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Tuesday, 11/07/2006 10:56:40 AM

Tuesday, November 07, 2006 10:56:40 AM

Post# of 114953
PayPro Latin America, S.A. Announces New President
Nov 7, 2006 10:55:00 AM
Copyright Business Wire 2006
DALLAS--(BUSINESS WIRE)--

PayPro, Inc announces Pedro Borges Fiol as the new President of PayPro Latin America Sociedad Anonima, (S.A.).

Pedro Borges Fiol, a Costa Rican citizen, holds a Master in Business Science Degree in Marketing Management with emphasis in Financial Products. Pedro's graduating thesis was "The Commercial Integrations of Latin America into the Economic Development of Pan-America (The Western Hemisphere)." For the last 30 years, he has been a militant and promoter of Pan-Americanism ... "a sense of belonging" ... as a forward-looking vision that establishes equitable commercial integration as the only solution to Latin America's survival in our globalizing economies. His professional career has been in banking and finance in the Latin American region, with operations hubs in the Republic of Panama, the Pan-American Banking Center and Costa Rica, the Pan-American Service Center. He is the Founder of "Fundacion PayPro," a Panamanian Private Interest Foundation, legally authorized to act as the depository, clearing house and safe keeper of PayPro's Incorporated shares for the benefit of its beneficiaries, legal entities or persons of good standing. He offers logistical advise to high level government officials in Latin America and the Caribbean.

About PayPro Incorporated and PayPro Latin America S.A.

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 ONLINE 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 Incorporated



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PayPro Incorporated
Mike Terrell
214-774-4870

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