PowerE2E is pleased to announce that it has signed a Memorandum of Understanding with Sino Payments, Inc. (NASD OTCBB: CHIJ) for regional cooperation and deployment of the Sino Payments IP transaction processing system throughout Asia.

Under the terms of the agreement, PowerE2E will provide data management and technical support to Sino Payments Global Payment Processing Platform beginning with Pilot projects in Hong Kong and China and may include regional expansion via PowerE2E's existing site locations in Malaysia, and the Philippines.

PowerE2E will also offer the Sino Payments IP processing system to its' existing client base after completion of initial pilot projects for 3rd party clients. PowerE2E provides order invoice data processing to some of the world¡¯s largest retail chain store locations in China, Malaysia, Philippines, and Indonesia.

Matthew Mecke, Chairman & CEO of Sino Payments commented "As a result of the extensive footprint of PowerE2E based out of Shanghai with operations in Malaysia, Philippines, and Indonesia and their existing business of providing electronic invoice processing for thousands of companies and major retailers in the region, I am very excited to be working with the PowerE2E team. We believe this partnership is a big win-win for both companies and hope to see additional levels of cooperation into 2009."

Lim Tai Thong, CEO of PowerE2E commented "Adding the Sinopay offering into our services marks the next step in B2B collaboration with our clients throughout Asia. Our clients can be confident that they can complete their full order-to-cash cycle with the same level of support as they have been used to working with us over the years."