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Tuesday, 10/10/2006 5:57:08 PM

Tuesday, October 10, 2006 5:57:08 PM

Post# of 114953
Oct 04, 2006 - Mr. Terrell, CEO PayPro, Inc., States That, ''We Have Ordered and Will Review the Most Current NOBO List from ADP Investor Communications.''

DALLAS, Oct 04, 2006 (BUSINESS WIRE) -- Mr. Terrell, PayPro, Inc. CEO states that, "We have ordered and will review the most current NOBO list from ADP Investor Communications. NOBO, which stands for Non Objecting Beneficial Ownership list shows a more complete corporate ownership profile than is currently available from either the transfer agent or from the DTCC. Comparison of these lists will allow us to determine the short position in effect as of today.
Mr. Terrell also announces his plan to make the Crescent Office Complex, located in Dallas, Texas, its new Corporate Headquarters. The Dallas complex will provide PayPro with a centralized location to manage its varied global businesses. Mr. Terrell stated, "The move to a U.S. based HQ creates a centralized hub for all our offices while simultaneously allowing for expansion of our product and service offerings, domestically and internationally." Our Dallas-based office is the latest addition to our offices in Costa Rica and Panama.

About PayPro Incorporated:

PayPro Incorporated (Pink Sheets:PYPR) is a global e-commerce and e-biz Solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ON LINE as follows:

Visa prepaid cards; e-commerce merchant accounts; Life insurance policies, Gold transactions; Telephony services, Text messaging, VoIP, Micro forests properties, Real estate investment participations, Fixed and variable income Real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection; Travel services, Leisure, Business, Health, Relocation services, and Digital marketing services.

Forward-Looking Statements is not historical fact as "forward-looking statements" defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis on trends in our globalizing economies that we anticipate in our industry. It is our good faith vision and estimate of the effect on the globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements.

SOURCE: PayPro, Inc.

CONTACT: PayPro Incorporated, Dallas
Mike Terrell, 214-774-4870

Copyright Business Wire 2006

http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2006%5C10%5C04...



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