ETC Announces Fourth Quarter and Year End 2016 Results

March 16, 2017

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


WAUKESHA, WISCONSIN, March 16, 2017 	OTC – Pink Sheets

Electronic Tele-Communications, Inc. (ETC) today reports its fourth quarter and year end 2016 results. Sales for the quarter were $210,932 compared to $213,527 for the fourth quarter of 2015. The net earnings for the quarter were $79,883 or $0.03 per Class A common share, compared to net earnings of $41,800 or $0.02 per Class A common share for the fourth quarter of 2015. Sales for 2016 were $956,306, compared to $837,845 for 2015. The net earnings for 2016 were $199,254 or $0.08 per Class A common share, compared to a net loss of $290,116 or $0.12 per Class A common share for 2015.

ETC President Elizabeth Danner commented on the results saying, "There was a significant increase in sales of our Digicept® Emcee ELF during 2016 as customers implement upgrade projects to older systems on their wired segments. These additional sales allowed us to do significantly better than projections and helped bring ETC back to profitability."

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
                                     2016       2015       2016        2015
Net sales                          210,932    213,527     956,306    837,845
Cost of products sold               77,580     89,693     419,607    446,864
Gross profit                       133,352    123,834     536,699    390,981

Operating expenses:
 General and administrative         21,030     39,617     142,452    276,041
 Marketing and selling               6,311     10,047      69,843    150,595
 Research and development           21,238     24,072     105,483    225,118
                                    48,579     73,736     317,778    651,754

Earnings from operations            84,773     50,098     218,921   (260,773)
Other income (expense)              (4,890)    (8,298)    (19,667)   (29,343)

Earnings before income taxes        79,883     41,800     199,254   (290,116)
Income taxes                             0          0           0          0
Net earnings (loss)                 79,883     41,800     199,254   (290,116)

Basic and diluted earnings per share:
  Class A common                      0.03       0.02        0.08      (0.12)
  Class B common                      0.03       0.02        0.08      (0.12)

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
                                     2016       2015
Current assets                     297,901    245,412
Total assets                       308,364    267,546
Current liabilities                681,699  1,020,135
Total liabilities                  861,699  1,020,135
Stockholders' equity (deficit)    (553,335)  (752,589)

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