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ECHO
Press Releases 2004
FOR IMMEDIATE RELEASE
Electronic
Clearing House, Inc.
to Provide Visa Point-of-Sale
Check
Service to Global Check Services
Camarillo, Calif., April 1, 2004 -
Electronic Clearing House, Inc. (Nasdaq: ECHO), a leading provider of electronic
payment and transaction processing services, announced
today that it has successfully completed a pilot with Global Check
Services to provide the Visa Point-of-Sale (POS) Check Service to Global's
growing merchant base. Global Check Services, headquartered in San Diego,
California, is a provider of check conversion, check verification, and
internet check processing services.
Global Check Services will roll out ECHO's
Visa POS Check Service to 5,000 of its merchant locations in April,
2004. Global Check Services will also sell the Visa POS Check
product to new merchants.
"Global Check Services is a
highly respected, quality provider of check services in the San
Diego area and we are pleased to assist them to enhance the check
services they offer to their merchants nationwide," said Joel
M. Barry, Chairman and CEO of Electronic Clearing House, Inc.
"We have had tremendous interest
in implementing the Visa POS Check Service for our merchants and we
look forward to working with ECHO to bring this innovative
solution to them," said Dave Homoki, President of Global Check
Services.
About Electronic Clearing House, Inc.
(ECHO)
Electronic Clearing House, Inc.
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.
For more information about ECHO,
please visit www.echo-inc.com.
Safe Harbor Statement Under the
Private Securities Litigation Reform Act of 1995: Any statements set
forth above that are not historical facts are 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.
Contact:
Electronic Clearing House, Inc.
Donna Rehman, 805-419-8533
corp@ECHO-inc.com
http://www.echo-inc.com
or
Coffin Communications Group
Crocker Coulson, 818-789-0100
crocker.coulson@coffincg.com
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