*In The News *

Paystar Corporation (OTCBB: PYST) has come back to our attention with several impressive announcements pointing to dramatic advancement of its business plan.  Some of you StockUpTicks veterans may recall this interesting company, from our feature back in October click here.  For the uninitiated, PYST offers Commercial Telephony Switch services, content-based Internet Kiosks and Prepaid ATM products - a compelling suite of products and services.

Amid the chaos in the market and the world today, PYST has been busy establishing relationships that may well 
earn it a position of leadership in this growing market.  As you will see below, we have provided excerpts from three recent news releases that will give you a good primer on important recent developments.

The PYST SHS Communications, Inc. division is "making waves" in the Prepaid calling card switch market with its new SHS Server View 1.4 software, that is revolutionizing the management of prepaid switch owners worldwide!  (See news release April 9, 2003 and May 7, 2003 below).

Additionally, PYST's GLOBALCash division announced the launch of the "CTNP" prepaid debit ATM card in concert with Worldwide Communications Group.  The GLOBALCash card was designed to assist the millions of Americans who cannot qualify for a credit card or simply do not have a checking account.  

The thrust of GLOBALCash is in the Employee/Employer payroll payment opportunity.  Employee's may now get paid by direct deposit onto their prepaid ATM card and access the funds immediately, anywhere in the world!  (See news release Nov. 26, 2002).

RECENT NEWS FROM: PayStar Corporation (OTCBB: PYST)

Press Release
Source: PayStar Corporation
 

LODI, Calif.--(BUSINESS WIRE)--May 7, 2003--PayStar Corporation (OTCBB:PYSTE - News), one of the nation's leading providers of Commercial Telephony Switch services, content based Internet Kiosks and Prepaid ATM products and services announced today the sale of SHS's View 1.4 Advantage proprietary software to Xtra Telecom S. A. of Madrid, Spain which provides full compatibility with the European E1 platform. 

"SHS' innovative software has captured European telecom interest because of unique, intelligent features that identify calls originating from payphones or cell phones," stated W. D. Yotty, Chairman and CEO, PayStar Corporation. "Europeans are customarily charged different rates by the type of phone (pay or cell) originating the call. SHS technology also permits European customers full use of E1's. By not having to use E1's for traffic and T1's for VRU's, the Lucent Excel switch capacity expands to 80 spans instead of only 64. The new feature helps SHS prepaid switch customers control costs and increase profits." 

PayStar SHS Communications, Inc. also sells and maintains proprietary software for operating switches called Application Development Software (ADS). This real-time software also operates with Lucent programmable switches. SHS is among a short list of global telephony companies who have qualified to be a "Lucent Premier Partner". SHS has carrier customers worldwide with ADS software and Lucent's switch hardware. 

"Spain is SHS' first stop in the EU market," further stated Yotty. "We anticipate sales from View 1.4 Advantage software to significantly supplement SHS revenue projections for 2003." 

For the entire release click here

Press Release
Source: PayStar Corporation

LODI, Calif.--(BUSINESS WIRE)--May 7, 2003--PayStar Corporation (OTCBB:PYSTE - News), one of the nation's leading providers of Prepaid ATM products and services, Commercial Telephony Switch services and content based Internet Kiosks, announced the signing of a revenue-sharing agreement between Worldwide Communications Group (WCG) and a Fortune 100 communications company to provide the Community  Technology Network Project's (CTNP) underserved Section 8 recipients with "free" introductory 100 minute domestic calling cards. 

"The addition of the free 100 minute calling card to CTNP's millions of eligible section 8, low to moderate-income government subsidy recipients, will enhance each participant's introductory packet," stated William D. Yotty, chairman and CEO, PayStar Corporation. "PayStar
GLOBALCash, Inc. currently provides the CTNP Prepaid ATM debit cards to participants, allowing them the opportunity to make purchases of products and services at retail locations or online and gives access to cash at worldwide ATM locations." 

Section 8, low to moderate-income families are familiar with the prepaid calling card concept. Now, with the assistance of GLOBALCash's CTNP prepaid ATM card, participants will be able to benefit from the convenience of reordering minutes online.  These rechargeable minutes, provided by the leading Fortune 100 communications provider, are attractively priced for project participants.

The WCG has assembled a unique group of Alliance Partners including PayStar Corporation, Western Union (NYSE:FDC - News), Vtech Connect, Inc., CoreComm Limited (OTCBB:ATX - News) and The New Internet Company (NIC) whose mission is to provide the CTNP with multi-technology telecommunication services and computers. The Alliance will bring digital technology and lifelong learning skills to low-to-moderate
income residents living in Section 8 and Public Housing developments. 

This shared-revenue program between the partners PayStar GLOBALCash, Inc., WCG and the International Communications provider will significantly improve PayStar's prepaid calling card sales revenues for 2003. 

For the entire release click here

Press Release
Source: PayStar Corporation

LODI, Calif.--(BUSINESS WIRE)--April 8, 2003--PayStar Corporation (OTCBB:PYST - News),one of the nation's leading providers of Prepaid ATM products and services, Commercial Telephony Switch services and content based Internet Kiosks today announced the signing of a shared-revenue agreement with a Major Branded player in ATM machine management. The Agreement calls for the installation, placement and operation of ATMs in PayStar marketed hospitality locations nationwide. 

"Our partner is a trusted brand with top name recognition," stated W.D. Yotty, Chairman and CEO of PayStar. "We are pleased to be associated with them and will now offer our hospitality clients a competitive ATM product with 24 hour customer  service and maintenance. The single use ATM kiosk has been widely accepted by  consumers and merchants worldwide. This initiative will significantly increase PayStar InfoStations kiosk division revenue in 2003." 

PayStar marketed hospitality and retail clients will enjoy the convenience of having a recognized ATM on the premises, while increasing revenues through increased traffic and transaction fees.

For the entire release click here
 

Paystar Links

For a current quote and chart:     Click Here
For SEC filings on PYST:           Click Here
For the company Web site:         Click Here 

About PayStar

PayStar Corporation (www.paystar.com), a leading distributor of communications and financial services, provides its customers with an array of enabling devices through PayStar's Global Virtual Network. PayStar is comprised of three fully integrated divisions: PayStar GLOBALCash, Inc. supplying prepaid ATM and MasterCard card products and services, PayStar InfoStations, Inc. providing Internet enabled single and multi-use kiosks and PayStar SHS, Inc. providing commercial telephony hardware and software switch services. Internal sales efforts as well as mergers and acquisitions drive PayStar's growth.  PayStar's global strategy centers on expanding its Global Virtual Network (GVN) to worldwide locations with state-of-the-art enabling devices. 

Tropical Sunsations

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