ETC Announces First Quarter 2015 Results

April 24, 2015

For Further Information contact: Dean Danner, President
                                 Boni Danner, Vice President
                                 (262) 542-5600 *


WAUKESHA, WISCONSIN, April 24,2015 	OTC – Pink Sheets

Electronic Tele-Communications, Inc. (ETC) today reported its first quarter 2015 results. Sales for the quarter were $183,110 compared to $492,735 for the 2014 first quarter. The net loss for the quarter was $170,547 or $0.07 per Class A common share, compared to net earnings of $16,084 or $0.01 per Class A common share for the first quarter of 2014.

Commenting on the results, ETC President Dean Danner said, “The drop in sales in both our public telecom and government equipment markets, as previously disclosed in our fourth quarter 2014 earnings release, was the primary cause of the losses in the first quarter of 2015. Until our markets return to historical levels ETC will be under financial pressure to reduce operating expenses. However, we intend to continue the work necessary to obtain product certifications required to supply our flagship products to several large communication service providers.”

Electronic Tele-Communications supplies voice announcers and Voice Application Platforms to domestic and foreign telephone utilities under the Audichron® and Digicept® brand names. ETC also supports a network of Time Weather and Temperature systems installed throughout the United States. 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 adverse effects of the recent worldwide recession and the timing and strength of a subsequent recovery, 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, which may cause the Company’s actual future results to be materially different than those expected in its forward-looking statements. ETC does not undertake to update its forward-looking statements.

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Electronic Tele-Communications, Inc.

Statements of Operations:
                                   Three Months Ended
                                        March 31
                                    2015       2014
Net sales                          183,110    492,735
Cost of products sold              121,216    267,658
Gross profit                        61,894    225,077

Operating expenses:
 General and administrative         78,524     80,983
 Marketing and selling              47,155     60,770
 Research and development          100,378     61,406
                                   226,057    203,159

Earnings (loss) from operations   (164,163)    21,918
Other income (expense)              (6,384)    (5,834)

Earnings (loss) before
 income taxes                     (170,547)    16,084
Income taxes                             0          0
Net earnings (loss)               (170,547)    16,084

Basic and diluted earnings (loss) per share:
  Class A common                     (0.07)      0.01
  Class B common                     (0.07)      0.01

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

Selected Balance Sheet Data:          (unaudited)
                                   Mar 31     Dec 31
                                    2015       2014
Current assets                     224,989    334,351
Total assets                       264,012    372,235
Current liabilities                897,032    834,708
Total liabilities                  897,032    834,708
Stockholders' deficit             (633,020)  (462,473)

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