PROVO, UT -- (Marketwire) -- 07/01/09 -- MyECheck, Inc. (OTCBB: MYEC), a leading provider
of electronic check payment services, has signed an agreement with
Simplifile, the leading provider of electronic recording services. The
agreement will facilitate the integration of the MyECheck Remotely Created
Check solution into the Simplifile e-recording service which will allow
Simplifile customers to make payments for recording and submission fees
using an online check imaging process.
It is anticipated that the integration between Simplifile and MyECheck will
be completed by late summer 2009. Once complete, Simplifile customers will
have the option to make recording and submission fee payments with
virtually any checking account in the United States -- including all
business accounts.
"We are excited to work with MyECheck and their industry leading online
check imaging services," said Paul Clifford, President of Simplifile. "We
believe that the addition of MyECheck's patented technology not only will
allow us to electronically originate secure check transactions and transfer
funds but will give our customers the ability to utilize finance accounts
not previously available for payments."
"We are pleased to provide our fully electronic green services to
Simplifile," said Ed Starrs, CEO of MyECheck, commented. "The MyECheck
solution is ideal for escrow account payments and real estate transactions
because of its speed and capability to process any size transaction from
any account. The addition of Simplifile is an impressive addition to our
rapidly growing portfolio of larger accounts."
About Simplifile
Simplifile provides innovative, simple, and secure electronic recording
services via the Internet. Simplifile's customers include title companies,
banks, attorneys, lien filers, and county and state government
jurisdictions. Simplifile electronic recording services accelerate document
recording and simplifies document workflow processes that reduces costly
overhead associated with traditional submission and recordation methods
while improving client service levels.
Simplifile is focused on building the industry's de facto electronic
recording network. As such, Simplifile provides a streamlined and scalable
approach to electronic recording tailored to organizations of all shapes
and sizes. For more information on how Simplifile can benefit your
organization, visit www.simplifile.com or call 801.373.0151.
Simplifile is a registered service mark of Simplifile, LC.
About MyECheck
MyECheck Inc. is a leading electronic transaction processor and provider of
alternative payment solutions for brick & mortar, internet, and mobile
commerce. MyECheck utilizes a patented method of creating and clearing
remotely created checks 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 "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 SEC.
Simplifile Press Contact:
Richard Jackman
Marketing Manager
Simplifile
801.373.0151
Email Contact
MyECheck Press Contact:
Patrick Lowry
Investor Relations Manager
MyECheck, Inc.
(916) 932-0089
Email Contact