SOURCE: eTelcharge.com, Inc.

October 16, 2007 07:30 ET

Etelcharge Appoints James T. Wilson Chief Technology Officer

Company's Technology Leader Assumes New Post After Launch Completion and in Response to Fortune 500 Merchant Interest in the New Online Way to Pay™

DESOTO, TX--(Marketwire - October 16, 2007) - Etelcharge.com (OTCBB: ETLC) (www.etelcharge.com) today announced that following the successful launch of its new payment system and inquiries from some of the largest merchants in the country, the company has named James "Toby" Wilson its Chief Technology Officer.

"Toby has demonstrated the leadership and technical expertise to lead us to the next level technologically," stated Rob Howe, Chairman and CEO. "It's key for us to keep our technology fresh, scalable and secure. Toby's doing an exemplary job and will be of great assistance as we pursue and secure additional merchants."

Wilson, who came to Etelcharge in June as a consultant, spearheaded the completion and launch of Etelcharge's new online payment system which allows members to bill online purchases to their phone bills. "One of the great challenges we had to overcome was connecting our pipes to the huge databases that telecoms maintain while meeting their strict security standards. In doing that, we made our technology extremely robust," Wilson stated.

"We're able to connect to any telecom, wired or unwired, domestic or international. That is the future for Etelcharge -- we have the ability to connect to anyone, anywhere, anytime while maintaining all technology requirements and security standards, " Wilson concluded.

About Etelcharge.com

Etelcharge.com (OTCBB: ETLC), the first Web 2.0 online payment system, provides online shoppers the ability to charge approved transactions to their telephone bill. While addressing the concerns online shoppers have about identity fraud and identity theft, the Etelcharge payment option is also a perfect match for the millions of individuals without a credit card, or even a bank account. For more information, go to www.etelcharge.com.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements involve a number of known and unknown risks and uncertainties that may cause Etelcharge.com, Inc. and actual results or outcomes to be materially different from those anticipated and discussed herein. These include its historical lack of profitability, limited working capital, the need for additional capital, end-use customers' acceptance of new products and actual demand, the need for Etelcharge.com, Inc. to manage its growth, and other risks associated.

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