ELC Elcom Itl

RNS Number:2928Y
Elcom International Inc
13 June 2007

Elcom International, Inc.
("Elcom" or the "Company")

Elcom Provides Update on SEC Filings, OTC Bulletin Board Status and Trading

NORWOOD, MA, June 13, 2007 - Elcom International, Inc. ("Elcom" or the
"Company") (PINKSHEETS: ELCO), a leading international provider of Commerce
Process Management solutions for buyers, suppliers and commerce communities,
today announces the latest steps taken towards regaining listing as an
Over-The-Counter Bulletin Board (the "OTC Bulletin Board") stock since being
suspended on May 18, 2007 due to the delay in filing its annual report on Form
10-KSB for its fiscal 2006 year with the Securities and Exchange Commission
("SEC"). The Company's stock is listed in the OTC "pink sheets" until such time
as the Company's stock is again eligible for quotation on the OTC Bulletin
Board.

The Company is nearing final resolution of several issues that have delayed the
completion of the Company's audit for the year ended December 31, 2006. One
issue involves the repayment of a cash deposit of approximately $1.2 million 
deposited by the Company with a sales agent in connection with its potential 
bid for government contracts outside the United States. The Company has filed a
lawsuit for the return of these funds, which were originally due to be repaid 
to the Company by May 15, 2007. A further issue involves the accounting 
treatment of certain balance sheet items. These issues are expected to be 
resolved within the next several weeks, and at that time the Company expects to
be able to file its 2006 annual report on Form 10-KSB as well as its quarterly 
report on Form 10-QSB for the quarter ended March 31, 2007.

The Company had previously announced in October 2006 that it anticipated that it
would be cash flow positive in 2007, however based on current trading it now
anticipates that it will remain in a loss position through 2007.

About Elcom International, Inc.

Elcom International, Inc. (PINKSHEETS:ELCO), is a leading international provider
of Commerce Process Management solutions for buyers, suppliers and commerce
communities. Commerce Process Management refers to the ability to effectively
manage the large-scale exchange of goods and services, using information
technology and best practices, between different organizations, including the
purchase, sale, exchange of commodities and services and their receipt and
payment in one seamless end-to-end integrated process. Beyond the current
generation of "On Demand" solutions available in the market, Commerce Process
Management Solutions provided by Elcom offer true value for money by eliminating
the burden and cost of in-house programming, IT infrastructure and ongoing
system management. More information is available from Elcom's website at:
www.elcom.com

STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT

Except for the historical information contained herein, the matters discussed in
this press release could include forward-looking statements or information. All
statements, other than statements of historical fact, including, without
limitation, those with respect to the Company's objectives, plans and strategies
set forth herein and those preceded by or that include the words "believes",
"expects", "targets", "intends", "anticipates", "plans", or similar expressions,
are forward-looking statements. Although the Company believes that such
forward-looking statements are reasonable, it can give no assurance that the
Company's expectations are, or will be, correct. These forward-looking
statements involve a number of risks and uncertainties which could cause the
Company's future results to differ materially from those anticipated, including:
(i) the necessity for the Company to control its expenses as well as to generate
incremental, ongoing operating revenues and whether this objective can be met
given the overall marketplace and clients' acceptance and usage of eCommerce
software systems, eProcurement and eMarketplace solutions including corporate
demand therefore, the impact of competitive technologies, products and pricing,
particularly given the substantially larger size and scale of certain
competitors and potential competitors; (ii) the consequent results of operations
given the aforementioned factors; and (iii) the necessity of the Company to
achieve profitable operations within the constraints of its existing resources,
and if it can not, the availability of incremental capital funding to the
Company, particularly in light of the audit opinion from the Company's
independent registered public accounting firm in the Company's 2005 Annual
Report on Form 10-KSB, as amended, and other risks detailed from time to time in
its March 31, June 30, and September 30, 2006 Quarterly Reports on Form 10-QSB
and in its other SEC reports and statements, including particularly the
Company's "Risk Factors" contained in the prospectus included as part of the
Company's Registration Statement on Form S-3 filed on June 21, 2002. The Company
assumes no obligation to update any of the information contained or referenced
in this press release.
                                    - END -











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