PHOENIX, Feb. 6, 2006 (PRIMEZONE) -- PayStar Corporation (Pink Sheets:PYST), a holding company, today announced today the completion of its Corporate move to Phoenix, AZ.
Ron Howard, president of PayStar Corporation, commented, "I am pleased with the new facilities and look forward to affecting the company in its fresh direction as a holding company."
Chairman Cliff Goehring stated, "This move to Arizona and Mr. Howard's instant positive reaction to the desires and needs of the new holding company have facilitated PayStar in attracting immediate additional opportunities to the company. Ron's extensive knowledge and management experience in Pecuniary Services has presented novel opportunities for review in related technologies."
About PayStar
PayStar Corporation (www.paystar.com) is quickly becoming a diverse Investment Holding company in the self-serve industries of financial self-service products and financial kiosk technologies. Recent divestitures have given PayStar significant stock assets in financial kiosk and prepaid ATM debit card (stored-value) companies. PayStar will continue to entertain divesting existing company division assets, while seeking out strategic investments in the unbanked and self-service related private and public companies.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.The words or phrases "would be," "would allow," "intends to'" "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.