ETC Announces First Quarter 2002 Results

Waukesha, WI -- April 24, 2002

For Further Information contact: Dean Danner, President
                                 Jeff Nigl, Chief Financial Officer
                                 (262) 542-5600 * http://www.etcia.com

WAUKESHA, WISCONSIN, April 24, 2002	                      OTC Bulletin Board
ELECTRONIC TELE-COMMUNICATIONS, INC.                          Symbol - ETCIA

Electronic Tele-Communications, Inc. (ETC) today reported its first quarter 2002 results. Sales for the quarter were $1,109,558 compared to $1,671,825 for the 2001 first quarter.  This yielded a net loss for the quarter of $136,432 or $0.05 per Class A common share, compared to a loss of $707,249 or $0.28 per share for the first quarter of 2001.

Commenting on the first quarter results, ETC President Dean Danner said, "Like other telecommunications companies, ETC is still trying to recover from one of the worst industry recessions in the last quarter century. Our sales have improved by 10% each of the last two quarters, but are still down over 60% from where they were just two years ago. As we look forward, we anticipate sales will continue to improve, but at a slow pace."

"Although ETC did not return to profitability during the first quarter, the cost reduction programs implemented last year had a significant impact in minimizing the loss. Comparing the first quarters of 2002 and 2001, ETC improved gross margins from 40% to 51%, and reduced quarterly operating expenses by over $650,000. Neither ETC nor the telecommunications industry have recovered yet, but we are both moving in the right direction and ETC believes it will return to profitability before year end."

Electronic Tele-Communications is a supplier of Voice Application Processing Platforms to domestic and foreign telephone utilities and of messaging systems to the commercial market.  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.

Certain statements in this press release which are not historical facts are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Any "forward-looking" statements are provided in compliance with the "Safe Harbor" provision of the Private Securities Litigation Reform Act of 1995.  "Forward-looking" statements involve a number of risks and uncertainties including, but not limited to, technology changes, backlog, acquisitions, status of the economy, governmental regulations, sources of supply, expense structure, product mix, major customers, level of order flow, competition, litigation, and other risk factors detailed in the Company's filings with the Securities and Exchange Commission.  Investors are encouraged to consider the risks and uncertainties included in those filings.

Electronic Tele-Communications, Inc.

Statements of Operations:
                                      (unaudited)
                                   Three Months Ended
                                        March 31
                                    2002       2001
Net sales                        1,109,558  1,671,825
Cost of products sold              542,284  1,005,689
Gross profit                       567,274    666,136

Operating expenses:
 General and administrative        192,930    301,314
 Marketing and selling             273,822    539,673
 Research and development          234,824    516,829
                                   701,576  1,357,816

Earnings (loss) from operations   (134,302)  (691,680)
Other income (expense)              (1,130)   (14,569)

Earnings (loss) before
 income taxes                     (135,432)  (706,249)
Income taxes                         1,000      1,000
Net earnings (loss)               (136,432)  (707,249)

Basic and diluted earnings (loss) per share:
  Class A common                     (0.05)     (0.28)
  Class B common                     (0.05)     (0.28)

Weighted average shares outstanding
 for basic and diluted           2,509,147  2,509,147

Selected Balance Sheet Data:
                                (unaudited)
                                   Mar 31     Dec 31
                                    2002       2001
Current assets                   2,442,385  2,358,472
Total assets                     4,197,490  4,202,923
Current liabilities                879,851    733,183
Total liabilities                1,281,552  1,150,553
Stockholders' equity             2,915,938  3,052,370


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