Etelcharge.com (OTCBB: ETLC) (www.etelcharge.com), the new online way to pay(TM), today announced that the Company will launch its Web 2.0 payment system tomorrow, Friday, September 28th, allowing enrolled members in select areas of the nation to make online purchases.
Members of this revolutionary payment system can create and manage their account via the Company's website -- www.etelcharge.com. Members who meet the AT&T payment method criteria can use their AT&T home phone number to make purchases. Those who do not yet meet the AT&T criteria will still maintain an Etelcharge account and be able to use it when their regions become active.
For merchants, Etelcharge is beginning the connection phase to offer the Web 2.0 system. Interested merchants should visit the Company's website at www.etelcharge.com -- Click on Retail Partners or call John Todd, Vice President of Business Development -- 972-298-3800 ext. 35
"This launch represents both a completion and a beginning for Etelcharge," said Rob Howe, Chairman and CEO of Etelcharge. "The development of our payment technology is now complete. It works; it's validated; it's secure. We now offer members a new option for purchasing online, and we offer online merchants a tremendous advantage in attracting a new set of customers. With AT&T as our billing aggregator beginning in the southwest portion of the U.S., and the seamless integration of our technology, our members will be able to purchase in confidence and security. Etelcharge is the only company offering consumers the new online way to pay(TM)," stated Rob Howe, CEO.
"We look forward to announcing alliances with key merchant partners who will provide the best products available for our members while focusing on value for our shareholders. This is a great leap ahead for Etelcharge," Howe concluded.
About Etelcharge.com
Etelcharge.com (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 Etelcharge 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 www.etelcharge.com.
This news 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 Etelcharge.com, Inc. and actual results or outcomes to be materially different from those anticipated and discussed herein. These include its historical lack of profitability, limited working capital, the need for additional capital, end-use customers' acceptance of new products and actual demand, the need for Etelcharge.com, Inc. to manage its growth, and other risks associated.
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