December 06, 2006 07:30 ET

eTelcharge Announces New Electronic Communication System -- "Beyond the Boardroom" -- to Better Effectuate Shareholder Communications

DESOTO, TX -- (MARKET WIRE) -- December 6, 2006 -- (OTCBB: ETLC), a diversified merchant services company, today announced that it has established an electronic video broadcast communication system to help the Company communicate with its shareholders, merchant clients, registered users and strategic partners. The new system will allow the Company and staff to communicate quickly, simply and easily with its valued shareholder base.

"The Company is committed to using the system to provide up-to-date Company information to its shareholders on a range of issues," stated CEO, Carl Sherman. This communications system can be accessed from the Company's website at for all stakeholders to view. The new video communication series, "Beyond the Boardroom," can be viewed by clicking on its link from the Company's homepage.

Concurrently, eTelcharge is developing a video email campaign that may follow each press release and will assist the Company's position of providing more information related to specific press releases in the future. "This will allow the Company to provide shareholders with more comprehensive detail that is not always possible to deliver in a press release format," Sherman added.

The Company's goal is twofold: to better inform and "converse" with our shareholders and to encourage present and future stakeholders to use both systems to share information. eTelcharge realizes and places considerable importance on effective communication with its shareholders, market participants, customers, employees, vendors, financiers, creditors other stakeholders in the communities that have placed their faith in us.

"We understand that communication is central to investor confidence. will provide full information to ensure that trading in its shares takes place in an efficient, competitive and informed market," Sherman concluded.

This Communications Strategy contains's approach and commitment to communication and is apart of the Company's six-point business target plan, as follows:

1.  The full integration of the 2.0 version into the billing
    aggregator's network.
2.  The pre-launch of the 2.0 version with the eTelcharge online store.
3.  The official launch of the 2.0 version.
4.  The continued focus and service acquisition of the G to P market.
5.  Targeting and engaging strategic acquisition suitors.
6.  Adding value to the current customer offerings.
About (OTCBB: ETLC) offers the traditional credit card merchant services, checks and other existing financial infrastructure offered by banks, as well as the proprietary new online currency that will provide online shoppers the exclusive choice to charge approved transactions to their telephone bill. Designed to reduce the risk of identity fraud and identity theft by providing an Internet credit option for online shoppers to charge consumer transactions on the Internet. This payment option is a perfect match for the millions of individuals who do not own a credit card. started as the only company with the ability to charge a variety of products to the home phone bill. Clearly, past electronic commerce solutions have not employed effective security and privacy techniques that adequately address consumer concerns about privacy and security on the Internet today. The release of the latest version of the proprietary phone billing option is scheduled to be launched soon. 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.

Contact Information