Lord Leonard Steinberg, Founder of Stanley Leisure Ltd.agrees to become Chairman of the Board of Electronic Game Card, Inc.
On June 6, 2008, Lord Steinberg filed as a 5 percent owner of Electronic Game Card, Inc.
NEW YORK, NY/LONDON, ENGLAND - June 6, 2008 - Electronic Game Card, Inc. (OTCBB: EGMI) ("EGC"), announced today that Lord Leonard Steinberg has agreed to join the Board of Directors as Chairman.
Lord Steinberg is one of Britain's most successful businessmen and one of the most well known personalities in the gaming industry. He founded Stanley Leisure in Belfast in 1958 with one licensed betting shop. Stanley Leisure plc became the largest casino operator and fourth largest retail bookmaker with 600 shops in the United Kingdom. [read more | Press Centre]
Electronic Game Card Inc. Reports First Quarter 2008 Revenue Growth of 28 Percent Over Fourth Quarter
Company achieves 130 percent year-over-year first quarter revenue increase and delivers $0.021 fully diluted earnings per share
NEW YORK, NY/LONDON, ENGLAND – May 14, 2008 - Electronic Game Card, Inc. (OTCBB: EGMI) (“EGC”), today reported financial results for its first quarter ended March 31, 2008. The Company accomplished significant progress during its first quarter of 2008, adding to its shareholder equity, building its cash balance, validating and protecting its technology and, further expanding its addressable market. Since year end 2007, Electronic Game Card has been issued its first series of patents, received Gaming Laboratory International approval, increased its customer base and recurring revenue stream and announced entry into two new markets. [read more | Press Centre]