EXHIBIT 99.1


                     [LETTERHEAD ELEC]



FOR IMMEDIATE RELEASE             Contact:  Paul H. Riss, CEO
                                            phriss@elec-corp.com
                                            914-633-6500

                                  eLEC Reports Bankruptcy Filing of a Subsidiary


NEW ROCHELLE,  NY...August  1, 2002--- eLEC  Communications  Corp.  (OTCBB:ELEC)
announced today that one of its wholly-owned subsidiaries, Telecarrier Services,
Inc.,  filed a voluntary  petition for protection under Chapter 11 of the United
States  Bankruptcy Code in the United States  Bankruptcy  Court for the Southern
District of New York.



Telecarrier  provides long distance phone services to many of eLEC's  customers.
It buys services from underlying  carriers who had payment and contract disputes
with  Telecarrier.  The filing is not  expected  to have a direct  impact on any
service to existing customers.



eLEC Communications Corp. is a competitive local exchange carrier that is taking
advantage of the convergence of the current and future competitive technological
and regulatory  developments  in the  telecommunications  industry.  eLEC offers
small   businesses   and   residential    customers   an   integrated   set   of
telecommunications  products  and  services,  including  local  exchange,  local
access, domestic and international long distance telephone,  and a full suite of
features including items such as three-way calling, call waiting and voice mail.



                                    *********



This  release  contains  forward-looking   statements  that  involve  risks  and
uncertainties.  eLEC's  actual  results may differ  materially  from the results
discussed  in the  forward-looking  statements.  Factors that might cause such a
difference include, among others, certain risks and uncertainties over which the
company  may  have  no  control.  For  further  discussion  of  such  risks  and
uncertainties,  which could cause actual results to differ from those  contained
in  the  forward-looking  statements,  see  the  discussions  contained  in  the
company's  Annual Report on Form 10-K for the  year-ended  November 30, 2001 and
its Quarterly Report on Form 10-QSB for the quarters ended February 28, 2002 and
May 31, 2002 and any subsequent SEC filings.