January 16, 2008 06:30 ET

Etelcharge Enhances Web 2.0 Technology, Integrating Front End E-Commerce Payment System With Back End Payment Gateway

Merchants Have a Complete Solution That Can Be Utilized to Test and Develop Web 2.0 Payment System

DESOTO, TX--(Marketwire - January 16, 2008) - (OTCBB: ETLC), the new online way to pay™, today announced that the Company has released a new version of the Web 2.0 platform providing many performance and communication enhancements to the original payment platform released late last year.

Toby Wilson, Chief Technology Officer, stated, "This release delivers fully integrated and automated end-to-end services for communication with the major U.S. Telco providers. Etelcharge's Web 2.0 technology can now connect to and 'speak the language' of every U.S. Telco."

Another of the many notable additions to the Web 2.0 payment system is a fully integrated front end e-commerce system providing tremendous leverage to the Company's sales and marketing efforts, and potential merchants can experience the entire system in real time.

"We developed an integrated shopping system that would actively support not only our next generation of social networking and online shopping experience services for our members, but also one that would allow our merchant partners and third party service providers to perform real-time integration and performance testing, as well as customer experience evaluations and demonstrations," Wilson added.

"We're relentlessly committed to the continuous improvement and enhancement of our technology platform as we seek to grow our membership and attract top-of-the-line merchants," Rob Howe, Chairman and CEO concluded.

Etelcharge is actively working on a full complement of social networking and online shopping services, due out later this year, that will round out the Company's product offering and provide a unique member experience for both merchants and consumers.

About (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

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, 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, Inc. to manage its growth, and other risks associated.

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