SOURCE: eTelcharge.com, Inc.

June 02, 2006 09:00 ET

eTelcharge.com Regains Listing on the Over-the-Counter Bulletin Board

Company Anticipates Significant Momentum on All Fronts

DESOTO, TX -- (MARKET WIRE) -- June 2, 2006 -- eTelcharge.com, Inc. (OTCBB: ETLC) www.etelcharge.com, a financial diversified merchant services company, today announced that the National Association of Securities Dealers has approved the Form 15c-211. The Company's common stock is now immediately tradable on the Over-the-Counter Bulletin Board under the same ticker symbol ETLC.

"Now that the Company has reached this significant milestone, we will move forward with fervor to complete the planned merger with the American Home Market Corporation, consummate key strategic alliances and enter product launch mode. This OTC BB listing coupled with the company being fully compliant in its filings opens up an entire new investing world," stated Carl Sherman, CEO.

Ray Jackson, President of American Home Market Corporation, added, "We are delighted to have all the filings and have our listing in place as we now proceed to consummate the merger with eTelCharge. The combined entities, we contend, will provide significant opportunity for this unique merchant service company that will offer the ultimate alternative Internet payment product."

About eTelcharge.com

eTelcharge.com (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 provides online shoppers the exclusive choice to charge purchases 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 a number of items sold over the Internet. This payment option is a perfect match for the 70 million Americans who do not own a credit card. eTelcharge.com 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 http://www.eTelcharge.com.

About The American Home Market Corporation

The American Home Market Corporation (AHM) and its subsidiaries are a Fee Office of Title Texas (Formerly Safeco Land Title of Dallas). We have assembled one of the most experienced commercial and residential closing teams in the State of Texas, if not the nation. The combined expertise of our escrow officers, in-house attorney closers, support legal staff and escrow support staff is unequaled in the business. A strong and widely diversified repeat customer base (individual, developer, lender, attorney) is a powerful testimony to our success. We are Certified Closing Agents for the United States Department of Housing and Urban Development (HUD) and as such we are the closing agents for any home sold by HUD in 42 counties throughout the State of Texas. With over $100,000.00 million dollars in yearly revenues, we are strongly committed to providing the finest products and services available.

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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