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March 17, 2006
Electronic Control Security Inc. Announces Effectiveness of Registration Statement

Clifton, New Jersey, March 17, 2006 - Electronic Control Security Inc. (OTCBB:EKCS), a leading manufacturer of perimeter security systems, announced today that its registration statement covering the resale by certain selling stockholders of up to 4,122,829 shares of its common stock had been declared effective by the U.S. Securities and Exchange Commission as of 9:30 a.m. today.

The shares covered by the registration statement include 1,347,829 shares of common stock issuable upon conversion of senior secured convertible debentures from its January 2006 financing (including shares issuable in connection with the payment of interest on the debentures if interest is not otherwise paid in cash and additional shares issuable in the event of possible adjustments to the conversion price and other potential adjustments); 1,585,218 shares of common stock issuable upon exercise of warrants to purchase shares of common stock (including additional shares issuable upon exercise of the warrants issued in connection with its January 2006 financing in the event of adjustments to the exercise price and other potential adjustments); 441,862 presently outstanding shares of common stock; 281,250 shares of common stock issuable in connection with the payment of dividends payable on outstanding shares of series A convertible preferred stock, if such dividends are not otherwise paid in cash; and 466,696 shares of common stock issuable in connection with the payment of dividends payable on outstanding shares of 10% series B convertible preferred stock, if such dividends are not otherwise paid in cash. ECSI will not receive any proceeds from the sale of these shares, except upon exercise of the warrants.

Arthur Barchenko, President and Chief Executive Officer of ECSI, commented, "This convertible debenture offered the Company immediate cash to address certain obligations we had in completing projects in progress and to pay off existing loans with Hudson United Bank in the amount of $662,606. As part of the convertible debenture, the convertible price will be $1.15 per share of common stock. Further, the Company has issued 434,783 stock warrants to the investors, which allows them to purchase 434,783 shares of common stock through January 11, 2009 at an exercise price of $2.00 per shares, affording ECSI additional working capital."

About ECSI
ECSI is recognized as a global leader in perimeter security and an effective quality provider for both the Department of Defense and Homeland Security programs. The company designs, manufactures and markets physical electronic security systems for high profile, high threat environments. The employment of risk assessment and analysis allows ECSI to determine and address the security needs of government and commercial-industrial installations. The company has teaming agreements with ARINC, Hudson Marine Inc., Lockheed Martin Transportation & Security Solutions, SERCO, Inc., Tetra Tech, Inc. and other industry leaders. ECSI is located at 790 Bloomfield Avenue, Bldg. C-1, Clifton NJ 07012. Tel: 973-574-8555; Fax: 973-574-8562. For more information on ECSI and its customers, please go to http://www.anti-terrorism.com.

ECSI Safe Harbor Statement
Statements in this press release, including the statements relating to projected future financial performance, are considered forward-looking statements under the federal securities laws. Sometimes these statements will contain words such as "anticipates," "expects," "plans," "projects," "estimates," "outlook," "forecast," "guidance," "assumes" and other similar words. These statements and those contained in ECSI's recent Form 10-KSB and 10-QSB's are not guarantees of ECSI's future performance and are subject to risks, uncertainties and other important factors that could cause ECSI's actual performance or achievements to be materially different from those it may project. These are only some of the numerous factors that may affect the forward-looking statements contained in this press release.

 


 
 
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