Trustcash Enters Negotiations to Acquire up to 25% of Alligato, Inc.

ATLANTA, GA, Feb 01, 2010 (MARKETWIRE via COMTEX) -- TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (PINKSHEETS: TCHH) today confirmed that it is in discussions with Alligato, Inc. for the purchase of an interest in Alligato of up to the 25%. This is in addition to Trustcash's current agreement to provide an alternative payment solution for Alligato's mobile long distance services.
Alligato markets its service under the Cell Long Distance - Save On Cell Long Distance brand.

Alligato(TM) delivers the most sophisticated, comprehensive voice 2.0 platform available. The technology infrastructure provides the first truly open access to carrier-grade telecom functionality with hardware, software and network capacity to lower the cost of cell phone long distance from the wireless network to the Public Switched Telephone Network (PSTN) as an on-demand, fully hosted and managed service in a CaaS (Communications as a Service) model.

The Alligato service enables large member based organizations, existing service providers, application providers and web communities to provide cell phone long distance for their customers and members with greater quality and at significantly lower costs (up to 90% savings).

Alligato currently offers its customers a postpaid billing model via credit card. Alligato management is excited to integrate TrustCash as an alternative, secure, private and reliable payment system which can be instrumental in the expanding distribution of their cell long distance service.

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The Trustcash(TM) platform delivers a sophisticated, comprehensive online payment processing system.

The Trustcash technology infrastructure provides merchants with open access, PCI compliant payment processing. Trustcash(TM) is an E-Commerce expert providing online businesses with payment solutions needed to be successful