ECHO Press Releases

FOR IMMEDIATE RELEASE
June 4, 2001

ECHO APPOINTS JANE KELLER EXECUTIVE DIRECTOR OF NATIONAL CHECK NETWORK

June 4, 2001, Agoura Hills, Calif.-- Electronic Clearing House, Inc. (NASDAQ:ECHO) today announced the appointment of Jane M. Keller as Executive Director of ECHO’s new National Check Network (NCN).

Ms. Keller is the co-owner of Triad Consultant Group, a collection agency consultancy firm, and over the past six years has served as its lead consultant to over 100 collection agencies across the nation. She is also a co-owner of RIO L.L.C., a collection firm located in Des Moines, Iowa.

Over the years, Ms. Keller has served in various collection-related capacities. Past positions include Loss Prevention Manager for Target Stores, Loss Prevention Manager for a mid-western grocery store chain, Marketing/Sales Manager with Vali-Chek, a check collection division of Credit Bureau Enterprises, and Managing Partner with MTR Collections.  Ms. Keller has also worked as an industry lobbyist with various state legislatures in the mid-west to restructure collection service fee laws. 

“Jane Keller brings a depth of hands on, in-depth knowledge of the collection industry to NCN.  She understands the regulatory, legislative and state/federal issues that are key concerns to collection agencies today,” stated Joel M. Barry, CEO of ECHO.  “Her proven integrity and unwavering commitment to the collection industry over the past 17 years makes her a perfect choice to be the Executive Director of NCN.  ECHO’s credit card, debit card and check related products and services will be channeled through 230 NCN check collection agency members, who will be able to offer these products to their combined base of over 30,000 retail merchants. We believe that through Jane’s leadership, NCN will quickly become the nation’s premier check service to the collection industry.”

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
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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