DESOTO, Texas, July 13, 2004 (PRIMEZONE) -- eTelcharge.com, Inc. (Pink Sheets:ETLC) today introduced identity theft shield protection, a new managed solution that provides continuous credit monitoring for members. The coverage provides prompt notice if any new accounts are opened in your name or if derogatory notations are added to your credit report. Delivering on its core strategic plan, eTelcharge.com's new identity protection and restoration service addresses the growing challenges of identity fraud faced by individuals of industrialized countries. "With this administered service," stated Wendy Hodges-Kent, Business Development Analyst, "suspicious activity will be brought to your attention quickly, providing you with early detection. As a result, eTelcharge.com is extraordinarily positioned to command the market and deliver a solution for the fastest growing crime, while optimizing retail sales both in cyberspace and the brick and mortar world."
eTelcharge.com's Identity theft protection, administered by Kroll, the world's leading risk consulting company and proven leader in identity restoration, provides special features that are exclusive to the issues of Identity fraud. This special offer for eTelcharge customers is now available to you for $12.95 per month. The coverage provides regular monitoring of your credit report by Kroll, which is not affiliated with eTelcharge.com, Inc.
Individuals may subscribe to the coverage by going to the www.etelcharge.com web site.
About eTelcharge.com
eTelcharge.com, Inc. (Pink Sheets:ETLC) offers multiple payment options on the Internet to date. The Company offers the traditional credit card merchant services along with the exclusive new online currency -- eTelcharge. eTelcharge is designed to reduce the risk of credit card fraud and identity theft by providing an Internet credit option for online shoppers to charge items sold over the Internet to their telephone bill. This payment option is a perfect match for the 70 million Americans who do not own a credit card. eTelcharge is currently the only company with the ability to charge a variety of products to the home phone bill. Clearly, past electronic commerce solutions have not employed effective security and privacy techniques that adequately address consumer concerns about privacy and security on the Internet today.
Safe Harbor Statement
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, the need for additional capital, end-use customers' acceptance of new products and actual demand, which may differ significantly from expectance of new products and actual demand, which may differ significantly from expectations, the need for eTelcharge.com, Inc. to manage its growth, and other risks associated.