The Rosen Law Firm Files Securities Fraud Class Action Against the Former Auditors of Electronic Game Card Inc. -- EGMIQ

The Rosen Law Firm Files Securities Fraud Class Action Against the Former
Auditors of Electronic Game Card Inc. -- EGMIQ

NEW YORK, Jan. 4, 2013 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announced
today that it has filed a class action lawsuit on behalf of all purchasers of
Electronic Game Card, Inc. (OTCBB:EGMIQ) (Pink Sheets:EGMIQ.PK)stock between
April 5, 2007 and February 19, 2010 (the "Class Period").

To join the EGMI class action, go to the website at http://www.rosenlegal.com
or call Timothy Brown, Esq. or Jonathan Horne, Esq. toll-free at 866-767-3653
or email tbrown@rosenlegal.com or jhorne@rosenlegal.com for information on the
class action.The case is pending in the United States District Court for the
Southern District of New York.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION.UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY
ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.YOU MAY ALSO
RETAIN COUNSEL OF YOUR CHOICE.

The complaint charges Timothy Quintanilla and certain of the present and
former partners of Mendoza Berger & Co., LLP ("M&B") with violations of
Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.The complaint
asserts that, during the Class Period, M&B, EGMI's independent auditor, issued
materially false and misleading audit opinions certifying financial statements
of EGMI, which misrepresented the Company's true financial condition.The
Complaint alleges that on February 19, 2010 the Company filed an 8-K
announcing that its auditors had withdrawn their audit opinions for Electronic
Game Card, Inc.'s financial statements for the years ended December 31, 2006,
2007, and 2008.

A class action lawsuit has already been filed on behalf of EGMI
shareholders.If you wish to serve as lead plaintiff, you must move the Court
no later than March 5, 2013. If you wish to join the litigation or to discuss
your rights or interests regarding this class action, please contact
plaintiff's counsel, Timothy Brown, Esq. or Jonathan Horne, Esq. of The Rosen
Law Firm toll free at 866-767-3653 or via e-mail at tbrown@rosenlegal.com or
jhorne@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation.

CONTACT: Timothy Brown, Esq.
         Jonathan Horne, Esq.
         The Rosen Law Firm P.A.
         275 Madison Avenue, 34th Floor
         New York, New York 10016
         Tel:  (212) 686-1060
         Toll Free: 1-866--767-3653
         Fax: (212) 202-3827
         tbrown@rosenlegal.com
         jhorne@rosenlegal.com
         www.rosenlegal.com
 
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