Electronic Game Card Inc. (EGC), Irvine, Calif. announced it engaged G.C. Andersen Partners LLC, London to serve as its strategic and financial advisor. Andersen Partners LLC is a merchant banking and financial advisory firm.
Due to EGC’s current state of affairs, one of Andersen Partners’ first initiatives will be to raise working capital funds to enable the company to engage legal, accounting and other service providers to review the historical operating and financial performance of EGC and its subsidiaries.
Commenting on the appointment of Andersen Partners, Kevin Donovan, CEO and interim joint chairman of Electronic Game Card Inc., said, “Having the support of an experienced advisor such as G.C. Andersen Partners will allow us to review our operations and identify the most advantageous options for the Company and its shareholders going forward.”
About Electronic Game Card, Inc.
Electronic Game Card Inc. develops, produces and markets innovative games to the casinos and lottery, toys and games, education, and promotional product industry worldwide. The company’s lead product is the EGC Electronic Game Card that can be programmed to suit a variety of gaming and promotion applications.
For further information, visit www.electronicgamecard.com.
