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MyECheck Inc.: MyECheck Signs Small Business Network (SBN) to Its Patented Check 21 Payment Processing Electronic Transaction S

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  Published in Business and Finance on Wednesday, August 12th 2009 at 7:13 GMT, Last Modified on 2009-08-12 07:13:31 by Market Wire
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EL DORADO HILLS, CA--(Marketwire - August 12, 2009) - MyECheck Inc. (OTCBB: [ MYEC ]), an electronic transaction processor and provider of Check 21 alternative payment solutions, is pleased to announce that it has signed the Small Business Network as a client.

The Small Business Network is a California based corporation, established in 1989 dedicated to providing quality products, services, guidance and information to its membership. They have signed over 175,000 small business owners to their membership roster since inception. Please visit [ http://www.sbni.com/ ]

MyECheck requires no physical check from the payor or payee for processing, generating electronic checks that adhere to the Check 21 specification and transferring them for further processing to banks or directly to the check clearing system.

MyECheck is the first to market with this type of service in the multi-trillion dollar paper check image processing industry, while maintaining a leadership position as an online Check 21 processor. And, MyECheck is the best new technology for merchant processing that bypasses Automated Clearing House issues by allowing merchants to deposit funds without the usual waiting period needed by other processors

Ed Starrs, CEO of MyECheck, commented, "MyECheck continues to add merchants to its software platform thereby increasing the prospects of long term revenues to the company. This announcement and other similar ones only highlight some of the larger partnerships that the Company is signing and do not include the myriad of smaller customers signing up for our services."

About MyECheck

MyECheck Inc. is a leading electronic transaction processor and provider of alternative payment solutions utilizing a patented method of creating and clearing remotely created checks for exceedingly fast, secure and cost effective payments. As the leader in Check 21 solutions and check image processing for online merchants, MyECheck provides merchants with financial access to more customers than any other payment method.

Please visit [ www.myecheck.com ]

Forward-looking statements in this release are made pursuant to "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 reports filed with the SEC.