SOURCE: MyECheck Inc.

December 16, 2008 13:20 ET

MyECheck Launches Check 21 Electronic Transaction Processing Software at the Bridal Online Store

Company Continues to Make Headway in an Assortment of eCommerce Retailers

EL DORADO HILLS, CA--(Marketwire - December 16, 2008) - MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce that it has launched its electronic transaction processing software at the Bridal Online Store. (Please visit http://bridalonlinestore.com/)

MyECheck continues to aggressively add various types of businesses and industries to its Check 21 software, as e-tailers tire of credit card processing fees, charge-backs and rolling reserves.

While retail sales have slipped due to the economic crisis, eCommerce sales are still growing.

The Census Bureau of the Department of Commerce announced in November that the estimate of U.S. retail eCommerce sales for the third quarter of 2008, adjusted for seasonal variation, but not for price changes, was $34.4 billion, an increase of 0.3 percent (+/-1.3%) from the second quarter of 2008.

Ed Starrs, CEO of MyECheck, commented, "MyECheck provides faster clearing and funds availability, substantially reduces charge-backs and risk and improves cash-flow; all at a much lower cost than credit or debit cards. eChecks processed on the MyECheck system are typically accepted in 1 to 3 seconds with check approval rates averaging over 90%, with many merchants exceeding over 95%."

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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