ETC Announces Fourth Quarter and Year End 2015 Results

March 11, 2016

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


WAUKESHA, WISCONSIN, March 11, 2016 	OTC – Pink Sheets

Electronic Tele-Communications, Inc. (ETC) today reports its fourth quarter and year end results for 2015. Sales for the quarter were $213,527 compared to $256,165 for the fourth quarter of 2014. The net earnings for the quarter were $41,800 or $0.01 per Class A common share, compared to a net loss of $51,678 or $0.02 per Class A common share for the fourth quarter of 2014. Sales for 2015 were $837,845, compared to $1,476,748 for 2014. The net loss for 2015 was $290,116 or $0.12 per Class A common share, compared to a net loss for 2014 of $97,135 or $0.04 per Class A common share.

ETC President Elizabeth Danner commented on the results saying, "The reduction in employment levels and related expenses along with year-end equipment sales allowed ETC to show a profit for the fourth quarter. However, that was not enough to off-set the losses over the previous nine months of 2015, which was reflected in the loss for the year. Sales of the Digicept Emcee® have continued to improve in the first quarter of 2016 and the cost-reduction controls remain in effect. Both cash flows and earnings are currently ahead of where they were at this time in 2015."

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 (Loss):
                                      (unreviewed)          (unreviewed)
                                    Three Months Ended   Twelve Months Ended
                                        December 31          December 31
                                     2015       2014       2015        2014
Net sales                          213,527    256,165     837,845  1,476,748
Cost of products sold               89,693    123,559     446,864    778,152
Gross profit                       123,834    132,606     390,981    698,596

Operating expenses:
 General and administrative         39,617     70,848     276,041    311,899
 Marketing and selling              10,047     48,800     150,595    219,018
 Research and development           24,072     58,625     225,118    241,222
                                    73,736    178,273     651,754    772,139

Earnings (loss) from operations     50,098    (45,667)   (260,773)   (73,543)
Other income (expense)              (8,298)    (6,011)    (29,343)   (23,592)

Earnings (loss) 
  before income taxes               41,800    (51,678)   (290,116)   (97,135)
Income taxes                             0          0           0          0
Net earnings (loss)                 41,800    (51,678)   (290,116)   (97,135)

Basic and diluted earnings (loss) per share:
  Class A common                      0.02      (0.02)      (0.12)     (0.04)
  Class B common                      0.02      (0.02)      (0.12)     (0.04)

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

Selected Balance Sheet Data:
                                    Dec 31     Dec 31
                                     2015       2014
Current assets                     245,412    334,351
Total assets                       267,546    372,235
Current liabilities              1,020,135    834,708
Total liabilities                1,020,135    834,708
Stockholders' equity (deficit)    (752,589)  (462,473)

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