PayChest Registers Flushaway(R) With FDA
March 17 2011 - 12:23PM
Marketwired
PayChest, Inc. (PINKSHEETS: PYCT) -- PayChest Inc. (the "Company")
is pleased to announce it has registered Flushaway® with the FDA in
compliance with medical device registration regulations.
Flushaway® pads and liners do not require pre-approval by the
FDA, unlike some medical devices. Registration with the FDA is a
pre-requisite for Flushaway® sales in the US, and other countries
that use the US Food and Drug Administration as a benchmark.
The Company is confident it will deliver a unique women's
hygiene product to the consumer that is of equal or better quality
to the major companies in this marketplace (Proctor and Gamble,
Kimberly-Clark and Johnson and Johnson) while having the added
features of being a flushable and biodegradable product at a
comparable price.
About PayChest (Arizona)
PayChest, a global marketing company and developer of technology
solutions and its strategic partner companies, market and
distribute select products and services worldwide, which provide an
increased public awareness to conserve and preserve the world's
limited resources.
About the proposed dividend of subsidiary PayChest (Oregon)
PayChest and its strategic partner companies are developing
integrated commerce processing solutions utilizing cutting edge
technologies to deliver in store, online and mobile solutions
globally. These include turnkey point of sale solutions, gift and
loyalty portal systems, ACH electronic systems, online and mobile
payment platforms and rewards-based platforms to integrate into an
existing business system.
Safe Harbor Statement
The foregoing press release contains forward-looking statements.
For this purpose any statements contained in this press release
that are not statements of historical fact may be deemed to be
forward-looking statements. Without limiting the foregoing, words
such as "may," "will," "expect," "believe," "anticipate,"
"estimate," "continue," "can" or comparable terminology are
intended to identify forward-looking statements. These statements
by their nature involve substantial risks and uncertainties and
actual results may differ materially depending on a variety of
factors.
Contact PayChest, Inc. ir@paychest.com Tom Hands: 604-628-1984
from overseas: +1-604-628-1984 Tobie Oliver: 1-800-624-7479 from
overseas: +1-714-274-7206
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