| Southampton, PA: January 20, 2004- Environmental Tectonics Corporation's ("the Company") (AMEX:ETC) Simulation Division, located in Orlando, FL, has been selected by the Maryland Aviation Administration (MAA) to perform airport certification and emergency drill training at the Baltimore Washington International (BWI) airport.
This project will allow BWI to join a growing list of airports and users of the Company's Advanced Disaster Management Simulator (ADMSTM) across the country, which now includes Chicago O'Hare International, Minneapolis St. Paul, Miami International, Honolulu International, Nashville and Orlando Sanford International. It is also envisioned by MAA that this project will form the basis for a long-term quarterly training program in future years, thus setting the standard for other airports to follow. MAA conducts training for all BWI employees who must work in secure areas, and drive in the air operations areas, and those that are required to respond to emergency situations at the airport. MAA has chosen the ADMSTM system to streamline and enhance the training of these individuals. ETC's Simulation Division provides high fidelity airport incident management simulations to airports throughout the U.S. and abroad. Prior to the introduction of ADMSTM technology, training was only possible through mock drills and tabletop exercises which are time consuming to orchestrate, expensive to conduct and severely limited in content, due to safety concerns. Shabbir Merchant, President of the Simulation Division, stated, "Since all airports across the country are required by Federal Regulations to conduct annual tabletop exercises to practice emergencies relating to security and safety, having the ability to streamline and enhance training - both at the same time - will not only save airports money but also fill the significant training gap that presently exists." 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", "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, failure to obtain new contracts, political unrest in customer countries, unfavorable results in litigation, 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 28, 2003. |
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