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[QUOTE]Originally posted by BuckyBarnes: [QB] PYPR -- Paypro, Inc. Com ($0.001) COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: PayPro, Inc. Signs Agreement with The TerraVerde Foundation, Panama DALLAS, Nov 20, 2006 (BUSINESS WIRE) -- PayPro, Inc. (Pink Sheets:PYPR) is pleased to announce the signing of an Agreement with The TerraVerde Foundation. Dr. David Shaw, Founder and Protector of The TerraVerde Foundation announced today that an earlier informal agreement with PayPro Incorporated had now been formalized and a License Agreement had been signed whereby the PayPro organization will adopt the TerraVerde MicroForests Program. The TerraVerde Foundation, established in 2003, is a non-profit, Panamanian Private Interest Foundation dedicated to the sustainable Preservation of Earth's Flora, Fauna and Water resources and is the creator of the MicroForests Program. Forests play a vital role in regulating the world's temperature and weather by storing large quantities of carbon and water. The continued destruction of the world's forests is responsible for a large part of the globally elevated carbon dioxide (CO2) level which is the major driver of global warming. Tropical deforestation is estimated to cause about 20% of the world's annual CO2 emission. Conserving the remaining Tropical Forests and planting new Tropical Forests would reduce the rate of CO2 emission and buy more time while better alternatives to burning fossil fuels are developed. Dr. Shaw commented, "According to the latest WMO Greenhouse Gas Bulletin released earlier this month, the global average concentration of CO2 reached the highest value ever recorded in 2005. The majority of the world's climate scientists are now in agreement that these record levels are largely the result of human activity (fossil fuel burning) and it's time for all of us - from the individual or family to small and large Corporations and World Governments - to work together in a concerted effort to meet this challenge. The TerraVerde Foundation is delighted to be collaborating with PayPro, Inc., an organization which understands the challenge and has the vision and energy to make a difference." The TerraVerde MicroForests Program provides a simple, convenient but effective way for individuals, families, corporations or other groups to contribute to this effort by becoming "carbon-neutral." To do this the total CO2 emission of an individual or group is estimated and a MicroForest is sponsored to balance this emission to achieve an overall zero emission of CO2. A simple estimate of average personal CO2 emission can be based on the total population and total energy consumption of the country where the person lives. On this basis, a person in Latin America causes the emission of about 2.3 tons of CO2 per year, whereas someone in the USA would emit about 20 tons/year. A MicroForest converts CO2 into oxygen which is released into the atmosphere, and carbon which is stored away as wood. The size of the MicroForest needed to balance a person's CO2 emission depends on many factors including whether the MicroForest is part of a Conservation project or a Reforestation project, the geographic location of the project, the tree species, soil type, rainfall etc. In general, trees in the tropics grow much faster than elsewhere and can absorb CO2 at a higher rate and therefore Tropical MicroForests provide the most effective way to combat global warming. For more detailed information on the TerraVerde MicroForests Program please send your name and email address to: info*terraverdefoundation.org. To participate in the MicroForests Programs with PayPro, Inc. please contact: microforests*gopaypro.com or call (214) 256-3754. About PayPro Incorporated: PayPro Incorporated (Pink Sheets:PYPR) is a global e-commerce and e-biz solutions Company offering interactive e-commerce and e-biz programs. PayPro offers a range of goods and services ONLINE as follows: Visa prepaid cards, e-commerce merchant accounts, Life insurance policies, Gold transactions, Telephony services, Text messaging, VOIP, MicroForest properties, Real estate investment participation, Fixed and variable income real estate properties in Costa Rica and Panama, Offshore financial services, Asset management and protection, Travel services, Leisure, Business, Health, Relocation services and Digital marketing services. Forward-Looking Statements are not historical fact as "forward-looking statements'' defined in the Private Securities Litigation Reform of 1955. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are the result of profound analysis of trends in our globalizing economies that we anticipate in our industry. They represent our good faith vision and estimate of the effect that globalization, integration and electronic business trends will have on our company. Our statements are also subject to risks and uncertainties beyond our reasonable control that could cause the results of operations to differ materially from those reflected in our forward-looking statements. SOURCE: PayPro, Inc. CONTACT: PayPro, Inc., Dallas Mike Terrell, 214-774-4870 Copyright Business Wire 2006 -0- [/QB][/QUOTE]
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