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ETCC Environmental Tectonics Corp (PK)

1.87
0.00 (0.00%)
Last Updated: 14:41:09
Delayed by 15 minutes
Share Name Share Symbol Market Type
Environmental Tectonics Corp (PK) USOTC:ETCC OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.87 1.85 1.87 0.00 14:41:09

ETC Announces Final Acceptance of Spanish Air Force Altitude Chambers

08/08/2014 7:50pm

GlobeNewswire


SOUTHAMPTON, PA, USA, August 8, 2014 - Environmental Tectonics Corporation (OTC Pink: ETCC) ("ETC" or the "Company") announced today the final acceptance of two altitude training and research chambers (www.etcaircrewtraining.com/hypobaric-chamber-altitude-chamber) provided to the Spanish Air Force (SPAF) and installed at their aerospace medical training center (CIMA) in Madrid, Spain.

The first contract required moving the original chamber, first sold by ETC to the SPAF in 1978, from its initial location to the new CIMA, located at Torrejon Air Force Base.

The second chamber, a new Falcon altitude chamber, Model 12/4, was delivered, integrated, man-rated, and commissioned into service at the new CIMA location. The Falcon family of altitude chambers provides the most current technology available in altitude simulation.  Both systems are able to support a host of research and operational missions.

During a tour of the new facility, Spain's Minister of Defense, Pedro Morenes, was present and provided an overview of the chamber and ETC's technology. He thanked the team who were onsite for a job well done.

"Their pilots will have expanded and enhanced capabilities in this area," said William F. Mitchell, Chairman and CEO of ETC. "Altitude simulation training is critical for any military with personnel who fly or perform other excercises at high altitudes.  We are grateful for our positive and productive relations with the SPAF."

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About ETC:

ETC designs, manufactures, and sells software driven products and services used to recreate and monitor the physiological effects of motion on humans, and equipment to control, modify, simulate and measure environmental conditions.  Our products include aircrew training systems (aeromedical, tactical combat, and general), disaster management systems, sterilizers (steam and gas), environmental testing products, hyperbaric chambers, and other products that involve similar manufacturing techniques and engineering technologies.  ETC's unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition.  ETC is headquartered in Southampton, PA.  For more information about ETC, visit http://www.etcusa.com/.

Forward-looking Statements:

This news release contains forward-looking statements, which are based on management's expectations and are subject to uncertainties and changes in circumstances.  Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "future", "predict", "potential", "intend", or "continue", and similar expressions.  We base our forward-looking statements on our current expectations and projections about future events or future financial performance.  Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements.  We caution you not to place undue reliance on these forward-looking statements.

Contact: Mark Prudenti, CFO
Phone: 215-355-9100 x1531
E-mail: mprudenti@etcusa.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ETC via Globenewswire

HUG#1847677

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