DESOTO, Texas, July 14, 2005 (PRIMEZONE) -- eTelcharge.com (Pink Sheets:ETLC), a financial diversified merchant service company, today announced that the company will begin offering a video phone that delivers high quality, vivid full-motion video conferencing over any broadband (DSL or Cable) Internet connection to it's pre-registered customers at a discount.
The video phone is designed with security and privacy in mind when transacting business with home-based businesses. In June, the company announced a free offer of the video phone to home based businesses as a part of its initial launch of this small business campaign. Beginning today, for a limited time the video phone valued at $163.00, including all connection fees will be discounted 12% for pre registered users of eTelcharge. "We are excited about entering this next phase, offering all online surfers who pre register with eTelcharge the video phone at this special discount," stated eTelcharge.com, President and CEO Carl O. Sherman.
The second phase of this campaign is designed to provide consumers and merchants alike with the ability to see who they are transacting business with online. "The video phone will provide eTelcharge users with the advantage of being able to see any participating small businesses in North America. We can picture people sitting in front of their phones saying, 'can you see me now'?" declared Mr. Sherman.
Pre-registered users may purchase the video phone with discount applied by calling the toll-free number at 1-800-954-3227.
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 a number of 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 started as 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. 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.