NEW YORK and LONDON, Oct. 5, 2006 (PRIMEZONE) -- Electronic Game Card, Inc. (OTCBB:EGMI), the creator of the Electronic GameCard, today announced that it has developed two additional game software programs to be offered on its Electronic GameCard to lottery and gaming clients. The Company's extended 80 play Tic Tac Toe GameCard and Miami Dice can be played on a software simulator at www.electronicgamecard.com.
"During the last nine months, we have fine tuned our business strategy towards developing standardized games, reducing customization and thereby avoiding lengthy software processes. The net result permits sales to occur in smaller quantities and at greatly improved delivery times. While we will continue to offer customization, we have found that this strategy has resulted in a greater improvement in our market penetration," commented a spokesperson for Electronic Game Card, Inc. "Our continued development of new games software is designed to create attractive and compelling games for the lottery and gaming sector. It is our intention to continue to increase our library of 17 games and further our product development with improved circuit design and increased GameCard capabilities including interactive elements. All our products are designed to provide our customers' players an enhanced and seriously fun GameCard experience."
Tic Tac Toe
The objective is to beat the GameCard and accumulate as many points as possible by getting three Xs in any row, column or horizontal. The grid will be completed randomly and the player cannot influence where the X goes on the grid. If the player reveals a winning combination of Xs the GameCard will flash the appropriate winning line, column or diagonal with the appropriate points won.
Miami Dice
The game's objective is to accumulate as many points as possible by creating winning combinations with a roll of the five dice. If the five dice reveal a winning combination as detailed in the Play Table at the bottom of the GameCard, the points total will accumulate until all 80 plays are completed.
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 EGC GameCard, a unique credit card-sized pocket game combining 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 joint venture with a major lottery focused U.S. listed corporation which owns approximately 8% 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.