Company Continues Expansion of Its Gaming Products & Technologies Into the Global Marketplace

SHAWNEE, OK – EC Development, Inc. (OTCQB: ECDI) (OTCBB: ECDI) announced today that it has received a Letter of Intent from Juancito Sport Gaming Parlors located in the Dominican Republic requesting the installation of a trial version of its Tahoe Casino Management System (CMS), including the Jackpot Progressive and the Ticket-In/Out product solutions. The trial system is to be installed into the Juancito Sport headquarters Gaming Parlor prior to full installation of its other gaming parlor facilities. EC Development will begin installation within the next 30 days. The Company anticipates potential revenues in excess of $2,900,000 over the duration of the three year agreement.

“We are very excited to enter into this agreement with Juancito Sport,” said Gene Estep, CEO of EC Development. He added, “This is a tremendous opportunity for us to gain a significant presence within the Dominican Republic and to continue EC Development’s global expansion into new markets.”

EC Development’s flagship Tahoe CMS (Casino Management System) technology, brings speed and efficiency to casino gaming by providing customers a packaged, fully modern, fully computerized slot accounting, promotions, marketing, and reporting system which allows a casino to run virtually any vendor’s games on one system, completely eliminating disparate systems while enabling the use of some truly cutting edge marketing tools.

About EC Development, Inc.

EC Development, Inc. (ECDI), founded in 2005, designs, developments and markets software for the U.S. and international gaming and casino markets. The software monitors, audits, analyzes and manages all financial transactions and customer activities for casinos and other gaming related environments.

Its flagship technology, the Tahoe CMS (Casino Management System) is a complete class 2 and class 3 game accounting system and offers customers a packaged, fully modern, fully computerized slot accounting, promotions, marketing, and reporting system which allows a casino to run virtually any vendor’s games on one system, completely negating the need to have disparate systems while also enabling the use of some truly cutting edge marketing tools.

For more information on the company, please visit www.ecdevonline.com.

About Juancito Sport

The consortium was founded Johnny Sport in June 1990. Currently, the consortium has more than 300 employees in 57 branches throughout the Dominican Republic. Juancito Sport is the largest franchise in the Domnican Republic with over 3000 locations.

For more information on the company, please visit www.juancitosport.com.do.

Contact Information

Media Contact:
EC Development, Inc.
[email protected]
877.296.3163

 

What is The StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worthy of our readers attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated StockGuru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at [email protected].  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  [email protected].

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. The companies that are discussed in this opinion have not approved the statements made in this release or blog post. This release or blog post contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

 

StockGuru.com 
StockGuruCanada.com 
Shareholdervision.com
BoldStocks.com
IR Affiliates – IRIR.co
StoneBridge Web & SEO – StonebridgeIQ.com

All content on StockGuru.com is original content – with the exception of client news releases. All content is (C) Copyright 2002 to 2012 StockGuru. No content may be used in whole or in part without the express written consent of our Publisher. We encourage web sites interested in our content to offer a reciprical exchange agreement in exchange for use of some of our content. We do not offer advance approval, but contact our Publisher if you have an interest in repropagating our content. Contact as at: [email protected] or (469) 252-3030. Mailing address: 1601 Berwick Drive; McKinney, Texas 75070.