DESOTO, Texas, Aug. 10, 2005 (PRIMEZONE) -- eTelcharge.com (Pink Sheets:ETLC), www.etelcharge.com, a financial diversified merchant service company, is proud to announce that President and CEO Carl O. Sherman has been asked to participate in an interactive interview on InternetPlays.com. This online interview will allow the investment public and current shareholders to pose questions to Mr. Sherman in a moderated forum.
Tom Bibiyan of InternetPlays.com stated, "Our members continue to show interest in eTelcharge.com. Therefore, this interview will help answer many of the new questions they might have." InternetPlays.com is one of the largest interactive day trading destinations in the country, with over 500 daily participants in its chat forum. Please join us for this event to be held on Wednesday, August 10, 2005 at 4 p.m. EST.
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. The phone billing option is 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.