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Paivis, Corp.: Paivis Now Expects to Add Over $50,000,000 in Annual Revenue With the AAAA Media Services Acquisition


Published on 2008-12-23 06:17:55, Last Modified on 2008-12-23 06:18:31 - Market Wire
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ATLANTA, GA--(Marketwire - December 23, 2008) - Paivis, Corp. (PINKSHEETS: [ PAVC ]) ("PAIVIS" or the "Company") today updates its shareholders on its planned acquisition of AAAA Media Services Ltd. (A4).

With 2008 coming to a close and the due diligence process nearing completion, Paivis is now able to estimate A4's 2008 revenue at $54,000,000 (unaudited) from information provided by A4.

Lawrence Sands, CEO of Paivis, stated: "We are very pleased to learn that A4 continues to significantly grow its business. This is further validation of our strategy, as many other business sectors have seen declines in revenue over the last year. We look forward to 2009."

About Paivis, Corp.

Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets.

About AAAA Media Services, Ltd.

A4 is one of the leading distributors of T-Mobile, AT&T and Boost Mobile prepaid wireless products. A4 distributes these products amongst others through master dealer agreements to over 7,000 locations in the continental United States.

FORWARD-LOOKING STATEMENTS

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

Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. PAIVIS intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause PAIVIS' actual results, performance or achievements to differ materially from current expectations.

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