PAIVIS Corp (fka PAVC)

[Dallas66]

Paivis Corp. Soldifies an Increase in Distribution Locations by 35%, Confirms Substantial Progress With Acquisition Targets and Comments on Online Trading
Thursday May 31, 10:47 am ET


ATLANTA, GA--(MARKET WIRE)--May 31, 2007 -- Paivis Corp. ("PAIVIS" or the "Company") (OTC BB:PAVC.OB - News) is pleased to confirm it has solidified a more strategic business relationship with W.L. Petrey Wholesale ("Petrey"), an existing long term customer of the Company. This new service level with Petrey will upgrade the existing technology infrastructure to a more robust platform, allowing more profitable product lines to be sold by the Company's subsidiary Trucall Solutions, Inc. to Petrey and increase the number of locations for the distribution of Paivis prepaid long distance phone cards and other products from a total of 5500 locations to 7500 locations, an increase of approximately 35%. The Company anticipates this upgrade with Petrey will be a significant boost in annual revenue in months to come. Petrey is committed to price, placement and performance of product that bring loyalty back to its customer stores. More information about Petry can be found at www.petrey.com.
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Warren Jackson, President of Pretry Wholesale, comments: "We are impressed with the future plans for Paivis and are pleased to be able to be part of the growth ahead."

Company Tenders Purchase Offer

The Company also confirms it is in substantive negotiations with two acquisition targets and has tendered offers to purchase both companies for cash and stock.

These targets sell primarily prepaid long distance phone cards and prepaid cellular phone products.

The acquisitions have provided unaudited statements as part of our due diligence which has concluded to us that both targets have sustainable profitable business models that fit well in Paivis' business plan objectives.

Greg Bauer comments, "We have been in discussions and negotiations with both target companies for several months and we all recognize the benefits of merging our companies, particularly the upside of our combined distribution base. We take great pride in providing these companies with a platform on which to expand. Management feels confident the discussions will progress to agreements and subsequent closings."

Company comments on Online Trading

Finally, the Company has received numerous complaints from current and potential shareholders who have been denied the opportunity to purchase shares of Paivis common stock in the open market through their online trading accounts. The Company is undertaking an investigation into how frequent this may be occurring, which online brokerage firms are denying shareholders the opportunity to purchase our shares in the open market and why.

Greg Bauer, our Chief Executive Officer comments that "We are unaware of any legitimate reason why Paivis' shares that are quoted on the Electronic Bulletin Board are unavailable for purchase by certain online brokerage firms. As a part of its inquiry, the Company will be contacting certain online trading firms to determine if and why certain firms may be denying customers the opportunity to purchase common shares in the open market."