ETC Announces First Quarter 2018 Results

May 2, 2018

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


WAUKESHA, WISCONSIN, MAY 2, 2018 	OTC – Pink Sheets

Electronic Tele-Communications, Inc. (ETC) today reports first quarter results for 2018. Sales for the quarter were $139,253 compared to $185,200 for the first quarter of 2017. The net loss for the quarter was $6,955, or $0.00 per Class A common share, compared to net earnings for first quarter 2017 of $21,243, or $0.01 per Class A common share.

ETC President Elizabeth Danner commented on the results saying, "First quarter 2018 sales were down from sales for the first quarter 2017 and we showed a slight loss. We are continuing to monitor operating expenses and will work to keep costs down."

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, changes in laws and 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
                                    2018       2017
Net sales                          139,253    185,200
Cost of products sold               70,937     86,368
Gross profit                        68,316     98,832

Operating expenses:
 General and administrative         34,702     34,168
 Marketing and selling              11,015     12,257
 Research and development           24,757     26,417
                                    70,474     72,842

Earnings (loss) from operations     (2,158)    25,990
Other income (expense)              (4,797)    (4,747)

Earnings (loss) before
 income taxes                       (6,955)    21,243
Income taxes                             0          0
Net earnings (loss)                 (6,955)    21,243

Basic and diluted earnings (loss) per share:
  Class A common                      0.00       0.01
  Class B common                      0.00       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
                                    2018       2017
Current assets                     228,720    252,048
Total assets                       236,689    262,086
Current liabilities                651,430    654,872
Total liabilities                  756,430    774,872
Stockholders' deficit             (519,741)  (512,786)

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