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Sunday, 12/18/2011 9:13:02 AM

Sunday, December 18, 2011 9:13:02 AM

Post# of 131
ECDI - from SEC form 10-12G dated 11-23-2011:

EC Development, Inc. (“EC Development” or the “Registrant” or the “Company”), markets and sells, casino-management systems in the form of a suite of cutting-edge technology solutions under the brand name “Tahoe”. The suite of the Tahoe products provides comprehensive solutions for gaming operations of every size including accounting, player tracking, marketing, data management and analysis. This suite of software solutions is comprised of modules that can be integrated to allow the operator of a gaming establishment to monitor and report nearly all aspects of the gaming business. The modules both acquire and quantify the data and create a multitude of reports including those mandated by governmental agencies with jurisdiction over the gaming establishment.


The Company was founded in 1984 as a corporation under the laws of the state of Nevada. The Company began with the name eNucleus, Inc., as a provider of computer systems and components. The Company began operations in Colorado Springs, Colorado operating in the technology sector. The Company changed its name to Nucleus, Inc., in April 1999, when the Company acquired the assets and business of Nucleus Holding Corporation, a privately held Illinois corporation based in Chicago and shifted the focus of the business from being a systems builder and integrator to operating a data hosting center.


In July 2000, the Company re-incorporated from Nevada to Delaware pursuant to shareholder approval and changed the name of the Company back to eNucleus, Inc. The Company filed a petition under Chapter 11 of the Bankruptcy Code on May 10, 2001 in the U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division and, on November 6, 2003, completed its successful restructuring and emerged from Chapter 11 reorganization. Following its emergence from bankruptcy, the focus of the Company was shifted to being a provider of internet-based software solutions for supply chain business processes in the insurance, petroleum and education market segments. The Company filed a second petition under Chapter 11 of the Bankruptcy Code in July 2009 in the U.S. Bankruptcy Court for the Western District of Washington and, on April 10, 2010, emerged from Chapter 11 reorganization under the Fourth Plan of Reorganization (the “Plan”) effective May 6, 2010. Under the Plan, the Company merged with EC Development, LLC, an Oklahoma limited liability company, and changed its name to EC Development, Inc., remaining a Delaware corporation which merger was deemed effective by the parties (as permitted under the Plan) as of August 1, 2010.



GLTA
Bob

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