/C O R R E C T I O N -- Electronic Game Card Inc./
In the news release, Electronic Game Card Inc. Announces Initial Order with Shinnecock Tribe, issued earlier today by Electronic Game Card, Inc. over PR Newswire, we are advised by the company that th NEW YORK and LONDON, April 17 /PRNewswire-FirstCall/ -- Electronic Game Card, Inc. (BULLETIN BOARD: 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 ) 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 or Roger Holdom About Electronic Game Card. Inc.
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. PRNewswire-April 17
2008-04-17 18:44:03 0339274 PRNEWSWIRE
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