HALLANDALE BEACH, Fla., Oct. 21, 2005 (PRIMEZONE) -- Payless Communication Holdings, Inc. ("PCH") (Pink Sheets:PCNH) today announced to its shareholders that PCH has amended its Articles of Incorporation in Wyoming to effect a name change to Integrated Telecom, Inc. The company has subsequently applied for a new CUSIP number and will notify Nasdaq immediately in order to obtain its new trading symbol.
As soon as the company is notified of its new trading symbol and effective date, a press release will be issued immediately to inform shareholders and the general public.
About Payless Communication Holdings, Inc.:
Payless Communication Holdings, 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).
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.