ParaFin Corporation Will Focus on 3-D Re-Processing of Existing Seismic Data From the Company’s Approximately 6,000,000 Acre Hydrocarbon Farmout Concession in the Republic of Paraguay

RENO, NV–(Marketwire – March 10, 2010) –  ParaFin Corporation (PINKSHEETS: PFNO): The Directors of ParaFin Corporation have approved a development program for the approximately 6.6 million acre hydrocarbon Farmout Concession in the Republic of Paraguay based on the geophysical report of Byron Ayme, consulting geophysicist, dated January 1, 2010. The report can be viewed on the Corporation web site at www.parafincorp.com.

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