Environmental Tectonics Corp (ETCC)

[10 bagger]

ETCC $1.90

CFross Post..

Posted by: Knowledge is King Date: Thursday, November 05, 2009 9:41:35 AM
In reply to: Knowledge is King who wrote msg# 120301 Post # of 123248

ETCC out with yet another contract...



(PR Wires) PRW: Environmental Tectonics Corporation's Sterilization Systems
Division Announces Two New Contracts
PRW: Environmental Tectonics Corporation's Sterilization Systems Division Announ
ces Two New Contracts



SOUTHAMPTON, Pa., Nov. 5 /PRNewswire-FirstCall/ -- Environmental Tectonics
Corporation's (OTC Bulletin Board: ETCC) ("ETC" or the "Company")
Sterilization Systems Group (SSG), a division of ETC's Control Systems Group
(CSG), today announced the award of two new contracts for large, industrial
sized sterilization systems from previous customers. The combined contract
values exceed $700,000.

Dave Mitchell, Vice President of CSG, stated, "Although current economic
conditions have been difficult for capital purchases, ETC continues to book
repeat orders from our key account list. These customers, who include large
private companies, universities and U.S. government research facilities,
recognize ETC's almost fanatical focus on customer satisfaction and our
ability to solve even their most difficult technical and configuration
challenges. When ETC encounters a sterilization problem, its solution is the
only option we consider. Solving problems is easy; solving problems in a
simple, elegant and cost effective manner is what separates ETC from other
suppliers."

ETC's Sterilization Systems Group provides turnkey steam and Ethylene Oxide
sterilizers, services, consulting and software systems to the medical
device, pharmaceutical, biotechnology and healthcare industries.

ETC was incorporated in 1969 in Pennsylvania and this year we have
celebrated our 40th anniversary. Our core technologies include the design,
manufacture and sale of Training Services (TSG) which includes (1) software
driven products and services used to create and monitor the physiological
effects of flight; (2) high performance jet tactical flight simulation, and;
(3) driving and disaster simulation systems, and Control Systems (CSG) which
includes: (1) steam and gas sterilization; (2) testing and simulation
devices for the automotive industry, and; (3) hyperbaric and hypobaric
chambers. Product categories included in TSG are Aircrew Training Systems
(ATS) and flight simulators, disaster management systems and entertainment
applications. CSG includes sterilizers, environmental control devices and
hyperbaric chambers along with parts and service support.

This press release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. These forward-looking
statements are based on ETC's current expectations and projections about
future events. These forward-looking statements are subject to known and
unknown risks, uncertainties and assumptions about ETC and its subsidiaries
that may cause actual results, levels of activity, performance or
achievements to be materially different from any future results, levels of
activity, performance or achievements expressed or implied by these
forward-looking statements.

These forward-looking statements include statements with respect to the
Company's vision, mission, strategies, goals, beliefs, plans, objectives,
expectations, anticipations, estimates, intentions, financial condition,
results of operations, future performance and business of the company,
including but not limited to, (i) potential additional funding by H.F.
Lenfest, a member of our Board of Directors and a significant shareholder,
and PNC Bank, (ii) the trading of the Company's common stock on the
Over-the-Counter Bulletin Board (iii) projections of revenues, costs of
materials, income or loss, earnings or loss per share, capital expenditures,
growth prospects, dividends, capital structure, other financial items and
the effects of currency fluctuations, (iv) statements of our plans and
objectives of the Company or its management or Board of Directors, including
the introduction of new products, or estimates or predictions of actions of
customers, suppliers, competitors or regulatory authorities, (v) statements
of future economic performance, (vi) statements of assumptions and other
statements about the Company or its business, (vii) statements made about
the possible outcomes of litigation involving the Company, (viii) statements
regarding the Company's ability to obtain financing to support its
operations and other expenses, and (ix) statements preceded by, followed by
or that include the words, "may," "could," "should," "looking forward,"
"would," "believe," "expect," "anticipate," "estimate," "intend," "plan," or
the negative of such terms or similar expressions. These forward-looking
statements involve risks and uncertainties which are subject to change based
on various important factors. Some of these risks and uncertainties, in
whole or in part, are beyond the Company's control. Factors that might cause
or contribute to such a material difference include, but are not limited to,
those discussed in the Company's Annual Report on Form 10-K for the fiscal
year ended February 27, 2009, in the section entitled "Risks Particular to
Our Business." Shareholders are urged to review these risks carefully prior
to making an investment in the Company's common stock.

The Company cautions that the foregoing list of important factors is not
exclusive. Except as required by federal securities law, the Company does
not undertake to update any forward-looking statement, whether written or
oral, that may be made from time to time by or on behalf of the Company.

Contact: Duane D. Deaner, CFO
Tel: [phone] (ext. 1203) Fax: [phone]
ETC - Internet Home Page: http://www.etcusa.com