Paychest Inc (PYCT)

[Dominion Melchizedek]

Blast from the past- Lawson Pillay in Memorium

One heck of a CEO !! Amazing how much he did in 4 years. Hmmm what did he do again? He went to Vietnam and buried a whale or something from what I remember.

http://www.paychest.com/aboutus.htm

"PayChest and its strategic partner companies have developed an integrated online payment processing platform utilizing cutting edge technologies to deliver payment solutions online. These payment processing solutions include turnkey payment facilitation for credit and debit cards, electronic checks, money transfer solutions, gift cards and turnkey rewards based systems.

New management within PayChest is focused on innovative and tangible products, improving the online payment experience for online consumers and e-commerce businesses worldwide. To fulfill this obligation, the new management has marked significant timelines over the next few months to streamline operations, with a focus on integrating backend transaction processing infrastructures scalable to new payment technologies and marketing opportunities.

Message from the CEO Mr.Lawson Pillay:

Welcome to the new PayChest website. Our goal for 2007 is to improve overall efficiency to attain bottom-line growth and drive productivity, with new products and services, which will be introduced through the year. To drive costs down for online consumers and e-commerce business alike, it requires aggressive acquisition and development of newer technologies, to integrate multiple payment processes.

Our competitive advantage over other online payment processors will lie in the scalability of the platform, to suit the adoption of new e-commerce alternatives, not traditionally available within the existing financial services infrastructure. Driving these innovations will differentiate PayChest in a competitive environment.

The successful implementation of our software systems, to deliver real time transactions more readily across multiple financial networks, creates a market opportunity for PayChest because of its progressive existing Micrsoft.Net architecture.

This coming year of 2007, sets a standard of quality with execution of our business strategy, the prime responsibility for PayChest’s management team. Our responsibility to our shareholders is paramount and the cornerstone of PayChest’s future.

We are at a crossroads of opportunity, turning a previously ailing company into a leading payment service provider, and it requires the teamwork of all our shareholders, partners and employees. Establishing the trust from customers and shareholders alike requires accountability and I appeal to our shareholders to hold us accountable.

We look forward to exciting developments in the coming year for PayChest.


Yours sincerely,
Lawson Pillay
Chief Executive Officer "


Lawson, we hardly knew ya. Bon Voyage.

Lawson Pillay
2006-2010