BGII BGI Inc (GM)

BGI, Inc. (Pink Sheets:BGII) today announced unaudited earnings for the three months ended March 31, 2006. Net income increased 188% to $448,720. Basic earnings per share increased to $0.03 from $0.01. Revenue increased from $1,079,084 in the first quarter of 2005 to $1,375,762. Bill Schwartz, President and CEO commented, "This is the ninth straight quarter of increased revenue and income. With the help of the exciting developments in the Alabama sweepstakes market we hope to be able to continue delivering increased quarterly earnings." Statements that BGI may publish, including those in this announcement that are not strictly historical, are "forward-looking" statements made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may vary. Factors which could cause actual results to differ from these forward-looking statements include but are not limited to changes in the competitive marketplace, changes in the regulatory environment and economic conditions. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. About BGI, Inc. BGI, Inc. (http://www.bgicorp.com) is a gaming company that designs, distributes and markets sweepstakes-driven gaming products. The Company's primary products -- the Charity Station sweepstakes machine and the Lucky Strike Phone card machine -- use a sweepstakes game as an incentive to help non-profit organizations raise funds and sell phone cards, respectively. BGI, Inc. was founded in 1994 and has offices in Austin, Texas. The Company currently trades on the OTC Pink Sheets under the symbol BGII.