SOURCE: MyECheck Inc.

September 16, 2008 13:46 ET

MyECheck Inc. Signs American Science & Surplus to Its Online Check Service

MyECheck's Patented RCC Solution Provides Merchants With Financial Access to More Consumers Than Any Other Single Payment Method

SACRAMENTO, CA--(Marketwire - September 16, 2008) - MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, announced that is has inked American Science & Surplus as a client and will be providing the online retailer with its comprehensive suite of electronic check processing services.

This agreement allows American Science & Surplus customers to use their checking accounts as an additional form of online payment. MyECheck's patented software can debit every U.S. checking account, even accounts that ACH cannot debit; thus providing online merchants financial access to more consumers and businesses than any other payment method.

American Science & Surplus offers a unique mix of industrial, military and educational items, with an emphasis on science and education. They supply a wide range of unusual and hard to find items (some say bizarre stuff) to the hobbyist, tinkerer, artist, experimenter, home educator, do-it-yourselfer, and bargain hunter. Customers have used American Science and Surplus items in home made cars, sculptures, precision instruments, homemade telescopes, costumes, model railroads, window dressings, holiday decorations, and innumerable science projects. Please visit www.sciplus.com for more information.

MyECheck requires no physical check from the payor or payee for processing, generating electronic checks that adhere to the Check 21 specification and transfer them for further processing to banks or directly to the check clearing system.

MyECheck is the first to market with this type of service in the multi-trillion dollar paper check image processing industry, while maintaining a leadership position as an online Check 21 processor. And, MyECheck is the best new technology for merchant processing that bypasses Automated Clearing House issues by allowing merchants to deposit funds without the usual waiting period needed by other processors.

About MyECheck

MyECheck Inc. is a leading electronic transaction processor and provider of alternative payment solutions to credit cards for brick & mortar, internet, and mobile commerce. MyECheck utilizes a patented method of creating and clearing remotely created checks (RCCs) for exceedingly fast, secure and cost effective payments. As the leader in Check 21 solutions and check image processing for online merchants, MyECheck provides merchants with financial access to more customers than any other payment method.

Please visit www.myecheck.com.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the Securities and Exchange Commission.

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