$MYEC Announces Jim Fancher As Executive Vice President

MyECheck Appoints Jim Fancher as Executive Vice President

FOLSOM, Calif.–(BUSINESS WIRE)–MyECheck, Inc. (OTC PK: MYEC), the leader in electronic check solutions for internet and mobile payments, has named Jim Fancher as executive vice president. Fancher’s responsibilities will include implementing executive strategies and overseeing the company’s growth plan, including the expansion of top and bottom line revenues.

A proven financial industry veteran specializing in electronic check technology and related software development, Fancher holds a Bachelor of Science degree in computer engineering technology and has more than 15 years of highly relevant management and operational experience, having served in multiple senior level executive positions in the electronic check industry.

An industry leading expert in electronic check technology, Fancher’s experience includes serving as General Manager for Endpoint Exchange, an FIS company, where he had full P&L responsibility for the company’s real time, check image exchange that served more than six thousand financial institutions with an access of one hundred million electronic check image transactions per month. While at Endpoint Exchange, Fancher led the team that designed the first check image mining application, cultivated a partnership with IBM and the six largest US banks, and set the industry standards for check imaging resulting in viral adoption of mobile check deposit.

Prior to his time at Endpoint Exchange, Fancher has held senior sales or management positions at VectorSGI, Metavante, CheckFree/FiServ and other financial services software companies. Most recently, Fancher has been an operations and solutions consultant for SeerGate Ltd., where he created strategic partnership framework for the company.

“Jim’s unique expertise coupled with his strategic vision for MyECheck are invaluable assets to MyECheck, and we are excited for the future growth of the company under his leadership,” Ed Starrs, President and CEO.

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, contactsales@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.

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