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eTelcharge Consummates Agreement for the Processing of Consumer Charges for Utility and County Services in the North Central Texas / Dallas-Fort Worth Area

Posted on: Tuesday, 25 July 2006, 18:00 CDT

eTelcharge.com, Inc. (the "Company") (OTCBB: ETLC), www.etelcharge.com, a financially diversified merchant services company, today announced that the Company has reached an agreement providing payment services to a county in north central Texas near the Dallas/Fort Worth border.

The agreement will provide consumer online and offline payment services for county service charges of water utilities to a population of approximately 146,000.

"eTelcharge is achieving great success in providing its traditional merchant services to municipal and county governments in high growth areas. This agreement represents our largest governmental client partnership to date and we will continue to pursue business in this sector with fervor," stated Carl Sherman, CEO.

Due to competition in the industry, the company has elected not to disclose the name of the municipality.

About eTelcharge.com

eTelcharge.com (OTCBB: 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 will provide online shoppers the exclusive choice to charge approved transactions 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 consumer transactions on the Internet, this payment option is a perfect match for the millions of individuals 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 soon. For more information, go to http://www.eTelcharge.com.

About The American Home Market Corporation

The American Home Market Corporation (AHM) and its subsidiaries are a Fee Office of Title Texas (formerly Safeco Land Title of Dallas). We have assembled one of the most experienced commercial and residential closing teams in the State of Texas, if not the nation. The combined expertise of our escrow officers, in-house attorney closers, support legal staff and escrow support staff is unequaled in the business. A strong and widely diversified repeat customer base (individual, developer, lender, attorney) is a powerful testimony to our success. We are Certified Closing Agents for the United States Department of Housing and Urban Development (HUD) and as such we are the closing agents for any home sold by HUD in 42 counties throughout the State of Texas. With over $100 million dollars in yearly revenues, we are strongly committed to providing the finest products and services available.

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.

 Contact: Cynthia DeMonte DeMonte Associates 718-706-5005 cdemonte@aol.com or cdemonte@demonte.com

SOURCE: eTelcharge.com, Inc.

Source: MARKET WIRE

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