Electronic Game Card Inc. Announces Initial Order with Shinnecock Tribe
* Reuters is not responsible for the content in this press release.
NEW YORK and LONDON, April 17 /PRNewswire-FirstCall/ -- Electronic Game
Card, Inc. (OTC Bulletin Board: EGMI) ("EGC"), today announced that it has
received an initial order for 25,000 Electronic GameCards(TM) from the
Shinnecock Indian Nation 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 the Shinnecock's ongoing activities in the gaming
market showcasing the Electronic GameCard(TM) as several new activities are
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
State recognized Tribe. Jonathan Smith, Head of Economic Development of the
Shinnecock Indian Nation, commented, "We're 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 such as high-stakes
bingo. 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 VP of Electronic Game Card, Inc.
Electronic Game Card, Inc. and EUMBC Ltd will be presenting the Electronic
GameCard (TM) and Tribal Numbers (http://www.tribalnumbers.com ) 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., (OTC Bulletin Board: 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.
SOURCE Electronic Game Card, Inc.
Yvonne L. Zappulla, Managing Director, Grannus Financial Advisors, Inc.,
+1-212-681-4108, Yvonne@GrannusFinancial.com; or Roger Holdom of Electronic
Game Card, Inc., +44 207 451 2480, Investor.relations@electronicgamecard.com
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters