ECHO Press Releases

FOR IMMEDIATE RELEASE
February 22, 2001

ELECTRONIC CLEARING HOUSE 
AND MESILLA VALLEY BANK TEAM UP IN 
AGENT BANK PROGRAM

Agoura Hills, Calif.-- Electronic Clearing House, Inc. (NASDAQ:ECHO) announced the signing of an agreement with Mesilla Valley Bank, Las Cruces, New Mexico, to provide credit card processing services for the Bank's merchants under ECHO's Agent Bank Program.  

Mesilla Valley Bank, established in October, 2000, will market merchants for credit card processing in the greater Las Cruces area.  "We believe local banks will continue to be desired over the large national banks by the communities they serve," stated Jack Wilson, Vice President of Bank Services at ECHO.  "ECHO's combined transaction services of credit, debit and check processing provide local banks with the ability to competitively price such services and effectively compete with the national banks in their area."

Electronic Clearing House, Inc. provides debit and credit card processing, check guarantee, check verification, check conversion, and inventory tracking to over 58,000 retail merchants and U-Haul dealers across the nation. 

To take advantage of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, you are hereby cautioned that this release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties.  Actual operations and results may differ materially from those expressed in the forward-looking statements made by the Company.  
 

Media Contact:
Donna Rehman, Corporate Secretary
(818) 706-8999, ext. 3033 or corp@echo-inc.com

Press Releases are also available by calling (800) 233-0406 ext. 3033, or by email to corp@echo-inc.com

2001
2000

Electronic Clearing House, Inc. (ECHO)
28001 Dorothy Drive
Agoura Hills, CA 91301

Phone: (800) 233-0406
Fax: (818) 991-5973
E-Mail: echo@echo-inc.com
URL: http://www.echo-inc.com