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mikeo56

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mikeo56

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Wednesday, 11/09/2005 9:51:43 AM

Wednesday, November 09, 2005 9:51:43 AM

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Asia Pay Processing Shows Continued Growth in Q3
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9 November 2005, 09:43am ET

NEW YORK and HONG KONG, Nov. 9 /PRNewswire-FirstCall/ -- Asia Payment Systems, Inc. (BB:APYM) today announced that Q3 processing volume increased by 24% to 130,000 transactions.

Third quarter transaction volume in Q3 showed continued growth and was fueled, in part, by the July holiday period. "Overall our trend line is up 22% year to date," said Robert Clarke, CEO. "We have successfully completed our management restructuring and renewed our organizational focus on sales growth in the near term with a view to longer term, sustainable growth in China and other Asian markets. We have a solid base of sales prospects in the pipeline and anticipate a strong finish to Q4 with a significant growth in sales into 2006."


Years Teach Us, Which Days Never Knew

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