MyECheck, Inc., a leading provider of electronic check payment services, announced today their newly signed agreement with Regal Entertainment Group to use MyECheck electronic check services on the Regal websites. Regal will be accessing the MyECheck service through the Cardinal Commerce platform so that no direct technical integration with MyECheck is required.

Once launched, Regal patrons will be able to purchase discount movie tickets and gift cards through the Regal website. The MyECheck service is compatible with every checking account in the United States, including business accounts and accounts that Automated Clearing House (ACH) e-check solutions cannot debit. The scope of this service widens Regal Entertainment Group’s customer base by enabling more moviegoers to purchase online. The service is expected to begin within 30 days.

Ed Starrs, CEO of MyECheck, commented, “We are very pleased to add Regal Entertainment Group, the leading motion picture exhibitor in the world, to our rapidly growing

Yesterday after the closing bell, MyECheck announced that it has processed about 2.1 million transactions in 2008, the year the company debuts its patented electronic transaction system.

Unaudited 2008 financial results report that the company’s fourth quarter revenue was approximately $235,000 on processing approximately $40 million worth of goods and services, compared to $41,000 in revenue for the same quarter in 2007. Quarterly revenue growth was solid throughout the year, ranging from 41% to 88% growth per consecutive quarter.

Ed Starrs, C.E.O. of MyECheck Inc., commented, “We are pleased to have established MyECheck as a viable alternative electronic transaction processor in 2008. Our consistent large growth rates demonstrate the strong demand for our services and the capabilities of our operation.”

“We expect our growth to remain strong into the foreseeable future, particularly in this credit crisis. As credit is reduced, consumers need a fast

MyECheck, Inc., a Federal Reserve certified Check 21 provider, offers the industry’s most comprehensive suite of check image creation and clearing solutions. From back office check image clearing to real time internet processing, the company is offering a solution that will help businesses save money and unlock a larger potential customer base.

MyECheck’s RCC image service is the world’s first Check 21 processing solution for remote and online transactions. The company’s RCC solution can clear funds from any checking account in the Federal Reserve banking system; more institutions than ACH can reach. RCC images also clear faster than ACH, and have fewer returns. RCCs are not governed by NACHA and are not subject to their rules, fees, fines or chargeback policies.

The MyECheck system clearly is the safest, fastest, and cost-effective method for retailers and ecommerce sites to electronically process customer payments. The speedy and

Edward R. Starrs, B.B.A., Founder and CEO, has more than two decades of experience as an international business executive with management experience in a number of different industries. Starrs has proven his ability to build teams, sales, marketing and distribution with full P&L responsibility as public corporate officer and as private company owner.

Mr. Starrs owned and operated multiple successful companies including, ERS Marketing, Inc., where he produced over $20 million in contracts for his clients, and Bay Distributing, Inc., a major distributor of 800+ product categories to Fortune 500 accounts. MyECheck’s CEO has also served in senior management positions with Fortune 100 companies including McCaw Communications, Inc. (AT&T), and AMF, Inc., the world’s largest sporting goods conglomerate.

R. Stephen Blandford, B.Soc., I.T.P., Secretary & Chief Technology Officer, retains over 15 years experience as a Senior Information Technology Professional. With credentials in

While most companies remember 2008 as a very challenging year, one company has grown leaps and bounds. That company, MyECheck, Inc., offers online merchants, call centers, billers, retail POS and RDC/back office applications an array of comprehensive Check 21 imaging, processing and related solutions.

MyECheck has been able to easy sign on new clients in the current economic climate as ecommerce businesses strive to find new ways to reduce costs, while increasing their sales. MyECheck has been able to achieve both results by giving these businesses access to every U.S. checking account, even accounts that ACH cannot debit; providing financial access to more consumers and businesses than any other payment method at a fraction of the cost of credit-card processors.

In the last two months, the company has signed on the following high-profile clients:

– Superior Business Network, the parent company of Yellow Pages,

With all the fraud that has taken place with checking accounts, it is common knowledge that receiving checks in exchange for merchandise is not the most secure way to do business. This is unfortunate since 50% of adults either have no credit card or no available credit, leaving them with little option when it comes to buying merchandise online.

However, through MyECheck’s Check 21 solution, ecommerce sites are able to quickly, safely, and cost effectively process electronic checks. When combined with MyECheck’s SPS solution, online merchants can ship the purchased merchandise the same day with confidence that they will be paid, even if their customer’s check bounces.

In less than one second, SPS authorizes checks from its database of millions of records, accessing both local and national negative files of unpaid checks, along with other proprietary verification services. This extensive verification gives MyECheck

Today, MyECheck announced that it has launched its electronic transaction processing software at the Bridal Online Store. The announcement marks the fourth major deal signed for the month of December. The company continues to add clients as ecommerce retailers grow weary of credit card processing fees, charge-backs and rolling reserves.

Although retail sales have declined due to the current economic conditions, eCommerce sales are still growing. In fact, the Census Bureau of the Department of Commerce announced last month that the estimate of U.S. retail eCommerce sales for the third quarter of 2008, adjusted for seasonal variation, was $34.4 billion. The figure marks a 0.3 percent increase from the second quarter of 2008.

Ed Starrs, CEO of MyECheck, stated, “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

MyECheck, Inc. today announced that it has signed Vacation Renter Solutions, LLC as a client and will be providing the vacation rental company with its suite of electronic check processing services. AlwaysOnVacation.com, owned by Vacation Renter Solutions, strives to be the best location to find the perfect vacation rental. The online portal uses exclusive matching technology to search hundreds of amenities to find a vacation rental that meets every demand.

Vacation Renter Solutions’ customers will now be able to use their checking accounts as a form of online payment. Through MyECheck’s patented software, the vacation rental company will have access to every U.S. checking account, even accounts that ACH cannot debit; providing financial access to more consumers and businesses than any other payment method.

MyECheck Inc., the leader in Check 21 solutions and check image processing for online merchants, is an electronic transaction processor and

Today at the opening bell, MyECheck announced that Superior Business Network (SBN) has signed on as a client and will be provided with its comprehensive suite of electronic check processing services. SBN is the parent company of Yellow Pages and has put together one of the largest online directories to date for U.S. businesses and powers over 10,000 websites.

Through the software suite, SBN will now be able to offer their customers the ability to use their checking accounts to pay for services. MyECheck’s proficient system significantly reduces charge-backs, risk, and improves cash flow. The software suite also provides businesses with greater access and lower operating cost than both credit and debit card processing.

Ed Starrs, CEO of MyECheck, stated, “We are pleased to launch our services with the Superior Business Network of online yellow page websites. Checks continue to be the number one non-cash

On October 14, 2008, Dutton Associates initiated coverage of MyECheck, Inc. with a “Neutral” rating. However, after the strong revenue and transaction growth that took place during the third quarter and nine months, as well as the further accelerated growth in October, the research bureau upgraded their rating to “Speculative Buy” with an initial price target of $3.25 a share.

MyECheck, Inc. is aggressively addressing opportunities made available by the recent passage of the Check Clearing for the 21st Century Act (Check 21). The company has the patented technology and infrastructure necessary to become a major force in the new Internet-based Check 21 payment process and has signed up an impressive cadre of alliances with Internet payment gateways, payments software and service providers for partnership and reseller opportunities.

Below are some of the many reasons Dutton Associates recommends MyECheck:

• The October 28, 2003 passed law,