"Paul Farrell brings a wealth of knowledge and wisdom to Electronic GameCard and has a vested interest in contributing to the company's success,having presided over a large holding of our company's shares over the pastseveral years," commented Lord Steinberg, Executive Chairman of ElectronicGame Card, Inc. "Our company has a solid financial foundation upon which wecan build a rapidly developing revenue base. Paul's understanding ofsuccessful emerging growth companies and the capital markets will be aninvaluable component to our board as we execute our strategy to elevateElectronic Game Card to the next level."

Mr. Farrell joined Pequot Capital Management, a multi-billion investmentadviser, in 2001. For seven years Mr. Farrell was a key member of Pequot'sScout Fund Group, most recently co-manager and chief operating officer of thefund. Concurrent with his portfolio responsibilities at Pequot CapitalManagement, Mr. Farrell was one of seven members on the executive committeeoverseeing firm-wide investment strategy, operations and recruiting, andserved as interim chief investment officer of Pequot Emerging Managers Fund,as well as a member of several internal investment committees. Previously,Mr. Farrell spent 13 years with Goldman Sachs, first as co-founder and managerof the Emerging Growth Research Group and then with Goldman Sachs AssetManagement as chief investment officer of the firm's US Value Equitiesdivision and as co-manager of the Capital Growth Fund and senior manager ofthe Small Cap Value Fund. Earlier in his career, Mr. Farrell was a partnerwith WR Capital Partners, LLC, a hybrid public and private equity partnership;managing director of Plaza Investments, an investment subsidiary of GeicoCorp.; and a research analyst for consumer and cyclical stocks at Fred AlgerManagement. Mr. Farrell is currently on the Board of privately-held, New Yorkbased Kleinfeld Bridal and not-for-profit Gary Klinsky Childen's Centers. Mr.Farrell has previously served on several public and private company boards.

Mr. Farrell received his B.A., magna cum laude and M.A. in Economics fromYale University. Mr. Farrell is also a Certified Financial Analyst charterholder.

Commenting on his appointment to Electronic Game Card's Board ofDirectors, Mr. Farrell, said, "We spent a considerable amount of timeanalyzing EGC and its market and were enthusiastic about the company'spotential. Its patented technology is unique and addresses a large anddiverse market. Today, with an enterprise value of approximately $30 millionaddressing a multi-billion dollar market opportunity with a proprietaryproduct that generates approximately 70% gross margins and a solid balancesheet, with little competition, I continue to see considerable potential inthe company. I look forward to contribute where possible to help EGC continueto build on its achievements."

Contact: Yvonne L. Zappulla Managing Director Grannus Financial Advisors, Inc. Call 212-681-4108 or e-mail yvonne@grannusfinancial.com or Roger Holdom Electronic Game Card, Inc. Call +44 207 451 2480 or e-mail investor.relations@electronicgamecard.com About Electronic Game Card. Inc.

Electronic Game Card Inc., (OTCBB: EGMI), develops, produces and marketsinnovative games to the promotional industry worldwide, toys and games,casinos and lottery. The Company's lead product is the EGC ElectronicGameCard(TM), a unique credit card-sized pocket game combining patent-pendingproprietary technology of interactive capability with "instant win"excitement. The "EGC Electronic GameCard(TM)" can be programmed to suit avariety of gaming and promotion applications.

EGMI's client base is across the $100 billion global market of, salespromotion, gaming and casinos, Indian gaming and state and national lotteriesmarkets. EGMI develops sales and marketing relationships with agents anddistributors globally and currently has agents and distributors in NorthAmerica, United Kingdom, Ireland, Mexico, Italy, Sweden, Norway, Denmark,Finland, South Africa Australia, New Zealand and Japan.

For further information please visit www.electronicgamecard.com

February 2008, Electronic GameCard(TM) received Gaming LaboratoryInternational approval for security and product robustness. In July 2005, thePublic Gaming Research Institute (PGRI) named the Electronic GameCard(TM) as a2005 Lottery Product of the Year.

Certain statements in this news release may constitute "forward-looking"statements within the meaning of section 21E of the Securities and ExchangeAct of 1934. The Company believes that its expectations, as expressed inthese statements are based on reasonable assumptions regarding the risks anduncertainties inherent in achieving those expectations. These statements arenot, however, guarantees of future performance and actual results may differmaterially. Risk factors are listed in the most recent Annual Report on Form10-KSB and Quarterly Report on Form 10-QSB filed with the Securities andExchange Commission.

SOURCE Electronic Game Card, Inc.