PayChest Registers UK Mibella(R) Trademark
21 April 2012 - 1:06AM
Marketwired
Paychest, Inc. (PINKSHEETS: PYCT)
PayChest, Inc. (the "Company") is pleased to announce it has
received confirmation from the UK Intellectual Property Office that
the Mibella® trademark has been registered in the United
Kingdom.
The registration of the Mibella® trademark in the UK completes
this part of the UK trademark process that was initiated in January
2012 and announced January 18, 2012.
It also closely follows the recent announcement of the Company's
first purchase order, also from the UK, for 16 container loads of
Mibella® product with a gross value of US$ 1.2 million. Each
container of product is worth more than US $75,000 in gross revenue
to the Company.
The Company continues to pursue other intellectual property
registrations and negotiate other purchase orders with the
objective of building on this first purchase order and creating a
growing pipeline of orders and revenue.
Historical news releases on the Company can be found at
http://www.paychest.com/news.htm.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the
matters discussed in this press release contain forward-looking
statements that involve risks and uncertainties, including those
described in the Company's filings with OTC Markets
http://www.otcmarkets.com/stock/PYCT/financials.
Certain statements contained in this release that are not
historical facts constitute forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995,
and are intended to be covered by the safe harbors created by that
Act. Reliance should not be placed on forward-looking statements
because they involve unknown risks, uncertainties and other factors
which may cause actual results, performance or achievements to
differ materially from those expressed or implied. Forward-looking
statements may be identified by words such as estimates,
anticipates, projects, plans, expects, intends, believes, should
and similar expressions and by the context in which they are used.
Such statements are based upon current expectations of the Company
and speak only as of the date made.
Contact Information Contact: PayChest, Inc. ir@paychest.com Tom
Hands 1-416-619-5242 from overseas: +1-416-619-5242 Tobie Oliver
1-800-624-7479 from overseas: +1-714-274-7206
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