| SOUTHAMPTON, Pa., March 10 /PRNewswire-FirstCall/ -- Environmental
Tectonics Corporation (Amex: ETC) today announced management changes for two
key members of its engineering staff. Dr. Jack P. Sigda will head up the Aircrew Training Systems (ATS) Engineering Department as Vice President Engineering Manager. Product development under his responsibility will include all ETC's centrifuge, spatial disorientation and commercial training devices. Jack has worked at ETC since September 1992, holding various positions in software design and control systems engineering. He holds a B.S. in Electrical Engineering from Lafayette College, and M.S. and Ph.D. degrees in Electrical Engineering from the University of Virginia. Jack was promoted to the title of Vice-President of Aircrew Training Systems Engineering at the Company's Board Meeting in February. Bernhard Richter will head up the new product Development Group as Vice- President of Development. This group will manage the development of ETC's new line of entertainment applications as well as the next generation of Flight Simulators. Bernhard has been with ETC since 1983, holding various engineering positions in ATS, the Sterilizer Group and the Hyperbaric Chamber product line. He specializes in mechanical design, stress analysis, instrumentation design and selection of drive systems. Bernhard holds an M.S. in Mechanical Engineering from the Technical University of Darmstadt, Germany. 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 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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