SACRAMENTO, CA -- (MARKET WIRE) -- May 22, 2007 -- MyECheck Inc., a leading provider of comprehensive Check 21 imaging, processing and related solutions, today announced that the company has successfully processed check image files for Property Solutions, Inc., a provider of property management software tools for the management of residential property.
The MyECheck remote deposit capture services enables property management companies to scan rent checks, create Check 21 files (ANSI X9.37) and clear them directly through the Fed eliminating paper handling and transportation, reducing costs and gaining at least 2 days float on the funds.
MyECheck delivers robust, high-quality and cost-effective check image services that are "plug & play" for businesses of all types and sizes. MyECheck's RDC solutions deliver unparalleled scanning accuracy and sophisticated file repair and adjustment features providing the industry's highest capture rates and cost reductions. The systems interface with back-end accounting systems with little or no customization costs.
About Property Solutions
Headquartered in Provo, Utah, Property Solutions International, Inc. provides industry-changing property management software to the multi-unit residential housing industry.
Please visit www.propertysolutions.com for more information.
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. |