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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.03 | -1.58% | 1.87 | 1.81 | 1.90 | 1.894 | 1.86 | 1.894 | 7,276 | 21:00:10 |
For Immediate Release
SOUTHAMPTON, PA, USA, July 30, 2013 - Environmental Tectonics Corporation (OTC Pink: ETCC) ("ETC" or the "Company") today announced the results of the shareholder voting from its Annual Meeting.
The annual meeting of Environmental Tectonics Corporation was held on July 25, 2013, at 10:00 a.m., with shareholders voting favorably on the following three proposals:
The election of Dr. George K. Anderson, Dr. Linda J. Brent, Roger Colley, H.F. Lenfest, Michael D. Malone, William F. Mitchell, George A. Sawyer and Winston E. Scott as Directors of the Company.
The appointment of McGladrey LLP as the Company's independent registered public accounting firm for the fiscal year ending February 28, 2014.
The approval of amendments to the Articles of Incorporation of the Company to reduce the dividend rate on the Series D and Series E Preferred Stock from ten (10%) to four (4%).
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 and to control, modify, simulate and measure environmental conditions. These products include aircrew training systems (aeromedical, tactical combat and general), disaster management systems, sterilizers (steam and gas), environmental testing products and hyperbaric chambers and other products and services 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.
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Contact: | Bob Laurent, CFO |
Phone: | (215) 355-9100 x1550 |
E-mail: | rlaurent@etcusa.com |
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