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EGC Reports Financial Results

Electronic Game Card, Inc. (ECG) is pleased to announce their year end financial reports ending December 31, 2006. ECG is the creator of the Electronic Game Card, and has parlayed that creation into a proprietary technology platform, and because of that they have seen major growth in their company. The company has increased the number of games they have as well as completely changed their strategy for economic growth.

They have added an additional five games to the twelve they already have, and are working on an additional seven that they hope to be able to add by the end of the year. They have filed eight patents, and have changed the way they handle sales for the company. According to the company, they believe that last year was a transitional year for the company, and they feel that the road they have now started on will show great growth potential and economic success for the company.

They say that not only have they increased the amount of money that they are bringing in, but they have also reduced the amount of overhead that they have. They believe that not all of the benefits have shown themselves yet from the work they have been doing, but they think that the results will start to become more apparent as the year progresses.

They say that they have decreased their operating losses, and are projecting earnings of up to $0.45 per fully diluted share, which will make shareholders happy. Revenues increased 58% last year to $998,000 which is a big difference over the previous year – which was $632,000. They say they had some production problems in the beginning of the year which threw them off, but they do not anticipate the same problems this year, so they will end up ahead of the game.

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