ETC Announces Second Quarter 2015 Results

August 14, 2015

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


WAUKESHA, WISCONSIN, August 14,2015 	OTC – Pink Sheets

Electronic Tele-Communications, Inc. (ETC) today reports its second quarter 2015 results. Sales for the quarter were $239,072 compared to $451,262 for the second quarter of 2014. The net loss for the quarter was $47,103 or $0.02 per Class A common share, compared to net earnings of $6,163 or $0.00 per Class A common share for the second quarter of 2014.

Sales for the first six months of 2015 were $422,182, compared to $943,997 for the first six months of 2014. The net loss for the first six months of 2015 was $217,650 or $0.09 per Class A common share, compared to net earnings for the first six months of 2014 of $22,247 or $0.01 per Class A common share.

Commenting on the results, ETC President Elizabeth Danner said, "The Company saw a slight improvement in sales the second quarter compared to the first quarter of 2015 but our results continue to lag below historical levels. While we continue to work on product certifications and improvements, we project sales to continue to be erratic throughout the rest of the year."

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 systems 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:
                                      (unreviewed)          (unreviewed)
                                   Three Months Ended     Six Months Ended
                                        June 30               June 30
                                    2015       2014       2015       2014
Net sales                          239,072    451,262    422,182    943,997
Cost of products sold              128,285    247,678    249,501    515,336
Gross profit                       110,787    203,584    172,681    428,661

Operating expenses:
 General and administrative         54,942     80,309    133,466    161,292
 Marketing and selling              41,467     56,811     88,622    117,581
 Research and development           54,428     54,432    154,806    115,838
                                   150,837    191,552    376,894    394,711

Earnings (loss) from operations    (40,050)    12,032   (204,213)    33,950
Other income (expense)              (7,053)    (5,869)   (13,437)   (11,703)

Earnings (loss) before
 income taxes                      (47,103)     6,163   (217,650)    22,247
Income taxes                             0          0          0          0
Net earnings (loss)                (47,103)     6,163   (217,650)    22,247

Basic and diluted earnings (loss) per share:
  Class A common                     (0.02)      0.00      (0.09)      0.01
  Class B common                     (0.02)      0.00      (0.09)      0.01

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

Selected Balance Sheet Data:
                                   Jun 30     Dec 31
                                    2015       2014
Current assets                     227,739    334,351
Total assets                       260,890    372,235
Current liabilities                941,013    834,708
Total liabilities                  941,013    834,708
Stockholders' equity              (680,123)  (462,473)

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