The terms of the Merger Agreement are still in effect, whereby the Paivisshareholders are to receive $0.10/common share in cash plus one commonshare from Trustcash. (All details of Merger Agreement filed with the SECin form 8K on February 12, 2008.)

The Dutch Auction is a process Trustcash notified the Company of becausethey would prefer to acquire as much Paivis common stock as possible underthe $0.10/share purchase price and a Dutch Auction is one way of doing so.

Paivis shareholders do not have to participate in a Dutch Auction if theydo not wish to.

If Trustcash decides to conduct a Dutch Auction the appropriate detailswill be provided and Paivis will do everything possible to seek the bestprice range for its shareholders.

About Paivis, Corp.

Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid"point-of-sale activated" and live cards. Paivis generates its revenuesthrough the sale of prepaid calling cards and wireless services, andinternational wholesale termination. Products are sold throughout many ofthe country's major retail outlets, including Duane Reade, 7-Eleven, andChevron.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

The Private Securities Litigation Reform Act of 1995 (the "PSLRA") providesa "safe harbor" for forward-looking statements so long as those statementsare identified as forward-looking and are accompanied by meaningfulcautionary statements identifying important factors that could cause actualresults to differ materially from those projected in such statements.

Statements contained herein that are not based on historical fact, as wellas other statements including words such as "anticipate," "believe,""plan," "estimate," "expect," "intend," "will," "could" and other similarexpressions, constitute forward-looking statements under the PSLRA.TRUSTCASH and PAIVIS intend that such forward-looking statements be subjectto the safe harbor created thereby. Such forward-looking statements arebased on current assumptions but involve known and unknown risks anduncertainties that may cause TRUSTCASH and PAIVIS actual results,performance or achievements to differ materially from current expectations.These risks include economic, competitive, governmental, technological andother factors discussed in TRUSTCASH and PAIVIS annual, quarterly and otherperiodic public filings on record with the Securities and ExchangeCommission which can be viewed free of charge on its website athttp://www.sec.gov.