June 24, 2008 06:30 ET

Etelcharge Completes Full End-to-End Billing Cycle

Company Accepts Online Payments for Orders While Billing Services and Collections Provider Achieves Successful & Seamless End User Charges to Phone Bill

DESOTO, TX--(Marketwire - June 24, 2008) - (OTCBB: ETLC), the new online way to pay™, today announced that the Company has completed its first successful and full billing cycle with its Collections and Payments Service Provider.

"This represents a major, significant milestone for the Company since the launch of Version 3.0, the digital gift cards and our alliance with CinemaNow," stated Rob Howe, CEO. "Our customers have been able to purchase their digital gift certificates and bill them through using their Etelcharge membership. We've accepted, validated and processed their orders and sent the orders through our billing and collections provider without a hitch. The system works just as we conceived it would work, and we now have concrete evidence of it. We look forward, with confidence, to expanding our services from the southwest region of the U.S. to additional geographic locations," Howe concluded.

About Etelcharge (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.

Contact Information