SafePay Terminates SafePay Solutions Agreement

Company to Change Name, Pursue New Technology

ALISO VIEJO, Calif., Jan. 4 /PRNewswire-FirstCall/ -- SafePay Solutions,
Inc., a Delaware corporation (Pink Sheets: SFPS) announced today that its
Board of Directors has terminated its agreement with SafePay Solutions, Inc.,
the original Nevada corporation, whereby SafePay Delaware was to acquire
SafePay Nevada's online payment processing technology. SafePay Delaware will
change its name and plans to pursue a new business model in the technology
sector.
The SafePay Board of Directors originally notified SafePay Nevada of the
termination on or about June 25, 2007. SafePay Nevada acknowledged the
termination on or about August 17, 2007.
In addition, SafePay's Board of Directors also ceased all ongoing
acquisition negotiations and has directed the Chief Executive Officer to
review all agreements connected with the SafePay Nevada transaction and report
back to the board. As part of the termination, all shares issued
and/or transferred by either of the parties in connection with the original
acquisition transaction have been cancelled and/or returned to each respective
entity.
About SafePay
SafePay is currently in the process of changing its name and adopting a
new business model. The new business model is anticipated to be in the
technology sector.
Notes about forward-looking statements
Except for any historical information contained herein, the matters
discussed in this press release contain forward-looking statements that
involve risks and uncertainties.
Certain Statements contained in this release that are not historical facts
constitute forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995, and are intended to be covered by
the safe harbors created by that Act. Reliance should not be placed on
forward-looking statements because they involve unknown risks, uncertainties
and other factors which may cause actual results, performance or achievements
to differ materially from those expressed or implied. Forward-looking
statements may be identified by words such as "estimates," "anticipates,"
"projects," "plans," "expects," "intends," "believes," "may," "should" and
similar expressions and by the context in which they are used. Such statements
are based upon current expectations of the company and speak only as of the
date made. The Company undertakes no obligation to update any forward-looking
statements to reflect events or circumstances after the date when they are
made.
CONTACT: Tim Jilbert 949-766-6994
SOURCE SafePay Solutions, Inc.

Tim Jilbert of SafePay Solutions, Inc., +1-949-766-6994