SOURCE: MyECheck Inc.

June 18, 2008 14:06 ET

MyECheck Inc. Signs Telecommunications Company to Its Online Check Service

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

SACRAMENTO, CA--(Marketwire - June 18, 2008) - MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, announced that is has inked as a client and will be providing the online provider of phone cards with its comprehensive suite of electronic check processing services.

This agreement allows customers to use their checking accounts as an additional form of online payment. MyECheck's patent pending 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.

The phone card industry has mushroomed to a $4 billion industry with an estimated 500 million cards sold last year alone.

Established in 1995, is a privately owned firm based in Chicago, managed by a team of highly qualified executives experienced in processing payments, networking, information services, retail marketing, telecommunications as well as switch facilities. Apart from employing services from AT&T, Sprint, MCI WorldCom, IDT, Qwest and BellSouth, owning a switch facility of our own makes them one of the best bets in the prepaid calling card industry. Please visit

About MyECheck

MyECheck Inc. is a leading provider of comprehensive viable alternative payment solutions to credit cards for brick & mortar, internet, intranet and mobile commerce. MyECheck utilizes a proprietary method of creating and clearing remotely created checks (RCCs) for exceedingly fast, secure and convenient payments. As the leader in Check 21 solutions and check image processing for online merchants, MyECheck's patent pending RCC solution provides merchants with financial access to more consumers than any other single payment method.

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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 periodic reports filed with the Securities and Exchange Commission.

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