May 21, 2003 |
SOUTHAMPTON, Pa., May 21 /PRNewswire-FirstCall/ -- Environmental Tectonics
Corporation (Amex: ETC) is proud to announce that it has been awarded a
contract to deliver another 12-pallet 100% Industrial Ethylene Oxide
sterilization chamber valued at $575,000 to a major contract sterilization
company. This is the sixth unit purchased as part of this customer's
continued growth. Because of the exemplary operational track record of the
five chambers already in service with this customer, this new contract calls
for ETC to design and deliver the new chamber to exactly the same performance
specifications as previously supplied.
This sterilizer will feature ETC's unique Air Jacket Heating (AJH) system.
This approach not only avoids the costly maintenance and repairs commonly
associated with traditional water jacketed vessels, it maintains superior
temperature distribution throughout the chamber, thus giving better overall
performance and substantial energy savings.
ETC was selected for three primary reasons, its extensive experience in
designing, manufacturing and installing large industrial 100% EtO
Sterilization Systems, the track record of the ETC 100% EtO equipment already
in service with this organization for the last 5 years, and ETC's competitive
pricing.
Michael W. Allen, V. P. of ETC's Biomedical Systems and Sterilizer Group,
commented, "Our ability and willingness to work with clients in order to
develop the best possible solution to their problems is only one of the things
that sets ETC apart from our competitors. This team approach enables our
clients to tap into the expertise it has taken us many years to develop and
get the equipment they need to do the job and maximize their return on
investment. I believe this is why we are able to develop long-term
relationships with our clients based on mutual trust, the quality of our
products and ability to provide the very latest in sterilization systems
controls technology."
ETC provides consultancy services to assist clients with facility design;
specialized construction and retrofit control system upgrade requirements.
This service enables companies wishing to develop or expand an EtO
sterilization capability to achieve the best possible return on their
investment by optimizing equipment selection and product throughput while
maximizing facility safety.
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 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", "should", "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 out 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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CONTACT: Duane D. Deaner, CFO of Environmental Tectonics, 215-355-9100, ext.1203, fax 215-357-4000 or email: ddeaner@etcusa.com www.etcsterilization.com |
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