Shazamstocks.com Announces One Year Profile Extension of Asia Payment Systems, Inc.


GRANGER, Ind., May 10, 2005 (PRIMEZONE) -- Ken Weiner, Publisher of Shazamstocks.com, today announced that it has extended profile coverage of Asia Payment Systems, Inc. (OTCBB:APYME). Weiner stated "We are pleased to continue to cover the growth of Asia pay for another year." You can view the complete profile at http://www.shazamstocks.com/profiles/apym/index.php

About Asia Payment Systems, Inc.

Asia Pay is a Nevada incorporated company with offices in Seattle, WA, Beijing and Shenzhen in China, and in Hong Kong. Asia Pay is developing a credit card processing network that provides clearing services to Merchants, Oil Companies, and Financial Institutions in China and in related markets elsewhere in Asia.

Asia Pay's mission is to be a national provider of world-class third-party processing services in China to bankcard accepting merchants, issuers of bank credit cards, issuers of petroleum station retail cards, and to issuers of merchandise and other retail cards. Systems, hardware and personnel are now in place to enable Asia Pay to commence delivering service to clients. In addition, the company is continuing to identify sources of additional financing to permit the start-up of nationwide operations in the China market.

For more information on Asia Payment Systems (Asia Pay), please visit: http://www.asia-pay.com

About Shazamstocks.com

Shazamstocks.com publishes profiles on up and coming publicly traded companies. Shazamstocks.com is one of the nation's top Internet destinations for small cap stock information. To feature your company, please call Ken Weiner, our Publisher at (574) 273-8755 or email editor@shazamstocks.com.

Disclosure: Shazamstocks.com has been compensated by Asia Payment $10,000 a month for one year of coverage.

http://www.shazamstocks.com

Safe Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," "promise," "seeking to," "negotiating to" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.



            

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