ETC Announces First Quarter 2007 Results

WAUKESHA, Wis.–(BUSINESS WIRE)–Electronic Tele-Communications, Inc. (ETC) (Pink Sheets:ETCIA) today reported its first quarter 2007 results. Sales for the quarter were $574,304 compared to $640,878 for the 2006 first quarter. The net loss was $63,033 or $0.03 per Class A common share, compared to a net loss of $97,706 or $0.04 per Class A common share for the first quarter of 2006.

Commenting on the results, ETC President Dean Danner said, “Lower net sales, due to a customer choosing to no longer provide TWT information as a public service in their market, coupled with slightly higher interest expenses resulted in a loss for the first quarter of 2007. ETC is actively working with other customers to replace this public service and taking steps to further reduce our fixed operating costs. During the second quarter of 2007 ETC will consolidate its facilities and eliminate its offices in Atlanta, Georgia. This consolidation will result in one time charges during the second quarter but will lower ongoing operating costs for the Company.”

Electronic Tele-Communications and its affiliates have been supplying voice announcers and Voice Application Platforms to domestic and foreign telephone utilities for over 70 years under the Audichron® and Digicept® brand names. ETC’s equipment provides a wide range of audio information and call handling services via telephone networks, computer networks, and the Internet. ETC, with corporate headquarters in Waukesha, Wisconsin also has operations in Norcross, Georgia.

From time to time, information provided by ETC, statements made by its employees, and information included in its press releases and other public statements which are not historical facts are forward-looking in nature and relate to trends and events that may affect our future financial position and operating results. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties including, but not limited to: business conditions in the telecommunications industry, the Company’s ability to achieve adequate sales levels or sufficient cash flow or cash reserves to support operations, technology changes, backlog, status of the economy, government regulations, sources of supply, expense structure, product mix, major customers, competition, litigation, and other risk factors. Investors are encouraged to consider these risks and uncertainties.