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PYPR-Fourth Quarter Net Earnings Up 545 Percent Over Third Quarter

DALLAS, TX and PANAMA CITY, PANAMA, Feb 15, 2007 (MARKET WIRE via COMTEX) -- PANAMERSA Corporation/PayPro Inc. (PINKSHEETS: PYPR) released their fourth quarter financials today and posted net earnings up 545% over third quarter net earnings for 2006. Actual net earnings for fourth quarter exceeded projections of a 400 percent increase announced December 11, 2006.
"We are excited about the steady rate at which we continue to grow," said Mike Terrell, President of PANAMERSA Corporation/PayPro Inc. "I expect to see this trend increase even more now that we have our foundation solidified and are just starting to execute our business plan. I am extremely pleased to be a part of the amazing grouping of companies that PANAMERSA holds."

Fourth quarter net earnings were $21.6 million verses third quarter net earnings of $3.9 million, with annual revenues of $46.4 million and year end net profits of $27.4 million.

"While we are happy to see these numbers, we are committed to becoming a fully reporting company on our way to becoming a NASDAQ listed company," added Terrell