| Southampton, PA January 13, 2003-Environmental Tectonics Corporation (Amex: ETC) announced today the sale of a GAT-II® General Aviation Trainer to the Fuerza Aerea de Chile (the Chilean Air Force), Santiago, Chile. Fuerza Aerea de Chile's largest military cadet flight training school in Chile will use the GAT-II® to expand it's flight training curriculum for cadets who learn to fly in the T-35 Pillan. A benefit of utilizing the GAT-II® will be to provide training in the hazards associated with spatial disorientation during flight. Spatial Disorientation training emphasizes the physiological hazards which pilots could experience. Fuerza Aerea de Chile is the first customer in South America to offer this type of advanced pilot training. FAA statistics show that when spatial disorientation is involved in a mishap, nine out of ten of those mishaps are fatal. ETC recently introduced the GAT-II® family of motion based, General Aviation Trainers (GAT-II®s) which are available in Single Engine, Multi-engine, Helicopter and Regional Jet versions. Each GAT-II® supports VFR, IFR, as well as Spatial Disorientation (SD) training. The motion platform provides roll, pitch, and yaw in response to pilot input. The visual display provides an impressive photo-realistic terrain database with accurate modeling of major cities and terrain features. The list of features includes selectable meteorological conditions, instructor selectable malfunctions; various map views and contains all FAA listed airports and navaids. ETC also designs, develops, installs and maintains aircrew training systems, process simulation systems (sterilization and environmental), clinical hyperbaric systems, environmental testing and simulation systems, public entertainment systems and related products for domestic and international customers. This report contains certain 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 may 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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