ETC Announces First Quarter 2017 Results

May 1, 2017

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


WAUKESHA, WISCONSIN, MAY 1, 2017 	OTC – Pink Sheets

Electronic Tele-Communications, Inc. (ETC) today reports first quarter results for 2017. Sales for the quarter were $185,200 compared to $329,253 for the first quarter of 2016. The net earnings for the quarter were $21,243 or $0.01 per Class A common share, compared to $92,849 or $0.04 per Class A common share for the first quarter of 2016.

ETC President Elizabeth Danner commented on the results saying, "First quarter 2016 had exceeded our expectations for sales of our Digicept® Emcee products. While first quarter 2017 is down from the previous year's first quarter, it met expectations and we see ourselves on course to remain profitable in 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 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
                                    2017       2016
Net sales                          185,200    329,253
Cost of products sold               86,368    144,646
Gross profit                        98,832    184,607

Operating expenses:
 General and administrative         34,168     40,966
 Marketing and selling              12,257     18,114
 Research and development           26,417     27,730
                                    72,842     86,810

Earnings (loss) from operations     25,990     97,797
Other income (expense)              (4,747)    (4,948)

Earnings (loss) before
 income taxes                       21,243     92,849
Income taxes                             0          0
Net earnings (loss)                 21,243     92,849

Basic and diluted earnings (loss) per share:
  Class A common                      0.01       0.04
  Class B common                      0.01       0.04

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

Selected Balance Sheet Data:          (unaudited)
                                   Mar 31     Dec 31
                                    2017       2016
Current assets                     296,851    297,901
Total assets                       308,695    308,364
Current liabilities                675,787    681,699
Total liabilities                  840,787    861,699
Stockholders' deficit             (532,092)  (553,335)

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