DESOTO, Texas, May 13, 2005 (PRIMEZONE) -- eTelcharge.com (Pink Sheets:ETLC), http://www.eTelcharge.com, enables approved merchants to securely, easily and quickly accept multiple payments online and offline, with the proprietary new online currency of local telephone billing, traditional credit card options, checks and other existing financial infrastructure of bank accounts, announced today that Carl O. Sherman, President and Chief Executive Officer of eTelcharge.com, was featured in an interview by the MacReport.Net
The entire interview can be heard at http://www.macreport.net under the category of highlight interviews section. Following the interview Sherman stated, "eTelcharge.com is expected to launch a demo of the 1.1 version in two weeks prior to the official roll out of the new online currency."
About eTelcharge.com
eTelcharge.com (Pink Sheets:ETLC) offers the traditional credit card merchant services, checks and other existing financial infrastructure offered by banks, as well as the proprietary new online currency that provides online shoppers the exclusive choice to charge items to their telephone bill. Designed to reduce the risk of identity fraud and identity theft by providing an Internet credit option for online shoppers to charge items sold over the Internet. This payment option is a perfect match for the 70 million Americans who do not own a credit card. eTelcharge.com is currently the only company with the ability to charge a category 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. The release of the latest version of the proprietary phone billing option is scheduled to be launched summer 2005. For more information, go to http://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.