996, with over 65 AIMR-qualified professional analysts posting more than 500 reports to date. Anyone may enroll a company in the Investrend platforms. Enrollment fees for the Institutional Research platform is $2,150 per month, and the CEO of the Week(TM) program, which provides shareholders with a dynamic view into the company's operations and its chief executive officer, is listed at $2,485. These enrollment fees are being paid by a shareholder, Osatron Holdings Corp.
Anyone interested in receiving alerts regarding InstaPay Systems research or webcasts should e-mail info@investrend.com with "IPYS" in the subject line, or click on http://www.investrend.com/contact.asp.