DESOTO, Texas, Jan. 4, 2005 (PRIMEZONE) -- eTelcharge.com (Pink Sheets:ETLC), announced today plans to integrate biometric fingerprint verification technology with its next generation of online and offline payment solutions. The biometric fingerprint verification process will be tested at pre-selected Day Care facilities in the South West region of the United States.
"eTelcharge is scheduled to begin installing fingerprint readers at the selected child care campuses beginning April 2005. The advanced readers used by the child care centers will be used to first identify individuals for clearance of authorized access on the campus and second to match the fingerprint for authorized billing to the parent's pre-selected billing method," stated Carl O. Sherman President and CEO of eTelcharge. "This technology integration will provide the convenience and peace of mind knowing that only you are being billed, while insuring your child's protection from unauthorized access onto the school or daycare."
eTelcharge.com will incorporate biometric fingerprint verification for offsite viewing capabilities via remote cameras located at the child's school from the parent's computer. Parents like Lisa Green -- mother of a five-year-old son, Ellis -- expresses some concern, "I am not comfortable with placing my fingerprint on a screen and having it go into cyberspace, however I feel better knowing that my child is protected from unauthorized visits and that visitors will be pre-screened online and offline before entering the daycare. Plus, the convenience of paying my child's school fees with the touch of my fingerprint is cool too."
eTelcharge.com will allow parents to pre-select approved pay options offered by the Daycare center or private school. These pay options range from the traditional Visa, MasterCard, American Express, Checks or the exclusive eTelcharge -- charge to phone bill option.
About eTelcharge.com
eTelcharge.com (ETLC) offer the traditional credit card merchant services, checks and other existing financial infrastructure of banks along with 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 early 2005. For more information, go to http://www.eTelcharge.com.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, 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.