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TrustCash Comments on Industry Developments and Growth

  //business-finance.news-articles.net/content/201 .. omments-on-industry-developments-and-growth.html
  Published in Business and Finance on Monday, June 7th 2010 at 5:11 GMT by Market Wire
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ATLANTA, GA--(Marketwire - June 7, 2010) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH" or the "COMPANY") (PINKSHEETS: [ TCHH ]) today comments on recent developments and growth in the e-payments industry.

As previously discussed, Generator Research estimates by the worldwide market for mobile payments will grow to $633.4 billion by 2014, up from $68.7 billion in 2009 ([ http://gigaom.com/2010/05/13/mobile-payments-to-reach-633b-by-2014/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+OmMalik+%28GigaOM%29&utm_content=Google+International ]).

The Company believes this growth forecast is a solid indicator that the future of mobile payments and e-payments provides vast potential for companies such as TrustCash.

Additionally the below article about Visa's planned acquisition of cybersource further indicates the industry is laying key foundations for growth.

• [ http://www.mobilecommercedaily.com/visa-to-acquiry-cybersource-and-accelerate-mobile-commerce-growth/ ]

The Company has recently begun to post news including the following links from the e-payments industry on its website ([ http://www.trustcash.com/news.php ]):

• [ http://www.mobilecommercedaily.com/smartphone-users-eager-for-mobile-money/ ]

• [ http://techcrunch.com/2010/05/27/andreessen-horowitz-makes-strategic-investmemt-in-mobile-payments-platform-boku/ ]

• [ http://www.mobilecommercedaily.com/western-union-reveals-international-mobile-strategy/ ]

The Company looks forward to continuing to provide more insight into the exciting developments shaping the e-payments industry.

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ABOUT TRUSTCASH

The TrustCash™ platform delivers a sophisticated, comprehensive online payment processing system.

The TrustCash technology infrastructure provides merchants with open access, PCI compliant payment processing. TrustCash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.

Cautionary Statement Regarding Forward-Looking Statements

A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of TrustCash's business model. The actual results TrustCash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.