Payless Telecom Solutions, Inc. Announces Resignation

HALLANDALE BEACH, Fla.--(Business Wire)--Payless Telecom Solutions, Inc. (OTC:PYSJ) today announced to its
shareholders the resignation of Ricardo Canal as the company's CEO.
The Company will seek to replace Mr. Canal and will be interviewing
candidates from the Telecommunications sector as soon as possible.

About Payless Telecom Solutions, Inc.:

Payless Telecom Solutions, Inc. and its subsidiaries and
acquisitions offer services such as local and long distance phone
service, Voice over Internet Protocol (VOIP), WiFi/WiMax technology,
and Internet Protocol Television (IPTV). Located in South Florida the
company filled the needs of the Latin markets for more enhanced
economical telecommunication services. From its inception Payless has
expanded from offering its services in Florida to additional states
and several countries in Central and Latin America.

Statements in this press release that are not historical facts are
forward-looking statements within the meaning of the Securities Act of
1933, as amended. Those statements include statements regarding the
intent, belief or current expectations of the company and its
management. Such statements reflect management's current views, are
based on certain assumptions, and involve risks and uncertainties.
Actual results, events, or performance may differ materially from the
above forward-looking statements due to a number of important factors
and will be dependent upon a variety of factors including, but not
limited to, our ability to obtain additional financing and access
funds from our existing financing arrangements that will allow us to
continue our current and future operations and whether demand for our
products and services in domestic and international markets will
continue to expand. The company undertakes no obligation to publicly
update these forward-looking statements to reflect events or
circumstances that occur after the date hereof or to reflect any
change in the company's expectations with regard to these
forward-looking statements or the occurrence of unanticipated events.

Payless Telecom Solutions, Inc., Hallandale Beach
Gregg Wessler, 954-454-0240

Copyright Business Wire 2008