MyECheck Enters Agreement With Morse Data Corporation

* Reuters is not responsible for the content in this press release.

Tue Apr 14, 2009 10:00am EDT

  EL DORADO HILLS, CA, Apr 14 (MARKET WIRE) -- 
MyECheck Inc. (OTCBB: MYEC), an electronic transaction processor and
provider of alternative payment solutions, is pleased to announce that it
has entered into a definitive agreement with Morse Data Corporation
whereby Morse Data is to develop MyECheck interface capability for
InOrder.

    InOrder is a leading enterprise management system for multi-channel
merchants, fulfillment service providers and publishers. Easily deployed
as an off-the-shelf system, InOrder accommodates all sales channels,
including web, phone, fax, EDI, POS and catalog sales in real time for
immediate and accurate inventory and order processing.

    Once the interface is complete, which is expected within a few weeks,
InOrder clients can quickly and easily add MyECheck payment services
without the need for technical integration with MyECheck.

    Credit cards are the most popular means to pay for online goods and
services, but alternative online payments will account for 26% of
e-commerce volume by 2009. A sea change is underway in the online payments
world, with credit cards losing dominance as new payments options emerge.
Credit cards accounted for over 90% of online payment volume in 2000, but
will only account for a minority of e-commerce dollar volume by 2009. This
shift will have significant implications for banks, merchants, and service
providers supporting card-not-present risk for online merchants.

    Ed Starrs, MyECheck CEO, commented, "We believe the relationship with
Morse Data is a large opportunity for our company as we have already seen
strong interest from InOrder clients. We are looking forward to providing
Morse Data clients with our leading patented electronic check processing
solution, and adding many valuable customers to our growing portfolio."

    About Morse Data

    Morse Data Corporation was founded by Jim Morse in 1975. Morse Data is an
innovative leader in the development of enterprise management systems for
national and international businesses in the multi-client fulfillment,
publishing, direct marketing, multi-channel merchant, and internet
retailing industries. Cost effective and modular, InOrder is the scalable,
end-to-end solution that serves as one central system to manage everything
from eCommerce, customer response, campaign & list management, order,
inventory & warehouse management, to accounting and reporting.

    About MyECheck

    MyECheck Inc. is a leading electronic transaction processor and provider
of alternative payment solutions to credit cards for brick & mortar,
internet, and mobile commerce. MyECheck utilizes a patented method of
creating and clearing remotely created checks (RCCs) 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 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.

    

Contact:
Patrick Lowry
916.932.0089
Email Contact

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