June 26, 2008 06:30 ET

Wall Street Corner Posts Corporate Profile of Etelcharge

Company Rated a Serious Turnaround and Extremely Undervalued Based on the Huge Market It Serves

DESOTO, TX--(Marketwire - June 26, 2008) - (OTCBB: ETLC), announced that respected stock analyst, Larry Oakley, has posted a "Corporate Profile" on Etelcharge on his Wall Street Corner website ( ). In offering his opinion about ETLC, Oakley says, "We like what Rob Howe has accomplished in the last year. We like the possibility that Etelcharge's offer to acquire PaymentOne will be accepted. Howe has turned ETLC into a completely new company. It's truly an emerging growth company -- it's a serious turnaround -- & it's extremely undervalued, based on the huge market it serves."

"We appreciate the depth of understanding Mr. Oakley has shown in evaluating our company," said Rob Howe, Chairman and CEO of Etelcharge. "We are providing people a new way to pay for their online digitally downloadable purchases. We do it in a way that is simple, easy and secure. Our technology and methodology are breakthrough in nature, particularly our digital gift card bill through phone bill program. Having someone of Mr. Oakley's stature offer a positive assessment of our efforts is highly validating for us. We invite anyone interested in our company to go and read Larry Oakley's profile." Howe stated.

In consideration for the posting of its "Corporate Profile" on Mr. Oakley's website, Etelcharge is paying a fee of $495 per month. (OTCBB: ETLC), the first Web 2.0 online payment system, provides online shoppers the ability to charge approved transactions to their telephone bill. While addressing the concerns online shoppers have about identity fraud and identity theft, the payment option is also a perfect match for the millions of individuals without a credit card, or even a bank account. For more information, go to

This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements involve a number of known and unknown risks and uncertainties that may cause actual results or outcomes to be materially different from those anticipated and discussed herein. These include, among others:'s historical lack of profitability and limited working capital; the need for additional capital; end-user customers' acceptance of and demand for new products; the need for to manage its growth; and other risks, including the risks relating to the PaymentOne acquisition, described in filings with the Securities and Exchange Commission. All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at or from's website at makes no commitment to revise or update any forward-looking statements except as otherwise required by law.

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