News, looks as if PAVC has something positive going on.
from the PR
“One of the key highlights of this past year includes a partnership with a major retail distributor of prepaid product services."
May 9, 2007 - 9:21 AM EDT
Paivis Corp. Hires The Investor Relations Group of New York
Paivis Corp. (PAVC.OB) has retained The Investor Relations Group, Inc. (IRG), a full-service firm, to serve as its new investor relations and corporate communications agency.
“Paivis is entering an exciting time during which we are focused on expanding our marketing and sales activities,” said Greg Bauer, Chief Executive Officer of Paivis Corp. “One of the key highlights of this past year includes a partnership with a major retail distributor of prepaid product services. This gives Paivis a significant national retail base to grow our core business over the next few years. With our products currently available in more than 5,500 retail outlets and our ability to leverage the Company’s proprietary platform to provide the highest quality services at low costs, we believe we have a well designed growth story. The Investor Relations Group will ensure that all our important milestones will reach the investment community and the media.”
IRG will strive to increase investor and industry awareness of Paivis Corp. within the U.S. and world markets by introducing the Company and its management to pre-qualified fund managers, analysts and the media-at-large.
About Paivis Corporation
Paivis Corp. is a wholesale telecommunications carrier that sells prepaid “point-of-sale activated” and live cards, these calling cards are currently in approximately 5000 retail outlets in the U.S. Current retail distribution reaches over 5,000 locations, generating approximately $7 million in annual revenue. Paivis is poise to increase this distribution each month.
Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country’s major retail outlets, including Duane Reade, 7 Eleven, and Chevron and marketed through important distribution agreements. Paivis focus on marketing its phone cards to many ethnic communities that generate high levels of international traffic. The cards provide access to more than 230 countries.
About The Investor Relations Group
The Investor Relations Group, Inc. (IRG), founded in 1996, represents select publicly traded companies, with a unique specialization for assisting those in the small-cap sector. IRG arranges one-on-one meetings for its portfolio companies with pre-qualified money managers handling investment portfolios that range from $10 million to $10 billion+ selected from its proprietary contact base of over 70,000 qualified fund managers who have an investing history in small cap stocks. IRG's corporate communications services include writing all press releases and shareholder communications and serving as primary contact for the investing community, with the focus of building awareness of its companies within the financial and trade media, as well as the public at large. For further information, please visit the company's website at www.investorrelationsgroup.com.
FORWARD-LOOKING STATEMENTS: The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof.
Paivis Corp.
Greg Bauer
Chief Executive Officer
404-601-2885
www.paivis.com
or
The Investor Relations Group
Investor Relations: Katrine Winther-Olesen
Media: Richard Wagner / Mike Graff
212-825-3210
Source: Business Wire (May 9, 2007 - 9:21 AM EDT)
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