The anterior cingulate cortex (ACC) is a key region within the human prefrontal cortex that has been shown to be dysfunctional in schizophrenic patients. Supporting evidence for this notion has been collected with neuroimaging methods during various cognitive activation tasks. Recently, electrophysiological ACC activity has been demonstrated by means of a three-dimensional source location with low resolution electromagnetic tomography (LORETA) in the event-related potentials elicited during the NoGo condition of the Continuous Performance Test (CPT) as compared to its Go condition. Thirty-one schizophrenic patients and 31 age- and gender-matched healthy volunteers were investigated with this newly developed electrophysiological method. LORETA analysis revealed a significantly diminished brain electrical activity in the ACC of schizophrenic patients as compared to controls during the NoGo condition of the CPT. This result supports the assumption of a functional deficit of the ACC during this cognitive task as a central feature in schizophrenias and, thereby, specifies the general concept of hypofrontality. Moreover, this investigation underscores the value of sophisticated electrophysiological methods in combination with unambiguously designed mental tasks for the evaluation of the pathophysiological processes underlying schizophrenic diseases.