PAIVIS NEWS 11/10/08

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Paivis, Corp. Executes Memorandum of Understanding to Acquire White Light Telecommunications Corp./Dakota Networks Inc., a Leading Provider of International Voice and Data Services
Acquisition Will Add Approximately $2,000,000 in Run Rate Revenue to Paivis, Corp. and Increase Lines of Business

Last update: 2:09 p.m. EST Nov. 10, 2008
ATLANTA, GA, Nov 10, 2008 (MARKET WIRE via COMTEX) -- Paivis, Corp. ("PAIVIS" or the "Company") (PINKSHEETS: PAVC) is pleased to announce that it has signed a memorandum of understanding ("MOU") with White Light Telecommunications Corp. and its wholly owned subsidiary Dakota Networks Inc. ( http://www.dakotanetworks.com), a Florida-based company ("WLD"), to acquire 100% of its outstanding stock for preferred stock in Paivis.
WLD is a leading provider of international voice and data services. Through their 26,000 sq. ft. facility in Rockledge, Florida, WLD provides satellite gateway services to the Americas, Caribbean and Western Europe as well as dedicated Internet access, website design and hosting and collocation services.
The companies plan to sign a definitive agreement upon completion of negotiations and due diligence.
About Paivis, Corp.
Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets.
FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. PAIVIS intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in PAIVIS annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at www.sec.gov.
Contacts:
Paivis, Corp.
Phone: [phone]
www.paivis.com