DESOTO, Texas, June 28, 2005 (PRIMEZONE) -- eTelcharge.com (Pink Sheets:ETLC), a financial diversified merchant service company, today announced that the company will begin offering a free a video phone that delivers high quality, vivid full-motion video conferencing over any broadband (DSL or Cable) Internet connection to home-based businesses or individuals who work from their home.
The video phone is designed with security and privacy in mind for home-based businesses. "We are excited about the added value this new advanced video phone will bring to a fast growing market of individuals who work from home. We can visualize people sitting in front of their phones saying, can you see me now? The campaign is designed to help provide merchants with the ability to see who they are accepting credit cards from for their purchases," said eTelcharge.com President and CEO Carl O. Sherman.
For a limited time only, the video phone valued at $163.00, including all connection fees will be given to each new home-based business client of eTelcharge. "We are pleased to announce that our new small business clients will not have to wait for the future. Beginning today, all merchants who establish a merchant service lease agreement with us will receive the video phone free. The video phone will provide eTelcharge clients with the edge of putting a face to a name," declared Mr. Sherman.
A rapidly growing business market, professionals working from home in 2003 represented 4.1 million compared to 8.6 million in 2004. The Video Phone service will provide these professionals with the sophisticated feature of being able to do video conferences with unlimited local and long distance calling across North America. Business owners may apply to take advantage of this valued offer by clicking on http://www.etelcharge.com or 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.