September 04, 2007 07:30 ET CEO and Chairman Rob Howe Updates Shareholders on Present Status and Forward Momentum

Letter to Shareholders Posted on Website

DESOTO, TX--(Marketwire - September 4, 2007) - (OTCBB: ETLC), a diversified merchant services company, today announced that the Company's CEO and Chairman, Rob Howe, will update shareholders regarding current status and forward momentum. The update to shareholders will be available today on the Company's website

"It is my sincere hope that this update will provide a new communication platform from which our shareholders and the investment community can assess our progress at this most exciting time in Etelcharge's history," stated Howe, CEO and Chairman.

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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