Trustcash Completes Phase 1 of Plan for Its Mobile Payment Services; Global Mobile Payments Market Estimated at 860 Billion by 2

Amongst other things Mr. Hans recommends Trustcash develop a WAP
based solution which uses wireless communication to access
information, particularly internet content, from a mobile device.
Payments will be made directly on a website or by downloading a
mobile payment application. Purchases will occur in the same manner
as traditional online purchases with no additional billing support
required from the mobile Telco.

The use of the mobile phone is the next significant step in the
evolution in the payments industry -- representing another growth
opportunity for Trustcash.

MOBILE PAYMENTS MARKET SIZE

The world wide market size for mobile payments is estimated at 860
Billion by 2013 (see link below)

(http://futurebanking.bankofamerica.com/mobile-payments-860-billion-2013_886)

With approximately 230 million mobile subscribers in the United
States (over 70 percent of the U.S. population), mobile payments are
on the horizon of the payment industry.

In a recent survey conducted by Visa USA of 800 consumers, 77 percent
of respondents admitted that it would be difficult to get through a
single day without their mobile phones, and more than 50 percent
preferred to have more electronic payment options so they do not have
to carry cash. According to the study, survey respondents are twice
as likely to carry their mobile phones, than cash, with the 18 to 34
year old age group four times more likely to carry mobile phones.

Management comments, "With a clear technology plan in hand we feel
the next step is to find a Beta partner to develop our mobile
solution with. Our mobile solution should open the door to more
growth."

About Trustcash

Through its Trustcash brand and website (www.trustcash.com),
Trustcash is a pioneer of anonymous payment systems for the internet.
Trustcash developed a business based on the sale of a virtual stored
value card that can be used by consumers to make secure and anonymous
purchases on the internet. The company markets its Trustcash(TM)
payment card, which is sold in denominations ranging from $10 to $200
online.

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.

Contact:
Trustcash Holdings, Inc.
Shareholder Communications
Email Contact: Email Contact
1-800-975-5196

SOURCE: Trustcash

http://www2.marketwire.com/mw/emailprcntct?id=09F9330CF2471175

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