SOURCE: MyECheck Inc.

June 19, 2008 13:35 ET

MyECheck Launches Checkgateway on Its Check 21 (RCC) Software Platform

Checkgateway's Merchants Now Provided With MyECheck's eCheck Processing Capabilities

SACRAMENTO, CA--(Marketwire - June 19, 2008) - MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased that Checkgateway, a leading provider of electronic payment services, is now processing eChecks using the MyECheck patent pending Software system.

Checkgateway is a gateway partner and its merchant clients are now able to process Remotely Created Check transactions through the MyECheck payment engine. MyECheck uses patent pending technology to generate electronic eChecks in accordance with the Check Clearing for the 21st Century Act (HR 5414 - "Check 21") specifications.

These eChecks are transmitted in near real-time to MyECheck's partner banks, or directly to the check clearing system for faster clearing.

Checkgateway is a leader and innovator in the Automated Clearing House (ACH) payment processing industry and has been an ACH service bureau since 1993. Checkgateway is also an affiliate member of the National Automated Clearing House Association (NACHA), an organization charged with making operational rules for the ACH network. For more information please visit

MyECheck's Check 21 solution offers the fastest, safest and most cost effective way to process electronic payments from an expanding customer base, and is experiencing rapid growth in the growing eCommerce and Payments industries.

About MyECheck

MyECheck Inc. is a leading provider of comprehensive viable alternative payment solutions to credit cards for brick & mortar, internet and intranet 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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