ECHO Press Releases

FOR IMMEDIATE RELEASE

ELECTRONIC CLEARING HOUSE, Inc. (ECHO) Announces Planned Move To New Corporate Headquarters

Agoura Hills, Calif., June 10, 2003 - Electronic Clearing House, Inc. (Nasdaq: ECHO), a leading provider of electronic payment and transaction processing services, today announced the signing of a five-year lease agreement on 20,030 square feet of a 40,000 square foot office building located in Camarillo, California. The new office space is situated within the Camarillo Business Center. 

Of ECHO's 194 total employees nationwide, approximately 125 will be relocated from the current headquarters in Agoura Hills, California to the new location in Camarillo, a distance of 20 miles. The move is scheduled for August 2003. 

"The move into larger premises, which includes an option to buy and first refusal rights on additional lease space, will accommodate the substantial growth in our operations in the past year and provide us the flexibility to continue to expand, while controlling our overall occupancy expense," said Joel M. Barry, Chairman and CEO of Electronic Clearing House, Inc. "Our staffing numbers have continued to increase as a direct result of a growing awareness and deployment among merchants, banks and collection agencies of our uniquely flexible platform of payment services." 

Barry continued, "We believe that the Ventura Freeway corridor offers us access to qualified associates and this location will serve us well as we continue to gain traction in the marketplace and target new growth areas." 

Electronic Clearing House, Inc. (www.echo-inc.com) provides a complete solution to the payment processing needs of merchants, banks and collection agencies. ECHO's services include debit and credit card processing, check guarantee, check verification, check conversion, check re-presentment, check collection, and inventory tracking. 

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts re forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, such factors as fluctuations in demand for the Company’s products and services, the introduction of new products and services, the Company’s ability to maintain customer and strategic business relationships, technological advancements, impact of competitive products and services and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, and other information detailed from time to time in the Company’s filings with the United States Securities and Exchange Commission.

Investor Contacts:

Donna Rehman, Corporate Secretary 
Electronic Clearing House, Inc.
818-706-8999, ext. 3033 
Agoura Hills, Calif. 
E-MAIL: corp@ECHO-inc.com
URL: http://www.ECHO-inc.com

Crocker Coulson, Partner
Coffin Communications Group
818-789-0100
E-MAIL: crocker.coulson@coffincg.com

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

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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