NEW YORK and LONDON, April 17 /PRNewswire-FirstCall/ -- Electronic Game Card, Inc. OTCBulletinBoard: EGMI ("EGC"), today announced that it has received an initial order for 25,000 Electronic GameCards(TM) from Electronic Gaming Zone, based in Shinnecock Indian Territory in New York. The order has been arranged and placed by EUMBC Ltd, Electronic Game Card, Inc's distributor to the US Indian Gaming market. The order is part of ongoing activities in the gaming market in Indian Country showcasing the Electronic GameCard(TM) as several new activities will be launched this summer. The early use of the Electronic GameCard(TM), set to retail at $20 per card, is to generate consumer recruitment and brand development throughout 2008.
The Shinnecock Indian Nation is one of the longest, continuously self- governing tribes in the country. There are more than 1,300-members of the Tribe. Jonathan Smith, President of Electronic Gaming Zone, based in Shinnecock Indian Territory and a member of the Shinnecock Indian Nation, commented, "I am delighted to have placed an order with EUMBC Ltd for the use of the Electronic GameCard(TM). The Electronic GameCard(TM) makes branding and economic sense, and fits well with our growth plans as we introduce exciting new games this summer. It is our hope that our customers, once they have started playing the Electronic GameCard (TM), will not be able to put them down!"
"For a number of years we have been looking forward to the day that our Electronic GameCard is sold on Native American Territory. This is a tremendous opportunity for our company and we intend to do all that is in our power to turn this initial period into a long term relationship," said Roger Holdom, Senior Vice President of Electronic Game Card, Inc.
Electronic Game Card, Inc and EUMBC Ltd will be presenting the Electronic GameCard (TM) and Tribal Numbers (www.tribalnumbers.com <http://www.tribalnumbers.com> ) on Electronic Gaming Zone's booth (booth number 2444) at the "Indian Gaming 2008 meeting and trade show of the National Indian Gaming Association (NIGA) in San Diego, California on April 20-23. The NIGA trade show is one of the largest annual gatherings of American Indian tribal and industry leaders, typically drawing several thousand delegates.
Contact:
Yvonne L. Zappulla
Managing Director
Grannus Financial Advisors, Inc.
212-681-4108
Yvonne@GrannusFinancial.com
or
Roger Holdom
Electronic Game Card, Inc.
+44 207 451 2480
Investor.relations@electronicgamecard.com
About Electronic Game Card. Inc.
Electronic Game Card Inc., OTCBB: EGMI, develops, produces and markets innovative games to the lottery, casino, and promotional industry worldwide. The Company's lead product is the Electronic GameCard(TM), a unique credit card-sized pocket game combining patent-pending proprietary technology of interactive capability with "instant win" excitement. The "Electronic GameCard" can be programmed to suit a variety of gaming and promotion applications. EGMI 's client base is across the $100 billion global market of state and national lotteries, Gaming and Casinos, Indian Gaming and the expanding sales promotion and incentive markets. EGMI develops sales and marketing relationships with agents globally and has a technology licensing agreement with a major lottery focused US listed corporation which owns approximately 5% of the EGMI common stock. For further information please visit www.electronicgamecard.com
July 2005, the Public Gaming Research Institute (PGRI) named the Electronic GameCard(TM) as a 2005 Lottery Product of the Year during its conference in Las Vegas. The PGRI award recognizes the importance of new products to the growth and continuing success of worldwide lotteries.
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Risk factors are listed in the most recent Annual Report on Form 10-KSB and Quarterly Report on Form 10-QSB filed with the Securities and Exchange Commission.
Website: http://www.electronicgamecard.com/
Website: http://www.tribalnumbers.com/