Revenue and Profit for Electronic Systems Technology

Electronic Systems Technology Inc. (EST) (OTC:ELST), dba ESTeem Wireless Modems, the manufacturer of the ESTeem product line of wireless modems, today announced, in a press release, sales and results of operations for the twelve month period ended December 31, 2010. Shares of Electronic Systems last traded on March 7, 2011 at $0.59 per share. The company has a market cap of $3 million and a 52-week range between $0.37 and $0.70 per share.

EST reported sales for 2010 of $2,228,798 compared to $1,867,076 for 2009, reflecting an increase of 19% from 2009. Net Income for 2010 was $129,452, or $0.02 per share, compared with a Net Income of $24,495, or $0.00 per share, for 2009.

Electronic Systems, doing business as ESTeem Wireless Modems, engages in the research and development, manufacture, and marketing of wireless modem products and accessories in the United States and internationally. The company’s ESTeem wireless modem products provide wireless communication links between computers, peripherals, and instrumentation controls using radio frequency waves.

It offers packet burst radio modems for point to point, as well as point to multi-point digital data networking in commercial, industrial, and public safety applications; Ethernet radios used in data rate critical, point to point, point to multi-point, and last-mile bridge data networking and mobile applications; direct sequence spread spectrum transceivers; and accessories, including antennas, power supplies, and cable assemblies.

The company also provides repair and upgrade, site survey testing, system start-up, and custom engineering services. Its products are used in various industries, including agriculture, material handling, airport lighting, metals, automotive, power, enterprise networking, public safety, entertainment, oil/gas, factory floor networking, solar energy, federal, water/wastewater, marine, and wind power. The company markets its products directly, as well as through sales representatives and resellers.

For more information, please visit: www.esteem.com.

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