SHAWNEE, OK — (Marketwire) — 09/19/11 — EC Development, Inc. (PINKSHEETS: ECDI) today announced the filing of an initial Form 10 Registration Statement with the U.S. Securities & Exchange Commission (SEC).
“We are very pleased to announce the filing of our Form 10 Registration Statement with the SEC, which includes 2009 and 2010 audited financials,” stated Gene Estep, Chief Executive Officer of EC Development, Inc. “After the registration statement becomes effective with SEC, our Company begins its obligations to the investing public and our shareholders to maintain the disclosures that investors can rely upon in making investment decisions. As a reporting public company, we believe we are a more attractive investment opportunity for both our existing shareholders and those considering our company. We intend to pursue listing with the OTC Bulletin Board and eventually having our stock traded on an exchange for the benefit of our shareholders.”
EC Development, Inc. is a leading provider of Gaming Management Software Technology designed to empower casinos with superior electronic management tools. Through its patented flagship technology, the Tahoe CMS (Casino Management System), casinos gain a wide array of electronic and automated options, modules and add-ons, providing the most innovative business intelligence tools, cutting edge marketing tools, and promotional tools available in the Gaming industry.
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 .
Statements in this release, other than statements of historical fact, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks, uncertainties and assumptions. Actual results may differ materially from those expressed in these forward-looking statements due to factors such as: the effect of economic conditions in the United States and globally; access to capital; future sales and cash flows; changes in government and customer priorities and requirements (including government budgetary constraints, shifts in defense spending, changes in import and export policies, and changes in customer short-range and long-range plans); and other risk factors disclosed in our filings with the U.S. Securities and Exchange Commission. There may be other risks and uncertainties that we are unable to predict at this time or that we currently do not expect to have a material adverse effect on our business. Any such risks or uncertainties could cause our results to differ materially from those expressed in forward-looking statements.
You should not put undue reliance on any forward-looking statements in this release. These forward-looking statements speak only as of the date of this release and we undertake no obligation to update any forward-looking statements after we distribute this release.
EC Development, Inc.
877.296.3163
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