PAIVIS Corp (fka PAVC)

[issar0]

NEW YORK, Oct. 8, 2007 (PRIME NEWSWIRE) -- Trustcash Holdings, Inc. (OTC BB:TCHH.OB - News) confirms that the term sheet referred to in the October 5, 2007 news release from the Company is a binding agreement (the ``Agreement''). The Agreement with Paivis, Corp. (``Paivis'') outlines the terms of an acquisition/merger wherein Trustcash will acquire all of the issued and outstanding Common and Preferred shares of Paivis and its subsidiaries; on a share for share basis