Exhibit 14 - Code of Ethics**ELECTRONIC SYSTEMS TECHNOLOGY INC

CODE OF ETHICS**
INTRODUCTION

This Code of Ethics applies to the employees, officers and directors ofElectronic Systems Technology Inc. It covers a variety of business practices, proceduresand situations. It does not address every situation that may arise, but provides basicprinciples as a guide. It is intended to promote honest and ethical conduct at all levelsof Electronic Systems Technology Inc. Our employees, officers and directors must conductthemselves accordingly and seek to avoid even the appearance of improper behavior.

If a policy in this Code conflicts with a law, you must comply with thelaw. If a local custom or policy conflicts with this Code, you must comply with the Code.Any variance between local customs or policies and this Code should be brought to theattention of management or the directors. If you have any questions about conflicts, youshould ask your supervisor for guidance on how to handle the situation. 

Those who violate the standards in this Code will be subject todisciplinary action. If you are in a situation that you believe may violate or lead to aviolation of this Code, follow the guidelines listed in "Reporting Illegal, UnethicalBehavior and Violations of this Code", which follow later in this Code.

COMPLIANCE WITH LAWS AND REGULATIONS

Obeying the law is the foundation of Electronic SystemsTechnology’s ethical standard. All employees must obey the laws of the jurisdictionsin which we operate. Employees are not expected to know all the details of these laws butit is vital to know enough to determine when to seek advice from supervisors or managers.

We apply standards of full, fair, accurate, timely, and understandabledisclosure in reports and documents that are filed or submitted to the Securities andExchange Commission, and in other public communications as well. 

Our advertising, sales, and promotional literature seeks to betruthful, accurate, and free from false claims.

HEALTH AND SAFETY

Electronic Systems Technology strives to provide employees with a safeand healthy workplace. Every employee is responsible for maintaining a safe and healthyworkplace by following safety and health rules and practices.

Violence and threatening behavior are not permitted. Employees areexpected to report to work in condition to perform their duties, free from the influenceof illegal drugs or alcohol.

DISCRIMINATION AND HARASSMENT

Diversity among the employees of Electronic Systems Technology’s avaluable asset. We are committed to providing equal opportunity in all aspects ofemployment and will not tolerate any illegal discrimination or harassment of any kind. 

FAIRNESS AND HONESTY IN DEALINGS WITH ELECTRONIC SYSTEMS TECHNOLOGYINC.

CONFLICTS OF INTEREST

Conflicts of interest exist when an employee’s, officer’s ordirector’s personal interest interferes with the interests of Electronic SystemsTechnology. A conflict situation can arise when an employee, officer or director actionsor interests may make it difficult to perform his or her Electronic Systems Technologywork effectively and objectively. Conflicts of interest may arise when an employee,officer or director, or family member receives improper personal benefits as a result oftheir position in Electronic Systems Technology. Loans to or guarantees of obligations of,employees or family members may create conflicts of interest.

It is almost certainly a conflict of interest for an Electronic SystemsTechnology employee to work simultaneously for a customer, competitor or supplier. Workingfor a competitor as a consultant or board member is prohibited. It is best to avoid anydirect or indirect business connection with our customers, supplier or competitors, excepton behalf of Electronic Systems Technology.

Conflicts of interest are prohibited as a matter of Electronic SystemsTechnology policy, except under guidelines approved by the Board of Directors. Occurrencesof conflicts of interest may not always be clear-cut. If you have a question, you shouldconsult with senior management or, if you are a director or member of senior management,Electronic Systems Technology’s outside legal counsel, Velikanje, Moore & Shore,P.S. An employee, officer or director who becomes aware of a potential conflict ofinterest should bring it to the attention of a supervisor or manager or consult"Reporting Illegal, Unethical Behavior and Violations of this Code", whichfollows later in this Code.

PROTECTION AND PROPER USE ELECTRONIC SYSTEMS TECHNOLOGY ASSETS

Employees are to endeavor to protect Electronic SystemsTechnology’s assets and ensure the efficient use of those assets. Theft, carelessnessand waste directly effect Electronic Systems Technology’s profitability. Anysuspected incident of fraud or theft should be immediately reported for investigation.Electronic Systems Technology equipment should not be used for non-Electronic SystemsTechnology business, though incidental personal use may be permitted.

Employees have an obligation to protect Electronic SystemsTechnology’s assets, which extends to its proprietary information. Proprietaryinformation includes intellectual property, customer information, trade secrets, patents,trademarks, copyrights, business and marketing plans, engineering and manufacturing ideas,designs, databases, records, salary information and any unpublished financial data.Unauthorized use or distribution of this type of information violates Electronic SystemsTechnology policy, and could also be illegal and result in civil or criminal penalties.

Electronic Systems Technology complies with U.S. law that prohibitsparticipation in international boycotts that are not sanctioned by the U.S. government.

In order to protect U.S. national security, the United Statesgovernment restricts the export of certain technology and products, including certaincomputer software and technical goods and data. Electronic Systems Technology observesrestrictions applicable to our business placed on the export and re-export of a U.S.product or component of a product, good, service, or technical data.

CORPORATE OPPORTUNITIES

Employees, officers and directors are prohibited from personallyexploiting opportunities that are discovered through the use of corporate property,information or position without the prior consent of the Board of Directors. No employeemay use corporate property, information, or position for improper personal gain, and noemployee may compete with Electronic Systems Technology directly or indirectly. Employees,officers and directors are obligated to advance Electronic Systems Technology’slegitimate interests when opportunity to do so arises.

FAIRNESS AND HONESTY IN DEALING WITH OTHERS

We seek to outperform our competition using competitive advantagesfound through superior performance, never through unethical or illegal business practices.Stealing proprietary information, possessing trade secret information that was obtainedwithout the owner’s consent is not tolerated. Each employee should respect the rightsof and deal fairly with Electronic Systems Technology’s customers, suppliers,competitors and employees. No employee should take unfair advantage of anyone by employingmanipulation, concealment, abuse of privileged information, or misrepresentation ofmaterial facts.

To preserve Electronic Systems Technology’s valuable reputation,compliance with our quality and safety processes is vital. Operations must be conducted inaccordance with all applicable regulations. Compliance with all regulations and lawsshould be given priority over the opportunity to profit or gain competitive advantage.

Business entertainment and gifts in a commercial setting serves thepurpose to create good will and improve working relationships, not to gain unfairadvantage with suppliers and customers. No gift or entertainment should ever be offered,given or accepted by any Electronic Systems Technology employee or family member unlessthe gift or entertainment is: not a cash gift, consistent with customary businesspractice, not excessive in value, cannot be construed as a bribe or payoff and does notviolate any laws or regulations. Please consult with your supervisor or manager any giftthat you are not certain is appropriate.

United States law prohibits giving anything of value, directly orindirectly, to officials of foreign governments or foreign political candidates in orderto obtain or retain business. Additionally, the United States government has laws andregulations regarding business gratuities that may be accepted by United States governmentpersonnel. The promise, offer or delivery to an official or employee of the U.S.Government of a gift, favor or other gratuity in violation of these rules would not onlyviolate Electronic Systems Technology policy, but could also be a criminal offense. Stateand local governments may have similar regulations. Electronic Systems Technology’ssenior management or legal counsel can provide guidance regarding this subject.

CONFIDENTIALITY 

Employees must maintain the confidentiality of confidential informationentrusted to them by Electronic Systems Technology, its suppliers and customers, exceptwhen senior management explicitly authorizes disclosure or as required by law.Confidential information includes all non-public information that might be of use tocompetitors, or harmful to Electronic Systems Technology or its customers, if disclosed aswell as information that suppliers and customers have entrusted to us. Employees are boundby executed nondisclosure agreements, even after employment with Electronic SystemsTechnology has ceased. 

FAIRNESS AND HONESTY IN DISCLOSURE TO THE PUBLIC

INSIDER TRADING

Employees, directors and officers with access to confidentialinformation are not permitted to use or share that information for stock trading or anyother purpose except the conduct of Electronic Systems Technology’s business. Allnon-public information about Electronic Systems Technology should be consideredconfidential information. The use of non-public information for personal financial benefitor to inform others who might make investment decisions regarding Electronic SystemsTechnology stock on the basis of this information is not only unethical but also illegaland subject to civil and criminal penalties. If you have any questions concerning possibleinsider trading issues, please consult senior management or, if you are a director ormember of senior management, Electronic Systems Technology’s outside securitiescounsel, Charles A. Cleveland P.S.

RECORD KEEPING

Honesty and accuracy is required in the recording and reporting ofinformation for Electronic Systems Technology in order to make responsible businessdecisions. This applies to all facets of information pertaining to Electronic SystemsTechnology, including accurate number of hours worked by employees, business expenseaccounts and material cost information. If you need guidance regarding these issues,consult with your supervisor.

Electronic Systems Technology’s records, accounts, financialinformation and resulting financial statements must be maintained in reasonable detail,must appropriately reflect Electronic Systems Technology’s transactions and financialcondition and must conform to both applicable legal requirements and Electronic SystemsTechnology’s internal controls.

Business records and communications often become public. Exaggeration,guesswork, derogatory remarks, and other items that can be misunderstood should beavoided. This applies to all methods of communication, including e-mail, memos, andreports. Records should be retained or destroyed in accordance with Electronic SystemsTechnology’s record maintenance policies. In the event of litigation or governmentalinvestigation, consult senior management or, if you are a director or member of seniormanagement, Electronic Systems Technology’s outside legal counsel, Velikanje, Moore& Shore P.S.

CHIEF EXECUTIVE AND FINANCIAL OFFICERS

The Electronic Systems Technology Code of Ethics is designed to promoteand ensure full, fair, accurate, timely and understandable disclosure in ElectronicSystems Technology’s Securities and Exchange Commission filings and other publiccommunications. Electronic Systems Technology’s Chief Executive and FinancialOfficers hold vital and critical roles in corporate governance. They have both theresponsibility and authority to protect, balance, and preserve the interests of ElectronicSystems Technology’s shareholders, customers, employees and suppliers. The ChiefExecutive and Financial Officers fulfill this responsibility by establishing and enforcingthe policies and procedures employed in Electronic Systems Technology’s financialorganization and by demonstrating the following:
- Exhibiting and promoting the highest standards of honest and ethical conduct through the    establishment and operation of policies that:

Encourage professionalism and integrity in all aspects of the financial    organization, by eliminating barriers to responsible behavior, such as coercion, fear of    reprisal or alienation, from both the financial and complete organization.

Prevent and eliminate conflicts between the best interest of the    enterprise and the personal interest and material personal gain for members of the    financial organization, including the Chief Executive and Financial Officers

Provide a mechanism for finance organization members to inform senior    management of deviations from policies and procedures governing honest and ethical    behavior.
- The Chief Executive and Financial Officers will establish, manage and maintain the    organizations transaction and reporting procedures and systems to ensure that:

Transactions are properly authorized and completely, accurately and timely recorded on    Electronic Systems Technology’s books and records in accordance with Generally    Accepted Accounting Principles (GAAP) and established Electronic Systems Technology    financial organization policy.

Retention or disposal of Electronic Systems Technology records is in accordance with    applicable legal requirements.

Periodic financial communication and reports are delivered with a high degree of    clarity of content and meaning so that readers and users can determine their significance    and consequence.

PROCEDURES FOR COMPLIANCE WITH THE CODE OF ETHICS

All of us must work to ensure prompt and consistent action against violations of theCode of Ethics. In some situations, determining right from wrong can be difficult. Sinceevery situation that will arise cannot be anticipated, it is vital that we have a way toapproach a new question or problem. Steps to keep in mind when confronted with such assituation:
In order to reach the right solution, be as fully informed as possible. Make sure you    have all the facts.

We should ask ourselves: What am I being asked to do? Does it seem unethical or    improper? This will allow you to focus on specific questions you are faced with and what    alternatives you have. Use judgement and common sense. If something seems unethical or    improper, it usually is.

Determine your responsibility. In the majority of situations, responsibility is shared.    Inform your colleagues, as it may be helpful involve others and discuss the problem.

Consult with your supervisor about the problem. This is the basic guidance for all    situations. In most cases, your supervisor will be more knowledgeable about the situation    and is valuable in the decision-making process. Remember your supervisor is responsible to    assist in problem solving.

Seek assistance from Electronic Systems Technology resources. In the unusual instance    when it may not be appropriate to discuss an issue with your supervisor, or if you are not    comfortable approaching your supervisor with an issue, discuss it with senior management,    if you are a director or member of senior management, Electronic Systems Technology’s    legal counsel, Velikanje, Moore & Shore P.S. If you prefer to write, address your    concerns to: Chief Executive Officer, Electronic Systems Technology Inc, 415 N. Quay St.    Suite 4, Kennewick WA 99336.

Always ask first, act later: If you are uncertain of what to do in any situation, seek    guidance before you act.

You may report ethical violations in confidence, without fear of retaliation. If your    situation requires your identity be kept secret, your anonymity will be protected.    Retaliation of any kind against employees making good faith reports of ethical violations    is not permitted.

REPORTING ILLEGAL, UNETHICAL BEHAVIOR AND VIOLATIONS OF THIS CODE

Employees are encouraged to consult with supervisors and managers about any observedillegal or unethical behavior and any violations of this Code of Ethics. When in doubtabout the best course of action in a particular situation, employees are encouraged toconsult with their supervisor or manager. Retaliation for reports of misconduct made ingood faith is not permitted. Employees are obligated to fully cooperate in investigationsof misconduct.

WAIVERS OF THE CODE OF ETHICS

Any waiver of this Code for executive officers, directors or employees of ElectronicSystems Technology, may be made only by the Board of Directors, or the Audit Committee ofthe Board of Directors. Any such waiver will be promptly disclosed as necessary and as maybe required by law or stock exchange regulation.