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eTelcharge Reports on Successful Round of Testing of Version 2.0 of Alternative Payment System and Posts Quarterly Letter to Shareholders on Corporate Website 4/26/2007
Launch and Marketing Initiatives Highlighted for Version 2.0 in the Southwest Region of the United States
DESOTO, TX, Apr 26, 2007 (MARKET WIRE via COMTEX News Network) -- eTelcharge.com (OTCBB: ETLC) today announced, as part of its consistent reporting process, its posting of the quarterly letter to shareholders on the corporate website (www.etelcharge.com) with regards to the positive launch plans for the Company's version 2.0, dubbed 'The New Online Currency.'
The Company concurrently announced that its I.T. department has performed a highly successful second round of testing confirming the viability of Version 2.0, as the Company prepares for launch with its billing aggregator in the Southwest Region of the U.S.
"We are excited about the recent milestones in product development and remain poised to achieve long-term value for our fellow shareholders in the market place," stated Carl Sherman, CEO.
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Wow Persia, I hope you're still holding this from when you posted because WOW! It broke out again today, and it's holding a stong trendline right from when you called it! New website was launched today...
September 6, 2007 - 9:51 AM EST
Etelcharge.com Launches Enhanced Website Company's Renaissance and Image Reflects Upcoming Launch of the New Online Way to Pay
Etelcharge.com (OTCBB: ETLC), the new online way to pay, today announced that the Company has launched an enhanced website, www.Etelcharge.com, that reflects the new image and the company's renaissance under new management.
"Our execution has allowed us to move forward with great momentum. The emblem of that momentum is our new look -- new logo, new type treatments, new image for our business. We chose to reveal the change on our website. As we approach our launch, we will add additional functionality to our website that will be a great source for investors, consumers and merchants," stated Rob Howe, CEO and Chairman.
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.
Investor Relations: ir*Etelcharge.com Cynthia DeMonte 917-273-1717 cdemonte*Etelcharge.com or cdemonte*aol.com
Source: Market Wire (September 6, 2007 - 9:51 AM EST)
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Here is a copy of an email the CEO returned (within hours, and personally, which was surprising):
Thank you for the kind wishes. I appreciate your support. You’ll be able to actually use our payment system very soon. I now that’s not the answer you want, but for now it’s the best one I have. Remember that we have two other players in the game—merchants and AT&T. We’re getting all the systems aligned now. So, soon.
From: xxxxxxxxxxxxxxx.net Sent: Thursday, September 06, 2007 7:24 PM To: Rob Howe Subject: New Position
Mr. Howe, it is a pleasure to see someone on board such as yourself! Very refreshing and promising. I hope your tenure with this company is as fruitful as past ventures have proven. I think the entire premise behind what this company is proposing is very insightful,and could indeed be a very powerful online tool for secure transactions. When will I be able to use Etelcharge?
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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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