SACRAMENTO, CA -- (Marketwire) -- 11/03/08 -- MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and provider of alternative payment solutions, is pleased to announce that it has been approved as an official vendor to the State of California.
The California Department of General Services (DGS) Procurement Division sets state procurement policies and provides purchasing services, helping departments achieve their missions. It delegates purchasing authority, certifies small/disabled veteran businesses to do business with the state, sponsors the Small Business Council, participates in the Disabled Veterans Business Enterprise Council, and provides innovative purchasing methods that save taxpayer dollars, integrating quality solutions to meet customers' needs.
This recognition eliminates the costly and time-consuming process many businesses go through when working directly with government agencies. The review process for agencies is also simplified as the services and prices are outlined in an existing, competitively assessed contract.
Edward Starrs, CEO of MyECheck, stated, "The State of California spends billions of dollars each year on contracts with California businesses, and MyECheck is proud to be now approved by the State."
About MyECheck
MyECheck Inc. is a leading provider of comprehensive alternative payment solutions to credit cards for brick & mortar, internet, and intranet 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 patented RCC solution provides merchants with financial access to more consumers than any other single payment method, allowing the fastest, safest and most convenient way to process electronic payments from customers.
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 reports filed with the Securities and Exchange Commission. |
