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MyECheck Inc. Signs Tele Tek Solutions Inc. to Its Online Check Service Check 21 Processor Provides Viable Alternative to Credit Cards


MyECheck Inc.

2008-04-08 06:30:00

MyECheck Inc. Signs Tele Tek Solutions Inc. to Its Online Check Service

Check 21 Processor Provides Viable Alternative to Credit Cards

SACRAMENTO, CA–( EMWNews – April 8, 2008) – MyECheck Inc. (OTCBB: MYEC), a leading

provider of comprehensive viable alternative payment solutions, announced

that it has signed Tele Tek Solutions Inc. as a client and will be

providing the software developer with its comprehensive suite of electronic

check processing services.

Tele Tek Solutions Inc., the USA-based subsidiary of Ronanki Infotech (RI),

headquartered in IT hub city Bangalore, is one of the Growing Software

Development companies in IT service space. Founded in the year 2003, the

company is active in the areas of Telecom and Enterprise SW development.

Activities involve wholesale/retail telecom business, development of

telecom software products and software services in the state-of-the-art


This agreement allows Tele Tek Solutions Inc. customers to use their

checking accounts as an additional form of online payment. MyECheck’s

patent pending software can debit every U.S. checking account, even

accounts that ACH cannot debit; thus providing online merchants financial

access to more consumers and businesses than any other payment method.

MyECheck provides faster clearing and funds availability, substantially

reduces charge-backs and risk and improves cash-flow; all at a much lower

cost than credit or debit cards. eCheck processing on the MyECheck system

functions much like credit card authorization, however MyECheck

transactions can be guaranteed, eliminating the impact of fraud on

merchants. Guaranteed transactions are authorized and processed in

real-time with transaction success rates exceeding Card and ACH eCheck

success rates.

About MyECheck

MyECheck Inc. is a leading provider of comprehensive viable alternative

payment solutions to credit cards for brick & mortar, Internet, intranet

and mobile commerce. MyECheck utilizes a proprietary method of creating

and clearing remotely created checks (RCCs) for exceedingly fast, secure

and convenient payments. As the leader in Check 21 solutions and check

image processing for online merchants, MyECheck’s patent pending RCC

solution provides merchants with financial access to more consumers than

any other single payment method. MyECheck offers the fastest, safest and

most convenient way to process electronic payments from customers.

Please visit

Forward-looking statements in this release are made pursuant to the “safe

harbor” provisions of the Private Securities Litigation Reform Act of 1995.

Investors are cautioned that such forward-looking statements involve risks

and uncertainties, including, without limitation, continued acceptance of

mentioned products, increased levels of competition, new products and

technological changes, dependence upon third-party suppliers, intellectual

property rights, and other risks detailed from time to time in periodic

reports filed with the Securities and Exchange Commission.

Investor Relations:
Brent O’Connor
Corporate Relations
Media Phone: (916) 932-0089

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Freelance Writer, Journalist and Father of 5

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