September 17, 2007 07:30 ET

Etelcharge Appoints John Todd to the Post of Senior Vice President of Business Development

Howe Aggressively Builds Strong InfraStructure to Accommodate Anticipated Growth

DESOTO, TX--(Marketwire - September 17, 2007) - Rob Howe, Chairman and CEO of (OTCBB: ETLC), the new online way to pay, today announced the appointment of John Todd as the Company's Senior VP of Business Development. Todd joins Etelcharge after great successes at Compaq and

"We have added another top professional to our management team," Howe stated. "John Todd will rapidly build out our company's portfolio of online merchants offering our members a broad range of products and services, and provide them excellent value when they purchase using the Etelcharge payment system. John's experience in business development, his extensive network of contacts, and his expertise in business process engineering will be invaluable to us as we move our online payments business forward."

Todd has an excellent track record of business development successes in both U.S. and international markets, having served at senior business development levels in several highly successful consumer-oriented companies, most notably, Compaq Computer and Todd was responsible for launching and managing a $100 million business channel at Compaq Computer and was Vice President of World Wide Field Operations for a $300 million revenue stream at

"I am very happy to be joining such a dynamic company as Etelcharge," said Todd. "The markets we are addressing and the opportunity to open merchants who have not been able to reach these markets make our prospects for success here at Etelcharge extremely bright."

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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