| Southampton, PA: October 28, 2002- Environmental Tectonics Corporation (AMEX:ETC) today announced it had achieved certification to the new ISO 9000:2000 International Quality Management System. A Quality Systems audit by independent registrar British Standards Institute (BSI), has recommended ETC for certification to the new ISO Standard. The transition and assessment to the new Standard was completed ahead of schedule and ahead of the December 15th, 2002 deadline, where all ISO 9000:1994 certificates become invalid. "Certification of our Quality Management System to the new ISO 9000:2000 Standard is a reflection of the high standards maintained by everyone at ETC. Our high standards for Quality, provides a level of acceptability and confidence to our discriminating customers." says Glenn King, ETC's Director of Quality Assurance. "The new ISO 9000:2000 Quality Standard is a process based approach, with less emphasis on procedures and more on the processes that are needed to satisfy customer requirements. The new Standard encompasses all the requirements of the previous ISO standards, with new requirements that help build our organization's management systems into a complete "business system" and not just a quality system, which it has been in the past. Our Quality Management System has been updated to reflect a more modern understanding of quality, including a new focus on customer satisfaction." ETC is a very diversified organization with deep technological and manufacturing roots in the market areas where we compete. ETC is the only company serving these markets that can provide complete product development in-house. ETC is primarily engaged in the development, marketing and manufacturing of Aircrew Training Systems (ATS), Simulation Systems, and Industrial Simulation equipment. ETC utilizes its internally developed software systems in virtually all of its products, and focuses on software enhancements, product life extensions, new product development and new marketplace applications. ETC designs, develops, installs and maintains aircrew training systems, public entertainment systems, process simulation systems (sterilization and environmental), clinical hyperbaric systems, environmental testing and simulation systems, and related products for domestic and international customers. This press release may include 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. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about the Company that may cause our actual results , levels of activity, performance or achievements to be materially different from any other future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “will”, “could”, “would”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “continue”, or the negative of such terms or similar expressions. Factors that might cause or contribute to such a discrepancy include, but are not limited to, contract cancellations, political unrest in customer countries, general economic conditions, and those issues identified from time to time in our Securities and Exchange Commission filings and other public documents, including, without limitation, our Annual Report on Form 10-K for the fiscal year ended February 22, 2002. |
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