ETC Announces Third Quarter 2008 Results

October 24, 2008


For Further Information contact: Dean Danner, President
                                 Boni Danner, VP Eng. & Treasurer
                                 (262) 542-5600 * http://www.etcia.com

ETC ANNOUNCES THIRD QUARTER 2008 RESULTS

WAUKESHA, WISCONSIN, October 24, 2008 	OTC – Pink Sheets
ELECTRONIC TELE-COMMUNICATIONS, INC.	Symbol – ETCIA

Electronic Tele-Communications, Inc. (ETC) today reported its third quarter 2008 results. Sales for the quarter were $320,712 compared to $518,477 for the 2007 third quarter. ETC had a net loss of $126,604 or $0.05 per Class A common share for the quarter, compared to net earnings of $5,761 or $0.00 per Class A common share for the third quarter of 2007.

Sales for the first nine months of 2008 were $1,295,783 compared to sales of $1,616,983 in the first nine months of 2007. The loss for the first nine months of 2008 was $168,187 or $0.07 per Class A common share, compared to a loss of $235,592 or $0.09 per Class A common share for the first nine months of 2007.

Commenting on the results, ETC President Dean Danner said, “Traditionally slow summer sales, numerous national economic issues including uncertainty related to the election year, and a significant tightening in the credit markets combined to adversely impact our sales in the quarter. Although order input has improved recently, we anticipate these national economic problems will continue to affect our business.”

Included in the balance sheet numbers of this report are residual assets in the form of stock holdings associated with a terminated pension plan from one of our former subsidiaries. The status of these residual assets has only recently been clarified. Our research into these residuals indicates they should have been included in our balance sheet since 2001. These residual assets have no impact on our earnings since 2001, and their future value will be adjusted quarterly to reflect market conditions. An unreviewed balance sheet for the past 5 years, adjusted to reflect these residual assets, will be available on our web site.

Electronic Tele-Communications supplies voice announcers and Voice Application Platforms to domestic and foreign telephone utilities 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.

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.

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Electronic Tele-Communications, Inc.

Statements of Operations:
                                      (unreviewed)          (unreviewed)
                                   Three Months Ended     Nine Months Ended
                                      September 30           September 30
                                    2008        2007       2008       2007
Net sales                           320,712    518,477  1,295,783  1,616,983
Cost of products sold               211,917    291,170    774,900    945,820
Gross profit                        108,795    227,307    520,883    671,163

Operating expenses:
 General and administrative          75,512     61,906    166,892    277,515
 Marketing and selling               79,868    105,740    282,948    322,632
 Research and development            77,365     46,297    225,290    190,157
 Relocation Costs                         0          0          0     95,272
                                    232,745    213,943    675,130    885,576

Earnings (loss) from operations    (123,950)    13,364   (154,247)  (214,413)
Other income (expense)               (2,654)    (7,603)   (13,940)   (21,179)

Earnings (loss) before
 income taxes                      (126,604)     5,761   (168,187)  (235,592)

Income taxes                              0          0          0          0
Net earnings (loss)                (126,604)     5,761   (168,187)  (235,592)

Basic and diluted earnings (loss) per share:
  Class A common                      (0.05)      0.00      (0.07)     (0.09)
  Class B common                      (0.05)      0.00      (0.07)     (0.09)

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

Selected Balance Sheet Data:

                                (unreviewed)(unreviewed)
                                   Sep 30      Dec 31
                                    2008        2007
Current assets                      542,368    693,445
Total assets                        810,199  1,008,652
Current liabilities                 977,197    970,829
Total liabilities                 1,059,523  1,072,154
Stockholders' equity               (249,324)   (63,502)


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