MyECheck Expands to New Corporate Head Office Facility

FOLSOM, Calif.--()--MyECheck, Inc. (OTC PK: MYEC), the leader in electronic check solutions for internet and mobile payments, announced today that it has leased and occupied a new corporate head office, located in Folsom, CA. GreenPay will occupy the space MyECheck is vacating, providing physical separation of the operations of both companies.

The new offices consist of approximate 3,500 square feet, making a total of about 7,000 square feet of class A office space under lease by MyECheck, suite 140 and now suite 190 at 2600 E. Bidwell St. The new facility is better equipped for MyECheck’s corporate operations and has a formal reception, a large high tech conference room, a smaller meeting room, full kitchen and break area, seven executive offices, three cubicles and two work stations and is situated in the front of the building on the ground floor, the premium office space in the building. GreenPay offices are next door to MyECheck.

MyECheck has entered into a 3.5 year lease at approximately $1.85 per square foot per month. The new facility is necessary to accommodate new executives and senior level sales people in support of the company’s aggressive growth.

GreenPay offices are now situated next door to MyECheck on the same floor in the same building.

About MyECheck: MyECheck Inc. is a leading electronic payment technology developer, licensor and payment services provider. MyECheck operates under license to US Patent 7,389,913, “Method and Apparatus for Online Check Processing” granted June 2008. This patented payment method is the fastest, most secure and most cost effective method of processing payments in the US. MyECheck provides comprehensive payment solutions for all payment applications including mobile payments and the industry’s most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions. For more information, contact sales@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.

Contacts

Payments/Banking Media
Rebecca Mayo, 678-781-7221
rebecca@williammills.com
or
MyECheck Investor Relations
Bill Delgado
bill.delgado@myecheck.com

Release Summary

MyECheck, Inc., the leader in electronic check solutions for internet and mobile payments, announced today that it has leased and occupied a new corporate head office, located in Folsom, CA.

Contacts

Payments/Banking Media
Rebecca Mayo, 678-781-7221
rebecca@williammills.com
or
MyECheck Investor Relations
Bill Delgado
bill.delgado@myecheck.com