SOURCE: MyECheck Inc.

May 22, 2007 00:24 ET

MyECheck Signs Property Solutions for RDC Service

Property Management Companies Can Now Clear Rent Checks the Same Day or Overnight With MyECheck Remote Deposit Capture

SACRAMENTO, CA -- (MARKET WIRE) -- May 22, 2007 -- MyECheck Inc., a leading provider of comprehensive Check 21 imaging, processing and related solutions, today announced that the company has successfully processed check image files for Property Solutions, Inc., a provider of property management software tools for the management of residential property.

The MyECheck remote deposit capture services enables property management companies to scan rent checks, create Check 21 files (ANSI X9.37) and clear them directly through the Fed eliminating paper handling and transportation, reducing costs and gaining at least 2 days float on the funds.

MyECheck delivers robust, high-quality and cost-effective check image services that are "plug & play" for businesses of all types and sizes. MyECheck's RDC solutions deliver unparalleled scanning accuracy and sophisticated file repair and adjustment features providing the industry's highest capture rates and cost reductions. The systems interface with back-end accounting systems with little or no customization costs.

About Property Solutions

Headquartered in Provo, Utah, Property Solutions International, Inc. provides industry-changing property management software to the multi-unit residential housing industry.

Please visit www.propertysolutions.com for more information

About MyECheck

MyECheck, Inc. provides real-time online check processing for merchants utilizing a patent-pending method of creating and clearing remotely created checks (RCCs), providing an Internet gateway to Check 21 processing. MyECheck is the most cost effective new technology for merchant processing bypassing Card Association and Automated Clearing House (ACH) rules; and delivering access to more consumers, faster funds clearing and lower risk. MyECheck created ANSI X9.xx check image files are transmitted directly to the Federal Reserve for immediate clearing to the merchant's bank account. MyECheck's full suite of check services includes RCC solutions for Internet and phone order; and remote deposit capture (RDC) solutions back-office and point-of-sale check scanning applications.

Please visit www.myecheck.com for more information.

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