[October 27, 2014]

MyECheck Files Form 10 for Registration of Securities with SEC

MyECheck, Inc. (OTC PK: MYEC), the leader in electronic check solutions for internet and mobile payments, announced today that it has filed a Form 10 with the Securities Exchange Commission, also known as General Form For Registration of Securities.

The purpose of the Form 10 filing is to register its class of common stock with the SEC (News - Alert), to become fully reporting with the SEC improving company transparency, and to qualify for a more senior stock exchange.

The Form 10 Registration statement contains audited financial statements for the years 2012 and 2013, and auditor reviewed quarterly reports from Q1, Q2 and the onths of July and August 2014, and other pertinent information related to the business of the MyECheck.

The registration becomes effective after any SEC acceptance, typically after a series of SEC questions and company responses. The company will now file regularly with the SEC.

MyECheck also announced that it re-purchased the one outstanding preferred share of stock for one dollar.

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 [email protected]

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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