SOURCE: eTelcharge.com, Inc.

May 15, 2008 06:30 ET

Etelcharge Successfully Launches Version 3.0

The Online Way to Pay™ Becomes a Reality Today With First Offering of Online Digital Gift Card Through CinemaNow

DESOTO, TX--(Marketwire - May 15, 2008) - Etelcharge.com (OTCBB: ETLC), the new online way to pay™, today announced that the Company has successfully launched its Version 3.0 purchasing system with digital gift cards through CinemaNow and social networking capabilities.

"We are extremely excited to be 'live,'" stated Rob Howe, CEO. "The offerings for Etelcharge members will grow exponentially. We urge you to visit our website at www.etelcharge.com."

"This day represents a monumental achievement for the Company, our members and our shareholders. We are up and the first to market with the bill through phone bill digital gift certificate. Join us!" Howe concluded.

About Etelcharge.com

Etelcharge.com (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 www.etelcharge.com.

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

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