November 08, 2007 06:30 ET

Etelcharge Enters Payment Services Agreement With Elite Force

Company Enters Consumer Electronics Installation and Support Industry With Nationally Expanding Leader and Meets With Senior Management as Netflix, Real Networks, CinemaNow, UniVision and Movielink

DESOTO, TX--(Marketwire - November 8, 2007) -, Inc. (OTCBB: ETLC), the new online way to pay™, today announced that the Company has signed an agreement with Elite Force, of Falls Church, VA, the successor to Tech Force One and one of the top independent providers in the multi-billion dollar PC and consumer electronics installation and support industry.

John Todd, Senior Vice President of Business Development, stated, "I am pleased to report that Etelcharge has signed a payment services agreement with one of the country's top electronics installation and PC repair companies. Elite Force, with 200 locations today and expanding to 1,000 locations in 2008, is similar to Fire Dog and Geek Squad, in that they install high-end multimedia systems and networks in homes, as well as providing the full array of support services for consumer electronics and PCs. Etelcharge members will be able to pay for Elite Force services using their Etelcharge membership. We expect this program to come online for our members in early 2008."

John Todd concurrently announced that during his recent trip to California attending the Digital Hollywood Show, he engaged in substantive talks with a select group of elite players in the digital music and movie downloads space including Netflix, Real Networks (Rhapsody), CinemaNow, UniVision, and Movielink.

"I was able to successfully establish the huge importance of our target customer to their continued growth. Reinforcing to the executive management teams of these companies that Etelcharge not only brings a unique and enticing Web 2.0 payment system but also brings a whole new set of new customers, that is growing by the day, who will be spending new money with them that they are not getting today. The impact to their bottom line garnered exceptional levels of interest," Todd concluded.

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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