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.