Tuesday, December 02, 2008 PST

             
  

        


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Asia Payment Systems, Inc. ("Asia Payments") is a Nevada, USA, incorporated public company listed on the NASD OTCBB with a trading symbol "APYM". It is involved in the payment and loyalty-reward related businesses in Asia with a primary focus on China. Asia Payments focuses on three integrated and complimentary lines of business: issuance of payment and loyalty-reward cards ("Cards Business"); distribution and sales of prepaid products and services ("Prepaid Business") and provision of business processes out-sourcing and data processing services to operators of payments and loyalty-rewards cards ("Processing Business"). 

Asia Payments' long term objective is to be a significant provider of payment and loyalty-reward products and services in key Asia markets with a significant market share in China.

 
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